Tagged: startups

Fintech Mayfair Cash Account Launches with 4.02% APY, Automated Treasury Management

Mayfair, a Fintech startup backed by Tiger Global and Amity Ventures, is helping companies put “every last idle dollar to work.” Its clients avoid “the price and liquidity risks of financial products typically marketed to businesses, and can take advantage of automated cash management to… Read More

London based Regtech docStribute, Penrith Building Society to Create Sustainable Communication Platform

docStribute, the “smart” solution that allows immutable file sharing for a wide range of industries using distributed ledger technology (DLT), is now “available to members of Penrith Building Society, digitizing member communications.” London-based RegTech startup docStribute has joined forces with Penrith Building Society in order… Read More

Thailand based Insurtech Eazy Digital Secures $850K via Seed Round

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised US$850,000 in an oversubscribed seed funding round. The investment round was “led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.” Eazy Digital… Read More

OneSpan to Acquire Blockchain Tech Provider ProvenDB to Bring Secure Vaulting to Future of Digital Transactions

OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, announced that it has agreed to acquire ProvenDB, an Australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, “to provide an industry-leading trust model for high assurance contracts and documents.” ProvenDB… Read More

Regtech Salv Secures €4M to Support European, UK Expansion of Crime-Fighting Platform

Salv, the regtech startup founded by former Wise and Skype employees, closes a €4m seed round extension “led by ffVC, with German G+D Ventures and existing investors also participating.” The funds will allow Salv “to further develop its modular regtech technology and support geographical expansion… Read More

Fractal Homes Introduces Second Home Co-Ownership Model in Europe

Fractal Homes, a UK-based start-up offering fractional home ownership across Europe’s capital cities, has launched a second home co-ownership model “aimed at streamlining purchasing, maintenance, and upkeep of select properties for GCC residents.” To coincide with this announcement, Fractal Homes has “launched a new website… Read More

Quantum Computing Startup Oxford Ionics Raises £30M in Series A Funding

Oxford Ionics – the startup solving the critical scalability issues facing the future of quantum computing, has raised £30 million in Series A funding from some of the “world’s leading” quantum and tech investors. The investment round was “led by Oxford Science Enterprises and Braavos… Read More

Visa Invites Malaysian Startups to Join Accelerator Program

Visa (NYSE: V), which claims to be a world leader in digital payments, is announcing an open call for startups across the APAC region in order to apply for the Visa Accelerator Program 2023 and applications will close on January 10, 2022. Currently in its… Read More

Vestd Streamlines Equity Management for Startups, Investors

Vestd has introduced a new simplified version of its equity management platform to help startups, SMEs and investors with organizing, managing and tracking shareholders and ownership. Vestd Lite is currently available for UK-headquartered firms to quickly issue shares among staff, manage shareholders and view their… Read More

Singlife with Aviva Introduces Accelerator for Insurtech Startups

Financial services company Singlife with Aviva has announced “the launch of Singlife Connect, its accelerator program to support and spur the growth of promising insurtech startups.” Singlife Connect will “focus on developing scalable market solutions to innovate and transform insurance distribution.” Singlife will “leverage its… Read More

Bullpen Finalizes $145M Round to Support Innovative Startups

Bullpen Capital recently announced its “largest ever” funding round at $145 million. Uncertain market conditions have plagued venture capital firms in 2022, but Bullpen has reportedly managed to maintain operations with their “unique” post-seed investment approach. As noted in an update shared with CI, Bullpen… Read More

Egypt’s Digital Restaurant Supply Chain Startup, Suplyd, Raises $1.6M

Egypt’s digital restaurant supply chain startup Suplyd recently closes $1.6M funding round Suplyd, a startup that digitizes supply chain operations for the MENA region’s hotels, restaurants, and catering (HORECA) industries, announced their $1.6M pre-seed round funded “by Endure Capital, Seedstars, Camel Ventures, Falak Startups alongside… Read More

Capchase CEO Miguel Fernandez Comments on How Startups Should Approach 2023

Miguel Fernandez, CEO and co-founder of Capchase has looked to the challenging year ahead and commented on some simple measures startups can take to build resilience: Fernandez notes that we’ve all seen the headlines. That tech is “bracing itself for a challenging year.” From gaming… Read More

Startup Funding Into US Firms Sinks by 40%

Funding into US startups has dropped by a precipitous 40%, according to a new report. In 2021, startups raised $296 billion. During 2022, this number has declined to $176 billion, a dramatic decline for a key sector of the economy. Entrepreneurship and small businesses are… Read More

Web3 Startup Nillion Finalizes $20M Round

Web3 startup Nillion has closed a $20m+ fundraise from strategic partners and investors. The project is “based on a new mathematical innovation, invented by cryptography professor Dr. Miguel de Vega, called Nil Message Compute (NMC) which enables the creation of a non-blockchain decentralized network that… Read More

Bevan Money Names Sopra Banking Software as “Preferred” Supplier

Sopra Banking Software (SBS), which claims to be a leading technology partner to more than 1,500 financial institutions worldwide, announced it has been “selected as preferred supplier for Bevan Money, a digitally focused start-up who will provide retail mortgage and savings products to the UK… Read More

Fintech Airwallex, Agoda to Support Hong Kong Business Travelers

With the surging demand of international business travel, global fintech platform Airwallex is partnering with Agoda, a global digital travel platform, “to make travel planning easier for Hong Kong SMEs and startups.” As mentioned in the announcement, Airwallex Hong Kong customers will “be able to… Read More

Austin based Ribbon Finalizes $2.7M in VC Funding

Ribbon announced it has closed $2.7 million in venture capital funding “to enable the Austin-based startup to roll out its unique fiscal sponsorship model for the burgeoning nonprofit industry.” The company’s fiscal sponsorship model “allows individuals looking to conduct charitable work to partner with existing… Read More

Global Fintech Adyen Announces Startup Accelerator Programs for 2023

Adyen (ADYEN:AMS), which claims to be the global financial technology platform of choice for leading businesses, announces “the launch of four accelerator programs following the success of EMEA accelerator winner, Pivot.” Alongside the relaunch of the Amsterdam based EMEA program, the new accelerators will reportedly… Read More

Fintech AltScore Finalizes $3.5M Seed Round to Support B2B Embedded Lending

AltScore, a fintech start-up that provides B2B lending infrastructure, announced it has raised $3.5 million in seed funding. The financing will help AltScore “continue developing its end-to-end Lending-as-a-Service (LaaS) solution to help its B2B partners embed and deploy credit products while giving MSMBs fair and… Read More

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