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Luma Secures $63M Series C Funding to Transform Structured Finance
Big banks back Luma's innovative platform for alternative investments and annuitiesHighlights:Luma Financial Technologies raises $63M in Series C funding, led by Sixth Street...
Banking
JPMorgan Chase Invests in FairPlay to Combat Algorithmic Bias
JPMorgan Chase joins a $10 million investment round in FairPlay, a "Fairness-as-a-Service" company using AI to reduce algorithmic bias in lending.
HighlightsJPMorgan Chase has...
Banking
Global Fintech Investment Falls to Seven-Year Low in 2024
KPMG's Pulse of Fintech report reveals a significant decline in global fintech investment, reaching its lowest level since 2017.Highlights:Global fintech investment dropped to...
Banking
Robinhood Facilitates Easier Access to US Markets for UK Investors
Robinhood opens UK office to streamline US market investments for UK investors.Highlights:Robinhood opens a UK office to address local investors' needs.
UK investors...
Banking
OneVest Raises $20 Million in Series B Funding
Wealth Management Platform Secures Investment to Enhance AI Capabilities and Expand Operations
Highlights:$20 million Series B funding led by Salesforce Ventures.
Expansion of AI...
Banking
Irish Fintech Swoop Secures $6 Million to Grow US Business
Swoop's Strategic Investment Fuels Expansion in the US Market
Highlights:$6 million investment from Sandbox Industries.
Expansion into the US market to bridge the $1.2...
Banking
NatWest Invests in AI Startup to Combat Financial Vulnerability
Strengthening Financial Health through AI-Powered SolutionsHighlights:Strategic Partnership: NatWest's investment aims to leverage AI for addressing financial vulnerability.
Innovative Solutions: The AI startup is...
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