Tag: Financial Services/Finserv
US investment management platform FundGuard bags $100m Series C funding
FundGuard, a New York-headquartered investment management and administration platform, has raised $100 million in a Series C funding round.
The funding round was...
Fintel acquires an initial 70% stake in UK start-up ifaDASH
UK-based Fintel, a provider of fintech and support services for the retail financial services industry, has acquired a 70% stake in fintech start-up...
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...
Bulgaria’s Paynetics acquires UK neobank Novus
Bulgaria-based embedded finance firm Paynetics has acquired Novus, a B-Corp-certified digital bank in the UK.
Novus, founded in 2020, is an "impact neobank"...
Anext Bank in Singapore reportedly receives another $148m investment from parent company Ant Group
Anext Bank, a digital wholesale bank based in Singapore, has reportedly received an additional SDG 200 million ($148.5 million) investment from its parent...
BNY Mellon deploys AI supercomputer from Nvidia
BNY Mellon, a US-based banking heavyweight, has deployed Nvidia’s AI supercomputer, DGX SuperPOD with DGX H100 systems.
The deployment was completed ahead of...