Industry News

Bloom Money

FinTech Bloom Money raises £1M to digitalise finance for ethnic communities

Bloom Money has raised £1m to digitalise an informal financial management system employed by ethnic communities across the world. 
IAASB

IAASB’s ambitious stride towards global sustainability reporting standard

The IAASB has unveiled the International Standard on Sustainability Assurance (ISSA) 5000, a standard to ensure sustainable reporting.

JPMorgan Chase opens new offices in Mumbai and Bengaluru 

JPMorgan Chase has announced the opening of two new state-of-the-art facilities in India. 

India to add AI-powered conversational payments to UPI 

The Reserve Bank of India has set out plans for the development of AI-powered "conversational" payments on the country's UPI system. 
QR

Unlocking the future: How QR code authentication boosts security

Scanbot recently took the opportunity to dig deeper into the topic of QR code authentication and its role in security. 

Micronotes raises $7.5m in series C funding round

Micronotes has announced it has managed to secure a $2m extension to its series C funding round, which now totals $7.5m.
CBDC

RBA’s CBDC research shows long road ahead for digital currency

The RBA has released a comprehensive report that shines a light on the complexities of launching a CBDC in Australia.
Fianu

Fianu Labs steps into the limelight with $2m seed funding

Fianu Labs, a company specialising in software governance automation, has announced its emergence from stealth mode.
UK bank employees international payments dissatisfaction

UK bank employees international payments dissatisfaction

Only 51% of UK bank employees recommend their institutions' international payments services, according to a revealing survey commissioned by Wise. The findings underscore the pressing need for banks to revamp their cross-border payments solutions if they hope to stay competitive against dedicated international payment providers.
Salesforce

Theta Lake unveils compliance support for Salesforce Chatter

Theta Lake recently revealed it was continuing its support for the Salesforce Chatter platform which aids with compliance support. 

News Stories

Finally secures $200m in Series B funding to enhance SMB financial services

Finally secures $200m in Series B funding to enhance SMB financial services

Finally, the AI-powered finance and HR platform, has successfully secured a $200m Series B investment.
MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion, recognised as a pioneering digital ecosystem for consumer finance, today announced a pivotal partnership with Nova Credit, a leader in credit infrastructure and analytics.
Form3 announces £10m Series C extension funding led by British Patient Capital

Form3 announces £10m Series C extension funding led by British Patient Capital

Form3, a prominent British payment technology firm, has recently secured a £10m investment.
Cashmere raises $3.6m in seed funding to enhance wealth management client acquisition

Cashmere raises $3.6m in seed funding to enhance wealth management client acquisition

Cashmere, a pioneering WealthTech startup, has successfully raised $3.6 million in seed capital. The funding round was spearheaded by FinTech venture specialists, Canapi Ventures.
Outward VC secures £51m to boost early-stage FinTech startups tackling societal challenges

Outward VC secures £51m to boost early-stage FinTech startups tackling societal challenges

Outward VC has successfully garnered £51m during the initial close of its second fund, aimed at providing crucial support to early-stage founders tackling significant societal challenges through financial services innovations.

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