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Latest Results from /startups

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UK fintechs Bloom Money and SuperFi close seed rounds

Bloom Money, a UK startup offering financial services to immigrants has raised £1 million in pre-seen funding. Separately, another UK startup, SuperFi, has secured $1 million in pre-seed funding for its debt prevention platform.

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JP Morgan backs new Tifin AI-powered wealth management charge

JP Morgan is investing in a new AI-focused venture from Tifin, an umbrella group operating a host of wealth management fintech businesses.

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EToro constructs fintech portfolio

EToro has constructed a passive investor portfolio composed solely of shares in 40 leading fintech companies.

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Spanish banks form fraud fighting JV

Banco Santander, BBVA and CaixaBank have set up a company that will see the Spanish lenders share data that will help tackle financial crime.

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Bank of India opens startup-focused branches

Bank of India has opened three branches dedicated to serving the country's startup companies.

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Sam Altman's Worldcoin project launches

Worldcoin, Sam Altman's project to build an identity and financial network by giving away free crypto tokens to people who agree to get their irises scanned, has launched in several cities around the world.

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Mediobanca invests €12 million in London fintech incubator

Mediobanca has joined with Founders Factory, the London-based global company builder and early-stage investor, to launch a new fintech venture studio and accelerator, underpinned by an overall €12 million investment from the Italian investment bank.

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FCA implements permanent Digital Sandbox

The UK's Financial Conduct Authority has implemented a permanent Digital Sandbox, making the testpad available full-time for firms wanting to try out innovative technologies.

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Exploring the impact of innovation on neobanks

As a part of the Temenos Community Forum, Finextra sat down with chief commercial officer of APAC at Temenos, Craig Bennett, and CEO of Alex Bank, Simon Beitz, to discuss the impact of the cloud on the development of neobanks in the APAC region.

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Egyptian payments startup Flash picks up $6 million seed investment

Flash, an Egyptian startup offering cashless transactions to businesses via QR Codes, has closed a $6 million seed funding round.

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Shift sustainability behaviour through positive reinforcement - ekko

Discussing the rise of sustainable fintechs and demand for greener financial services, founder and CEO of Embedded Sustainability provider ekko, Oli Cook, speaks to how the payments industry has a role to play in sustainable decision making.

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UK fintechs fear for their future

The UK’s fintech sector faces an uncertain future, with almost half of firms flagging the potential risk of failure by the end of 2023, according to new research commissioned by business advisory firm FRP.