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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 February 11, 2019

WealthTech Weekly February 11, 2019

Personal Capital raised $50 million in a Series F funding. Fidelity plans March launch of its Bitcoin custody service. 55ip's investment strategy engine is now available on the CircleBlack platform.  iCapital Network is…

WealthTech Weekly February 4, 2019

WealthTech Weekly February 4, 2019

Acorns raised $105 million in Series E funding. AdvicePay raised $2 million in seed extension funding. AdvisorEngine integrates with BNY Mellon's Pershing. Axos Financial acquires COR Clearing LLC. DriveWealth will expand its partnership…

WealthTech Weekly January 28, 2019

WealthTech Weekly January 28, 2019

Artivest expands alternative investment platform. Thomson Reuters Elite launches 3E in the Cloud. SelfWealth launches a new ETF targeting self-managed super funds. Wealthsimple partners with TurboTax. Entreda partners with Docupace. Advyzon integrates with Riskalyze. Nutmeg raised $58.2 million…

WealthTech Weekly January 21, 2019

WealthTech Weekly January 21, 2019

Bridge raised a Series A funding of undisclosed amount. 55ip partners with FinFolio. MoneyGuide announced the expansion of its financial planning platform to meet the individual needs of all advisors. Fiserv acquires First…

WealthTech Weekly December 31, 2018

WealthTech Weekly December 31, 2018

iCapital Network has partnered with Rockefeller Capital Management. Wealthfront Advisers agreed to settle SEC’s claims for a $250,000 fine. Bank Of America improves the cash handling processes with a new blockchain patent. Advizr…

WealthTech Weekly December 24, 2018

WealthTech Weekly December 24, 2018

A majority stake in WealthBar Financial Services to be acquired by CI Financial. DriveWealth partners with Avenue Securities. Lincoln Financial Group partners with eMoney Advisor and Redtail Technology. LifeYield provides its Social Security Advantage solution…

WealthTech Weekly December 17, 2018

WealthTech Weekly December 17, 2018

BlackRock’s iRetire integrates with eMoney Advisor. BlackRock partners with Microsoft. Tradier Inc. partners with Jellifin. LPL’s CEO Dan Arnold lays out Integration Roadmap. RIA in a Box launches the Audit…

WealthTech Weekly December 10, 2018

WealthTech Weekly December 10, 2018

LPL Financial acquires AdvisoryWorld. Facet Wealth partners with Vestmark. Bank of New York Mellon partners with Vestwell. SmartAsset launched SmartAdvisorMatch.com. Western will launch their integrated tools powered by eMoney’s technology. Folio Financial announced the launch…