WealthTech Weekly May 13, 2022

Welcome to the news highlights of the last few weeks. Let’s get in sync with the WealthTech world.

What happened this week: Solidus Labs welcomes $45M, Thoma Bravo eyes Temenos, the UK government drops a new law to secure access to cash, neo banks and challenger banks harbor perspectives, and ComplyAdvantage enables real-time tracking of russian sanctions while AI-powered funds are unfolding into reality. Wow.
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Solidus Labs nets a $45 million B-round led by Liberty City Ventures. Meanwhile, crypto and DeFi adoption crosses record $200B. 

Read the full article here.

In a digitized world, should there still be room for cash? New UK law will preserve the country’s cash withdrawal and deposit infrastructure, replacing EU-designed regulation with the UK-cut one.

Read the full article here.

Thoma Bravo’s possible takeover of Temenos, the Swiss banking software provider, gets louder. A month ago the company was reported to place a bid on Twitter, rivaling Musk’s offer.

Read the full article here.

With too many unicorns around, decacorns are taking over the headlines in Fintech. Learn more about the decacorn phenomenon and find out which ones are in the limelight now.

Read the full article here.

The London-based ComplyAdvantage releases a real-time tracker for sanctions against russia as the UK capital is trying hard to wash off the “-grad” of its“Londongrad” title. 

Read the full article here.

The growth of neo banks and challenger banks is ramping up. See where it can take digital banking.

Read the full article here. 

AI-powered funds are already shaping up and could become a reality before long. As the pioneers are testing the ground of autonomous investing, asset managers are anticipating the benefits. 

Read the full article here.

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