Funding
FinTech
NatWest Group Strengthens Free Investment Guidance Programme
New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating customers on investments.Part of broader push to enhance financial literacy.NatWest...
FinTech
Tether Launches New Stablecoin Wallet to Enhance User Experience
This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...
FinTech
FCA Strengthens Money Laundering Combat with Synthetic Dataset
New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...
FinTech
Spektr Strengthens Compliance Efforts with $20M Funding
Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...
FinTech
Hacked DeFi Platform Drift Secures Funds to Repay Customers
Drift plans to relaunch with Tether support after addressing security issues.Highlights: Drift DeFi platform has secured funds after...
US start-up Payabli raises $20m in Series A funding round led by QED Investors
Payabli Series A Funding Round: Key PointsFunding Details:Payabli, a US-based payments infrastructure firm, has raised $20 million in a Series A funding...
Raiffeisen Bank International opts for Surecomp’s collaborative trade finance platform
Raiffeisen Bank International (RBI) Partners with Surecomp: Key PointsPartnership Details:RBI has selected Surecomp, a Canadian trade finance solutions provider, to digitize its...
US regtech start-up Norm Ai raises $27m Series A funding
Norm Ai Secures $27 Million Series A Funding: Key PointsFunding Round:Norm Ai, a New York-based regtech start-up, raised $27 million in a...
Hong Kong lender FundPark lands £250m facility led by HSBC
FundPark Secures $250 Million ABS Facility from HSBC: Key PointsFunding Secured:FundPark, a Hong Kong-based lender, secured a $250 million three-year private loan...
Verituity secures $18.8m round led by Forgepoint Capital and Sandbox Industries
Verituity Raises $18.8 Million: Key PointsFunding Round:Verituity, a US-based provider of verified payout solutions, raised $18.8 million.
The funding round was led...
Italian fintech Banca AideXa secures €16m capital raise
Banca AideXa Secures €16 Million in New Capital: Key PointsNew Funding and Total Capital:Secured €16 million in fresh capital.
Total capital raised...
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense Acquires Tegus for $930 Million
Acquisition Details:Acquisition Value: $930 million.
Expected Closure: Q3 2024.
Key Assets Acquired: Tegus’ research platform, financial data, and...
Pipe secures new $100m credit facility from Victory Park Capital
Pipe Secures $100 Million Credit Facility from Victory Park Capital
Key Highlights:Funding Details:Amount: $100 million credit facility
Potential Upsize: Up to $200 million...
Dutch lender BridgeFund taps Mambu for core banking upgrade
BridgeFund Selects Mambu's Cloud Banking PlatformOverview:Amsterdam-based BridgeFund partners with Mambu to scale its SME lending operations.Objectives:Replace BridgeFund’s in-house-built core banking...

