Platforms
Fintech giants merge to create global wealth platform
Business will have $4trn in assets
Wealth platform raises funds to finance international growth
US and Swiss investors spent $4m to boost the firm’s tech offering
Fintech group under investigation in Singapore
Regulator and police force jointly looking into possible regulatory breaches
Robo-adviser exits UK retail market
But will retain its partnership with British banking giant
Praemium International and Allfunds ink distribution agreement
Users will benefit from multi-currency offerings and access to offshore funds