clear
clear

Latest Results from /startups

/startups

Kudos raises $10.2m for AI-powered smart wallet

Kudos has raised $10.2 million in a Series A funding round led by QED Investors for its AI-powered smart wallet and shopping assistant.

/startups

Wefox warns shareholders of insolvency

Insurance unicorn Wefox has warned investors that it may soon face insolvency due to financial losses and regulatory charges.

/startups

Mastercard picks new batch of crypto and blockchain Start Path firms

Mastercard has welcomed five new firms to its Start Path startup programme specifically for firms in the cryptocurrency and blockchain space.

/startups

European fintechs expect to grow business in next year

Optimism is returning to Europe's fintech sector, suggests new research from MHP Group which shows that more than three quarters of firms expect their business to grow in the next 12 months.

/startups

CommBank's x15 Ventures rolls out Truyu digital ID app

In the week that the Australian Federal Government committed $288 million to advance digital ID and tackle identity theft, CommBank's venture scaler unit x15Ventures has developed Truyu, an app that alerts users when there credentials are at risk of being misused by fraudsters.

/startups

'Neobank in a box' startup Fintech Farm raises $32 million

Fintech Farm, a London-based startup that helps banks in emerging markets to launch all-digital neobanks, has raised $32 million in funding.

/startups

RBC launches incubator

The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.

/startups

Q1 sees almost 500 fintech deals

There were nearly 500 fintech financing and M&A deals in the first quarter of 2024, with insurtech, crypto and blockchain proving hot areas, according to data from Royal Park Partners (RPP).

/startups

Revolut vets launch crypto exchange

A group of former Revolut staffers have raised $6.5 million for hybrid cryptocurrency exchange X10.

/startups

Gideon Valkin launches $12 million fund to back Europe’s fintech Mafia

Gideon Valkin – formerly of Monzo, ClearScore and Entree Capital – has closed on a $12 million fintech venture fund, Adrena Ventures, and made his first investment in Nustom, an AI startup founded by Monzo’s co-founding CTO Jonas Templestein.

/startups

Pomelo raises $35m for credit-building remittance product

US startup Pomelo has raised $35 million in a Series A funding round for its credit-building remittance app and card.

/startups

Allica Bank reports first profitable year

SME challenger bank Allica has achieved its first full year of profit just three years since opening its doors to lending.