Sector Updates

B Capital pushes Mswipe’s Series D round to over $40m

Mswipe, a Mumbai-based provider of point-of-sale solutions, has raised over $40m through its Series D round.
Merging expertise: Holtara unveils enhanced ESG services for global investors

Merging expertise: Holtara unveils enhanced ESG services for global investors

Today marks the introduction of Holtara, a subsidiary of Apex Group, a financial services behemoth known for its all-encompassing solutions for asset managers. Holtara emerges as a new brand in sustainability services, blending expertise from Apex Group and MJ Hudson, a recent acquisition.

Martha’s Vineyard Bank launches insurance agency through partnership with Insuritas

Martha's Vineyard Bank partnered with insurance agency Insuritas to begin offering personal, commercial and ancillary insurance services to Martha's Vineyard Bank's more than 30,000 customers.

Zeidler Group names its new CFO and product owner

Zeidler Group, a technology-driven law firm, has named former Goldman Sachs managing director Thilo Zeidler as its new CFO and product owner of various...
VyperCore

CyberTech VyperCore nets £4m in seed raise

VyperCore, a startup specialising in data centre compute performance security, has scored £4m in a seed funding raise.

Global WealthTech investment on track for its worst year since 2017

Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off

Radius Bank deploys Ladder to provide life insurance to banking clients

Radius Bank, an online bank, is to offer its personal banking clients access to life insurance policies through new partnership with Ladder.

Acrisure joins forces with Coalition for SME cyber risk

Global insurer Acrisure has partnered with provider of cyber insurance security Coalition to launch a cyber risk assessment.

Investment management solution Wealthica acquires Stockchase

Portfolio management company Wealthica has acquired stock market data platform Stockchase.
Uruguay's Prometeo secures $13m for open banking expansion in Latin America

Uruguay’s Prometeo secures $13m for open banking expansion in Latin America

Prometeo, an innovative startup based in Uruguay, recently announced a significant milestone in its journey to revolutionise open banking across Latin America. 

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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