UK lender Abound secures £800m in mix of equity and debt financing
Abound's Financing Round:UK-based credit technology firm Abound has secured a new financing round consisting of both equity and debt financing, potentially extending...
CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers
CoreWeave isn’t hanging around. Hot on the heels of a mega funding round valuing the GPU cloud company at a reported $19 billion, the...
Basware acquires invoice management and statement reconciliation platform AP Matching
Finnish fintech Basware is acquiring AP Matching, a UK-based provider of invoice management and statement reconciliation solutions.
The financial terms of the...
Google I/O 2024: How to watch
Google I/O kicks off on Tuesday with a 10 a.m. PT keynote. As ever, the presentation will offer glimpses into the latest versions of...
AYA Bank taps SmartStream for transaction lifecycle management solution
Partnership Overview: AYA Bank, the second-largest bank in Myanmar, selects SmartStream's digital payments platform for transaction lifecycle management (TLM) to manage a surge...
Daloopa trains AI to automate financial analysts’ workflows
Thomas Li was working at Point72, the hedge fund founded by notorious investor Steve Cohen, when he realized that the financial industry relies heavily...
Turkish fintech Iyzico acquires Paynet in $87m deal
Turkish fintech Iyzico is acquiring Paynet, a B2B and B2B2C payment solutions provider, from parent company the Arena Group in a deal valued...
CIBC Mellon taps Duco for AI-powered data automation tech
CIBC Mellon, a joint venture between CIBC and BNY Mellon, partners with UK-based Duco for AI-powered data automation.
The partnership aims to enhance...
Microsoft and OpenAI launch $2M fund to counter election deepfakes
Microsoft and OpenAI have announced a $2 million fund to combat the growing risks of AI and deepfakes being used to “deceive the voters...
