Infrastructure & Enterprise Software

UK bank 3S Money raises £3m to boost hiring, business expansion

UK banking platform 3S Money has raised £3m from a Series B funding round and has hit a £40m valuation.

FCA to introduce ‘regulatory nursery’ to boost FinTech oversight

The Financial Conduct Authority (FCA) has revealed it will launch a ‘regulatory nursery’ for new FinTech companies in autumn of this year.

PensionBee makes London Stock Exchange debut with £365m IPO

UK fintech PensionBee has debuted on the London Stock Exchange (LSE) with its shares priced at 165p per share.

Perception Point eyes growth acceleration following $28m Series B

Israel-based email and collaboration security company Perception Point has raised $28m from a Series B funding round.

Payroll company Deel becomes the next FinTech unicorn

Payroll FinTech company Deel has closed its Series C round on $156m, which put its valuation at $1.2bn and makes it the latest unicorn.

Why SMEs need to worry about the threat of cyberattacks

As the world treads towards an increasingly digitised ecosystem, cyber threats are not uncommon but SMEs may not be aware of the devastating consequences of a cyberattack, according to KYND.

Mantl bags $40m Series B to expand team, product suite

New York-based digital account opening firm Mantl has secured $40m in a Series B round led by Alphabet’s independent growth fund CapitalG.

Chargebee gains unicorn status following $125m Series G

US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.

US House of Representatives approves cannabis banking bill

The US House of Representatives passed a much-awaited SAFE bill aimed at easing financial restrictions placed on the cannabis industry.

Qapita said to raise $5 in pre-Series A funding

Qapita, a digital equity management SaaS solution developer, has reportedly collected $5m in a pre-Series A funding round led by MassMutual Ventures.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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