FinQuery secures $25m investment to boost AI solutions for CFOs
FinQuery, formerly known as LeaseQuery, has secured a significant minority investment to the tune of $25m, led by Periphas Capital and supported by Lavelle Capital.
Zazu eyes ?150,000 to launch digital-only bank in Africa
Zazu is looking to raise ?150,000 through an equity crowdfunding campaign on Seedrs, as it prepares to launch its new digital-only bank in Africa.
Guggenheim supports Accel-KKR’s refinancing of Kerridge
Guggenheim Investments has agreed with Accel-KKR to provide debt facilities for the refinancing of Kerridge Commercial Systems.
DataRobot scores $206m Series C to support product development
AI and machine learning technology solution developer DataRobot has scored $206m in its Series E round.
LenderClose secures eight-figure investment
LenderClose, a technology developer for the lending space, has received an eight-figure Series B round.
solarisBank closes Series C round on €60m as it continues to grow its product...
Germany-based solarisBank AG has closed its Series C round on €60m, with HV Holtzbrinck Ventures leading the round.
Incuto bags £1.75m in funding round to support its growth in the UK
Incuto, which aims to provide everyone with access to affordable finance, has closed a £1.75m funding round.
TerraPay expands to USA and Canada to ease real-time cross-border payments
Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
Leading US banks to pilot low credit score credit scheme
Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.