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Interactive Brokers is going to be integrating its clearing, custody, and execution services with Martsone’s digital wealth platform. Mobile banking startup N26 raised $300 million in a Series D funding round. United Capital Financial Advisers introduced a new mobile app to enable their clients to monitor their financial plans and communicate directly with their advisors. Plaid is acquiring its competitor Quovo for $200 million.

Interactive brokers

Electronic trading giant Interactive Brokers announced on Wednesday that it is working with Marstone, a digital wealth platform provider, to launch a new turnkey wealth management solution. Interactive Brokers is going to be integrating its clearing, custody, and execution services with Martsone’s digital wealth platform.

Find details here.

Mobile banking startup N26

Mobile banking startup N26 announced it surpassed 2.3 million customers and raised $300 million in a Series D funding round. Although it may not be a household name in the U.S., that could soon change as the bank announced plans to launch its mobile banking product here in the first half of 2019. It already has a New York-based subsidiary in place, in preparation for its launch.

Find details here.

United Capital

United Capital Financial Advisers has introduced a new mobile app that allows clients to monitor their financial plans and receive updates and communicate directly with their advisors. The app includes all the capabilities of the advisory firm’s web-based client portal, GuideCenter, that was launched nearly two years ago, with the goal of improving transparency and giving clients more decision-making power.

Find details here.

Quovo

Plaid, which links one-quarter of U.S. bank accounts to popular fintech apps, is buying a similar data company called Quovo.

The deal is worth about $200 million, a source familiar with the negotiations tells CNBC, and primes Plaid to expand into the brokerage and wealth management arena.

Find details here.

WealthTech Weekly April 15, 2019

WealthTech Weekly April 15, 2019

Broadridge launches Broadridge Securities Lending Board Insights. PIEtech launches MoneyGuideElite. Betterment partners with Goldman Sachs and BlackRock. YCharts partners WealthManagement.com. Finicity partners with Pulte Mortgage. iCapital Network was recognized in…

WealthTech Weekly April 8, 2019

WealthTech Weekly April 8, 2019

Additional Tamarac services to the users of PortfolioCenter after Envestnet | Tamarac® acquires it. LifeYield's asset location technology will be available to Mercer Advisors' 40 regional offices and centralized investment team. Vestwell Holdings raised…

WealthTech Weekly April 1, 2019

WealthTech Weekly April 1, 2019

SoFi collaborates with Delos to give homeowners access to Delos' home wellness solutions. Robinhood acquired MarketSnacks, a financial news podcast and newsletter. SigFig launched SigFig Atlas, a platform for banks and…

WealthTech Weekly March 25, 2019

WealthTech Weekly March 25, 2019

Interactive Brokers releases a new product. Morgan Stanley partners with iCapital. Wealthsimple partners with H&R Block. Empower Retirement will deliver advisory services to workers. Envestnet acquires PIEtech. Broadridge Financial Solutions…

WealthTech Weekly March 18, 2019

WealthTech Weekly March 18, 2019

Itiviti launches unified offering following merger with Ullink. Stash launches a rewards program to bridge banking and investing. Entreda launches Unify 360 Concierge Service for cybersecurity. Wealthsimple launched a commission-free stock-trading mobile app. Oranj…

WealthTech Weekly March 11, 2019

WealthTech Weekly March 11, 2019

Chalice Financial Network forms a strategic partnership with Orion Advisor Services. TS collaborates with BIDS Trading and releases the QUO platform for managing investments. Axos Securities acquired WiseBanyan Holding and its subsidiaries. AssetMark…

WealthTech Weekly March 4, 2019

WealthTech Weekly March 4, 2019

AdvisorBid launches public profiles for all registered investment advisors. Envestnet Insurance Exchange is entering its pilot phase with financial advisors. AssetMark integrates Redtail data with its platform to simplify the client onboarding…

WealthTech Weekly February 25, 2019

WealthTech Weekly February 25, 2019

Portfolio Pathway partners with Shareholders Service Group. Vestwell partnered with OnPay. United Capital’s FinLife Partners has now 85 firms nationwide. Broadridge Financial Solutions released a study about communications with advisors.…