Scaleup Finance secures $8m for digital CFO platform growth and US market entry
Scaleup Finance, a pioneering company in the FinTech sector, has successfully closed an $8m (£6.4m) pre-Series A funding round.
This significant financial boost is aimed...
AI-powered HR innovation by Borderless AI with $27m funding
Borderless AI, a revolutionary startup at the forefront of the Employer of Record (EOR) industry, has secured $27m in seed funding, the company is set to redefine the global HR landscape with its cutting-edge AI technology.
Volopa and ClearBank forge strategic partnership to elevate SME banking services
Volopa, the innovative provider of transaction, payment, and expense management solutions, has entered into a strategic partnership with ClearBank, a trailblazer in real-time clearing and embedded banking for financial institutions.
Mastercard and SAP Concur partner to revolutionise expense management for businesses
Mastercard, a global leader in digital payment solutions, and SAP Concur, the forefront provider of integrated travel, expense, and invoice management services, have initiated a groundbreaking partnership aimed at streamlining the expense reporting process for businesses and their employees.
HP Spring Studios leads pre-seed round for digital receipt pioneer Receiptable
Receiptable, a pioneering FinTech firm, has successfully secured its first institutional investment in a pre-seed funding round led by HP Spring Studios.
Worth AI launches innovative AI platform to transform business credit scoring
Worth AI, a pioneering FinTech Software as a Service (SaaS) startup, officially announced the launch of its groundbreaking artificial intelligence (AI)-powered risk management and underwriting platform today.
Cooperative Bank of Oromia and Temenos unite to transform digital banking in Ethiopia
The Cooperative Bank of Oromia (CoopBank), one of Ethiopia's premier banking institutions, has partnered with the global FinTech powerhouse, Temenos, to launch innovative digital banking solutions.
Chime revolutionises tax season with free in-app filing feature
Chime, a leading name in the FinTech sector, is taking significant strides to ease the financial burdens of its members, especially during the tax season.
Revolutionising finance: The rise of embedded finance in 2024
As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.
Perfios, India’s premier FinTech SaaS innovator, secures $80m investment
Perfios, India's leading B2B SaaS FinTech company, has successfully raised $80m in a funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.