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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...

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...

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...

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...

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...

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...

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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