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Digital Digest: The Latest Tech News – Bite

The latest technology news in the wealth management sector from around the world.

Bite Investments
UK-based Bite Investments, the fintech, is launching Bite Wealth Universe, a digital hub opening access to private market funds.

Family offices, independent financial advisors and sophisticated investors can register to the hub to access an array of private market and alternative funds in one place.

The hub is hosted on Bite’s Software-as-a-Service (SaaS) platform, Bite Stream. The funds available come from the white-labelled software’s clients and Bite Group’s own regulated investment manager. Investors are offered access to a range of alternative investment funds, direct and co-investment, across multiple strategies such as private equity, private credit, real estate, infrastructure, venture capital, hedge funds and cryptocurrency, Bite said in a statement.

The Bite Wealth Universe adds to Bite Stream’s offering, enabling asset managers to grow beyond their usual audience, accessing new types of investors and geographies.

“Using our SaaS technology built for Stream and including funds from Bite Group’s own regulated investment manager on the investment platform, makes Bite Wealth Universe an attractive digital hub for investors looking for exciting new investment opportunities from a variety of providers all in one place,” Justin Mason, head of Bite Wealth Universe, said.

Bite has offices in the US, Europe, and Asia.

Source: WealthBriefing


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