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Tag: Wealthfront

How AI and Machine Learning Are Shaping Fintech

Fintech has evolved radically in the last few years, thanks in no small part to artificial intelligence (AI) and machine learning (ML). Influencing everything...

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Best Business Models for Startups: 2024 Prediction

The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape.  As per EMR's data, the global fintech...

What is FinTech: Beginner’s Guide

The financial landscape is no exception in a world when innovation and technology are transforming every part of our lives. FinTech is a combination of finance...

9 Fintech Firms from Southeast Asia Make CNBC’s 2023 Top 200 Fintech Leaderboard – Fintech Singapore

Nine fintech companies headquartered in Southeast Asia were named among the world’s top 200 fintech businesses, recognized by business media outlet CNBC and independent...

Future of banking: 5 trends reshaping a sector in turmoil

By Manuela Stefania Fulga and Lutfey Siddiqi The banking sector has been severely disrupted in recent years by events such as COVID-19, the war in...

What the Endowus-Allfunds partnership means for banks

The head of wealth management at a mid-sized bank in a place like Hong Kong – say a managing director – might be fairly...

7 potential use cases of chatbots in banking

Chatbots are computer programs that use artificial intelligence (AI) to simulate conversations with users, providing quick and efficient assistance. In the banking industry, chatbots have...

Being purpose-led: Considerations for Financial Services firms – What does it mean? (Sridhar Ramamurthi)

Being purpose-led and ecosystem-driven is fundamentally transforming the way institutions in the financial sector function. But it is easier said and declared than done....

Green Dot and Wealthfront Extend Relationship

Wealth management provider Wealthfront is extending its relationship with digital bank and banking-as-a-service provider Green Dot this week. Wealthfront originally tapped Green Dot...

UBS Ditches Wealthfront After Agreeing to a $1.4 Billion Acquisition

UBS and Wealthfront have mutually terminated a $1.4 billion acquisition announced earlier this year.Despite the call-off, UBS has given Wealthfront $69.7 million in financing...

Banking disruptions foster open network opportunities

With digital demand and tech awareness rising sharply, banks should keep new disruptions in mind as they strike a balance between legacy processes and new automations. Automated lending and cloud-native capabilities are chief drivers of transformation in U.S. retail banking, but some areas continue to lag. As fintechs and challenger institutions disrupt business functions, including […]

Charitable Giving App Daffy Secures $17.1 Million in Funding

Charitable giving app Daffy has received $17.1 million in funding. Daffy was co-founded by CEO Adam Nash, former president and CEO of Wealthfront. In the U.S., individuals gave more than $324 billion to charitable organizations in 2020. Aside, the company behind charitable giving app Daffy, has secured $17.1 million in Series A funding. The round Read more...

The post Charitable Giving App Daffy Secures $17.1 Million in Funding appeared first on Finovate.

Wealthfront Agrees to Acquisition by UBS

In one of the first big fintech acquisitions of the year, Wealthfront has agreed to be acquired by global investment bank and financial services company UBS. Valued at $1.4 billion, the all-cash deal represents a premium of at least 2x on Wealthfront’s most recent private market valuations, and underscores UBS’s determination to attract younger, high Read more...

The post Wealthfront Agrees to Acquisition by UBS appeared first on Finovate.

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