Personal Finance

Copper secures $29m for teen-friendly financial platform

Copper, a US bank which set out to become teens’ bank account of choice, has raised $29m in Series A funding.

Personetics launches Sustainability Insights to help customers lower carbon footprint

Data-driven personalisation service Personetics has released a new Sustainability Insights feature aimed at helping customers improve their carbon footprint.

Swedish EdTech Gimi partners with ABN AMRO for financial education

Children financial education app, Gimi, has partnered with Netherland-based bank ABN AMRO, to help educate young customers about personal finance and provide them with a safe platform to handle their bank accounts.

Financepeer pulls in $31m for education financing in India

Education FinTech startup Financepeer has raised $31m in Series B funding to fuel its mission of bringing quality and accessible education across India.

Family FinTech Zenda scores $9.4m

Zenda, a UAE-based FinTech focusses on family finance management, has raised $9.4m in seed funding.

Co-operators backs Responsive in C$3.5m round

Responsive, a FinTech company that leverages machine learning to help financial advisors to better serve and engage investors, has raised C$3.5m in a Series A funding round led by Co-operators.

Pillar secures funding to improve access to credit

UK-based Pillar has raised €15.6m to tackle credit access problems experiences by immigrants.

Freelancer savings app Flow nets seed round

Flow Your Money, an app to automate savings, investing and budgeting, has scored €3.5m in seed funding, which was led by Bulgarian venture firm Eleven Ventures.

Pakistan-based Abhi said to reach $90m valuation

Pakistan-based FinTech company Abhi has reportedly raised $17m in its Series A funding round, which values the company at $90m.

Welcome Tech lands $30m to support immigrant families

Welcome Tech, a digital platform aiming to provide immigrant families in the US with services to help them thrive, has raised $30m in funding.

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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