Big Data

Natwest, the Canadian Imperial Bank of Commerce, ITAU and the National Australia Bank have joined forces to create a new marketplace for firms to buy and sell carbon offsets.

Jenfi, a provider of revenue-based financing and analytics, has reportedly collected $6.3m in its Series A round, which was led by Monk’s Hill Ventures.

A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.

T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.

A Bank of England survey has found UK financial companies blame a lack of regulatory clarity and legacy systems for hampering the deployment of machine learning technology.

KlariVis, a trailblazing company at the forefront of optimising banking data analytics, is once again making waves in the industry with a new product. Known for its commitment to innovation, KlariVis has carved a niche for itself by transforming complex data into actionable insights for community banks and credit unions.

Australian bank Westpac is making use of its investment in DataRepublic, with the launch of a new service allowing corporate clients to store and exchange anonymised customer data.

Italy-based stock market analysis platform Finscience has reportedly closed a €1m seed round of funding.

Data technology provider Duco has bagged a $28m investment from investors including Insight Venture Partners and NEX Opportunities.

Marco Polo Technology, the parent company of travel B2B marketplace PKFARE, has closed its Series A investment on $1.6m.