wamo, a leading digital business account provider for SMEs, today announces that it has secured a bridge to Series A round of $5 million USD in growth funding, as well as an EU Electronic Money Institution (EMI) license from FIN-FSA (Finland’s Financial Supervisory Authority), positioning the company for accelerated growth across Europe. 

Digital bank Monzo has announced a new account called Monzo for Under 16s, targeting children aged six to 15.

Ushur, the leader in AI-powered Customer Experience Automation™ (CXA), today announced its prebuilt AI-powered automation solution to slash turnaround time and improve onboarding communications for insurance carriers, health plans and financial services companies.

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $2.3 billion-asset Black Hills Federal Credit Union (BHFCU) has deepened its partnership with Atleos, selecting ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) to transform self-service banking.

Elwood Technologies ("Elwood"), a leading provider of digital asset execution and portfolio management software, and Zodia Markets, a prominent UK-headquartered digital asset trading business backed by Standard Chartered, are pleased to announce that Zodia Markets has agreed to acquire Elwood Capital Management Ltd ("ECML"), Elwood's Digital Asset OTC trading business based in Jersey and regulated by the Jersey Financial Services Commission.

Eight out of 14 UK sectors saw output grow in June, according to the latest data from the Lloyds Bank UK Sector Tracker. While this was three fewer than in May (11) when the Tracker reported a 15-month high when the economy moved back into growth mode, June was the first time since 2022 that more than half of UK sectors had been growing for six months in a row.    

Barclays US Consumer Bank today announced the launch of a new Barclays Tiered Savings product to help consumers advance their personal financial goals. This new product features tiered pricing and the ability to earn higher rates with higher balances, while savings continue to grow.

Chubb today announced Peter Kelaher has been appointed Division President of Continental Europe, Middle East and North Africa. Currently, he serves as Country President of Australia and New Zealand. In his new role, Kelaher will have executive operating responsibility for 24 countries in Continental Europe, Middle East and North Africa. 

Kuady, today announces the opening of a new office in Sofia, Bulgaria for 100+ employees. The new office marks a significant milestone in Kuady’s ambitious growth plans, having recently launched its digital wallet in Peru and Chile, with further expansion in Latin America, Europe and Africa planned. 

Auxilo Finserve, the leading education-focused NBFC, is raising INR 279 Cr in a fresh round of equity funding to expand its student lending portfolio and enable better infrastructure for quality education. LeapFrog Investments , the profit with purpose investment firm, is investing $30 million in the current round through its investment vehicle Jade Inclusion Ltd. This round will also see participation from existing investors Trifecta Leaders Fund-I and Xponentia Opportunities Fund-II.