wealthtech - NewNerve

iCapital Marketplace Launches in Singapore and Hong Kong: News Update

19Apr

By Ankit1 Comment

Global BFSI, Business, Startups, Wealthtech

iCapital Marketplace Launches in Singapore and Hong Kong: News Update

iCapital, a global fintech firm, has recently introduced its groundbreaking iCapital Marketplace in Singapore and Hong Kong. This innovative platform aims to streamline access to a diverse range of alternative investments for wealth managers and advisors. By leveraging proprietary technology, iCapital Marketplace addresses common industry challenges and transforms the investment process by providing simplified subscription processes, educational resources, and a comprehensive suite of investment opportunities. Enhancing Wealth Management through Technology The iCapital Marketplace platform offers an array of features and benefits that revolutionize the wealth management landscape. Simplifying the Investment Process: With its user-friendly interface, iCapital Marketplace simplifies t...

UBS to Cut 70 Staff in Asian Wealth Management Division: Restructuring Update

UBS, a prominent wealth management entity, has announced plans to downsize its staff in the wealth management division across Asia. The restructuring initiative will primarily affect operations in Hong Kong and Singapore and is expected to result in a reduction of approximately 70 positions. The decision comes amidst a challenging financial climate that has impacted the profitability of UBS's Asian wealth management sector. While specific details remain undisclosed, this move reflects the ongoing adjustments within the financial industry as firms navigate fluctuating market conditions. Read More on : Fintech News Also Read: PPRO Raises €85m in Funding to Drive Global Payment Expansion and Market Domination Future of Payments in India : 5 Key Predictions

How to Navigate the Regulatory Landscape for Fintech in India: A Comprehensive Guide, 2024

Expanding Horizons: India’s Fintech Ecosystem India’s fintech sector is a beacon of innovation, with a diverse range of offerings that cater to a rapidly growing consumer base. The ecosystem is rich with opportunities, particularly in the realms of Digital Lending, Insurance technology (Insurtech), Regulatory technology (Regtech), Wealth management technology (Wealthtech), and Virtual Digital Assets (VDAs). Digital Lending - The Financial Catalyst: Digital lending platforms in India have revolutionized access to credit for both individuals and businesses. Companies like QuickPaisa provide a seamless online platform for various lending products, ensuring transparency and convenience1. The sector is expected to grow significantly, with fintechs playing a crucial role in enhanc...