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Caliza, a startup offering banks and FinTechs an API that lets their customers save and transact in US dollars, has launched in Brazil with $5.3 million in seed funding.
FinTech News

Caliza launches in Brazil to provide access to US economy

Analysis has shown that 80% of Cobase’s existing client base falls within Alpha’s own target market, highlighting the strong potential for mutual value adds.
Company News

ING to sell 85% stake in FinTech subsidiary to Alpha Group

Amazon has launched a new set of generative AI tools that will assist sellers with writing product descriptions.
Company News

Amazon debuts generative AI tools to helps sellers write product descriptions

CertifID has revealed that it has raised $20m across its Series B funding round, as it looks to protect the real estate industry from fraud.
Anti-Fraud

CertifID secures $20m in Series B to protect real estate industry...

Portugal’s Banco Montepio has agreed to sell its business banking brand, Banco Empresas Montepio (BEM), to financial services start-up Rauva for €30m.
Company News

Portuguese start-up Rauva acquires Banco Empresas Montepio for €30m

Monzo has unveiled an investments feature, that will enable its customers to put as little as £1 into a choice of multi-asset funds.
FinTech News

Monzo unveils new investments feature

With the future regarding UK corporate governance and audit reform seemingly as murky as ever, businesses are being forced to prepare compliance measures, for potential legislature reform that they don't know will be indefinitely implemented. Diligent tries to unpick the jargon, and shed some light onto parliamentary proceedings. 
Compliance

What’s going on with UK corporate governance and audit reform?

Citi has announced that it has sold Bridge, its online lending marketplace for SMEs, to Foro Holdings.
Banking Infrastructure

Citi sells SME lending business to Foro

Coaction Global has announced the completion of a $200m capital raise to support its transformation into a full-service specialty insurance company.
Company News

Coaction Specialty secures $200M in growth capital

Wix, a global software-as-a-service (SaaS) platform has partnered with payment processing platform Stripe to introduce Tap to Pay on Android.
E-commerce

Wix and Stripe partner to introduce Tap to Pay on Android

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