Peloton Technologies is announcing the close of its late seed round after securing $2M in investment. This funding is earmarked for activities that contribute to the company’s rapid growth trajectory.

From climate change to social inequality and governance failure, Environmental, Social, and Governance (ESG) concerns have never been more important. In recent years, these matters have increasingly influenced how businesses operate, as consumers and investors alike expect a certain level of transparency on a business’ broader societal and environmental impact. 

Blockchain enthusiasts, investors, and industry leaders will converge in a celebration of technological innovation and the future of blockchain at the highly anticipated Blockchain Festival Asia, set to take place on 2 March 2024 at The Marina Bay Sands Convention Center, Singapore. This most anticipated event promises to be the most significant gathering in the blockchain industry, showcasing groundbreaking developments, and fostering collaboration among top innovators.

Mia-Platform, the end-to-end platform builder, has announced a new partnership with Genio Diligence, a specialist provider of due diligence services to credit institutions and credit brokers. The partnership will see Genio Diligence’s AI solution for preventing credit-related risks made available to developers operating in the embedded finance sector, along with enhanced customer onboarding tools.   

Trustfull, the digital risk decisioning platform and Provenir, a global leader in credit and fraud risk decisioning technology have announced a global partnership that sees Trustfull joining Provenir’s Data Marketplace.

Brits are suffering from the scourge of ‘Lazy Money’, according to new research by Wise, the international money account.

A Censuswide poll of 2,000 UK adults nationwide found that only 39% of us are happy with the return our money is making. This is unsurprising, given so much money is being allowed to rest: 30% of us hold the majority of our savings in current accounts that pay little-to-no return. 

Bybit, the world's third-larges

Mollie, one of the fastest-growing financial service providers in Europe, has revealed that merchants saw a 7.3% increase in sales during Black Friday week 2023 with larger basket values (+8.7%) when compared to last year. Increased spend was driven by the average number of items per order increasing +14% YoY. Black Friday itself was the busiest day of the week with a 2% increase in share of the total week’s sales versus last year.

Finastra’s annual global survey reveals that, despite economic constraints, financial institutions globally continue to invest in artificial intelligence (AI), Banking as a Service (BaaS) and embedded finance. 

The first GCC Finance Summit opens tomorrow, Monday 28 November, at Le Méridien Dubai Hotel & Conference Centre, Dubai. Under the theme 'Enabling for Future: Technology & Sustainability'. This landmark event convenes finance professionals, investors, board members, and regulators to explore the dynamic intersection of technology and sustainability shaping the financial landscape.