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Summary
location iconSouth Yarra, Australia
company sizeCompany size: 11-50

OpenInvest is financial technology platform firm based in South Yarra, Victoria, Australia that is designed to provide investors with access leading investment management companies through a user-friendly online marketplace. OpenInvest's platform allows users to select investment diversified managed portfolios and professional investment managers.

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Investment Management
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OpenInvest - Recent News & Articles

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Grayscale CEO Michael Sonnenshein steps down

Michael Sonnenshein has stepped down from his role as the CEO of Grayscale Investments LLC. Sonnenshein will be replaced by former Goldman Sachs execu...

Soaring debt and deficits causing worry about threats to the economy and markets

The federal IOU is now at $34.5 trillion, or about $11 trillion higher than where it stood in March 2020. Chatter has spilled into government and fina...

Source: CNBC
Fed courts nonbanks for FedNow growth

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...

How FedNow is Shaping Payments Since its Groundbreaking Launch

In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...

Source: Finextra
Goldman Sachs Aims for $300 Billion Private Credit Portfolio

Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portf...

Source: PYMNTS
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC
Brex axes 20% of staff

Corporate spend management giant Brex has laid off 282 people (20% of its workforce) and revealed that its COO and CTO are leaving their roles.In a me...

Source: Finextra
China’s ICBC, the world’s biggest bank, hit by cyberattack that reportedly disrupted Treasury markets

The U.S. financial services division of Chinese bank ICBC was hit by a cyberattack that reportedly affected the trade of U.S. Treasurys. ICBC, the wor...

Source: CNBC
Fed says bond market’s term premium is the reason behind rise in Treasury yields. Why investors should take it with a dose of caution.

U.S. Federal Reserve officials and some investors are increasingly focused on something that can’t be easily explained by the economy or monetary-poli...

Source: CNBC
Marathon Asset Management Closes $1.7 Billion Asset-Based Lending Fund

Marathon Asset Management, a leading global credit investment manager, today announced the final close for the third vintage of a closed-end asset-bas...

Source: Businesswire