Sector Updates

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CoInvestor raises another £1.1m to bolsters leadership

UK FinTech startup CoInvestor has secured £1.1m in a new seed round and added a new member to its advisory board.
fintech insurtech wealthtech regtech ai cybertech esg news

Invoice trading platform Arex lands €3m

Finish invoice trading platform Arex has closed a €3m financing round led by venture capital firm Lifeline Ventures.
fintech insurtech wealthtech regtech ai cybertech esg news

LoanDolphin valued at $5m following seed financing round

Australian FinTech startup LoanDolphin has been valued at $5m after it completed its seed financing from two key investors.
fintech insurtech wealthtech regtech ai cybertech esg news

Annexus sets up FinTech-focused VC arm

US retirement products and life insurance provider Annexus has formed a new venture firm to target InsurTech, FinTech and software startups.
fintech insurtech wealthtech regtech ai cybertech esg news

IBID buys online payment provider Dalberry

Investment firm IBID Group has purchased Dalberry, an all-in-one technology provider for secure online payments.
fintech insurtech wealthtech regtech ai cybertech esg news

Trading compliance platform Droit bags $16m Series A round

Financial services compliance startup Droit Financial Technologies has picked up $16m of investment led by Goldman Sachs, Pivot Partners and Wells Fargo. Principal trading firm...

Riskalyze pockets $20m to help advisors align investments with risk

Risk alignment software firm Riskalyze has raised $20m in its first round of outside institutional financing from FTV Capital.

Property.Works picks up ?1.5m for commercial real estate

Commercial property marketplace Property.Works has closed ?1.5m in a seed funding round. The investment comes from Passion Capital, M7 Real Estate and Robert Orr.

AvidXchange swipes $3.5m for automated payments

Payments automation service AvidXchange has raised $3.5m in a new round of equity funding according to an SEC filing. The financing comes from two investors that remain unnamed.
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MPOWER nabs $6m to finance international students

MPOWER Financing has raised $6m in a Series A round led by private equity firm Zephyr Peacock India. The Washington DC and Bangalore-based company aims to help finance international students.

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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