Investments

Remitly Cuts 110 Jobs in Israel Amid Restructuring

The layoffs are part of Remitly’s efforts to streamline operations and reduce costs.Highlights: Remitly is cutting 110 jobs in Israel during a restructuring phase.The layoffs aim to streamline operations...

Business Identity Startup Duna Raises $30M to Expand Services

Funds will help Duna enhance its business identity solutions.Highlights: Duna secures $30M in funding for growth.Funding will enhance...

ANZ Implements Salesforce AI to Enhance CRM System

The Australian bank aims to modernize customer relations with advanced technology.Highlights: ANZ has integrated Salesforce AI into its...

FX Hedging Platform Bound Secures $24.5 Million Funding

Investment aims to accelerate growth of FX risk management solutions.Highlights: Bound has raised $24.5 million in its latest...

ClearBank Strengthens Team by Hiring Visa’s Neil Drennan as CTO

The new CTO aims to drive innovation at ClearBank.Highlights: ClearBank appoints Neil Drennan from Visa as CTO.Drennan to...
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Resistant AI Secures $25M Series B Funding to Advance AI-Powered Fraud Detection

AI-driven fintech security firm Resistant AI raises $25 million in a Series B round to strengthen its fraud detection technology and expand into new...

Bite Investments Raises $25M Growth Capital from NewSpring

UK-based fintech Bite Investments secures $25 million in strategic funding from NewSpring Capital to expand its team, scale its flagship SaaS platform, and accelerate...

Light Raises $30M Series A to Fuel US Expansion and AI Accounting Automation

Danish fintech Light secures $30 million in Series A funding led by Balderton Capital to scale its AI-native accounting platform, open a New York...

HSBC Sells Sri Lanka Retail Banking Business to Nations Trust Bank Amid Global Retrenchment

As part of a broader strategy to streamline its global operations, HSBC agrees to divest its entire Sri Lankan retail banking arm—including 200,000 customers—to...

IntellectAI Says Future-Ready Wealth Management Firms Must Embrace AI, Personalisation & Operational Agility

IntellectAI outlines key strategies for wealth management firms to stay competitive: adopting AI-powered automation, delivering hyper-personalised client experiences, and transforming operations through cloud-native platforms. Highlights:...

Custodian vs Depository: Key Differences in Asset Safekeeping and Ownership

A clear comparison explaining how custodians and depositories differ in legal ownership, roles, liabilities, and investor protection across global financial systems. Highlights: Ownership vs Safekeeping:...

Nvidia Leads £2bn Investment to Supercharge UK AI Innovation & Startup Ecosystem

Nvidia commits £2 billion alongside top VCs to boost infrastructure, startup funding, and academic partnerships in London, Oxford, Cambridge, and Manchester, aiming to strengthen...

WorkFusion Raises $45M Investment to Boost AI Agents for Financial Crime Compliance

The New York-based RegTech company lands $45 million led by Georgian to expand its AI-powered compliance agents — serving top banks in AML, sanctions...

Q6 Cyber Secures Strategic Funding to Advance Threat Intelligence Solutions

The funding will help Q6 Cyber enhance its cybersecurity threat intelligence platform, expand global operations, and strengthen defenses against digital fraud and cybercrime. Highlights: Funding...
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