Tag: Artificial Intelligence
Levr.ai clinches $1m boost to revolutionise small business lending with AI
Canada-based Levr.ai, the cutting-edge intelligent loans software platform, has successfully raised an additional $1m in seed funding, building on its previous fundraising efforts which have now totalled over $2.5m.
Clarity secures $16m in seed funding to combat Deepfakes with AI...
Clarity, an innovative firm specialising in AI cybersecurity, has successfully secured $16m in seed funding. The round was led by prominent investors Walden Catalyst and Bessemer Venture Partners, marking a significant step forward for the company.
Verto partners with Resistant AI for groundbreaking document verification
Verto, the innovative cross-border payment platform catering to emerging economies, has announced a strategic partnership with Resistant AI, specialists in AI- and machine learning-powered financial crime prevention.
Revolut’s new AI tool fights rising scam epidemic
Revolut has recently unveiled an innovative artificial intelligence (AI) tool aimed at combating authorised push payment (APP) fraud, a sophisticated scam where criminals deceive individuals into willingly transferring money into fraudulent accounts.
AML challenges and digital transformation: What 2024 holds for financial services
As we step into the second month of 2024, financial institutions (FIs) and regulated entities face a future that is anything but certain. Following...
Lithuania’s Cyber Upgrade raises €650k to strengthen SME cybersecurity solutions
Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for small and medium-sized enterprises (SMEs) and FinTech companies.
European FinTech companies raise over $100bn in 2019-2023
European FinTechs raised a combined $104.8bn between January 2019 and December 2023. The UK accounted for nearly half of the funding with $48.4bn raised...
Pennylane raises €40m to empower accountants with AI
Pennylane, a France-based FinTech offering a all-in-one financial tool, has successfully raised €40m from Sequoia Capital and DST Global.
UK FinTech investment more than halves in 2023
Key UK FinTech investment stats in 2023:
• UK FinTech companies raised a combined $4,190m in 2023, a 59% drop from 2022
• UK FinTech deal...
MioTech secures substantial investment to champion climate tech in Asia
MioTech, a trailblazer in sustainability data and software in Asia, announced a significant milestone in its journey. The company, renowned for its innovative approach to climate tech, has successfully completed a new round of financing, solidifying its position in the market.