InsuranceDekho, India’s leading Insurtech player, today said it has raised $150 million in Series A

UK-based: Akoni Hub has formed a partnership with Gatehouse Bank to make its savings products available on Akoni’s cash management platform.

Akoni’s customers are now able to place money in Gatehouse Bank’s ethical Fixed Term Deposit accounts via Akoni’s online system.

Solvo, an EU-based cryptocurrency startup, announced today the official launch of the Solvo app, which is now live and available to download on the App Store for users in the EU and United Kingdom. Solvo is seeking to turn crypto-curiosity into crypto-capability by bringing the best of the best of crypto to everyone with a straightforward, transparent and easy-to-use entry point. Through Solvo, users can purchase easy-to-understand financial products and build their understanding of cryptocurrencies.

Payment company compliance teams are being pushed to their limit as new research from regulatory intelligence specialists VIXIO reveals 90 per cent are frequently overwhelmed. 

Demand for finance from the UK’s 5.5m small and medium-sized businesses1 is on the rise at the same time as banks are reducing their lending appetite, according to iwoca’s latest SME Expert Index. 

SME Bank, the neobank startup that offers banking and financial services specifically for small- and medium-sized enterprises, is announcing today the addition of SEPA Instant Credit Transfers as well as becoming a member of SWIFT – a vast messaging network used by banks and other financial institutions around the world.

EFA is pleased to announce that Pia Kumlin has joined EFA’s Nordic office, based in Stockholm, as Country Head. 

Starting on the 1st of February 2023, she will lead the existing team with the objective of  strengthening client relationships and further develop not only Sweden but the entire Nordic market.