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Latest Results from /startups

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Lloyds invests £10 million in digital ID firm Yoti

Lloyds Banking Group has invested £10 million in digital identity company Yoti, marking its second fintech investment of 2023.

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Payroll and benefits fintech Catch shuts down

Personal payroll and benefits fintech Catch is shutting down after admitting it is not the one to topple a "trillion dollar ecosystem".

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'Try-before-you-buy' payments startup Elyn raises €2.5 million

French 'try-before-you-buy' startup Elyn has raised €2.5 million in a pre-seed funding round led by Headline and Sequoia Arc.

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UK BaaS platform Griffin becomes a bank

UK Banking-as-a-Service platform Griffin has been authorised as a UK bank subject to restrictions.

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Brazilian B2B payments platform Barte raises $3m

Brazilian business-to-business payments platform Barte has raised $3 million in a seed funding round.

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Smart lending fintech Abound raises £500 million

Abound, a UK-based fintech that uses a combination of open banking and artifical intelligence to offer better loan deals to consumers, has raised £500 million in a mixture of debt and equity finance.

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Fintech deals in Singapore reach record levels

Singapore's fintech sector enjoyed a mixed year in 2022, with a record level of activity but a significant drop in the level of funding, according to recently published data.

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Financial Cloud Summit 2023: ChatGPT says banks should be multi-cloud

Cloud migration is a major part of the financial industry today; traditional banks and emerging fintechs are in process of transitioning online to cloud services to become scalable, agile, and operate at a higher level.

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Financial Cloud Summit 2023: Exponential change is coming

Kicking off Finextra’s inaugural Financial Cloud Summit, former Dragon’s Den dragon Piers Linney, entrepreneur and investor, founder and CEO of Moblox, set the scene for the day, focusing on cloud strategy, migration and optimisation.

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Fintech growth quango CFIT launches in Leeds

The Centre for Finance, Innovation and Technology (CFIT), a UK quango charged with unblocking barriers to growth for fintech, has opened a National Hub in Leeds.

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Climate tech startup Pelt8 raises funds

Pelt8, a Swiss climate tech startup helping businesses manage their sustainability-reporting needs, has raised CHF0.5 million in pre-seed financing.

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Payments intelligence firm Pagos raises $34m

Pagos, a payments intelligence startup founded by Braintree and PayPal vets, has raised $34 million in a Series A round led by Arbor Ventures.