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: UnaFinancial, Multifi, Triple-A and more

UnaFinancial, a fintech group, plans to raise up to $15 million for a new finance app in the UAE in 2024. The funds...

Singapore’s YouTrip eyes international expansion following $50m Series B raise

Singapore-based fintech YouTrip secures $50 million in Series B funding led by Lightspeed. Total funding to date surpasses $100 million, following a $30...

UK challenger Monzo reportedly in talks to sell £300m stake at £3.5bn valuation

British challenger bank Monzo aims to raise £300 million in fresh funds through a share sale. In discussions with blue-chip investment funds to...

German funds servicer Universal Investment names Francesca McDonagh as group CEO

Universal Investment Group names Francesca McDonagh as new group CEO, effective from January 1, 2024. Francesca McDonagh previously served as the group CEO...

Arteria AI bags $30m to help financial institutions extract data from documentation

Arteria AI, a Toronto-based tech start-up, secures $30 million in a Series B funding round led by GGV Capital. Existing investors, including Illuminate...

Morgan Stanley appoints Ted Pick as new CEO

Morgan Stanley has appointed its current co-president, Edward (Ted) Pick, as the new CEO and a member of its board of directors, effective...

US fintech start-up Aleph emerges from stealth with $16.7m funding

Aleph, a fintech startup based in New York, has emerged from stealth mode with $16.7 million in funding. The funding round was led...

Liberum Wealth goes live with Profile’s Axia Custody solution

Liberum Wealth, a subsidiary of Liberum Capital in London, has chosen Profile Software's Axia Custody for its investment management needs. The Guernsey-based subsidiary...

US Bank subsidiary Elavon lands UK banking authorisation

Elavon Financial Services DAC, a subsidiary of US Bank, has obtained authorization from the Bank of England as a licensed provider of financial...
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