Read news about investment accounts and trading providers. Our news covers fintech developments within the investment industry so investors and traders can make more of their money.
Clim8 Invest, the online sustainable investing platform, that is backed by the venture arm of the British Business Bank and Channel 4 ventures, has introduced a new regular savings feature into its App. Clim8 Invest Regular Investing Clim8 Invest has introduced the ability for clients to save regular weekly or monthly amounts, via a new
Clim8 investment app introduces a regular savings feature Read More »
Canadian Robo-adviser Wealthsimple is leaving the UK market and is closing its operations here. Why is Moneyfarm taking over Wealthsimple’s clients? Wealthsimple is withdrawing from the UK Robo-advice market and will be transferring its 16,000 clients to rivals Moneyfarm, the Anglo Italian money manager. However, the deal with Moneyfarm does not include any of Wealthsimple’s
Moneyfarm takes over Wealthsimple’s UK clients Read More »
Interactive Investor the subscription-based investment and share trading platform is being acquired by abrdn, as VC backer JC Flowers decides to make a trade sale rather than IPO, the London based company. Who is buying Interactive Investor? Interactive Investor is being acquired by ABDN the recently rebranded Aberdeen Standard Life one of the UK’s largest
Interactive Investor to be acquired by abrdn for £1.49bn Read More »
UK-based equity crowdfunding platform Seedrs is to be acquired by US private investment rival Republic, subject to regulatory approval. What’s the background to the sale of Seedrs? The deal with Republic comes almost nine months after Seedrs was forced to abandon plans to sell out to its principal competitor Crowdcube following objections from the UK’s
Seedrs is to become a Republic in a $100 million deal Read More »
IG Group has announced the potential disposal of its interests in NADEX and Small Exchange as the company seeks to rationalise its US operations. What businesses is IG selling? IG Group is proposing to sell the North American Derivatives Exchange or NADEX alongside its stake in Small Exchange Inc in a deal, that if, approved
IG Group considers disposal of NADEX & Small Exchange for $216.0 million Read More »
Anglo American forex broker FXCM has launched a new service designed to make CFD trading more efficient and cost-effective for brokers. The new B2B service known as CFD Prime is part of the company’s FXCM Pro Initiative. What does the new service offer? CFD Prime will use FXCM’s balance sheet and infrastructure, some of which
FXCM launches its CFD Prime service which will reduce B2B credit risks in OTC trading Read More »
Robo-advisor, Moneyfarm the Anglo Italian online wealth manager and investment firm, that matches clients with preselected portfolios, has passed an important milestone with £2bn in assets under management. How much Assets Under Management does Moneyfarm have? Moneyfarm has reached £2.0 billion of assets under management or AUM, the firm which was founded in Milan back
Moneyfarm hits £2.0 billion in assets under management Read More »
Freetrade one of the UK’s largest retail stockbrokers is raising money to fund future expansion plans. What is this Freetrade equity Crowdfund? Freetrade has launched a new round of crowdfunding and is offering new shares to investors at a price of 924.99p. An increase of 138% over the share price at its last fundraising. This
Freetrade valued at £650m in latest Crowdcube crowdfunding raise Read More »
CMC Markets is considering dividing itself into two separate companies. In an RNS announcement the company confirmed that it is evaluating whether or not to divide the business into two separately managed entities. One which would contain the margin trading operations of CFDs and Spread Betting. And another entity that would host the technology assets
CMC Markets considers a breakup to separate trading and investing Read More »
News breaks this morning from the Hertfordshire headquarters of spread betting broker Spreadex, that the company’s founder and long-term MD Jonathan Hufford has stepped down from his position, though he will remain a director and board member at the business, in a non-executive capacity. Read our full review of Spreadex here How has Spreadex traded
Jonathan Hufford the founder of Spreadex steps down Read More »
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