This week: Genesis, SmartStream, MarketAxess, Allianz GI, and more

A summary of some of the past week’s financial technology news.

news updates

Genesis raises $45 million Series B

Low-code application platform provider Genesis has raised a $45 million Series B round led by Accel. GV, and Salesforce Ventures. Existing investors Citi, Illuminate Financial, and Tribeca Early Stage Partners also participated in the funding round.

Genesis will use the investment to grow the sales, marketing, and engineering teams. It will also help the firm expand into international markets like Asia-Pacific and further build its platform’s low-code/no

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

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