Bridge raised a Series A funding of undisclosed amount. 55ip partners with FinFolio. MoneyGuide announced the expansion of its financial planning platform to meet the individual needs of all advisors. Fiserv acquires First Data for $22 billion.
Bridge, a Chicago, IL-based portfolio management software platform provider for RIAs, fiduciary financial advisors, and WealthTech companies, raised a Series A funding of undisclosed amount.
The round was led by Fintop Capital and MissionOG, with participation from existing investor UMB Bank’s corporate venture group.
The company intends to use the new funds to accelerate growth.
Find more info here.
55ip, an investment strategy engine that enables advisors to automate and custom-build investment strategies using industry-leading investment science, announced its partnership with FinFolio, the fastest growing portfolio management software that advisors love to use. With this integration, advisors using FinFolio will be able to leverage 55ip’s proprietary capabilities to design or enhance their own advisor-branded investment strategies that address the most common frictions that get in the way of client outcomes – fees, risk of extreme losses, and taxes.
Find more info here.
MoneyGuide announced the expansion of its financial planning platform comprised of a suite of products tailored to meet the individual needs of advisors – all advisors. Within this platform, the company announced the creation of two new products, MoneyGuideOne (“One”) and MoneyGuideElite (“Elite”), both of which are powered by its flagship offering, MoneyGuidePro® (“Pro”).
Find more info here.
Fiserv announced that it would acquire First Data — respectively giants in financial services and e-commerce payments — in a deal worth $22 billion.
Find more info here.
