Kadmos raises €29m to revolutionise salary payments
Kadmos, which offers an end-to-end salary payments platform for cross-border employers, has bagged €29m in its Series A funding round.
Open banking platform LUXHUB closes €7.4m funding round
Open banking API platform LUXHUB has received €7.4m in an internal funding round which will support its European expansion.
AI-driven AP automation leader OpenEnvoy raises $15m in Series A funding
Silicon Valley AI company OpenEnvoy, which has developed an industry-leading solution for accounts payable (AP) automation, has announced raising $15m in a Series A funding round.
Akulaku mulls going public
Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.
Tech investment to be a top priority for UK banks in 2022
A survey by Yobota has found 80% of UK banks see investing in new technology as a key priority for their businesses in 2022.
FaceTec, Onfido team to take on growing digital fraud challenge
US face matching platform FaceTec has partnered with identity verification company Onfido to combat the rising challenge of digital fraud.
NatWest Group and AWS bolster partnership for AI-driven financial wellbeing
NatWest Group, a leading relationship bank committed to aiding people, families, and businesses in their financial growth, has announced an enhanced partnership with Amazon Web Services, Inc. (AWS), a global giant in cloud computing and AI solutions.
Quantum cryptography market expected to be worth $214m in 2025
Quantum technology is going to bring in a whole new level of cybersecurity threats and opportunities, which is why the market is expected grow tremendously in the next five years.
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