WealthTech Weekly May 3, 2021

CogniCor announced the launch of three new digital assistant modules. Andes Wealth Technologies announced the release of an integrated, comprehensive, and powerful client onboarding and communication platform. Covr Financial Technologies secured a $2.3 million investment from Sony’s venture capital fund. Wealthfront will offer direct crypto investing later this year. Schwab’s stock has been a hit. Wall Street sees it climbing even higher. Farmers Bank & Trust of Magnolia will purchase the stock of Community First Trust Co. of Hot Springs. Nutmeg reaches $4.2 billion AUM. Step raises $100M Series C, announces Steph Curry’s investment. SoFi partners with Coursera to launch “The Fundamentals of Personal Finance” Specialization.

CogniCor, the provider of artificial intelligence-powered digital assistants for the wealth management industry, announced the launch of three new digital assistant modules to help wealth management firms support their employees and advisors with scalable solutions to their most labor-intensive and time-consuming operational issues and raise the efficiency and productivity of firms’ internal support functions.

Find details here.

Andes Wealth Technologies, an innovative wealth technology company, announced the release of an integrated, comprehensive, and powerful client onboarding and communication platform to help advisors enhance client relationships and better manage their practices.

Find details here.

Hartford-based digital life insurance software maker Covr Financial Technologies said it has secured a $2.3 million investment from Sony’s venture capital fund, helping it wrap up an investment round totaling $12 million.

Find details here.

Fintech app Wealthfront will offer direct crypto investing later this year.

Find details here.

Schwab’s stock has been a hit. Wall Street sees it climbing even higher.

Find details here.

Farmers Bank & Trust of Magnolia said that it will purchase the stock of Community First Trust Co. of Hot Springs, which will continue to operate as an independent trust company.

Find details here.

Nutmeg reaches $4.2 billion AUM.

Find details here.

Teen banking service Step raises $100M Series C, announces Steph Curry’s investment.

Find details here.

SoFi partners with Coursera to launch “The Fundamentals of Personal Finance” Specialization.

Find details here.

About INSART

INSART is a Fintech engineering partner with outstanding knowledge and experience in developing Fintech solutions, assembling dedicated teams for Fintech projects, and managing them in a long-term perspective. We teach our developers financial concepts and foster a culture of financial literacy and well-being across the company. Our expertise saves you at least 25% time comparing to teams inexperienced in the business domain area. Contact Vasyl Soloshchuk to learn details. Visit site. INSART is a leading partner of WealthTech Club.