Funding

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 compliance platform.Funding aims to address fintech regulatory challenges.Investment reflects growing demand...

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...

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...
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Bain Capital buys majority stake in India’s Adani Capital, invests $120m to boost growth

US-based private investment firm Bain Capital will acquire a 90% stake in India's Adani Capital and Adani Housing, bolstering the non-banking financial institution's growth...

FusionIQ integrates with wealth management platform Blueleaf

FusionIQ, a provider of cloud-based wealth management solutions, has integrated with Blueleaf, a platform offering reporting, billing, and client aggregation tools. This integration aims...

DBS Bank to sell majority stake in AXS to Tower Capital Asia

Singapore's DBS Bank is selling a 77.8% majority stake in AXS, a provider of electronic payment services, to Tower Capital Asia. The transaction is...

US accounting fintech Jirav raises $20m Series B funding

Seattle-based financial planning and analysis platform Jirav has raised $20 million in a Series B funding round led by Cota Capital. The funding will...

Fiinu to scale back operations amid continued efforts to source fresh funding

UK banking start-up Fiinu is facing difficulties in securing additional funding required for its banking license application with UK regulators. As a result, the...

Solaris raises €38m in funding to strengthen governance and compliance

European embedded finance platform Solaris has raised €38 million in Series F funding to strengthen its governance and compliance. The funding will support the...

Egypt Post meets SME financing capabilities with Qardy partnership

Egypt Post has partnered with online aggregator marketplace Qardy to provide SMEs in Egypt with better access to financing opportunities. This collaboration aims to...

AFME outlines concerns in upcoming CS3D regulation in paper

The Association for Financial Markets in Europe (AFME) has released a report outlining concerns with the upcoming Corporate Sustainability Due Diligence Directive (CS3D). The...

Rimes supports digital transformation of Jana with Matrix solution

Jana, Australia's largest investment consulting organization, has implemented the Rimes Matrix solution as part of its digital transformation program. The solution aims to streamline...
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