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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 July 15, 2019

WealthTech Weekly July 15, 2019

Xtiva launches Xtiva Connect integration service. Voya Financial Advisors launches a new digital advice platform. Chalice Financial Network has launched Succession Link 2.0. Cetera Financial Group launched a retirement income-focused tool. DriveWealth with IPJukebox…

WealthTech Weekly July 8, 2019

WealthTech Weekly July 8, 2019

Xignite, Inc. joined the Snowflake Data Exchange data marketplace. DriveWealth is launching a new digital U.S. equities trading product for retail investors in Nigeria. Personal Capital surpassed $10 billion in AUM. Analytics: Advisors who…

WealthTech Weekly July 1, 2019

WealthTech Weekly July 1, 2019

Broadridge partners with Preqin. Shareholders Service Group (SSG) partners with Blueleaf. People’s United Bank has chosen Xtiva as its Incentive Compensation Management solution. Apex Clearing Corporation partners Apex Crypto. RightCapital integrates with the CircleBlack's…

WealthTech Weekly June 24, 2019

WealthTech Weekly June 24, 2019

CAIS is partnering with Private Client Resources (PCR). Addepar entered into a reseller partnership with Mirador, LLC. Insurance Technologies partners with Fiduciary Exchange (FIDx) to deliver annuity illustration and e-application sales capabilities within…

WealthTech Weekly June 17, 2019

WealthTech Weekly June 17, 2019

First Rate announced the launch of IPAAS, Investment Performance as a Service. Health savings account customers of Optum Bank can now use Betterment. Addepar launches its mobile app for iPhone. Orion Advisor Services announced progress in integrations with three…

WealthTech Weekly June 10, 2019

WealthTech Weekly June 10, 2019

FinMason partnered with Silver Wealth Technologies. Panoramix integrates with Wealthbox. Docupace and WalkMe announced a strategic partnership. Broadridge launches a new blockchain-based shareholder disclosure platform in Europe. Advisor Group completed its 4th annual Wealth…

WealthTech Weekly June 3, 2019

WealthTech Weekly June 3, 2019

Aegon Growth Capital Fund purchased 25 percent of the shares in RISK Verzekeringen. Social Finance (SoFi) is in the final stages of securing $500 million from the Qatar Investment Authorit.…

WealthTech Weekly May 27, 2019

WealthTech Weekly May 27, 2019

Asset-Map integrates with Orion. Broadridge acquires Canadian RPM Technologies. Capitect integrates with RightCapital. Wealthsimple raised $75 million. Vestmark's Adhesion Wealth connects advisors and asset managers. Waddell & Reed launched WaddellONE technology to its advisors.