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Barclays invests in WealthOS

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Barclays invests in WealthOS

Barclays has led a £2 million seed funding round for WealthOS, a cloud-native and API-driven core wealthtech startup.

Ex-Revolut leaders build digital wallet

/startups

Ex-Revolut leaders build digital wallet

A group of former Revolut, Coinbase and Spotify staffers have unveiled Zeal, a digital wallet for managing crypto and interacting with web3 and decentralised finance apps.

Irish association calls for national fintech centre

/startups

Irish association calls for national fintech centre

A lobby group representing Ireland's financial services sector has called on the government to establish a physical centre for fintech firms.

EC makes supercomputers widely accessible to foster AI development

/startups

EC makes supercomputers widely accessible to foster AI development

The European Commission has opened access to EU supercomputers to bolster AI development and push AI initiatives.

Revenue-based investing marketplace Levenue raises €8m

/startups

Revenue-based investing marketplace Levenue raises €8m

Revenue-based investing marketplace Levenue has raised €8 million in a Series A funding round and acquired bank transaction enrichment expert Cake.

Tenity buys startup accelerator Hackquarters

/startups

Tenity buys startup accelerator Hackquarters

Tenity, an early-stage investor in fintech and insurtech firms that has also built up an "innovation ecosystem", has acquired Hackquarters, a startup accelerator with a strong presence in fintech.

Stripe vets launch AI-powered wealth management platform

/startups

Stripe vets launch AI-powered wealth management platform

Technology veterans with stints at Stripe and Square on their CVs have raised $3.1 million for a new AI-powered wealth management platform.

Private investment management platform Arch raises $20m

/startups

Private investment management platform Arch raises $20m

Private investment management platform Arch has raised $20 million in a Series A funding round led by Menlo Ventures.

Lanistar adds ex-minister Williamson to advisory board; breaks with Modulr

/startups

Lanistar adds ex-minister Williamson to advisory board; breaks with Modulr

Former UK government minister Gavin Williamson has been cleared to take up a position on the advisory board of fintech Lanistar. Separately, the startup, which has previously found itself in hot water with the FCA, has ended its Electronic Money Directive (EMD) agent relationship with Modulr.

Payments app Cardeo shuts down

/startups

Payments app Cardeo shuts down

UK credit card management app Cardeo is closing its doors after failing to find fresh investment to keep the firm afloat.

SC Ventures and SBI Holding set up $100m digital asset investment fund

/startups

SC Ventures and SBI Holding set up $100m digital asset investment fund

Standard Chartered's venture arm SC Ventures has joined forces with Japan's SBI Holdings to set up a digital asset joint venture investment company in the UAE.

Danish wealthtech startup Performativ snags €5.5 million

/startups

Danish wealthtech startup Performativ snags €5.5 million

Danish wealthtech startup Performative has snagged €5.5 million in a seed round led by FinTech Collective.

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