Data & Analytics

Dubai-based MAGNITT.com collects $1m seed round

Dubai-based investment data platform MAGNITT.com has collected $1m in its Seed funding round.

DataFleets bags $4.5m in seed capital

DataFleets has picked up $4.5m in new funding to further its efforts to enable databases to be accessed without companies running the risk of their data being compromised.

The global FinTech market is expected to be worth $305bn by 2025

Banks and financial services firms are driving the growth of the FinTech market towards being worth $305bn by 2025, according to new research.

Polygon.io bags $6m in Series A funding round led by e.ventures

FinTech startup Polygon.io has secured $6m in a Series A round to fund the continuous growth of its platform.

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.

OneStream bags $200m Series B, secures $6bn valuation

Corporate Performance Management (CPM) business OneStream Software has raised $200m in investment from a Series B funding round and now has a $6bn valuation.

Deserve seeks credit card stack modernisation with $50m Series D

Credit card company Deserve has secured $50m in a Series D funding round led by Mission Holdings, Mastercard and Ally Ventures.

Aumni closes Series B to bolster its offering to customers

Investment analytics platform Aumni has closed its Series B round on $50m to help it increase its customer base.
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AI simulation developer Simudyne partners with PwC

Simudyne, a company that creates AI-powered simulations for banks, has formed a partnership with PwC to boost financial services predictive power for the future.

G7 finance group endorses policy principals for retail CBDCs

Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).

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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