Tag: UK

Ravelin scoops up £3m for machine learning fraud detection

London-based fraud detection startup Ravelin has raised £3m in a Series A round of funding. The investment was led by Playfair Capital with existing backers Amadeus Capital and Passion Capital.

Funderbeam pockets $2.6m for blockchain stock exchange

Funderbeam has raised $2.6m in a new round of ventures funding from Draper Associates, Thomson Reuters and IQ Capital.

Plum nabs $500,000 for savings chatbot

Facebook Messenger-based chatbot Plum has raised $500,000 in a seed round of funding led by 500 Startup’s microfund. The round also saw local angel investors participate.

Reuters teams up with Imperial College for FinTech data crunching

Thomson Reuters is partnering with Imperial College London to take on big data challenges in FinTech, as well as the legal world.

Santander UK forges alt-financing partnership with Crowdfunder

Banking giant Santander’s UK operation is partnering with alternative financing site Crowdfunder to provide £200,000 to community projects through the bank’s Changemaker Fund.

Aire pockets $2m for machine learning-driven credit scores

London-based credit score provider Aire has raised $2m in a new round funding. The investment was led by White Star Capital with existing backers Sunstone Capital and Accion Venture Lab also participating.

Octopus Labs announces first FinTech accelerator cohort

FinTech accelerator Octopus Labs has announced the first five startups that will join its first programme this summer.

Luminance soaks up $3m for AI-driven due diligence

Artificial intelligence-driven due diligence processor Luminance has raised $3m in a new round of funding from Invoke Capital Partners.

Zoopla leverages partnerships for investment channel

UK online property marketplace Zoopla is pushing into the rapidly growing property investment space with a new peer-to-peer lending and property ISA channel.

Brolly scores seed funding to smarten up insurance

Artificial intelligence-driven InsurTech startup Brolly has raised $13,360 in a seed round of funding. The investment in the London-based startup comes from Entrepreneur First and Innovate Finance.

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