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Solaris Struggling to Raise Funds

Fintech Staff Writer
by Fintech Staff Writer0
Having trouble raising new money Solaris, a German banking-as-a-service (BaaS) fintech, is apparently having trouble raising new money, calling into question its ability to fulfill on a significant credit card contract, as reported by the Financial Times. The Munich-based Automobile Club ADAC (ADAC) awarded Solaris a 10-year contract to help......
Stockify Goes Fully Digital, Offers Mutual Funds and Dematerialization of Shares
Fintech News

Stockify Goes Fully Digital, Offers Mutual Funds and Dematerialization of Shares

PR Newswire
by PR Newswire0
In a strategic move to expand its offerings and provide a comprehensive suite of financial services, Stockify, a leading platform for Unlisted and pre-IPO shares in India, has announced plans to venture into the Mutual Fund space. Latest Fintech Interview : Global Fintech Interview with Mitchell Morrison, CEO and Founder at Eyeballs......
GLASfunds, a Leading Alternative Investment Platform, Acquires Fund Formation Group
Investment Services News

GLASfunds, a Leading Alternative Investment Platform, Acquires Fund Formation Group

Business Wire
by Business Wire0
The alternative investment platform will now service Fund Formation Group clients, and founder Thomas Haynes will join GLASfunds as Director of Business Development. GLASfunds, a turnkey alternative investment platform and alternative asset management firm, announces it will acquire Fund Formation Group (“FFG”), a Texas-based firm launching and operating fund structures......
Opto Investments Expands Offerings to Include Custom Funds Capabilities, Pioneering Personalized Private Markets Solutions for Advisors
Investment Services News

Opto Investments Expands Offerings to Include Custom Funds Capabilities, Pioneering Personalized Private Markets Solutions for Advisors

Business Wire
by Business Wire0
Leading private markets platform introduces a collaborative model for custom multi-manager private market funds, elevating advisor offerings Opto Investments (“Opto”), the technology-driven solution that empowers forward-looking investment advisors to confidently access private markets, announced the launch of new custom funds capabilities, further enriching its offering to RIAs. This enhancement enables......
An Investment Fund Created by ChatGPT Is Still Outperforming the UK’s Top 10 Most Popular Funds After 5 Months
Investment Services News

An Investment Fund Created by ChatGPT Is Still Outperforming the UK’s Top 10 Most Popular Funds After 5 Months

Fintech News Desk
by Fintech News Desk0
ChatGPT has led the real funds for 116 out of the 121 market days (95.87%) A fund consisting of 38 stocks chosen by ChatGPT has consistently outperformed the UK’s top 10 most popular funds. This fictional fund was created as part of a conceptual experiment and, as of the 25th......
Madison Investments Expands Actively-Managed ETF Suite with First of Two Fixed-Income Funds
Investment Services News

Madison Investments Expands Actively-Managed ETF Suite with First of Two Fixed-Income Funds

GlobeNewswire
by GlobeNewswire0
MAGG Meets Growing Demand for Active, Fixed Income Solutions Madison Investments, an independently-owned investment firm managing $22.9 billion in assets, announces the launch of the Madison Aggregate Bond ETF, the latest addition to its suite of actively-managed, income-driven exchange-traded funds (ETFs). Latest Fintech Interview Global Fintech Interview with Will Tumulty,......
GigCapital5, Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination
Digital Payments News

GigCapital5, Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination

Business Wire
by Business Wire0
GigCapital5, a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase reorganization or similar business combination with one or more businesses or entities, announced that its Trust Account......
SS&C Signs Definitive Agreement to Acquire Iress' Managed Funds Administration Business
Investment Services News

SS&C Signs Definitive Agreement to Acquire Iress’ Managed Funds Administration Business

PR Newswire
by PR Newswire0
Acquisition strengthens SS&C Global Investor & Distribution Solutions offering in Australia SS&C Technologies Holdings, Inc. announced a definitive agreement to acquire the managed funds administration (MFA) business from Iress, a leading Australian financial services technology company. The MFA business is one of Australia’s largest third-party fund registries, with around AUD900 billion in managed assets across over......
Banks Provide Dallas Mother with $15K in First-Time Homebuyer Funds
Banking Digital Payments News

Banks Provide Dallas Mother with $15K in First-Time Homebuyer Funds

Business Wire
by Business Wire0
Federal Home Loan Bank of Dallas and Trustmark National Bank Award HELP Subsidy Iliana Flores is a newly minted homeowner, thanks in part to $15,000 in Homebuyer Equity Leverage Partnership (HELP) funds from the Federal Home Loan Bank of Dallas (FHLB Dallas) through Trustmark National Bank. Latest Fintech Interview Global......
UMB Launches Second Turnkey Registered Funds Solutions Platform as More Funds Choose Shared Services
Fintech News

UMB Launches Second Turnkey Registered Funds Solutions Platform as More Funds Choose Shared Services

Business Wire
by Business Wire0
Second registered funds platform will launch with Redwood Investment Management as first client UMB Fund Services, (UMBFS), a subsidiary of UMB Financial Corporation, announced the launch of its second turnkey Registered Fund Solutions (RFS) platform service for starting and operating unlisted closed-end funds. Redwood Real Estate Income Fund (ticker: CREMX)......
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