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WealthTech Weekly: September 2, 2022

Welcome to the news highlights of this week.

What’s going on: ATP tells everyone to calm down, AJ Bell presents an alternative funding transaction option, Raymond James adds new education series for financial advisors, and Groundfloor is set for its annual fundraising. Let’s zoom in.

Big names, new names

AJ Bell now allows clients to fund their accounts in no time using biometric authentication. For that, it brought together Lloyds Bank APIs and FundBy Bank payment solution.
Read more here.

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ATP, the largest pension fund in Denmark, has announced that its average returns can make up for the company’s 36.4% investment portfolio loss. Earlier, the company reported a four-months downgrade in total assets.

Read more here.

 

The U.S. Raymond James launches an advanced virtual education series for financial advisors—Tech Savvy. It’s the fifth in the company’s education program and totally worth checking out. 

Read more here.

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Groundfloor, a platform for accessible real estate investing with a unique SEC qualification, has kicked off its annual campaign to raise growth capital with Wefunder.

Read more here.

 

Asian StashAway taps Blackrock’s analytics and ETFs for its new multi-asset model portfolios.

Read more here.

 

Infront AS, the leading European market data and trading solutions provider, may acquire Assetmax AG by the end of the month.

Read more here.

Bigger picture 

Global Wealthtech deal activity is set to surge 65% YoY in 2022, while investment in the sector could drop by almost a third. 

Read more here.

Up for reading materials on Wealthtech that are not news? Check out more articles below.

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