InvestCloud acquires Nutmeg provider Babel
$20m (£16.44m) deal
California-based Fintech firm InvestCloud has acquired Babel Systems, a provider to the robo-adviser Nutmeg, in a $20m (£16.44m) deal.
InvestCloud, known for its Programs Writing Programs technology, provides wealth managers with client portals, mobility and adviser portals. The firm also enables allocators and managers of multi-asset...
More on Companies
Failed Hull-based IFA firm receives 150 FSCS complaints
Unauthorised introducers
Harwood drops Frenkel Topping takeover bid
Approached in January
FCA orders Tilney and S&W to rethink terms of £45bn merger
'Number of issues' found
Lumin Wealth hopes to acquire 'at least two' firms in 2020
Following recent acquisitions
More news
Absence of advisers on FCA register impacting adviser comparison sites
Criticism of FCA register post SMCR
Jack Rose: EIS's role in answering tomorrow's challenges
For the first time in a quite a while we have a certain degree of political certainty, writes Jack Rose. And, with that clarity, perhaps a clearer picture of the road ahead…
Lindsell Train 'took advantage' of coronavirus sell-off panic
Added to Asia and luxury spending holdings in UK and global equity funds
FSCS campaign instigator IFA David Penney talks levy reform
It's The Pro Adviser Podcast
Neil MacGillivray: The tax quirks of jointly held investments between spouses
While tax planning is relatively easy where investments are held in an individual’s own name, on Valentine's Day Neil MacGillivray says great care is needed when it comes to jointly held investments between spouses...
