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Latest Results from /startups

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Fintech funding slides to 7-year low

Global funding in the fintech sector has fallen to its lowest level since 2017, according to newly published research.

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SC Ventures and NEXT176 partner up to launch financial wealth platform

Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.

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David Birch confirmed as EBAday 2024 challenge speaker

Exploring digital money, digital assets, digital identity and the future of banking, David G. W. Birch has been confirmed as the keynote speaker for one of the most compelling sessions at EBAday every year.

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EY to triple sustainable finance team in Dublin to accelerate ESG goals

A new innovation hub will be opened in Dublin to support global financial institutions push forward with meeting environmental, social and governance (ESG) regulatory and reporting requirements.

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Sweden's Scayl raises €100m to address fintech lending gap

Swedish startup Scayl, a debt financing platform based in Stockholm, has raised €100M to address a lending gap in the fintech sector.

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Rakuten to merge fintech units

Japanese financial services conglomerate has announced plans to consolidate its various fintech divisions into a single unit.

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ValidMind raises $8.1m for AI risk management platform

ValidMind, an AI and model risk management platform for financial services, has raised $8.1 million in seed funding.

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Worldcoin banned in Portugal over privacy concerns

Worldcoin, the crypto biometric project fronted by OpenAI boss Sam Altman, has been temporarily banned in Portugal over data privacy concerns.

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Ireland’s fintech funding slumps

2023 saw a 94% decline in funding for Irish fintechs, according to recently published research.

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The British Business Bank to provide £660m to startups

The British Business Bank has announced its Northern Powerhouse Investment Fund II providing a £660m fund to small businesses in the North of England.

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UK fintech to be elevated to 'ubiquitech' with Smart Data Roadmap, new report reveals

Chair of the Ubiquitech Group Dr. Ruth Wandhöfer has released a report offering practical recommendations for bolstering a digital economy that builds trust, provides access to sustainable infrastructure and secure data highways, and accelerates digital inclusion and education.

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BuildMyCreditScore users see credit scores surge in months

UK open banking-powered startup BuildMyCreditScore says users have seen an average 52 increase in their credit scores in the first three months.