Spanish startup Fintonic has closed a €25 million (~$28M) Series B funding round to expand into new markets in Latin America and continue developing the product. Investors in the round include banking and financial services giant the ING Group and insurance group PSN. The personal finance management app is aimed at consumers wanting help managing
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Traditional wealth managers have proved themselves to be scalable and profitable businesses despite the hype caused by robo-advice models, analysts say. Wealth managers have also been shown to be more robust than pure asset managers amid mounting pressure on fund performance and fees. While Hargreaves Lansdown and St James’s Place continue to make the headlines
The term “wealth management” is thrown around plenty, in the boardrooms of private client firms, in trade and mainstream articles and by financial advisors in front of clients. Still, most professionals are hard pressed to actually define the term with any degree of precision. Wealth management is very straightforward. From the affluent individual’s perspective, wealth
AUSTIN, TX–(Marketwired – Dec 12, 2013) – BancVue®, creator of Kasasa®, announced today its partnership with MoneyDesktop. The collaboration between the leading personal financial management (PFM) technology and the national brand of rewards checking and savings accounts will arm local institutions with consumer-demanded, profitability-driving products rivaling the megabanks. Collaboratively, BancVue and MoneyDesktop have enhanced Kasasa
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