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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New UK fintech start-up Kaldi aims to help millennials and Gen Z save and invest

Kaldi, a UK-based fintech start-up, aims to launch in Q1 2024. The company plans to introduce an "easy-to-understand" savings and investment app for...

UAE fintech start-up Flow48 lands $25m pre-Series A funding

Funding Success: UAE-based fintech start-up Flow48 secures $25 million in a pre-Series A funding round. Investors: The funding round involves a mix of equity and...

UK fintech Plum signs strategic partnership with Greece’s Eurobank, lands €10m investment

Plum, a UK-based smart money app, forms a strategic partnership with Eurobank. Eurobank invests €10 million in Plum, with an initial €5 million...

AI-backed Aussie risk decisioning firm Rich Data Co raises $17.5m Series B

Rich Data Co (RDC) secures $17.5 million in Series B funding round. Plans for North American expansion fueled by the investment. Westpac and...

Nucleus Commercial Finance secures £200m funding facility from NatWest

UK SME lender Nucleus Commercial Finance secures £200 million funding from NatWest. The funding increases Nucleus' total lending capacity to £900 million. Nucleus...

ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more

PhiCommerce Funding Round:Indian payment solutions provider PhiCommerce secures $10 million in a Series A1 funding round. Led by Singapore-based VC firm BeeNext...

UK fintech Paysend lands $65m in fresh funding round

Funding Success: London-based fintech Paysend secures $65 million in a recent funding round. Global Reach: Paysend, founded in April 2017, claims a global presence with...

Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs

Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal. The...

HSBC launches $150m venture debt product for high-growth scale-ups in Australia

HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors. $150 million was allocated for lending, targeting...
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