Digital account provider, Frost has confirmed that it has exceeded its fundraising target on crowdfunding platform, Seedrs. Over a four-week period, the Manchester-based startup has raised a total of £1.87 million.
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LHV Bank, a leading provider of Banking Services and SME Lending solutions, announces it has been authorised as a credit institution by the Prudential Regulation Authority (PRA), becoming the first institution to receive a banking licence without restrictions in 2023.
Spectrum Markets (‘Spectrum’), the pan-European trading venue for securitised derivatives, today announced UniCredit Bank AG (hereafter referred to as ‘UniCredit’) as its newest member.
The pan-European bank will initially list a series of constant leverage warrants and covered warrant products, making these available to retail investors across Europe via their broker or bank.
Philly-based insurtech startup, Propeller Inc., is pleased to announce its partnership with the National Association of Professional Insurance Agents (PIA) as a recommended surety and fidelity bond platform.
Nomba, a payment services provider aimed at African businesses, has raised $30m for its pre-Series B funding round.
The investment was led by San Francisco-based Base10 Partners, with commitments also coming from Helios Digital Ventures, Shopify, Partech and Khosla Ventures.
Gappify, Inc., a leading provider of next-generation accounting automation solutions for corporate accounting teams, announced today that it has raised $10 million in Series B financing. The round was led by FINTOP Capital, with participation from Rally Ventures, Stage 2 Capital, SaaS Ventures, and Pasudeco & Co. As part of the transaction, FINTOP’s Jared Winegrad, General Partner, will join Gappify’s Board of Directors.
Businesses worldwide are embracing the potential for artificial intelligence (AI) to provide personalised customer experiences, but customers remain cynical. That’s according to the fourth annual State of Personalisation Report from Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalised experiences for today’s leading brands.
Taly for digital payments, a new Payment Service Provider and Third-Party Processor recently announced the launch of its full-fledged ecosystem for digital payment solutions. Using BPC’s SmartVista Platform, Taly will provide innovative solutions and market offerings for banks, fintech’s, corporates, merchants, and consumers throughout Egypt.
The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, today announced that the exchange has appointed veteran financial services executive John Shay as CEO, effective immediately.