Global wealthtech funding more than doubled in Q2 2020 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Investors likely increased funding to capitalize on wealthtechs' success amid the coronavirus pandemic

Business Insider Intelligence

Despite funding volumes more than doubling, deal activity barely moved, with only four more deals than last quarter at 32. In line with the overall sector, large funding rounds therefore concentrated on a small number of wealthtechs: Trading app Robinhood and AI-powered institutional asset manager Pagaya achieved megarounds, raising $280 million and $102 million, respectively.

Investors likely increased funding to capitalize on wealthtechs' success amid the coronavirus pandemic. Many wealthtechs have enjoyed user and revenue growth over recent months. The pandemic has accelerated the

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Sunrun strategy to provide clean power from customer batteries - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Equifax's cloud migration and digital transformation strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider Subscription - Sign up TodayAs a BI subscriber, we’ll take you inside the companies you care about, industry analysis on new trends, and important interviews and info you can’t afford to miss. Subscribe now for up to 50% off your annual subscription
Source: BusinessInsider - 🏆 729. / 51 Read more »

INTERVIEW: John Bolton on Trump impeachment, 2020 election, coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This... I do not know what happened between Bolton and Trump. But it must have been a serious matter that prompted Bolton to attack Trump His book was horrible
Source: BusinessInsider - 🏆 729. / 51 Read more »

2020 Chevy C8 Corvette recalled for front trunk that won't always open - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. these people shouldnt have licenses. People are locking themselves in the frunk?! Idiots lol wtf
Source: BusinessInsider - 🏆 729. / 51 Read more »