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Athena Homes said to receive $15m in its Series A

Australia-based Athena Homes has reportedly received $15m in its Series A funding round.

Atom Bank continues upward trajectory with passing of two key milestones

UK challenger Atom Bank has achieved two substantial milestones after it exceeded £3bn of residential mortgage completion and reached £1bn in Instant Saver account deposits.
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Turnkey Lender receives investment from Vertex Ventures

Turnkey Lender has reportedly received an undisclosed investment from Vertex Ventures.
Plend-raises-£40m-to-help-end-financial-exclusion

Plend raises £40m to help end financial exclusion

UK-based ethical lender Plend has reportedly raised £40m in a seed funding round, as it looks to put an end to financial exclusion.

Online loan platform Aura bags $27.7m in residual debt financing

Aura, which offers affordable loans to families in the US, has raised $27.7m in residual debt financing from Angel Island Capital.
Capital-on-Tap-extends-credit-card-for-small-businesses-with-loan

Capital on Tap extends credit card for small businesses with loan

Capital on Tap, a credit card for small businesses, has secured a £200m funding facility from JP Morgan and Triple Point.

FinTechs use market alliances to offer leading savings products, research finds

Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.

Mexican BNPL solution Kontempo closes $30m seed round

Mexico-based buy now, pay later platform Kontempo has closed its seed round on $30m, with a mixture of debt and equity.

Nelo snares $3m to expand ‘buy now, pay later’ market in Mexico

Mexico City-based firm Nelo has raised $3 million from a seed funding round to expand the use of the buy now pay later platform...

OptaCredit secures $4m credit facility from DMI Finance

India-based OptaCredit has secured a $4m credit facility from DMI Finance to support the support its existing offerings.

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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