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Latest Results from /startups

/startups

HSBC makes $1billion available for climate tech companies

HSBC has announced that it plans to offer $1bn of financing to early-stage climate tech companies around the world.

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Santander commits to €100 million fund for Spanish startups

The bank plans to contribute €67 million to the €100 million venture debt fund that will be created with Inveready Asset Management.

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Irish fintechs bemoan lack of state support

Innovation within Ireland's banking sector has been hindered by a lack of government funding, claims a newly published report.

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ING to sell 85% stake in fintech spin off Cobase to Alpha Group

UK-based Alpha Group is to acquire 85% of Cobase, an ING-nurtured fintech that enables corporates to manage their banking relationships, accounts and transactions in one interface.

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Caliza launches in Brazil to help banks and fintechs provide access to US economy

Caliza, a startup offering banks and fintechs an API that lets their customers save and transact in US dollars, has launched in Brazil with $5.3 million in seed funding.

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Australian fintech Joust lays off staff as it looks for buyer

Australian online home loan marketplace is looking for a potential buyer, laying off staff and restructuring its sales process.

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Kroo bids for £70 million Series C funding round

UK digital bank Kroo is approaching investors for a £70 million funding round with the goal of reaching profitably within two years of its launch in December 2022.

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UK startup Perenna secures banking licence from the FCA and PRA

Mortgage lender Perenna has become the first UK startup to receive an unrestricted banking licence in 2023.

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Nigerian BaaS startup Anchor raises $2.4 million

Nigerian Banking-as-a-Service platform Anchor has raised $2.4 million in seed funding from a number of prominent investors, including Goat Capital, FoundersX and Rebel Fund, alongside existing backers Y Combinator and Byld Ventures.

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African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

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Anthony Thomson launches acceleration partner for fintech startups

Having co-founded a gaggle of challenger banks, serial entrepreneur Anthony Thomson is launching an "acceleration partner" to help scale fintech startups.

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Turkish payments platform Craftgate scoops £1 million investment

Istanbul-based payments orchestration platform Craftgate has recived a $1 million investment from Turkish e-commerce platform Hepsiburada and UK VC D4 Ventures.