Latest Start ups News: Finextra Research

PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

In an attempt to grow the use of the cashless economy, operator of Nigeria's most used mobile wallet PalmPay has partnered with African e-commerce giant Jumia.

20 December 2024

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10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

13 December 2024

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Islamic fintech startup Ayan Capital secures £2.6 million in equity funding

Ayan Capital, a London-based Islamic fintech, has secured £2.8 million in equity funding to expand halal car finance and other Islamic finance products in the UK.

11 December 2024

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Berlin-based WealthTech startup NAO raises €3.4 million

Berlin-based WealthTech startup NAO has raised €3.4 million in a seed funding round from various family offices, private investors and existing investors, including FinTech veteran Jakob Schreyer and VC Zeitgeist X Ventures.

09 December 2024

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NatWest launches Fintech Growth Programme

NatWest Group is launching a Fintech Growth Programme, to help startups to lean on the resources, expertise and networks of an established high-street bank to help them scale-up and drive the bank's innovation pipeline.

05 December 2024

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Finextra and the Euro Banking Association invite startups to join the EBAday Fintech Zone

EBAday 2025, the annual summit for the leading payments and transaction banking executives hosted by the Euro Banking Association (EBA) and Finextra, has opened applications for its Fintech Zone.

03 December 2024

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Savings and mortgage platform Tembo raises £14m

London-based digital savings and mortgage platform Tembo has raised £14 million in a Series B funding round led by Goodwater Capital.

02 December 2024

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‘Every company will become a climate company’ – Lune, EBAday 2024 Fintech Zone winner

Earlier this year, Finextra announced Lune, a climate-positive company providing API and software tools, had won the FinTech Zone award at EBAday 2024. The award is presented to companies that have shown true innovation and an ability to deliver a capable solution to a current issue in finance and banking. A few months on from this year's event, Lune is still making strides towards a better, more streamlined climate process for its clients.

29 November 2024

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Former Revolut duo launch banking on blockchain startup

Two ex-Revolut employees have raised $2.3 million in pre-Seed funding to build Bleap, a self-custodial stablecoin app with an accompanying debit card.

28 November 2024

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Fintech hiring compensates for declining demand among banks for risk and compliance roles

The UK job market for risk and compliance roles is undergoing a significant transformation, with the fintech sector leading the charge.

28 November 2024

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No-code payment orchestrator Norbr raise €3 million

Norbr, an Amsterdam-based Payment Infrastructure as a Service (IaaS) provider, has raised €3 million in funding, led by Alstin Capital as the lead investor, with participation from existing backer, Portfolion.

27 November 2024

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Citi invests in mortgage infrastructure platform Pylon

Citi has invested in programmatic mortgage infrastructure provider Pylon. Financial terms were not disclosed.

26 November 2024

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