Funding

Fed Accelerates FedNow Development for Cross-Border Payments

New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to facilitate faster international transactions.Consultation period opens until November 2023.The Federal...

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...
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Omnio: Raises €12M in Funding

Omnio Raises €12M in FundingOmnio, a London, UK-based Banking-as-a-Service company, raised €12M in funding Opentech participated in the round along with existing backers ...

Fondo: Raises $3M in Pre-Seed Funding

Fondo Raises $3M in Pre-Seed FundingFondo, a San Francisco, CA-based all-in-one accounting platform provider, raised $3M in Pre-Seed funding The round includes $1.2m...

Merchant Money: Raises £115M in Funding

Merchant Money Raises £115M in FundingMerchant Money, a London, UK-based business finance lender, raised $115M in funding Backers included Barclays Bank PLC and...

Mineralys Therapeutics: Completes $192M IPO

Mineralys Therapeutics Completes $192M IPOMineralys Therapeutics, a US-based clinical-stage biopharmaceutical company, completed last Friday a $192m initial public offering (IPO) on the Nasdaq...

Kelpi: Raises £3M in Seed Funding

Kelpi Raises £3M in Seed FundingKelpi, a Bath, UK-based sustainable materials innovation company, raised £3M in Seed funding The round was led by...

Kennek: Raises $4.5M in Pre-Seed Funding

Kennek Raises $4.5M in Pre-Seed Fundingkennek, a London, UK-based fintech startup, raised $4.5m in pre-seed funding The round was led by Dutch Founders Fund,...

Taurus: Raises USD 65M in Series B Funding

Taurus Raises USD 65M in Series B FundingTaurus, a Geneva, Switzerland-based digital asset infrastructure provider for financial institutions in Europe, raised USD65M in Series...

OpenEyes: Raises $18M in Series A Funding

OpenEyes Raises $18M in Series A FundingOpenEyes, a New York-based insurtech company serving commercial automotive fleets, raised $18M in Series A funding The...

Ottometric: Closes $4.9M Seed Funding Round

Ottometric Closes $4.9M Seed Funding RoundOttometric, a Waltham, MA-based technology company which specializes in the validation of Advanced Driver Assistance Systems (ADAS), raised...
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