France: Crowdfunding Market Declines by 17.1% in 2024

The French crowdfunding market experienced a significant decline in 2024, dropping by 17.1% compared to results generated in 2023. In total, €1.7 billion was raised, according to a report published by France Fintech in collaboration with Forvis Mazars. The peak amount of funds raised for… Read More

40Seas Launches Trade Insurance Management Solution

40Seas, an accounts receivable management platform for SMEs, has launched its Trade Insurance Management solution for SMEs. The platform enables live coverage tracking and digital policy compliance for global SMEs and supports coverage from insurers such as Allianz Trade, Atradius, Coface and AIG. Companies, especially SMEs,… Read More

Futures Brokerage Firm RJO Partners with London based Phlo Systems

R.J. O’Brien & Associates (RJO), the futures brokerage and clearing firm in the United States, and Phlo Systems, a provider of digital solutions for commodity trading, trade finance and international trade compliance, announced that the firms have entered into a tech partnership, which includes an… Read More

Danish Payments Reconciliation Software Firm Storebuddy Acquired By Ageras

With the acquisition of Danish payment reconciliation software Storebuddy, accounting platform Ageras rolls-up its seventh company -preceded by its 2024 acquisition of business banking provider Shine from Société Générale– to complement its service offering and “enhance its position as a leading accounting platform for SMEs… Read More

Harvey, an AI Platform for Legal Services, Reports $300M Series D Round

Harvey has reportedly finalized a $300 million series D funding round at a $3 billion valuation. Harvey, which is described as the domain-specific (artificial intelligence) AI platform transforming workflows for legal and professional services, has recently confirmed its $300 million Series D financing, bringing its… Read More

UK Fintech GoCardless Selects Form3 for Bacs Payment Connectivity

GoCardless, the bank payment company, announces that it has selected Form3, the cloud-native account-to-account platform, to provide them with Bacs payment connectivity to “support the scale up of UK operations.” Form3’s technology solution provides GoCardless with improved operational and technical resilience to “ensure that service… Read More

Bluevine and Xero to Provide Banking Solutions for Small Businesses

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, announced an ongoing partnership with  small business accounting platform, Xero. Through this collab, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with… Read More

Turkish Fintech Firm iyzico Completes $87m Paynet Acquisition

Turkish fintech company iyzico has finalized its $87 million acquisition of Paynet, securing regulatory approvals in one of the largest technology deals between two local firms, the company said. The acquisition, approved by the Turkish Competition Authority and the Central Bank of the Republic of… Read More

Antares Private Credit Fund Launches with $1.4B+ in “Investable” Capital

Antares Capital, an alternative credit manager with approximately $80 billion in capital under management and administration, announced that Antares Private Credit Fund, a public, non-traded business development company (BDC), has launched with “more than $1.4 billion in investable capital.” New as well as existing global… Read More

Cambodian Interior Minister Urges Crackdown on Illegal Online Lenders

Cambodia’s Minister of Interior Sar Sokha has called for intensified efforts to suppress illegal online lending, urging citizens to stop repaying loans from unlicensed lenders and report such activities to authorities. Speaking at the closing ceremony of the Interior Ministry’s annual review meeting, Sokha reiterated… Read More

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