Amundi acquires wealthtech Aixigo for €149m

Amundi one of the largest asset managers in Europe with €2 trillion in AUM, has acquired Aixigo, a digital financial consulting software provider based in Aachen, Germany, for €149 million. The transaction will see Aixigo’s API-based wealth management platform and 150 team members join the Paris-headquartered asset manager’s Amundi Technology business. Aixigo’s platform, Aixigo:BLOXX, currently…

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Arc Intelligence announces AI platform to automate complex financial tasks

Arc Intelligence, a capital markets and cash management platform has launched an AI platform to automate complex financial tasks for the private credit industry. Arc Intelligence is first launching the AI Private Credit Analyst to help investors generate detailed credit memos using unstructured financial data. Don Muir, chief executive and founder of Arc said: “Artificial…

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Here are Europe’s most funded fintech companies of 2024

European is at the forefront of fintech innovation, transforming the financial landscape across the continent. With a rich ecosystem of startups and established players, these companies leverage technology to enhance financial services, making them more accessible, efficient, and user-friendly. From digital banking and payment solutions to investment platforms and blockchain applications, European fintechs are addressing…

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