Banking

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven compliance.New AI agents aim to improve accounting accuracy.The partnership signals a...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...

Stripe Tightens Valuation, No Rush to Go Public

Stripe aims for a $140 billion valuation but delays going public.Highlights: Stripe targets a valuation increase to $140...
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Italian fintech Qomodo lands €34.5m pre-seed funding

Funding Round: Qomodo, a Milan-based startup, secures €34.5 million in a pre-seed funding round led by Fasanara Capital. Investors: The funding includes credit...

Volante Technologies lands $66m in debt and equity funding round

Volante Technologies raises $66 million in funding led by Sixth Street Growth. Wavecrest Growth Partners and Wells Fargo Strategic Capital also participate, bringing...

UK paytech Volt brings in former Stripe Europe CEO Matt Henderson as special advisor

Matt Henderson, a former executive at Stripe, Google, and Amazon, has been appointed as a special advisor to the board of UK paytech...

MPOWER Financing boosts lending capacity to over $300m with fresh debt funding

US-based fintech MPOWER Financing secures debt financing from Deutsche Bank, Goldman Sachs, and Värde Partners. Financing will enhance lending capacity to over $300...

PFM downturn continues as Status Money closes down

Personal finance app Status Money is closing its doors on November 10. Founded in 2016 by former Citi and Goldman Sachs bankers Majd...

Kash Baghaei joins expense management platform Jeeves as chief product officer

Kash Baghaei was appointed as Chief Product Officer (CPO) at Jeeves, a Mexico City-based expense management platform. Baghaei brings 20 years of experience...

DeFi BNPL start-up AtPay taps Pismo for card issuance

AtPay, a buy now, pay later (BNPL) solution, is gearing up for a soft launch in Australia. They've partnered with Pismo, a core...

Monzo hires Brolly founder Phoebe Chibuzo Hugh to lead its “charge into insurance”

UK challenger bank Monzo has hired Phoebe Chibuzo Hugh, founder and former CEO of Brolly, for its insurance industry expansion. Hugh aims to...

Tandem Bank co-founders team up to launch low-fee wealth management app Prosper

Tandem Bank co-founders Ricky Knox and Nick Perrett, along with ComitFS non-executive chairman Phil Bungey, have launched Prosper, a new London-based wealth management...
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