Velox said to raise $2.5m in its new funding round
Velox, which claims to be the future of front-office technology, has reportedly bagged $2.5m in its new funding round.
Rabobank spin-off eyes expansion following Series A closure
A spin-off of Dutch bank Rabobank has closed its Series A funding round following investment from its parent company and cross border payments specialist OFX.
Bank of England initiates climate stress tests to explore risks
The Bank of England (BofE) has kicked off its Climate Biennial Exploratory Scenario (CBES) to scrutinise the risks that could be incurred from climate change.
World Bank rebuffs El Salvador with Bitcoin currency integration
The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.
Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
Sagicor launches digital engagement solution through Life.io partnership
Barbadian financial and insurance business Sagicor has launched a digital engagement platform through a partnership with customer engagement firm Life.io.
Helping banks step up onboarding – Clarifai closes its Series C
Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.
PeerIQ nabs $2.5m for peer-to-peer risk analysis
PeerIQ, a financial information service startup aimed at the peer-to-peer lending market, has raised $2.5m in a round of seed funding.
DiligenceVault raises Series A to support growth
DiligenceVault, a diligence platform for investment managers, asset owners and allocators, has closed its Series A round to accelerate growth.
NatWest unveils carbon footprint feature aimed at tracking user climate impact
NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.
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