Theia Insights, a UK-based deep tech start-up launched by former Amazon Alexa scientist and solo entrepreneur Dr. Ye Tian has raised $6.5M. In another example of US venture capital looking to the UK for the most innovative technology companies, the round was led by Silicon Valley’s Unusual Ventures, with participation from Fidelity International Strategic Ventures, and LA-based Clocktower Ventures, alongside several strategic angels.
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Yuno, a leading global payments orchestration platform, announces today it has secured US$25 million from a consortium of prominent investors, including DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures and Monashees.
Carputty, a leading fintech company revolutionizing auto financing and ownership, is thrilled to announce the successful closure of a $75 million warehouse facility with Silicon Valley Bank (SVB), a division of First Citizens Bank. This significant investment is further bolstered by new equity contributions led by TTV Capital and supported by Fontinalis Partners, Kickstart Fund, Kinetic Ventures, and Grand Ventures.
After several years of steady growth, the fintech market faced declining fortunes in 2023 due to challenging economic headwinds, soaring inflation, and technological upheavals such as AI entering the mainstream.
In an era when technology is moving forward very fast, the world of payments and the transition from cash to digital transactions is undergoing disruptive transformations in the West, as well as (and perhaps even more so) in Africa and the Middle East. These areas are characterised by high-growth markets with strong demand for innovative banking and financial solutions, and a population with low average age, rapid population growth, high mobile penetration, and high literacy in payment-related technologies.
Neonomics, a privately held company registered in Norway, proudly announces Lars Dencker Nielsen as Chief Financial Officer.
10x Banking’s commitment to its people, community and planet has earned the firm B Corp Certification, in recognition of using business as a ‘force for good.’
Today, Visa announced the appointment of Michiel Wielhouwer, previously the Executive Director of Visa’s France, Belgium, and Luxembourg business, to President and Country Manager for Visa Canada. He will succeed Stacey Madge, who served in this role for the past seven years.
Payhawk, the global spend management solution, today released its Spring’24 edition including more than 15 new platform features, making it even easier for companies to manage and control spending at scale.