Sector Updates

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Sonovate takes on £14m for contract recruitment financing

Sonovate has raised a new round of funding totaling £14m for its recruiter-financing business. The Series B round was led by Global Founders Capital.
fintech insurtech wealthtech regtech ai cybertech esg news

FundThrough pockets $18.6m for invoice financing

Canadian SME financing startup FundThrough has raised $18.6m (C$24.6) in a Series B round of funding led by Scale Up Ventures.
fintech insurtech wealthtech regtech ai cybertech esg news

iFunded scores pre-Series A for real estate crowdinvesting

Real estate crowdinvesting platform iFunded has raised a seven-figure pre-Series A round. Creathor Venture is the only named investor.
fintech insurtech wealthtech regtech ai cybertech esg news

InsurTech CEOs believe there has to be a better way

Insurance is just one vertical where startups are trying to declutter the user experiences, to create more efficient services which provide customers with greater transparency.
fintech insurtech wealthtech regtech ai cybertech esg news

Square Capital expands beyond payments customers

Square is expanding its loans offering to small businesses outside of its payments processing ecosystem.
fintech insurtech wealthtech regtech ai cybertech esg news

Bitfinex resumes trading following $77m hack

Bitcoin exchange Bitfineix is up and running again after last week suffering a security breach that saw 19,756 bitcoins stolen from users’ accounts.
fintech insurtech wealthtech regtech ai cybertech esg news

Blockchain will have significant impact on EU payments

European payments providers are bullish on the impact that blockchain will have on their industry.
fintech insurtech wealthtech regtech ai cybertech esg news

Zafin lands $10m from Vistara and Beedie

Vistara Capital Partners and Beedie Capital Partners have committed $10m in additional growth capital to Zafin.
fintech insurtech wealthtech regtech ai cybertech esg news

Exeq picks up $1.5m for ‘all-in-one’ finance app

All-in-one personal finance app developer Exeq has picked up $1.5m in seed money to back its launch early next year. New York City angel investors...
fintech insurtech wealthtech regtech ai cybertech esg news

Loot gets £2.5m for millennials-focused banking app

London-based fintech startup Loot, which runs a banking app targeted at millennial customers, has raised £2.5m in its latest financing round.

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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