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Fintech Bytes: Robo-adviser launches university, Orion boosts marketing
Here are the rest of this week's financial technology headlines, besides the ones about Elon Musk buying Twitter.
MoneyLion makes trading debut after SPAC merger
MoneyLion, fintech founded in 2013, joins the ranks of other recently public fintechs like SoFi, Robinhood and Square’s Cash App.
Wealthtech funding hits record $5.6 billion in Q1
In the first quarter, a total of 86 deals took place, and the wealthtech sector already has outpaced 2020’s year-end total funding of $5.2 billion.
Orion acquires risk management fintech
The platform it's buying, HiddenLevers, allows advisers to perform portfolio- or security-level stress tests to measure sensitivity to macro-level risks.
MoneyLion acquires financial planning fintech
MoneyLion is buying out the financial planning software startup just a few weeks after its SPAC deal and values the firm at $2.9 billion
SPAC frenzy takes on wealthtech
SPAC deals are dominating the market as a convenient shortcut that allows fintechs to go public without the hassles involved in pursuing an initial public offering.
MoneyLion to go public via blank-check merger in $2.9 billion deal
MoneyLion manages about $20.65 million in assets and offers mobile banking, automated investing and personal financial management tools
