Scaleup Finance has announced an $8million (£6.4million) pre-Series A round to ‘solve the challenge of financial management’ for startup and scale-up companies.

Led by Inveready, alongside Crowberry Capital, Seed X, PROfounders, Fin Capital and CircleRock Capital, the funds will be used to help drive continued growth in the UK and prepare for future expansion into the US.

Uzum, a leading digital services ecosystem in Uzbekistan, has secured $114 million in funding through a combination of a Series A funding round and debt financing, making Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion. Uzum plans to use the funds to develop the country’s IT and logistics infrastructure, as well as to fund its own BNPL service.

The Innovate Finance Global Summit (IFGS) is set to celebrate its 10th anniversary at the Guildhall in the City of London, convening the brightest minds from the financial services and fintech sectors. Scheduled for April 15-16, 2024, IFGS 2024 will bring together industry leaders, innovators, policymakers, and investors for two days of intensive discussions and networking, addressing the most pressing issues in the sector.

Form3, the cloud-native account-to-account platform, today launches a new, innovative authorised push payment fraud (APP fraud) prevention solution, powered by Feedzai, the market leader in anti-fraud and financial crime software.

Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins.

Swift has announced the findings of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution, with the results showing that its connector can enable financial institutions to carry out a wide range of financial transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.

La Banque Postale and JCB today announced the signature of a partnership aimed at facilitating easy and seamless payment transactions for JCB cardmembers throughout France. This long-term collaboration will be rolled out in several major phases.

Deriv,  a market leader in the FX space, has announced its Elite sponsorship of the inaugural iFX EXPO LATAM 2024. The event will take place in Mexico City, Mexico, from 9-11th April 2024. The company’s sponsorship of the iFX EXPO marks its intent to bring its award-winning platforms to more traders in the rapidly growing Latin American trading community.

Unlimit, a leading global fintech company, today announced it has partnered with Xiaomi, one of the world’s leading consumer electronics and smart manufacturing companies, to strengthen the expansion of Xiaomi’s GetApps, the company’s app distribution platform for international markets in Brazil. By providing PIX, Unlimit will greatly simplify the payment process for GetApps’ local customers, and support GetApps’ development goals in the region.

The business technology company, Teya, announced today its latest product called the Business Account, a wallet and debit card offering designed for Teya members. In collaboration with Visa, a world leader in digital payments, the Business Account will allow Teya members to receive settlements directly in a Teya account and spend with a Visa Platinum Business Debit Card.