21 February 2020
Written By FinTech Alliance in Investment
This is an all stock deal worth around $13bn.
E*Trade is a direct-to-consumer, digitally-driven offering.
The deal adds about 5.2mn client accounts to Morgan Stanley’s wealth management unit.
This marks the largest acquisition by a Wall Street bank since before the 2008 crash. E*Trade CEO Mike Pizzi will retain his role and run the unit as part of Morgan Stanley.
The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....
The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.
AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...
The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem
Funding round could push Moove’s market value to $750mn In brief:- ...
Simetrik is a financial automation platform based in Colombia. In brief:- ...
Pontera, formerly known as FeeX, has successfully secured $60 million ...
Fund II represents a 15% increase in funds and a ...
How investment vehicles are revolutionising private markets and bridging the gap in democratisation...
William Edwards Deming once famously said, “It is not necessary to change. Survival isn’t mandatory....
FT Partners’ FinTech Insights Reports are published on a quarterly basis, along with a comprehensive...
In the first half of 2022 total capital invested in FinTech globally reached $59bn – flat year-on-ye...
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