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Monnai Raises $6.5M in a Series A Round Led by Tiger Global

Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.

Better Tomorrow Ventures, 500 Global and Emphasis Ventures joined the round for Monnai, which has set itself the mission of becoming the "single source of truth for fintech decision-making globally".

The startup's platform integrates the increasing number of disparate data sources across the globe and provides its fintech customers with tools to navigate rising fraud and evolving regulatory landscapes. 

Monday, March 13, 2023 - 10:08
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Financial IT
ID-Pal Expands into the United States with Identity Verification Solution

Leading Irish identity verification solution ID-Pal, today announced its official launch into the US market to meet the demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is building on ID-Pal’s success in serving both SMEs and enterprises across over 30 industries with simple, secure, and convenient identity verification.

Monday, March 13, 2023 - 09:41
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/news/digital-identity/id-pal-expands-united-states-identity-verification-solution
Financial IT
APEXX Global Raises $25M to Expand its Presence in North America and Enhance its Leading Payment Orchestration Platform

APEXX Global (‘APEXX’), the leading global payments orchestration platform, has raised $25m from existing and new investors, closing its Series B  round. The funds will be used to develop APEXX’s products and technology and to expand its presence in North America. 

Monday, March 13, 2023 - 09:38
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/news/fundraising-news/apexx-global-raises-25m-expand-its-presence-north-america-and-enhance-its
Financial IT
QuantCube Launches Industrial Production Indicator

Alternative data specialist QuantCube Technology today announced the availability of the QuantCube Industrial Production Indicator (IPI) nowcast – providing a daily update on industrial production output in the U.S. market. The indicator measures year-on-year changes in outputs from the manufacturing, mining, electricity and gas industries to provide insights into total industrial production, a key driver of GDP.   

Monday, March 13, 2023 - 09:33
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/news/data/quantcube-launches-industrial-production-indicator
Financial IT
UK-based KYB Platform Detected Launches in the US to Support Increasing Demand

London-founded fintech Detected has announced its expansion into the US market. The company, which provides a global end-to-end KYB platform, has established a US entity to better serve its American clients.

Monday, March 13, 2023 - 09:29
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/news/aml-and-kyc/uk-based-kyb-platform-detected-launches-us-support-increasing-demand
Financial IT
Intellect Launches eMACH.ai, the World’s Largest Open Finance Platform to Empower Banks to Design and Operate Future-ready Technology Solutions for their Market Leadership

Intellect Design Arena, a multi-product FinTech company launched eMACH.ai, a revolutionary cloud-native and future-ready open finance platform with embedded artificial int

Monday, March 13, 2023 - 09:25
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/news/open-banking/intellect-launches-emachai-worlds-largest-open-finance-platform-empower-banks
Financial IT
Department for Business and Trade North America Roadshow Concludes with Headline Session from Encompass

The Department for Business and Trade (DBT) ended its North America Roadshow 2023 in Glasgow on Friday, concluding a 12-day tour of 12 UK cities to promote export deals between the UK and US.

Monday, March 13, 2023 - 09:16
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/news/infrastructure/department-business-and-trade-north-america-roadshow-concludes-headline-session
Financial IT
CBDC Transactions to Exceed $213 Billion by 2030 Globally, as New Payment Models Accelerate Financial Inclusion

The new study from Juniper Research, foremost experts analysing the fintech & payments market today, found the value of payments via CBDCs (Central Bank Digital Currencie

Monday, March 13, 2023 - 09:11
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/news/money-transfers/cbdc-transactions-exceed-213-billion-2030-globally-new-payment-models
Financial IT
Payhawk Releases New Emergency Credit Card Line for US and UK Customers with Zero-interest Rate

Payhawk, the leading spend management solution for domestic and international businesses throughout Europe, US and UK is today launching a new emergency Visa credit card for businesses with zero-interest rate and 60 days payment terms available to businesses in the US and UK.

Monday, March 13, 2023 - 09:07
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/news/credit-cards/payhawk-releases-new-emergency-credit-card-line-us-and-uk-customers-zero-interest
Financial IT
Banking Aggregation and Payment Automation Platform Numeral Launches in the UK

Numeral announces its launch in the UK, with the support of SEPA, Bacs, and FPS payments for UK fintech companies. The news follows integrations with UK banks Lloyds bank, Barclays, and HSBC as well as the recent appointment of Victor Mithouard as Vice President, Growth, and the company's first executive in the UK.

Monday, March 13, 2023 - 09:02
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/news/banking/banking-aggregation-and-payment-automation-platform-numeral-launches-uk
Financial IT

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