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Kasisto raises a further $22 million for conversational AI

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Kasisto raises a further $22 million for conversational AI

Chatbot developer Kasisto has closed a $22 million Series B extension financing, bringing the total amount raised by the New York-headquartered company in this funding round to $51 million.

Mexican banking startup Stori raises $10 million

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Mexican banking startup Stori raises $10 million

Mexican digital banking startup Stori has raised $10 million in Series A2 financing, co-led by Bertelsmann Investments (BI) and Source Code Capital, and joined by existing investor Vision Plus Capital.

Encompass receives £2 million grant for AI project

/ai

Encompass receives £2 million grant for AI project

RegTech Encompass has been awarded a £2 million grant from Scottish Enterprise to develop an artificial intelligence engine to accompany its KYC product offering.

/payments

Rimilia scores $15 million in growth funding

Rimilia, the leading SaaS-based fintech company, today announced it has secured $15 million in growth funding.

Corlytics finalising EUR10 million funding round

/regulation

Corlytics finalising EUR10 million funding round

Dublin-based regulatory planning company Corlytics is expecting to book a EUR10 million cash injection by the end of the first quarter, after recording its most successful year on record.

/regulation

Rimes secures investment from EQT

RIMES, the global leader in Managed Data Services for financial institutions, has today announced a deal with global investment firm EQT.

Mastercard invests in online and offline identity startup Trust Stamp

/security

Mastercard invests in online and offline identity startup Trust Stamp

Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp.

/security

Cybertonica raises $2 million Series A

Cybertonica, an award-winning platform using Machine Learning and AI for delivering authentication, risk analytics and fraud prevention to the payments and FinTech sectors, has raised £2 million in Series A funding.

Baton Systems raises $4m for DLT-based bank payments tech

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Baton Systems raises $4m for DLT-based bank payments tech

Baton Systems, a provider of DLT-based bank-to-bank payments middleware for connecting disparate ledgers - both on and off a blockchain - has topped up its recent $12 million funding round with an extra $4 million from VC Illuminate Financial.

Klarna picks up $200 million investment from CBA; launches in Australia

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Klarna picks up $200 million investment from CBA; launches in Australia

Buy now, pay later outfit Klarna has officially launched in Australia, backed by a further $200 million investment from Commonwealth Bank of Australia.

Westpac's Reinventure invests in Indonesia's Kredivo

/startups

Westpac's Reinventure invests in Indonesia's Kredivo

Westpac-backed venture fund Reinventure has stepped up its push into Asia’s fintech scene, joining a US$90 million funding round for the owner of Kredivo, Indonesia’s fast-growing "buy now, pay later" (BNPL) platform.

SoftBank leads $125 million round in Latin America's AlphaCredit

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SoftBank leads $125 million round in Latin America's AlphaCredit

SoftBank has led a $125 million equity financing round in Latin America small business lender AlphaCredit.

/ai

SEI invests in AI insights firm ForwardLane

ForwardLane, the leader in providing AI driven intelligence to financial services professionals, is thrilled to announce SEI Venture's strategic investment into the company, to accelerate growth and the provision of powerful, personalized insights for wealth managers, asset managers and commercial banks.

$545m bank-backed fintech fund launches

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$545m bank-backed fintech fund launches

Canapi Ventures, a VC firm focussed on fintech startups, has secured the backing of a host of banks for a new $545 million fund.

/payments

AvidXchange raises $260 million in equity capital

AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced it has raised $260 million in equity capital as part of the company's latest financing round.

SME finance provider Liberis goes for global growth with $42 million funding round

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SME finance provider Liberis goes for global growth with $42 million funding round

UK-based alternative finance provider Liberis has raised $42 million in equity financing and appointed PayPal's former head of credit operations Howard Kramen as its US general manager.

/retail

Goldman Sachs leads $70 million round in workplace comms platform LumApps

LumApps, a leading Software as a Service provider of cloud-based enterprise communication solutions, today announced a $70 million Series C funding round, bringing the company's total amount raised to around $100 million.

Gig economy subscription app SteadyPay raises £2.9 million

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Gig economy subscription app SteadyPay raises £2.9 million

FCA licenced gig-economy app SteadyPay has closed a £2.9m seed equity and debt funding round, with the equity investment led by venture firm Hambro Perks and Fair By Design.

JPMorgan and UK Aid pump $15 million into Catalyst Fund

/startups

JPMorgan and UK Aid pump $15 million into Catalyst Fund

JPMorgan has joined UK Aid in providing $15 million in support for Boston-based accelerator Catalyst Fund, which aims to back 30 fintech startups in Kenya, Nigeria, South Africa, India, and Mexico over the next three years.

Rabobank invests in digital mortgage broker Trussle

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Rabobank invests in digital mortgage broker Trussle

Rabo Frontier Ventures (RFV), the strategic investment fund of Rabobank, has contributed to a £7.5 million funding round in online UK mortgage broker Trussle

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