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UK and Singapore reaffirm fintech co-operation pact

The United Kingdom (UK) and Singapore held the 9th UK-Singapore Financial Dialogue in Singapore today.

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iwoca amasses £270 million in investments from Citibank and Barclays

iwoca, one of Europe’s largest SME lenders, today announces a new £270m package of debt funding, taking total gross investment in the company to over £1bn since it was founded in 2012.

/startups

Lunar appoints experienced fintech player Tim Brooke as chairman

Experienced international fintech player Tim Brooke Thom joins Nordic bank challenger Lunar as the new chairman of the Lunar Group board.

/startups

New Norfolk fintech cluster could be worth £100 million by 2027

The Norfolk FinTech Report 2024 – commissioned by Tech East and independently produced by Whitecap Consulting – forecasts Norfolk’s FinTech sector could be worth £100M by 2027, with the number of FinTech firms doubling within the next three years and forecast to create more than 600 new roles in the region.

/startups

Real estate financial technology company Backflip raises $15 million

Backflip, the all-in-one real estate and financial technology platform for real estate entrepreneurs, announced today its $15 million Series A led by FirstMark Capital, early investors in category-defining platforms Airbnb, Shopify, and Pinterest.

/startups

Fintech Scotland invites call for applicants to later life planning challenge

FinTech Scotland and Smart Data Foundry are collaborating to bring an industry-wide UK fintech innovation challenge to the market. This challenge seeks to inspire the development of inclusive financial services for consumers, empowering them on their journey towards a secure financial future.

/startups

Marketplace payment startup backed by BNP Paribas, 1Point6, signs first customer

1POINT6, formerly Panto, announces that it has obtained payment agent status and signed its first customer less than 6 months after its co-creation by BNP Paribas and Studio 321 (October 2023).

/startups

Mastercard enhances fintech programmes

Mastercard is enhancing the Engage program and Fintech Express platform, making it even easier for fintechs and enablers to partner with Mastercard1 to quickly build and deploy solutions globally.

/startups

Coffee shop payments startup Dripos raises $11 million

Dripos, a comprehensive software platform built specifically for coffee shops, is thrilled to announce its $11 million Series A funding round, led by Base10.

/startups

Conversational AI insurtech PeppercornAI raises £3.25m

Insurtech PeppercornAI has raised £3.25 million in its latest funding round. The funding, of which Wealth Club raised £1.9m, included high net worth investors, existing investors EHE Capital and Angels Invest Wales.

/startups

Retirement savings startup 401GO raises $12 million

401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital. Additional investors include Rally Ventures, who joined existing investors Impression Ventures, and Stout Street Capital that participated in the new investment.

/startups

14Peaks closes $30 million fintech and future of work venture fund

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States.

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