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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10x Banking raises $45m to fuel expansion efforts

Funding Boost: Core banking solution provider 10x Banking secures $45 million in a funding round. Investors: BlackRock and JP Morgan Chase lead the funding, with...

Digital asset firm HashKey bags $100m Series A funding at unicorn valuation

HashKey Group secures $100 million in Series A funding round at a valuation of over $1.2 billion. Founded in 2018, Hong Kong-based HashKey...

UK car finance fintech Carmoola lands £15.5m in equity funding

London-based fintech Carmoola secures £15.5 million in equity funding. Investors include QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and u.ventures. Previous funding includes a...

Brazil’s Conta Simples plots product expansion following $41.5m Series B

Conta Simples secures $41.5 million in Series B funding Led by existing investor Base10 Partners Funding to enhance corporate card platform and expense...

Singapore’s GXS Bank reportedly receives $109m investment from parent company Grab

GXS Bank Funding:Singapore-based digital banking challenger GXS Bank has reportedly received an additional $109 million investment from its parent company, Grab Holdings. ...

WealthCo Asset Management taps Duco to automate manual data tasks

WealthCo Asset Management and Duco Partnership:WealthCo Asset Management in Canada has entered into a partnership with Duco, leveraging Duco's cloud-based Software-as-a-Service (SaaS)...

Global fintech investment plummeted 48% in 2023, according to new data by Innovate Finance

Global Fintech Funding (2023):Total global investment in fintech reached $51.2 billion in 2023, marking a 48% decline from the previous year's figure...

UK digital identity firm Yoti secures £20m in debt funding

Yoti:London-based digital identity company Yoti has raised £20 million in funding. The funding includes £12.5 million in debt funding from HSBC and...

ICYMI fintech funding round-up: KlariVis, Komunal, Maalexi, Cleva & CSI

KlariVis (US):KlariVis, a US-based data analytics solutions provider for community banks and credit unions, has raised $11 million in a Series B...
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