KKR investment gives FinTech business OneStream $1bn-plus valuation
Private equity major KKR has given OneStream Software a valuation of more than $1bn by investing in the company through its buyout and growth funds.
Samya.AI collects $6m in round led by Sequoia
Samya.AI, which helps companies improve revenue growth, has collected $6m in its seed round led by Sequoia India.
SwissBorg teams with OpenPayd to bolster financial service suite
Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.
Starling secures lender accreditation for UK Recovery Loan Scheme
Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).
Lydia teams with Cashbee to establish savings accounts offering
French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.
Arex secures €8.8m Series A to speed up UK, Spain rollout
Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.
Direct Line’s CTO reveals the evolution of insurance
The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.
How the pandemic supercharged the growth of the digital signature market
A huge challenge for companies and consumers alike during the pandemic was the inability for business matters to be conducted in-person. As countries globally entered lockdowns, the possibility for wet signatures – a signature commonly done with pen and paper – become almost impossible.
Are regulatory constraints hindering machine learning development?
A Bank of England survey has found UK financial companies blame a lack of regulatory clarity and legacy systems for hampering the deployment of machine learning technology.
Dvo1 closes $5.5m Series A round led by OCA
Data analytics platform Dvo1 has closed its Series A funding round on $5.5m, which was led by OCA Ventures.
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