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Trizic closes $10m Series A round led by Sorenson

Digital workflow and automation company Trizic has closed a $10m Series A venture round led by Sorenson Ventures.
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ID Finance, Da Vinci Capital launch $200m FinTech fund

Da Vinci Capital has teamed former Elbrus Capital fund manager Yuri Popov and ID Finance to launch a $200m FinTech-focused debt finance fund.

Franc has raised $300,000 so far in its seed funding round

South African FinTech Franc has so far raised $300,000 in an ongoing seed funding round to fund its efforts to simplify the world of investment.

Nordic FinTech hub expands to Finland with new partnership

Newly-formed ecosystem builder Nordic FinTech Hub has formed a partnership with Helsinki FinTech Farm to help with expansion into Finland.Nordic FinTech hub, which is...

BUX adds crypto to investing app

Mobile trading app BUX will introduce cryptocurrencies in a phased roll-out to clients in The Netherlands, Belgium, Spain, and Ireland.
fintech insurtech wealthtech regtech ai cybertech esg news

Active Allocator hits $8m valuation through equity round

New York-based FinTech business Active Allocator has hit an $8m valuation through an early-stage equity financing round.The business aims to bring institutional quality asset allocation...
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Cryptocurrency micro-investment platform Coinseed raises $1m in 12 hours for ICO

Cryptocurrency micro-investment and portfolio management platform Coinseed has raised $1m in just 12 hours of its ICO.

Nationwide to commit over $100m to insurance and financial services

Nationwide is committing over $100m to the future of insurance and financial services, to help stay ahead of consumer needs.

Robinhood pulls the plug on its UK expansion to focus on the US market

Just days after announcing a massive expansion of its Series F round, stocktrading platform Robinhood has scrapped its expansion in the UK.

CrowdWiz closes pre-ICO on just over $5m

Investment platform CrowdWiz has closed its pre-ICO funding round on just over $5m, with the ICO prepared to launch next month.

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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