Latest Results from /wholesale
/wholesale
European fintech lending startups have racked up over €11 billion in debt facilities in 2023 but many are running unviable models and will never become profitable, claims a report from credit fund WinYield.
16 November 2023
The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.
Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.
The Monetary Authority of Singapore is to commence a new series of asset tokenization pilots in collaboration with 17 international banks.
15 November 2023
Revenue-based investing marketplace Levenue has raised €8 million in a Series A funding round and acquired bank transaction enrichment expert Cake.
Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has raised £77.7 million in a Series B funding round co-led by Goldman Sachs and BNP Paribas.
14 November 2023
Co-branded credit card provider Imprint has raised $75 million in Series B funding.
Nearly 50 countries - including the US, UK, Brazil and Japan - have signed up to new standards starting in 2027 designed to combat cryptocurrency tax evasion.
13 November 2023
Private investment management platform Arch has raised $20 million in a Series A funding round led by Menlo Ventures.
10 November 2023
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.
09 November 2023
Nearly half of all banks are looking to buy majority stakes in fintechs to fend off the threat from Big Tech companies muscling into the payments arena, according to an Economist Impact report.
08 November 2023
Black Ore, a startup developing AI tools for financial services firms, has emerged from stealth with $60 million in financing led by a16z and Oak HC/FT, with participation from a host of big-name angel investors.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.