Tag: FinTech 2023

LunarCrush, an industry front-runner in social media analytics for cryptocurrency and financial sectors, announced a significant leap forward in its journey. It raised $5m in a Series A funding round, marking a new phase in the firm's growth strategy.

The UK government treasury has recently published a consultation document for its Digital Securities Sandbox (DSS).

CapStack, the integrated operating system for banks, has officially stepped out of stealth mode, amassing $6m in pre-seed funding.

In the ongoing global efforts against money laundering, the task of comprehending customer identities has proven to be a crucial element in Know Your Customer (KYC) compliance for financial establishments over the years. However, the perpetual shift in regulations has augmented the expense and intricacy involved in acquiring and maintaining clients.

Artela, a start-up focused on enhancing blockchain's scalability, announced that it has successfully raised a $6m seed funding round.

A new survey by Shield and LeapXpert underscores the continued risk financial institutions face from unmonitored communication channels. Only 51% of the financial institutions surveyed are currently monitoring employee communications on WhatsApp, a popular messaging platform.

ESG Bay, an environmental, social, and governance (ESG) self-assessment platform, has recently secured a pre-seed investment. The UK-based company assists organisations in gauging their climate and societal impact by applying universal metrics, and generates lucid ESG assessments for customers, community, stakeholders, and the broader public.

Collective, the pioneering online back-office platform designed exclusively for individual entrepreneurs, known as 'solopreneurs', has successfully raised $50m in its latest funding round.

French FinTech firm, Defacto, a leading provider of loans to small and medium-sized enterprises (SMEs) via an API, has recently closed a significant securitisation fund.

House Numbers, an AI-empowered home wealth management platform, has announced its successful pre-seed funding round.