According to the British Business Bank’s latest report, UK Venture Capital Financial Returns 2022, UK VC funds with a 2008 to 2013 vintage have generated a pooled Total Value to Paid In Capital (TVPI) multiple of 2.20, which is 0.11 points higher than last year, demonstrating that UK VC fund valuations have so far been resilient to the adverse headwinds affecting global financial markets.

Deterioration in exit opportunities and fundraising conditions

Buckzy Payments, Inc., a leading real-time cross-border payments company, today announced it has secured USD$14.5 million in Series A financing. Buckzy will use the funds to enter new geographies and support the expansion of its product offerings.

TrueLayer, Europe’s leading open banking platform, today announced its collaboration with cryptocurrency exchange Coinmama in Europe. Coinmama has been at the forefront of the financial revolution ever since its inception in 2013 when it allowed customers worldwide to buy Bitcoin with cards.

Bank of the Philippine Islands (BPI), the oldest bank in the Philippines and a pioneer in digital banking, has partnered with the global B2B digital micropayments platform DT One to launch an international mobile load service.  

nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that the Bank of New Zealand

The global cost of cybercrime is rising and reached an estimated €5.5 trillion in 2021. Ransomware attacks alone hit organizations somewhere in the world every 11 seconds. Our use of and dependence on technology grows each day and with it the opportunities for criminals to profit from emerging vulnerabilities.

Atos today announces that it has been selected as the winner for GSI Partner of the Year - EMEA by Amazon Web Services (AWS). This award recognizes Atos’ key role in helping customers drive innovation and build solutions on AWS.

Financial crime compliance risk and payments solutions provider, Eastnets, has been named as a multiple category leader in the Chartis Research “

Finastra today announced that Clinc, the leading conversational AI specialist serving global financial institutions, will deliver its Virtual Banking Assistant technology fully integrated within Finastra’s Fusion Digital Banking platform.

Bottomline Technologies, a leading provider of financial technology that makes business payments and financial messaging simple, smart and secure, is pleased to report that it won, for the second year running, the Invisible Security category at one of the industry’s leading financial technology award ceremonies in London last night.