Skip to content

Moneyfarm buys Profile Pensions

UK digital wealth manager Moneyfarm is buying pension adviser and consolidator Profile Pensions. Financial terms of the deal were not disclosed.

M1 Finance raises $150m

M1 Finance has hit a $1.45 billion valuation after raising $150 million in a Series E funding round for its “super app” offering automated investing, borrowing and banking products.

Fnality rolls out ‘earmarking’ for programmable payments

Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has released a new feature that allows banks to programme funds for release upon receipt of proof of an event elsewhere.

SEC denies Coinbase petition for crypto rules

The Securities and Exchange Commission has denied a petition from crypto exchange Coinbase asking the regulator to put in place new rules specifically for the digital asset sector.