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BankTech Ventures invests $13.5M in six fintech startups

BankTech Ventures, a strategic investment fund focused on enhancing community banks, announced today its continued commitment to community banks’ more vibrant futures with a total investment of $13.5 million in six fintech companies in the second half of 2023.

/startups

Sella picks seven startups for final phase of AI incubation programme

72 projects applied to take part in the "Artificial Intelligence Business Incubator": the international incubation program fostered by Banca Sella and implemented by dpixel – the Sella group Venture Incubator – with the support of the Fintech District, aiming to assist in the initial phase (pre-seed) of startups, researchers, entrepreneurial teams, university spin-offs, companies and the most innovative artificial intelligence projects applied to finance.

/startups

Santander and Oxentia Foundation look for the best projects to help develop the digital economy

Banco Santander has launched, together with the Oxentia Foundation, Santander X Global Challenge | Transforming the Digital Economy, a global challenge aimed at startups and scaleups whose projects help transform the economy using new technologies.

/startups

Former Betterment exec launches FinanceHQ

FinanceHQ, a platform that connects individuals with trusted financial advisors and resources, has launched out of stealth mode and named Alex Choi as CEO. FinanceHQ was founded to help individuals plan a better financial future.

/startups

BlueFlame AI launch targets alternative investment managers

BlueFlame AI, the generative AI platform for alternative investment managers, today announced general availability of its transformative platform.

/startups

Pimfa opens applications for wealth tech client onboarding sprint

PIMFA WealthTech, the market network and technology platform created with principal strategic partner Morningstar, and WealthOS, the operating system for digital wealth management, a leading financial technology company, today (16 October 2023) invite FinTechs to participate in a new Tech Sprint to meet a challenge focused on digitising and automating the client onboarding process.

/startups

TransactionLink raises €5m seed round for KYC/KYB automation

TransactionLink, the drag-and-drop builder saving onboarding teams time and money, has raised a €5m seed round to expand its KYB (know your business) product into new sectors and grow its co-headquarters in Berlin and London.

/startups

MAS selects 19 finalists for AI in finance challenge

The Monetary Authority of Singapore (MAS) announced today the 19 finalists for the “Artificial Intelligence (AI) in Finance Global Challenge” under the 2023 Global FinTech Hackcelerator.

/startups

Payments-as-a-Service startup Rainforest closes $11.75 million debt and equity seed funding round

Rainforest, a Payments-as-a-Service (PaaS) platform, today announced the closing of an $11.75 million seed funding round led by Accel, with participation from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners and a number of strategic angels.

/startups

Crédit Mutuel leads $25 million round in cybersecutiry startup HarfangLab

HarfangLab, a French cybersecurity company offering endpoint detection and response (EDR) solutions to enhance identification and neutralization of cyberattacks against companies, has closed a €25 million Series A funding round, led by Crédit Mutuel Innovation.

/startups

Embedded debt collection platform Debtists raises pre-seed funding

Debtist, a FinTech startup from Germany, is announcing the successful completion of its pre-seed financing round. The company, founded in early 2023 by Matteo Benedetti, Tony Zabel and Brandon Baumgarten, is poised to redefine the landscape of receivables management by seamlessly integrating legal dunning services into the core value chain of subscription management, bookkeeping, treasury management, and other B2B SaaS solutions.

/startups

WealthTech Vyzer secures $6.3 million in seed funding

Vyzer, an innovative digital wealth management platform, has successfully raised a Seed round of $6.3 million from leading VCs, angel investors, and family offices including iAngels, Guy Gamzu, MonetaVC, Jonathan Kolber and Rafi Gidron.

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