UK-based FinTech company ABAKA scores backing

London-based ABAKA, which offers an AI-recommendation engine and digital retirement solutions, has received an investment round to bolster its research and development.

Masa Finance exits stealth with $3.5m

Masa Finance, a hybrid credit protocol that links traditional financial accounts and assets to crypto holdings to provide a credit report, has come out of stealth and closed a pre-seed funding round of $3.5m.

Crypto data insight platform Amberdata raises $30m

Amberdata, a provider of digital asset data, has scored $30m in its Series B funding round.

Accern closes $20m Series B round

Accern, a NoCode NLP platform for financial services, has closed a $20m Series B round.

Nossa Data secures £1.2m to “make ESG easy”

Nossa Data, a FinTech startup that is helping corporates streamline their ESG reporting, has raised £1.2m in a seed funding round.

CityFALCON exceeds crowdfunding target by over 800%

CityFALCON, which stylises itself as the Spotify for financial content, has closed a crowdfunding campaign 823% above its initial target.

Sustainability insights platform Higg scores $50m

Higg, a sustainability insights platform for the consumer goods space, has collected $50m for its $50m Series B funding round.

Singapore-based Finbots.AI scores $3m for its credit risk solution

Singapore-based Finbots.AI, which helps firms better handle credit risk, has collected $3m in its Series A funding round.

ArK Kapital bags €165m in seed capital

ArK Kapital, which stylises itself as a precision financing company, has reportedly collected €165m in seed funding.

Trade data platform Saphyre nabs $18.7m in Series A

Saphyre, which offers a service to structure all pre-trade data, has scored $18.7m for its Series A funding round.

News Stories

Zurich to sell Russian business following calls to cut ties

Global insurer Zurich Insurance Group has agreed to sell its business in Russia to 11 members of the unit’s team following mounting pressure on financial institutions and insurers to cut ties with the region.

How can merchant payments firms navigate the European regulatory landscape?

With a central bank digital currency (CBDC) anticipated to be launched in Europe soon, it is becoming increasingly important that merchants can prepare to accept such a currency.

41% of first-time investors in UK see crypto as most important asset

Two-fifths (41%) of first-time investors in the UK see cryptocurrencies as the most important asset to have, according to new research from BrokerChooser.

How to maintain effective supervision in a remote world

With a huge chunk of the global workforce now working through a remote or hybrid working model, new challenges are arising for firms to maintain effective supervision.

Payment platform Amaryllis lands Series B

Amaryllis Payment Solutions, which provides a payment facilitation platform, has raised $10m in Series B funding.

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