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Latest Results from /startups

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Rakuten to merge fintech units

Japanese financial services conglomerate has announced plans to consolidate its various fintech divisions into a single unit.

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ValidMind raises $8.1m for AI risk management platform

ValidMind, an AI and model risk management platform for financial services, has raised $8.1 million in seed funding.

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Worldcoin banned in Portugal over privacy concerns

Worldcoin, the crypto biometric project fronted by OpenAI boss Sam Altman, has been temporarily banned in Portugal over data privacy concerns.

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Ireland’s fintech funding slumps

2023 saw a 94% decline in funding for Irish fintechs, according to recently published research.

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The British Business Bank to provide £660m to startups

The British Business Bank has announced its Northern Powerhouse Investment Fund II providing a £660m fund to small businesses in the North of England.

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UK fintech to be elevated to 'ubiquitech' with Smart Data Roadmap, new report reveals

Chair of the Ubiquitech Group Dr. Ruth Wandhöfer has released a report offering practical recommendations for bolstering a digital economy that builds trust, provides access to sustainable infrastructure and secure data highways, and accelerates digital inclusion and education.

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BuildMyCreditScore users see credit scores surge in months

UK open banking-powered startup BuildMyCreditScore says users have seen an average 52 increase in their credit scores in the first three months.

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NextGen Nordics 2024: Top Nordics payments stories you’ve missed this year

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics and much more.

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Self-proclaimed "next-generation UBS" Onyx Private closes client accounts

US digital banking startup Onyx Private is closing customer accounts in a strategic pivot to a B2B business model.

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Monzo mafia form startup to make coders extinct

The Monzo mafia are back in business, with former co-founder Jonas Templestein and ex-VP of architecture Oliver Beattie on the hunt for funds for a new startup that aims to build generative AI coding tools.

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Blockchain payment network Zone raises $8.5 million

African blockchain payment network, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.

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EBAday 2024: Calling early-stage startups to showcase products

The 19th edition of EBAday, the largest annual European event for payments and transaction banking, will return on 18th – 19th June 2024 at CCL in Lisbon, Portugal.