GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an Operational VASP Licence for VA Broker Dealer services from Dubai's Virtual Asset Regulatory Authority (VARA).
The wealthtech sector in Asia-Pacific could be worth more than $2trn by 2027 thanks to technological advancements, according to a report published by McKinsey.
Bloomberg today announced that Triodos Investment Management, a prominent impact asset manager based in the Netherlands, with €5.7 billion AUM, has chosen Bloomberg's AIM and PORT Enterprise solutions to support front-office workflow for its investment funds and discretionary clients business.
North American banks consider technology to be the biggest trend impacting their industry – and are focusing their investment strategy accordingly, finds an Economist Impact study, commissioned by Temenos, which surveyed bank executives in North America.
• Octopus Apollo VCT has announced an offer for up to £50 million (£35 million + £15 million overallotment).• The VCT has total net assets of £386 million and a portfolio of around 45 companies.• Apollo invests in small and medium sized B2B software businesses. These aren't traditional start-ups, with investees usually posting revenues of £2 million to £8 million a year.• Over the five years to September 2023, the VCT has delivered a NAV total return of 50.6%• The VCT targets a dividend of 5% of NAV
