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Brightwave raises $6m for AI-powered financial research assistant

Brightwave, the AI-powered financial research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding.

/startups

Mastercard for Fintechs programme launches to back European startups

Mastercard has today announced the launch of ‘Mastercard For Fintechs’, the company’s new program designed to support fintechs across Western Europe, equipping them with the tools and expertise to drive ongoing growth and propel them to the next level.

/startups

Mena Fintech Association establishes Qatar Committee

The MENA Fintech Association, the premier not-for-profit organization dedicated to serving fintech startups and established players across the Middle East and Africa, is excited to announce the establishment of its Qatar Committee.

/startups

ORO Bank launches, powered by Finastra

Finastra announced today that its technology is powering ORO Bank. The new cloud-first institution serves individuals and businesses in Bhutan, and around the world, with a specific focus on providing safe, innovative and sustainable banking.

/startups

Prosper embarks on crowdfunding campaign

Founded by Nick Perrett of digital bank Tandem, Ricky Knox of Tandem and Azimo, and Phil Bungey of Nutmeg, new WealthTech platform Prosper is offering an alternative to how people save and invest.

/startups

Saudi spend management startup SiFi raises $10 million

Simplified Financial Solutions Company (SiFi) announced the closing of its $10M seed round.

/startups

Applications open for TSB and FinTech Scotland's Innovation Labs programme

TSB is taking applications for fintechs to participate in its fourth Innovation Labs programme as the bank and Fintech Scotland encourage the next cohort of fintech collaborators.

/startups

Payments vets launch USD stablecoin

Today, Fintech company Stable.com announced the launch of USD3, its 1:1 backed stablecoin, declaring its determination to disrupt the current stablecoin landscape and bring serious competition to existing industry players.

/startups

Danish fintech startup ZTLment raises €2.4 million in pre-seed funding round

Copenhagen-based fintech startup, ZTLment, has made waves as the first in Europe to pioneer compliant wallet infrastructure on decentralized rails for ordering- and booking platforms.

/startups

Orca Fraud raises $550k in pre-seed round

Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud, has raised a $550,000 pre-seed round. The money raised will be used to build simple, yet effective fraud prevention tools and iterate with customers in South Africa.

/startups

Finout raises $26 million Series B

Finout, the FinOps-for-enterprise company, announced a $26.3 million Series B funding round led by Red Dot Capital with the participation of Maor Investments and existing investors - Team8, Pitango, and Jibe Ventures. Finout’s complete FinOps platform is now used by leading global brands, including Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsflyer, to optimize cloud expenditure and allocate costs across all cloud providers and services. The funding brings the total raised by Finout to $45 million.

/startups

Australian-owned wealthtech HeirWealth launches

New Australian wealthtech, HeirWealth, will officially launch in Sydney today to help families experience more organised and harmonious intergenerational wealth transfers.

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