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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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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...

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Latest Articles

Biome: Doubles quarterly sales revenue in Q3 FY23

Biome Doubles quarterly sales revenue in Q3 FY23Biome Australia (BIO) doubles its sales revenue for the third quarter of its 2023 financial year...

Botanix Pharmaceuticals: Passes FDA mid-cycle review for Sofpironium Bromide

Botanix Pharmaceuticals Passes FDA mid-cycle review for Sofpironium BromideBotanix Pharmaceuticals’ (BOT) lead product, Sofpironium Bromide, passes an FDA mid-cycle review The FDA detected...

PPRO: Appoints Motie Bring as Chief Commercial Officer to drive the next stage of growth

PPRO: Appoints Motie Bring as Chief Commercial Officer to drive the next stage of growthPPRO has appointed Motie Bring as its new Chief...

Tranglo: Launches instant SEPA payout to Europe

Tranglo: Launches instant SEPA payout to EuropeTranglo has launched instant SEPA payments to Europe, marking its first large-scale expansion in the region SEPA...
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UTP Group: Purchases Wellet’s business in Spain

UTP Group: Purchases Wellet’s business in SpainUTP Group has agreed to acquire the Spanish customer base of German company Wellet GmbH Wellet is...

Forbidden Foods: Extends Blue Dinosaur offerings with WHSmith

Forbidden Foods Extends Blue Dinosaur offerings with WHSmithForbidden Foods (FFF) secures a 57 per cent increase in the number of products sold in...

Alchemy Pay: Secures $10 million funding at a $400 million valuation through partnership with DWF Labs

Alchemy Pay: Secures $10 million funding at a $400 million valuation through partnership with DWF LabsAlchemy Pay partners with DWF Labs to expand...

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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...