Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Virgin Money acquires abrdn's stake in joint venture wealth platform

Virgin Money is to take full control of its digital wealth management platform, buying out joint investor abrdn for £20 million.

14 February 2024

Company announcement/crypto

Archax tokenises investment in Abrdn money market fund

Archax, the FCA regulated digital asset exchange, broker and custodian, today announced that it has created a tokenised representation of its interests in the Aberdeen Standard Liquidity Fund (Lux) – Sterling Fund, abrdn’s flagship £multi-billion money market fund, leveraging the Hedera Hashgraph DLT of which abrdn is a governing council member.

08 June 2023

News/wealth

Virgin Money launches digital wealth platform

Virgin Money has launched a digital wealth management platform for retail investors through a joint venture partnership with abrdn.

13 April 2023

Company announcement/markets

Abrdn chooses Kneip as fund data dissemination partner

Abrdn, a global investment company and asset manager, has chosen Kneip as their fund data dissemination partner to ensure highest level of data quality and consistency.

26 October 2022

News/crypto

Abrdn buys stake in digital asset exchange Archax

Investment manager abrdn has become the largest external shareholder in the UK’s first regulated digital securities exchange, Archax. Terms of the deal were not disclosed.

12 August 2022

News/wealth

Abrdn scraps deal to acquire Exo Investing; invests in parent company Nucoro

Investment manager Abrdn has pulled out of a deal to acquire the digital wealth management arm of fintech Nucoro and has instead agreed to an undisclosed investment in the wealthtech.

07 June 2022

News/markets