Funding

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...

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...

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...

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...

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...
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ICYMI fintech funding round-up: Zūm Rails, Pulsate, Monite, Spektr and more

Montreal-based payments software vendor Zūm Rails has raised $10.5 million in a Series A funding round led by Arthur Ventures. Zūm Rails plans...

ICYMI fintech funding round-up: Navro, Finally, Cashinvoice, SUMA Wealth and more

Navro (formerly Paytrix) secures $14 million in an internal funding round led by Bain Capital and Unusual Ventures. The London-based digital payments firm...

Pagaya secures five-year $280m credit facility led by BlackRock

Fintech firm Pagaya Technologies has secured a $280 million credit facility led by BlackRock, with participation from Israel Discount Bank, UBS O’Connor, JP...

Core banking tech challenger Tuum secures €25m Series B to tap new territories

Core banking vendor Tuum has raised €25 million in a Series B funding round led by CommerzVentures, with participation from Speedinvest and existing...

ID Finance lands $150m debt financing headed by i80 Group

Barcelona-based ID Finance has secured $150 million in debt financing from i80 Group to accelerate the growth of its Plazo app. ID Finance...

Banking Technology Magazine February 2024 issue out now

The February edition of Banking Technology Magazine discusses challenges in the banking and fintech industry in 2024. Mass layoff announcements were reported across...

ICYMI fintech funding round-up: Kafene, General Index, Mesh and Netcetera

New York-based fintech Kafene secures a $15 million growth capital commitment from Trinity Capital for its AI-powered lending platform. Kafene's technology claims to...

Schroders Personal Wealth announces launch of new investment platform

Schroders Personal Wealth (SPW) is set to launch a new investment platform in the summer of 2024, marking a departure from its current...

Amplifi Capital lands £22.5m funding to fuel Reevo Money expansion

Amplifi Capital secures £22.5 million funding from M&G Investments. UK-based fintech plans to expand Reevo Money, its personal loan platform, nationwide. Reevo Money,...
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