Start ups - Announcements, News, Articles & Research: Finextra

Lloyds bank invests £3m in proptech startup

Lloyds Banking Group has invested £3 million in Coadjute, an innovative fintech designed to connect all parties involved in the homeownership journey.

02 April 2024

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Fintech Innovation Lab New York names 2024 class

Ten emerging technology companies have been selected to participate in the 2024 FinTech Innovation Lab New York, a 12-week program founded and run by Accenture and the Partnership Fund for New York City that helps early- and growth-stage fintechs accelerate product and business development through in-depth engagement with top financial services and venture capital executives.

28 March 2024

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PayPal invests in Indonesian insurtech Qoala

Omnichannel InsurTech Qoala announced the completion of its Series C funding round, raising USD 47 million led by PayPal Ventures and MassMutual Ventures.

27 March 2024

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Connected infrastructure startup peaq raises $15m

peaq, the blockchain for real-world applications and machines, announces raising $15 million in a pre-launch multi-tranche funding round led by Generative Ventures and Borderless Capital with the participation of Spartan Group, HV Capital, CMCC Global, Animoca Brands, Moonrock Capital, Fundamental Labs, TRGC, DWF Labs, Crit Ventures, Cogitent Ventures, NGC Ventures, Agnostic Fund, Altana Wealth, and others.

27 March 2024

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UK wealth-building app Belong emerges from stealth

Belong – a new wealth-building platform has launched today after securing £2.95m in pre-seed funding – the largest pre-seed round ever raised by female founders in Europe.

25 March 2024

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Ameetee raises $1 million

Ameetee, a fintech startup, has raised a $1 million seed round to launch the first B2B fintech platform that provides financial institutions with a universal solution to offer their customers investment in private companies in the form of transferable securities. Since its launch in 2023, the platform’s turnover has reached $12 million, Ameetee signed contracts with several institutional clients, and offered investment opportunities in such companies as Bayzat, Klarna and Alto Pharmacy. The funding was backed by a group of business angels, including Jamie Karraker, founder of Alto Pharmacy, unicorn, and will be used to develop a marketplace where these securities can be traded and to launch the first educational course for banks and brokers lacking knowledge on how to invest in private companies.

22 March 2024

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AccessPay secures $24m in funding

AccessPay, the leading bank integration provider, today announced that it has closed its strategic funding round at $24 million with a combination of equity and debt.

21 March 2024

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DBS Bank India announces USD 250 million lending support for start-ups

DBS Bank India announced a lending commitment of USD 250 million for new-age startups today. The initiative is part of the bank's focus on fostering innovation and entrepreneurship within the country's thriving startup ecosystem.

20 March 2024

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Stax Payment founders launch AI-powered credit underwriting platform Worth AI

Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.

19 March 2024

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FIS taps accelerator alumnus Stratyfy to boost card fraud detection with AI

Global financial technology leader FIS (NYSE: FIS) has today announced that its SecurLOCK card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy.

18 March 2024

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Next-gen fintech consultancy Finkr opens for business

Today marks the official launch of Finkr, a next-generation consultancy dedicated to reshaping the fintech landscape through visionary strategy and cutting-edge technology.

18 March 2024

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Fintech Australia makes new leadership appointments

As Australia's second highest funded industry raising more than $6 billion since 2020 but only $330m last year in fintech startup funding, FinTech Australia is committed to support and propel the industry through its next stage of growth.

18 March 2024

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