MoneyGram steps back from partnership with Ripple over SEC lawsuit
Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).
Dutch stock exchange for SMEs NPEX raises €2m
NPEX, a Dutch stock exchange for SMEs, has secured a €2m financing round that was led by existing shareholders, including CEO Mark van der Plas.
ABAKA pockets seed funding for savings platform
Artificial intelligence-powered savings platform ABAKA has raised £520,000 in a seed funding round. Anthemis Exponential Ventures led the investment.
Juvo partners with Tune Talk making first deployment in Malaysia
Mobile identity scoring platform Juvo has partnered with Malaysia-based mobile virtual network operator Tune Talk.
Mobile trading platform TigerWit secures $5m round
Mobile and online trading platform TigerWit has secured a $5m investment from Susquehanna International Group.
IndianMoney.com secures $3m funding round
Personal finance mobile app IndianMoney.com has secured a $3m funding round from SRI Capital and Hyderabad Angels.
Accordion closes ‘significant minority investment’ from FFL Partners
Accordion, a private equity financial consultancy and portfolio management company, has received a ‘significant’ minority investment from FFL Partners.
Prudential Financial acquires Assurance in deal worth $2.35bn
Prudential Financial has agreed to health and financial wellness solution Assurance in a deal worth $2.35bn.
Finitive secures debt round from Silicon Valley Bank
Finitive, which provides institutional investors with direct access to alternative lending investments, has collected $2m in a venture debt round.
Chip closes UK’s largest crowdfunding since the lockdown began
Chip, an automated savings platform, has closed a new £2.5m crowdfunding campaign on Crowdcube, surpassing its initial £1m target within hours.