Brainalyzed Finance GmbH, a fintech start-up providing AI-based solutions for banks and asset managers to make efficient, data-based decisions, has recently included the Baloise Asset Management as a minority stakeholder. Dr. Gunter Fischer, Head of Brainalyzed, said that AI-powered predictive solutions can transform the financial services industry.

The new funding values Monzo, the british digital bank, at over £2 billion.

Digital wealth manager Moneyfarm is wooing young German investors.

The branch was created on 5 June 2019.

The instant messaging service for the financial sector raised $165m. BNP Paribas, JPMorgan and Goldman Sachs reinvested.

The Swiss group has tied a partnership with AM-One to provide multi-custody platform that will be launched in September 2019.

France now ranks second, behind the US, in terms of attractiveness.

Driven by four fundamental market shifts, the industry is moving to a shared marketplace that demands improved collaboration and specialization