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Latest Results from /startups

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Brazil's Matera raises $100m from Warburg Pincus for US push

Matera, a Brazilian fintech that has become a significant part of the country's Pix instant payments ecosystem, is targeting North America after securing $100 million in investment from Warburg Pincus.

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JP Morgan invests in B2B payments platform Slope

JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.

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13books Capital raises £121 million fintech fund

Amid a challenging fundraising environment, London VC 13books Capital has closed a new £121 million fund to invest in the founders building tomorrow’s fintech businesses.

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Anne Boden quits Starling for new AI venture

Starling Bank founder Anne Boden has quit the board of the challenger bank to pursue a new AI venture.

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AWS announces generative AI service to create apps

Named AWS App Studio, financial institutions, fintech firms and virtually any organisation are now able to build an application that could have taken a professional developer days to create from scratch, but in minutes.

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Mobile bank TBC Uzbekistan receives $15m from EBRD and IFC

Based in Central Asia, digital banking provider TBC Uzbekistan is a subsidiary of London-listed TBC Bank Group.

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Brokerage-as-a-service platform lemon.markets raises €12m

Berlin-based brokerage-as-a-service platform lemon.markets has raised €12 million in a funding round led by CommerzVentures.

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UK fintech investment down 37% in H1 2024

The ongoing deline in fintech investment continues in the first half of 2024 but shows signs of bottoming out, acccording to new figures from Innovate Finance.

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Ethos partners Thought Machine for Shariah-compliant banking services

A new digital financial services provider, called Ethos, has launched in the UK to offer Shariah-compliant services to Muslims.

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Currensea smashes crowdfunding target

Travel debit card Currensea has raised over £1.7m from 760 investors in just four hours on crowdfunding platform Seedrs.

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Chime buys enterprise employee rewards platform Salt Labs

Digital banking giant Chime has acquired employee rewards startup Salt Labs. Financial terms of the deal were not disclosed.

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'Fintech leaders need to be vocal advocates for diversity and inclusion' says PPRO CEO

Pride month is coming to a close, with the main celebrations continuing into this weekend in London. Pride is about much more than parades, parties, and rainbows. It is about the practical process of acceptance and inclusion of LGBTQIA+ identities, even in the fintech workplace.