TreasurySpring, the London-based financial technology company that operates the world’s first Fixed-Term Fund platform today announced the closing of its latest capital raise, securing more than $10m of new investment in a round that was co-led by MMC Ventures and Anthemis Group, with participation from existing investors, including ETFS Capital. The company has now raised more than $15m since its first external capital injection in November 2017.  

Fintech Week London is taking place at a number of select venues in London and online between 12th and 16th July 2021.Celebrating some of the biggest and most exciting names in the sector, the event comprises a two-day conference, breakout sessions, an award ceremony and a long-awaited industry party.The first physical event of its kind for some time, FintechWeek London will also be live streamed for those unable to be present on-site, providing online intelligent matchmaking and networking.For those ready to meet in person again, and for

Commenting on the ECB Monetary Policy Statement and maintaining a dovish tone, Jesus Cabra Guisasola, Associate at Validus Risk Management, said: “As most market participants expected, the ECB maintained its dovish tone and decided to leave its ultra-loose policy unchanged by keeping the current PEPP purchases at the fastest pace for the third quarter of 2021."

Cashflows, the platform that makes it easy for merchants to accept payments, today announces new partnerships with IMX Software and eDynamix. Cashflows will enable the businesses to extend their payment offerings and enhance user experience in the financial services and automotive sectors respectively.

Alicorn Global Ventures (“Alicorn”), which invests in late-stage technology companies, announces that its strategic investment, Glassbox Ltd (“Glassbox”), today started trading on the Tel Aviv Stock Exchange (TASE: GLBX).  Alicorn is the global venture arm or Arowana International, the established B Corporation accredited investment group.

Node4, one of the UK’s leading cloud, data centre and communications solutions providers, has announced the implementation of a major privately owned hosting infrastructure solution for Decision First, a UK-based Conveyancing Solutions Provider that delivers services to major high street lenders and their vast panels of conveyancers across the UK.

Analysis from global consultancy partnership Kearney has found that retail banks will need to reduce costs by €35-€45 billion (£25-£32 billion) within the next 3 to 5 years to regain profitability. To do so will require the transformation of operating models to improve the cost-to-income ratio (CIR).