Data & Analytics

Microsoft has joined the Veritas consortium launched by the Monetary Authority of Singapore (MAS) to improve the trust of the use of artificial intelligence in the financial industry.

Nude, the financial advice service for first-time homebuyers, has reached its crowdfunding campaign target, raising £3.5m on the Seedrs platform.

The global data protection as a service market is expected to grow considerably in the next seven years, reaching a whooping $103.8bn in 2027.

InterPrice Technologies, which supplied corporate issuers and financial institutions with greater transparency in financing costs, has netted $2.5m in its seed round.

Enterprise sales enablement platform Gong raised $250m in a Series E funding round valuing the company at $7.25bn, more than triple its previous valuation of $2.2bn.

Amberdata, a data and insights platform for blockchain networks, has closed its Series A on $15m as it looks to expand in the US.

Sustainability ratings business EcoVadis has raised $500m in a funding round, which makes it the latest sustainability impact unicorn.

Propellant.digital, the analytics FinTech that processes and scrutinises global trading data to guide business decisions, has clinched a strategic investment led by Volta Ventures. This early-stage venture capital firm is known for backing promising software start-ups.

The latest study from Spendesk, a comprehensive spend management solution catering to SMEs, reveals significant insights into the burgeoning AI sector, particularly its impact on European small and medium-sized businesses (SMBs).

Data analytics company Peak has netted £2.5m in its Series A financing round led by MMC Ventures.