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Top 5 VC Deals of the Week in the Digital Wealth Sector (12/9/20)

This week we saw YET ANOTHER British challenger bank receive funding this past week (gosh, there's a LOT of challenger banks out there now), plus an interesting new teen-based (you guessed it!) challenger bank out of SF. Also in this week's batch were an ATL-based payments app for e-commerce companies, an API platform for retail banking out of Chicago, and a credit card bill payment app out of India.
Press Release 1

S&P Global and IHS Markit to Merge in All-Stock Transaction Valuing IHS Markit at...

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S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) today announced they have entered into a definitive merger agreement to combine in an all-stock transaction which values IHS Markit at an enterprise value of $44 billion, including $4.8 billion of net debt.

Publisher Notes For 12/3/20

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Holiday Greetings from Digital Wealth News™ ! Hoping this finds you and...
Press Release 2

FMG Suite Announces Strategic Acquisition of Twenty Over Ten

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FMG Suite, a SaaS company specializing in marketing software and services for financial advisors and insurance agents, today announced it has completed the acquisition of Twenty Over Ten, a company delivering a SaaS-based digital marketing platform for financial professionals.
steve ehrlich

Fintech Luminaries – Meet Steve Ehrlich of Voyager Digital

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Steve Ehrlich is the CEO and Co-Founder of Voyager Digital LLC, a publicly traded crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets.

Digital Banks Seek Fin-TikTokers and Fin-Fluencers

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Competition for new banking customers between large established traditional banks and the new 'challenger' (a/k/a digital banks) banks has taken a new twist. Challenger banks like Starling, Revolut, Chime and others have "attacked" the traditional banking industry with little or no fees, innovative services and products, easy to use apps and no branches
Press Release 1

Prime Trust Adds Bitcoin Liquidity to the B2B PrimeCore Platform Enabling Fintech Innovators to...

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Prime Trust, the leading B2B financial infrastructure platform for payments, custody and settlement of alternative assets, announced today the launch of Prime Liquidity – a turnkey API-based liquidity engine that enables any fintech app to buy, sell, and hold cryptocurrency.

Top 5 VC Deals of the Week in the Digital Wealth Sector (12/2/20)

You would think that with last week's Thanksgiving holiday here in the US, muted as it was due to the pandemic, we would have seen slowed down deal activity in the fintech sector. Turns out that assumption would be WRONG, and we still saw deal closings, believe it or not, with one that topped $300M(!!) and three more topped the $100M+ figure.
passport

Wealthtech & Advisory Firm deVere Group Reports High Interest Levels in Second Passports

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The CEO of international financial advisory deVere Group, Nigel Green, has recently issued a statement noting that anecdotally, the firm is experiencing unusually high numbers of clients requesting assistance with its citizen and residency service.

WEALTHTECH INSIDER: One of the Three Pillars of Success – Achieve

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In previous Wealthtech Insider columns, I've defined three pillars of success between advisors and clients. Today, let's build the final pillar: Achieve...