PwC is out with new research saying alternative asset volumes will double by 2025; alternatives will make up about 15 percent of global assets under management by 2025 because investors are looking for diversification and reduced volatility; Rob Mellor, PwC asset management partner, tells AltFi, “We have seen the rise of the multi-strategy alternative manager and an increasing trend for traditional active managers looking to add alternative strategies to their product range.” Source.
Two new surveys by Promontory Interfinancial Network and Dun & Bradstreet with Pepperdine’s Graziadio Business School point to a growing sense of...
Revolut is keeping an eye out for potential acquisitions with the help of their recent $500 million round; with many...
Albert is a personal financial management app that allows users to text in questions that are answered by human advisors;...
Google, Amazon, Facebook and Apple (GAFA) have significant market share and a massive influence; given the needs and demands of consumers it seems likely their services will more broadly integrate fintech offerings in the near future; all four companies have taken some steps to offer financial services and industry analysts are watching them closely for new announcements. Source
Banks have clearly jumped in on the p2p payments wave as many have embraced Zelle, which launched with a consortium...
The credit facility is being provided from a fund managed by Neuberger Berman; Zero first started last July and intends...
Lighter Capital provides funding for growing businesses with a revenue-based financing model; their borrowers repay the loans out of future...
Digital banking fintech Plaid has expanded to their first international market in Canada; they have been running in beta for...
Chatbot providers Kasisto, Clinc and Finn AI have started to add coronavirus to their set of skills for banks to...