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Friday, March 29, 2024

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Uzum lands $114m in mix of equity and debt financing, becomes Uzbekistan’s first tech unicorn

Uzbekistan-based tech firm Uzum has secured $114 million in a combination of Series A equity funding and debt financing. The funding round elevates Uzum...

UK’s Co-operative Bank to cut 400 jobs as part of cost reduction programme

The Co-operative Bank in the UK is planning to cut around 400 jobs across its business. This move is part of a cost-reduction...

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Tide names former SVP George Schmidt as new regional CEO for UK and Europe

George Schmidt, formerly the senior VP of marketing...

Century Health, now with $2M, taps AI to give pharma access to good patient data

Artificial intelligence can find hidden signals in data across...

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ARTIFICAL INTELIGENCE

Paytech Matera acquires Brazilian AI firm Cinnecta for undisclosed sum

Matera, a US, and Brazil-based Playtech, has acquired Cinnecta, a Brazilian AI firm, to bring artificial intelligence to...

Jailbreak tricks Discord’s new chatbot into sharing napalm and meth instructions

In March, Discord announced that it had integrated OpenAI’s technology into its bot named Clyde, turning it into...

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UK paytech Volopa partners ClearBank to expand its SME banking services

London-based paytech Volopa has partnered with embedded banking...

Colombian BNPL firm Addi lands $86m in equity and debt funding

Colombian buy now, pay later (BNPL) firm Addi...

Blockchain

Latest Articles

Saudi Awwal Bank taps Wise for international money transfers

Saudi Awwal Bank (SAB) has teamed up with UK fintech Wise to offer its customers fast and secure international remittance services, aligning with Saudi...

Monzo announces new feature to help protect customers against impersonation scams

Monzo, a UK-based digital bank, has introduced a new 'call status' feature in its app to protect its eight million customers from impersonation scams,...

AI reading coach startup Ello raises $15M to bolster child literacy

Ello aims to eradicate childhood illiteracy by leveraging artificial intelligence and child speech recognition technology. The startup announced today that it secured $15 million...

UK start-up Perenna secures unrestricted banking licence from FCA and PRA

Mortgage bank Perenna obtains an unrestricted banking license from the FCA and PRA, allowing it to introduce long-term fixed-rate mortgages in the UK, aiming...
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Commonwealth Bank of Australia snaps up business lending platform Waddle from Xero

Commonwealth Bank of Australia (CBA) has acquired the cloud-based invoice lending platform Waddle through its venture-scaling arm x15ventures. FactsCBA acquired Waddle, a Sydney-based fintech...

HubSpot unveils strategy to integrate AI across the platform

At its Inbound customer conference in Boston today, HubSpot, the Boston-based marketing and CRM platform, announced a comprehensive AI strategy it’s calling HubSpot AI. While...

Anthropic launches a paid plan for its AI-powered chatbot

Anthropic, the AI startup co-founded by ex-OpenAI employees, today announced the launch of its first consumer-facing premium subscription plan, Claude Pro, for Claude 2...

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Business

Bulgaria’s Paynetics acquires UK neobank Novus

Bulgaria-based embedded finance firm Paynetics has acquired Novus,...

Tide names former SVP George Schmidt as new regional CEO for UK and Europe

George Schmidt, formerly the senior VP of marketing...