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2plan Wealth Management has announced a protection referral partnership with LifeSearch. 

A new protection insurance advice referral cooperation has been launched by 2plan Wealth Management, one of the wealth management companies in the UK, and LifeSearch, the independent protection specialist in the country. 

The updated strategy, which is accessible to all of 2plan’s advisers, which number over 450, nationwide, went into effect at the beginning of November. 

Through the collaboration, 2plan advisors have the option to refer customers who have a determined need for protection straight to LifeSearch. After that, LifeSearch will take on regulatory oversight of the protection advice. 

This crowdfunding round from Prosper gives people a chance to invest alongside known names in fintech. These includes Tom Blomfield, founder of Monzo; Matt Cooper, co-founder of Capital One; Phil Bungey, former COO of robo adviser Nutmag; and many more.

Furthermore, this gives Prosper customers a chance to join the wealthtech in changing the way wealth works. It aims to put money and power back into customers’ hands and becoming the first wealth brand that people trust and love.

Supporters can invest from £118 to £500,000. Since opening for founding members, Prosper has launched SIPP, ISA and general investment accounts.

UBS, SBI, and DBS have completed the world's first live repurchase transaction (repo) on a public blockchain using a natively issued digital bond. 

The transaction between DBS, UBS, and SBI, which was carried out as an element of MAS’ Project Guardian, demonstrates how blockchain technology improves liquidity management for institutions by enabling adaptable, and affordable cross-border distribution and settlement of capital market instruments. 

Employing regulated digital payment tokens, the transaction seamlessly finalised a repo, digital bond purchase, and redemption among regulated businesses situated in three distinct jurisdictions (Japan, Singapore, Switzerland). 

Amundi and Indosuez Wealth Management have led a €6m ($6.4m) funding round into digital platform AirFund. 

The AirFund transaction will help market private asset funds managed by Amundi and Indosuez, as well as aid subscription and repurchase transactions in these funds. 

Furthermore, the funding will allow AirFund to accelerate its organic growth by strengthening its teams and developing new growth drivers with a plan to expand in Switzerland, Germany, Benelux, the UK, Spain, and Italy. 

The overall goal is to become Europe’s leading player in the democratisation of private equity funds and AirFund currently provides access to 40 private equity funds and over 1,000 partner distributors.

The Monetary Authority of Singapore creates the groundwork for Singapore's safe and creative use of digital money. 

Three initiatives were presented by the Monetary Authority of Singapore (MAS) to guarantee the inventive and secure use of digital money in Singapore. 

The three initiatives for digital money in Singapore: 

• A plan to issue a “live” central bank digital currency (CBDC) for wholesale settlement; 
• A blueprint detailing the infrastructure needed for a digital Singapore dollar, and 
• An expansion of digital money experiments