Latest Start ups News: Finextra Research

Australian pay by bank startup Waave raises $4.7 million

Waave, an Australian open banking startup for account-to-account payments, has closed a $4.7 million seed round backed by Menulog managing director Morten Belling and e-commerce investor Paul Greenberg

20 April 2023

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Triver raises £7 million to provide SMEs with instant capital

Triver, a London-based startup that uses open banking data and AI to provide short-term working capital to SMEs, has raised £7 million in seed funding.

19 April 2023

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AI-powered SMB credit advisor raises $3.5m

AI-powered SMB credit advisor startup Charm Solutions has raised $3.5 million in a seed round led by BootstrapLabs.

19 April 2023

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IFGS 2023: FCA and NayaOne partner on permanent digital sandbox

Jessica Rusu, chief data, information and intelligence officer, FCA took to the stage at Innovate Finance Global Summit, held at the Guildhall in London, to discuss the role of regulation in protecting both the public and the industry's infrastructure.

17 April 2023

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Yonder secures £62.5 million in Series A funding

Rewards credit card startup Yonder has secured £12.5 million in equity and a £50 million credit line to scale operations.

17 April 2023

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HSBC hires ex-SVB bankers to focus on US ‘innovation economy’

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.

14 April 2023

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Puulse unveils financial services platform for freelancers

A new app for freelancers, called Puulse, has launched in the UK and Europe, providing free advance payments for gig workers experiencing a productivity lull.

13 April 2023

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UK payments startup Ryft wins FCA licence

Ryft, a UK startup hoping to emulate the success of Stripe, has received an FCA licence following its £1.2 million seed raise in September.

11 April 2023

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Portrait Analytics raises $3m for generative AI investment research platform

Portrait Analytics, the startup behind a generative AI research platform for investment analysts, has raised $3 million in pre-seed funding led by .406 Ventures.

06 April 2023

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Tandem acquires money sharing app co-founded by chairman Paul Pester

Tandem Bank has acquired Loop, a money sharing app co-founded by the bank's chairman Paul Pester.

05 April 2023

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Finanzguru raises €13 million in a funding round led by PayPal and Scor Ventures

German financial management app Finanzguru has raised €13 million led by new investors Scor Ventures and PayPal Ventures, with participation from existing backers including Deutsche Bank, coparion, VR Ventures, Hannover Digital Investments, Venture Stars and former Postbank CEO Frank Strauss.

05 April 2023

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SEC charges Frank founder with fraud over sale to JPMorgan Chase

The founder of Frank, a now shuttered college financial planning platform that was sold to JPMorgan Chase for $175 million, has been charged by the SEC with fraud.

04 April 2023

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