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Conversational AI insurtech PeppercornAI raises £3.25m

Insurtech PeppercornAI has raised £3.25 million in its latest funding round. The funding, of which Wealth Club raised £1.9m, included high net worth investors, existing investors EHE Capital and Angels Invest Wales.

/people

MyPOS welcomes Mario Shiliashki as CEO

myPOS, one of the UK and Europe's largest providers of payments, accounts and card solutions for small merchants and sole traders, is delighted to announce the appointment of Mario Shiliashki as Chief Executive Officer.

/payments

Veritran joins Swift partner programme

Veritran today announces a collaboration with Swift, the world’s leading provider of financial messaging services, that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience to their customers.

/regulation

Finance in Motion and Napier AI partner on AML for secure impact investments

Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion.

/markets

FxGrow selects trading tech from Integral

Integral, a leading currency technology provider to the financial markets, announced today that global trading platform and brokerage firm FxGrow has chosen Integral’s SaaS workflow solutions to enhance its technology infrastructure.

/regulation

PayU gets RBI approval to operate as payment aggregator

PayU, one of India’s leading digital financial services providers, today announced that it has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA) under the Payment Settlements Act, 2007. With this approval, PayU can start onboarding new merchants on its platform.

/payments

Ouro partners Bnext as strategic issuer for European expansion plans

Ouro, a global consumer financial services and technology innovator, and Bnext, a pioneering Spanish fintech, today announced a strategic partnership designating Bnext as Ouro’s strategic issuer in Europe for Ouro’s portfolio of consumer financial brands and products.

/startups

Retirement savings startup 401GO raises $12 million

401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital. Additional investors include Rally Ventures, who joined existing investors Impression Ventures, and Stout Street Capital that participated in the new investment.

/sustainable

Zero Circle and Epic River form green financing alliance

Epic River and Zero Circle today unveiled an alliance to integrate their digital platforms, aiming to accelerate the process of securing green financing.

/payments

Nium signs MoU with Indonesian payments operator Artajasa

Nium, the global leader in real-time cross-border payments, today announced it will sign a partnership Memorandum of Understanding (MOU) with Artajasa, one of Indonesia’s leading payment infrastructure companies.

/markets

River Global picks Bloomberg to streamline front-to-back workflow

Bloomberg announced today that River Global, a UK-based investment manager with approximately £2.8bn in AUM (as of 31 March 2023), has selected an integrated suite of Bloomberg Solutions as its new tech-stack to support front-to-back office investment workflows.

/wholesale

Property lender Together selects nCino for digital upgrade

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Together, one of the UK’s leading property lenders, has selected nCino’s Cloud Banking Platform to revolutionise and future-proof its business.

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