B-North, the Manchester-based challenger building an SME lending bank for the UK has further strengthened its team with five important hires in its finance and risk teams. 

ScaleXP - the automated analytics platform that helps small businesses consolidate their financial and sales data - today announces that it has raised £600,000 in a seed funding round. 

Algbra, a sustainable and values-focused digital finance provider dedicated to bringing an end to community and ethnicity based financial inequality has launched. Founded by Chief Executive Zeiad Idris and Chief Operating Officer Fizel Nejabat, the firm’s mission is to educate, engage and empower overlooked minority communities and facilitate their ability to take control of their finances. Algbra has raised £3.75m in fundraising and is backed by SFC Capital, British Business Investments and New World Group.

 Colt Technology Services has today announced the appointment of Jaya Deshmukh as Executive Vice President (EVP) of Strategy and Transformation.

Reporting directly to Colt’s Chief Executive Officer, Keri Gilder, Jaya will be tasked with managing and driving Colt’s strategic roadmap and relationships, all while striving to elevate the organisation’s overall purpose and vision.

Amount, a leading technology provider for financial institutions, today announced it has closed a Series D capital raise, bringing in nearly $100 million of additional primary equity capital from WestCap, a growth equity firm founded by Laurence Tosi, Hanaco Ventures, Goldman Sachs, Invus Opportunities and 

 IRIS Software Group, one of the UK’s largest software companies, and Western Union Business Solutions, the payments arm of the Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced a five-year international partnership to offer simplified global payroll and payments solution

Trading software makes it easier to trade and analyze financial instruments including bonds, options, futures, and currencies. Trading software is often provided by investment companies to their customers in order to position orders and monitor their accounts. The software can be downloaded and run on a laptop or handheld computer, or it can be web-based, with the trader accessing the software via a website. Traders may also buy third-party trading tools to complement or upgrade the brokerage's software.

Open banking platform Tink continues its expansion across Europe with the acquisition of FinTecSystems – a leading German open banking infrastructure fintech, powering over 150 banks and fintechs in Germany, Austria and Switzerland. The acquisition will strengthen FinTecSystems’ already leading market position, with Tink further fuelling the company’s high growth and open banking capabilities in the DACH region. 

SEON, the fraud fighters, today announces it has partnered with data driven technology company, Connected Data, to introduce data and techniques successfully used in fraud detection and prevention, to the debt management process – an industry first.

Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced today the setting up of new centers in Mexico, Costa Rica and Taiwan.