Tag: Fintech

Indonesian P2P lender Amartha secures $100m

The ID FinTech firm, Amartha, which operates an Indonesian peer-to-peer lending platform, has successfully amassed an investment of $100m from Community Investment Management (CIM), a prominent US-based debt provider.

Small week for FinTech deals with just $341m raised

It was a week of small deals in the FinTech sector, with just $341m raised across the 34 funding rounds to close.

Trezy revolutionises SME financial management with $3m investment

Trezy, an AI-driven FinTech company, is steadfastly committed to revolutionising the financial management experience for small and medium-sized enterprises (SMEs) across the globe.

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

Embracing AI for transformation: Key insights from Aiviq’s asset management roundtable

Last month, Aiviq spearheaded a crucial industry event, bringing together forward-thinking leaders from 10 prominent asset management firms.

Shift5 nets $33m to aid onboard data in commercial and military...

Shift5, a firm specialising in onboard data, has announced a $33m rise in its finances, bolstering its Series B round to an impressive $83m.

Ushering a New Era in FinTech with Aveni’s NLP-powered QA Innovation:...

Aveni, an AI solutions company, has partnered with UK-based Age Partnership, a leading equity release advisory firm, to revolutionise their Quality Assurance (QA) monitoring capacities. This strategic collaboration aims to enhance QA monitoring in terms of coverage, speed, and precision.

Italian FinTech, illimity Bank, secures €50m from EIF for SMEs’ sustainable...

Established Italian FinTech, illimity Bank, which focuses on providing innovative and sustainable solutions to small and medium-sized businesses (SMEs), is celebrating a substantial financial boost.

Molten Ventures reduces Revolut valuation by 40%

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.

Decoding the covert ties between wildlife trafficking and financial crime

Moody's Analytics recently highlighted the importance of screening wildlife trafficking in supply chains to cut financial crime. 

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