Digital Wealth: Acorns $2.2B SPAC Deal with Pioneer Merger is Terminated
After announcing the termination of the SPAC deal with Pioneer Merger Corp, savings-and-investing application Acorns now plans to raise funding through a traditional IPO.
Dear readers — thanks always for your time and attention! Your essential news in digital wealth is here. To manage which emails you receive see this post. For deeper coverage of wealthtech and digital investing, explore our subscription options below.
Top Stories
🇺🇸 Acorns Deal To Go Public Through $2.2B Deal With SPAC Pioneer Merger Is Terminated - Seeking Alpha, January 18, California
🇺🇸 Crypto Exchange Gemini Pushes Into Wealth Management With Acquisition Of BITRIA - CNBC, January 13, New York
🇺🇸 Facet Wealth Raises $100m In Series C - Wealth Management, January 19, Maryland. Note the $30 million in revenue!
North America News
🇺🇸 FINRA Eyes Enhancements To Digital Asset Sale Disclosures - U.S. News, January 19, New York
🇺🇸 Investors Pull US$352 Million From Cathie Wood's Ark Innovation ETF - Financial Post, January 14, Florida
🇺🇸 SoFi Soars On Securing Approvals To Become Bank - Investing, January 19, California
🇺🇸 Apex Fintech Solutions Data Shows Gen Z’s Growing Support For The Metaverse And Climate Forward Initiatives In Fourth Quarter 2021 - Yahoo Finance, January 14, Texas
🇺🇸 Dinerazo Makes Investing Accessible And Affordable For The Hispanic Community - PR Newswire, January 19, Florida
🇺🇸 CrossTower Launches G-Coin Digital Gold In The US - IBS Intelligence, January 17, New Jersey
EMEA News
🇬🇧 British Digital Banking App Revolut Launches U.S. Stock Trading - Investing, January 19, London
🇰🇪 COVID-19 Pushes Affluent Kenyans Towards Cryptocurrency – Stanchart Poll - Capital Business, January 17, Nairobi
🇲🇹 MeDirect Bank Launches New Mobile App With Trading Capabilities - Newsbook, January 17, Malta
🇬🇧 Appointments From Lloyds, FTI And Houghton Street Ventures Join Innovate Finance’s Board - Altfi, January 14, London
Asia Pacific News
🇮🇳 Kristal.AI Enables Instant LRS Remittances For Indian Investors - Live Mint, January 17, New Delhi
🇨🇳 Olympics e-CNY Rollout Shows Digital Is The Future Of Money - Asia Times, January 14, China
🇦🇺 Charles Stanley Appoints CIO - Funds Europe, January 18, Brisbane
🇸🇬 Syfe Trade Secures 30,000 Users Ahead Of Official Launch Today - The Edge Singapore, January 20, Singapore
🇦🇺 ASIC Chairman Warns Investors ‘Don’t Put All Your Money Into Crypto’ As Markets Gyrate - The West Australian, January 19, Sydney
Blogs, Webinars, Podcasts
🇺🇸 Robo-Advisors Are Growing In Popularity. Can They Really Replace A Human Financial Advisor? - CNBC, January 16, New Jersey
🇺🇸 Study Finds ‘Gamified’ Apps Push DIY Traders To Make Riskier Investments - Investment Executive, January 18, California
🇺🇸 A Glance At Digital Gold Adoption In 2022 - CNBC, January 13, New Jersey
🇺🇸 How WealthTech And Wealth Management Solutions Need To Be More Data Driven - IBS Intelligence, January 17, California
🇺🇸 E*Trade Review: Try Your Hand At Trading Or Automate Your Investing With This Popular Broker - CNBC, January 13, Virginia
🇰🇷 Banks Turn To Richest Clients For 2022 - The Korea Herald, January 17, Seoul
Virtual Events & Conferences
🌍 Fintech Unicorn Battle - Unicorn Events, February 24, Global
🇫🇷 Navigating Digital Payments In 2030: APIs, Partnerships And CX - Worldline, January 26, Virtual
🇨🇭 Online VC Fintech Pitching Session - InnMind, January 27, Virtual
🇨🇦 Metaverse Summit - GDA Capital, February 10-11, Toronto
🇺🇸 EvoShare: 2022 Fintech Capital Raise Webinar - EvoShare, January 27, Virtual
Reports, Surveys, & Awards
🇺🇸 Betterment Vs. Personal Capital - TechBullion, January 16, New York
🇬🇧 House Of Lords Report: Digital Pound Could Lead To Run On Banks - Professional Adviser, January 13, London
🌍 Latest Update 2022: Global Robo-Advisor Market With Pre & Post Covid-19 Impact Analysis By MRS - Industrial IT, January 14, Global
🌍 Wealthtech Market 2022 Emerging Trends, Status And Forecast 2027 – BetaSmartz, Wealth Technologies Inc., Autowealth, Forbes, Bambu, Etc - Industrial IT, January 17, Global
Partnerships, Deals, Movers
🇮🇳 INDmoney Raises $75m For Its Super Finance App In India - Techcrunch, January 17, Haryana
🇬🇧 WealthKernel Secures $7m Investment In Latest Funding Round - ETF Stream, January 17, London
🇺🇸 Citi To Sell Southeast Asian Consumer Assets To UOB - Finews Asia, January 14, New York
🇺🇸 DigitalBridge Surpasses Target To Close Second Flagship Fund At $8.3 Billion - Yahoo Finance, January 19, Florida
🇮🇳 Fintech Startup Scripbox Raises $21m In Series D Round Led By Accel Partners - YOURSTORY, January 18, Bengaluru
🇺🇸 OneDigital Acquires $406 Million Advisory Firm - InvestmentNews, January 13, Georgia
🇺🇸 BlockFills Closes $37 Million Series A Funding Round To Continue Global Expansion And Scale Existing Core Verticals - Businesswire, January 19, Chicago
🇮🇳 Kaleidofin Raises $10 Million In Series B Funding - Entrepreneur, January 12, Tamil Nadu
🇸🇬 WhaleFin Partners With Non-Profit Organization Whale And Dolphin Conservation - Yahoo Finance, January 14, Singapore
🇲🇲 YOMA To Acquire Controlling Interest In Wave Money Via US$53m Deal - Business Times, January 17, Myanmar
🇦🇪 ADGM-Based Digital Wealth Manager FinaMaze Launches "Future Sustainable Mobility" Smartfolio - ZAWYA, January 19, UAE
🇺🇸 Circleblack And Smartleaf Partner To Provide An Integrated Wealth Management Solution To Benefit Both Firms' Clients - Yahoo Finance, January 19, New Jersey
🇮🇳 ICICIdirect Partners Wealthdesk To Offer Readymade Portfolios To Users - Live Mint, January 20, Mumbai
More? More!
If you want to go deeper in Fintech & DeFi, upgrade to a premium Blueprint subscription below. Our value prop is simple: experienced judgment, accurate vision. If you knew the shape of the tomorrow, what would you do today?