XAIN receives investment from IOTA founder

XAIN, which helps businesses make full use of AI without compromising data privacy regulations, has received an investment from IOTA founder Dominik Schiener. The value...

Heap collects $55m in Series C to support international expansion

Heap, which collects and organises customer behavioural data, has closes its Series C round on $55m.

Wiserfunding and modeFinance launch new credit rating service for SMEs

In what they claim to be a European first, Wiserfunding, the credit risk assessment startup, and modeFinance, the FinTech credit rating agency, have joined forces to launch a new credit rating service for small and medium-sized enterprises.

TransUnion launches new credit risk tool TrueVision as three-month old CreditCompass reach 50,000 customers

Credit-checking company TransUnion has been around since the 1960s, but is still churning out new tools. It has now launched TrueVision, a suite of tools that uses big data to empower users to better evaluate credit risk.

Banking software company Temenos acquires Logical Glue for £12m

By scooping up London-based Logical Glue, Temenos is strengthening the legal compliance of its banking platform.

Redburn has received a minority investment from Rothschild & Co

Redburn, an independent market leading equities research company, has received a minority investment from Rothschild & Co.

Banking, fintech data platform MX seals $100m Series B investment round

Banking and FinTech data platform MX has more than doubled its outside funding thanks to a $100m Series B investment round led by Battery Ventures.

Ocrolus nets $24m Series B to help expand into new verticals

Ocrolus, which automatically analyses financial documents, has bagged $24m in its Series B, supporting its expansion into new verticals.

Guidepost helps fintech, retail analytics business ActiveViam to first outside investment

Financial services and retail-focused data analytics business ActiveViam has picked up the first outside capital in its 15-year history through a minority investment from Guidepost Growth Equity.

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

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