As the world becomes increasingly digital, many look for ways to manage their assets online, which is why this article will explore how fintech is revolutionizing asset management. Continue reading to know more.

Robo-advisors

Robo-advisors are a digital investment platform that uses algorithms to manage investments automatically. They offer low fees, 24/7 availability, and require no human interaction, making them an excellent option for those aiming to manage their assets without much involvement.

As of now, they’re competing with traditional advisors. Their most significant advantage is their accessibility because of their low price point and online nature. It makes wealth management available to everyone, often an exclusive service only high-net-worth individuals can access.

Data Analytics

Nowadays, data is power. Most companies and individuals can make accurate predictions and sound decisions using big data. And fintech isn’t a stranger when it comes to reaping the benefits of big data and data analytics.

Fintech is leveraging data analytics to enhance asset management by analyzing market trends, investor behavior, and risk factors, making it easier to make informed investment decisions. This technology also makes it easier for asset managers to tailor their services to individual clients.

Blockchain

You may have already heard about cryptocurrency and blockchain. Most see this technology as a high-risk–high-reward when it comes to investments. However, blockchain has a lot to offer aside from cryptocurrency.

Blockchain technology is revolutionizing asset management by allowing for secure and transparent transactions. It enables investors to trade assets without intermediaries, significantly reducing transaction fees and settlement times.

Blockchain ‘protects’ a person’s assets by providing a secure and tamper-proof platform for recording transactions, eliminating the need for third-party institutions and organizations such as banks or brokers. And because fewer entities are involved in the transaction, the lesser the chance that an account or the transactions under it may be maliciously accessed and hijacked.

Artificial Intelligence

Many people globally are in awe of the power demonstrated by the recently publicized AIs. And for a few months, they have become popular, to the point that some even feared that these computer programs could replace human beings. After all, they are more than chatbots now. And AI’s powers have been proven capable of doing other things besides giving social companionship.

Artificial intelligence can be a game-changer regarding asset management as it can provide insights into investment opportunities, manage risks, and create personalized investment portfolios. It also helps to automate many administrative tasks, freeing time for asset managers to focus on more critical tasks.

Mobile Apps

Most of the tech in fintech won’t be entirely feasible without mobile apps and smartphones. After all, these apps are the gateway for users to access banking and investing services nowadays. Some major banks and companies are battling to have the best mobile app for digital wallets.

Also, mobile apps provide investors an easy way to monitor their investments and manage their portfolios. They offer real-time market updates, trading, and portfolio management features that make it easier for investors to stay on top of their investments.

Crowdfunding

Crowdsourcing has been revolutionized by the internet, resulting in the creation of crowdfunding. While there are other ways to fund people through the internet, crowdfunding using crowdfunding platforms has been one of the most successful forms.

Crowdfunding platforms enable investors to access alternative investments that were once only available to high-net-worth individuals. They democratize asset management, allowing everyone to invest in venture capital, private equity, and real estate.

Social Media

Surely, you’re already familiar with how powerful social media is. It can connect businesses to consumers, partners, and even potential investors. People can use social media to market and manage brand reputation. And its potential is endless.

Social media platforms provide investors access to real-time news and market updates, making staying informed about investment opportunities easier. It also enables asset managers to connect with clients and potential investors, creating more significant opportunities for growth.

Digital Identity Verification

Nowadays, it can be too difficult for people to fake identities. And this is because of digital identity verification.

Digital identity verification is making asset management more secure and efficient by verifying the identity of investors quickly and easily. This technology ensures that investors are who they claim to be, reducing the risk of fraud and increasing investor confidence.

Multi-factor Authentication, Biometrics, And Security Algorithms

Multi-factor authentication and biometrics help to prevent unauthorized access to investment accounts and ensure that only authorized individuals can access sensitive information. When combined with digital identity verification, it becomes more difficult for malicious individuals to access another person’s assets—making it much more secure to transact with financial entities nowadays.

Aside from those measures, many fintech companies are now employing algorithms to safeguard the assets and accounts of people further. These algorithms keep track of a client’s behavior and predict when a different person is using the client’s account. Basically, this defends someone against fraudulent transactions and other malicious activities of bad actors.

Socially Responsible Investing

Fintech has revolutionized how socially responsible investing (SRI) is practiced and incorporated into asset management. Fintech companies have developed new tools and platforms that enable investors to evaluate companies based on their ESG (Environmental, Social, and Governance) performance, allowing them to make more informed investment decisions that align with their values.

In simple terms, fintech has made it easier for people to invest in companies that care for the environment and monitor how their assets and investments impact the world. This also allowed the prominence of exchange-traded funds (ETFs) and mutual funds, focusing specifically on socially responsible investing.

Conclusion

Fintech is revolutionizing asset management by making it more accessible, efficient, and cost-effective. With technologies such as robo-advisors, data analytics, blockchain, artificial intelligence, mobile apps, crowdfunding, social media, and more, asset management is becoming more democratized, transparent, and secure.

If you want to experience all the benefits of these innovative technologies and revolutionize your asset management strategies, consider exploring fintech platforms that cater to your investment goals and preferences.

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GoHenry is a digital investment platform that targets younger investors, aiming to get them started on securing their financial future early in life.

Read more: Crowdfund Insider

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You might also hear that automotive private equity has become popular lately. We will talk about it right now. It can make you money if you can leverage it along with someone who knows the landscape and various fluctuating market factors.

What is Private Equity?

Let’s start with a brief private equity definition. Private equity means you, along with some partners, buy and manage a company. You form an investment partnership. Eventually, you sell the company.

Usually, you and your investment partners see a company with growth potential. It might not necessarily have the capital for expansion behind it, though. You feel you can buy it, pump up its value, and then sell it, making money for everyone involved in the project.

You then move on and do the same thing again. Private equity firms do this. They often start when you have several like-minded individuals with money, knowledge, and ambition.

What About Automotive Private Equity?

If you have a private equity firm scouring the market and looking at various businesses, they might check out several different fields. They might know about the medical field and buy up some medical companies, for instance. Maybe they know about tech, so they buy and pump up a tech company before selling it for a profit.

Automotive private equity means buying up car dealerships or vehicle-related companies. If you get into this industry, you must know it well. Someone in your firm must understand when they’ve found an undervalued business and can convince the owner they can make money by selling it.

If you pump up the company and profit from it, you can leave everyone happy. The original owner might feel good about the sale, and your group can as well if they see a large profit when they sell off the asset.

How Does Automotive Private Equity Work?

If you involve yourself with a private equity firm with an automotive focus, you probably can’t buy the Ford or Hyundai companies. They’re huge, and they’re not for sale. Private equity firms usually have ready cash for investing, but not that much.

Instead, you’ll likely investigate and buy automotive dealerships. You must find ones where you feel you can increase the value before selling it off somewhere down the line.

You want not just one dealership but a portfolio. You need someone who knows the automotive industry and a particular market. For instance, maybe you’ll target a city like Detroit or Chicago. You’ll buy several dealerships and have a whole portfolio. You’ll acquire new assets and sell them when you reach the right moment.  

It’s Not Easy

Private equity presents some unique challenges. When you invest your money this way, you should see a huge potential profit margin. That’s the good news. You can make your money back five or tenfold.

There are also huge risks involved, and that’s the bad news. Much like getting into crypto or the stock market, when you buy an asset, an automotive dealership, in this instance, the economy can tank and leave you holding the bag.

Something like the automotive market always has massive volatility. That’s why you must have a strong stomach for this game. You might make money, but you can also definitely lose some.

Look at a Private Equity Firm’s Track Record

Private equity firms always want new members with money. That money and your risk acceptance make you a prime candidate. If you’ve got cash and don’t mind putting it on the line in a high-risk, high-reward venture, then private equity firms will love meeting you.

If you are unsure about going into business with them, look at their track record. They need well-placed, highly-knowledgeable experts in the field they’re targeting, the automotive world, in this case.  

If you see this firm has a solid track record, making a profit each year they’ve existed, meet with them. 

You’ll feel each other out. They can show you their current portfolio, and they’ll discuss some potential future acquisitions they’re looking at right now. You should also meet the team that has the direct industry knowledge that informs their decisions.

If you like what they’re saying, and you’ve got the money, you might make huge profits this way.  

The post Automotive Private Equity: Understanding this Concept for Investing appeared first on FinTech Ranking.

The business model of several neobanks originally relied on basic banking products such as current and savings accounts, lending and money transfers. However, neobanks have expanded their ranges to include higher-margin offerings- for instance, Starling’s Personal Finance Marketplace gives customers access to insurance, mortgages and investments. 

Read more: Bricknode

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Upon obtaining full approval to conduct the additional activities, Sygnum will be able to leverage its existing tokenization and corporate finance capabilities to provide innovative asset managers and Web3 players in Singapore a fully-regulated capital raising solution covering the entire value chain, including:

• Providing corporate finance advisory services to companies seeking to raise capital – including the technical expertise to tokenize capital markets products and digital assets, as well as digital asset-focused legal and capital structuring advice
• Dealing in capital market products to provide access to a wider base of accreditedand institutional investors in Singapore seeking fully-regulated investment opportunities into tokenized capital market products and digital assets
• Providing custodial services for asset and security tokens.

Read more: Sygnum

The post Sygnum Singapore secures in-principle approval to expand regulated activities appeared first on FinTech Ranking.

Bunq, which was founded in 2012 by Ali Niknam, raised €193m in a deal with British private equity firm Pollen Street Capital in 2021. 

The Dutch fintech, which last year also became a unicorn following a valuation of €1.6bn from the deal, will now give its customers the option of investing via three diversified portfolios screened for environmentally friendly criteria. 

Read more: AltFi

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ikigai is raising capital at a pre-money valuation of £10.95 million. The Fintech has previously raised pre-seed funding of £2 million.

ikigai is on a mission to be the 1st UK Fintech to combine banking & wealth management in one app, targeting the young affluent in need of money management services.

Read more: Crowdfund Insider

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Targeting future and present high-net-worth individuals, Ikigai is iOS-only for now and consists of a current account and savings account, with adjacent wealth management features, all combined in a single app and card. The thesis, says the founding team, is that currently there is very little on the market that provides a modern digital-first banking experience and the kind of premium banking services typically offered by legacy banks to their more affluent customers.

Read more: TechCrunch

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Calling the card a world first, the Vienna, Austria-based firm said Wednesday the Bitpanda Card can be linked to any asset in a user’s portfolio on the platform, which can be selected via the company’s app.

Read more: Coindesk

The post Bitpanda Launches Debit Card That Lets Users Spend Fiat, Crypto and Precious Metals appeared first on FinTech Ranking.

Why Nutmeg iOS widgets?  

·       Clients have control over how they organise their home screen, helping them to keep a close eye on returns 

·       There are two types of widgets available: Choose the investment performance widget to see your time-weighted return. Choose the blog widget to read the latest blogs from the experts at Nutmeg 

·       At a time when financial wellbeing is centre stage and people want a clear picture of their full financial circumstances, Nutmeg widgets are the fastest way to stay on top of your finances. 

Tom Barcys, product manager, Nutmeg, said: “The widgets will fit into what people are already doing on the Nutmeg app, without them having to go look for it. It makes a lot of sense, especially for tracking investments and managing finances. Whereas before they might have been checking their pots now and then, as it wasn’t convenient, now they have the power to choose what is in front of them and to be in control of their financial future. With widgets, people have the choice to organise their phones in a new way that suits their needs. Now they can enjoy the same exact Nutmeg app but from the comfort of their home screen. There are many ways in which Nutmeg is empowering nations of investors, but having a clear view of their investments at a glance is high among them.”  

The Nutmeg app that contains the widgets is available on the Apple App Store. You can find out how to set up the Nutmeg iOS widgets here.  

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