Collective rakes in $50m to revolutionise freelance finance with AI
Collective, the pioneering online back-office platform designed exclusively for individual entrepreneurs, known as 'solopreneurs', has successfully raised $50m in its latest funding round.
Pleo unveils next-generation spend management tools for businesses
Pleo, recognised as Europe's premier spend management platform, has rolled out significant product updates today. These enhancements promise to deliver a more robust set of tools to businesses, propelling mid-market growth and streamlining expenditure.
WealthOS and Quai Digital Forge strategic partnership to revolutionise wealth management
WealthOS, a Barclays-backed WealthTech, has recently been selected by Quai Digital as its new strategic technology partner.
OpenFin takes $15m from Wall Street firms
New York-based startup OpenFin has landed $15m in its Series B round from a host of Wall Street firms and their venture arms for its financial desktop applications operating layer.
ANEXIO secures $8m credit facility from Bridge Bank
Desktop to data centre solution ANEXIO has received an $8m credit facility from Bridge Bank, a division of Western Alliance Bank.
Tangerine partners with Meniga to support Canadian consumers with finances
Canadian direct bank Tangerine has formed a partnership with Meniga, a digital banking solution developer.
Less than a fifth of banks use AI technology holistically
Despite nearly all commercial banks using AI, only 19% are using the technology holistically across the enterprise, according to a study from Genpact.
Sila nets $7.7m in its seed round to support the release of new services
Banking and payments API platform Sila has netted $7.7m in its seed funding round to support the development of new products.
Shengli Financial Software said to close its Series B round
China-based FinTech company Shengli Financial Software has reportedly raised RMB 100m ($14.3m) in its Series B+ round.
Upvest scores €5m in its Series A extension
Berlin-based plug-and-play pan-European securities API platform Upvest has scored €5m in an extension to its Series A round.
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