Yonder, the UK-based rewards credit card company, has successfully raised £23.4 million in its latest funding round to fuel its team growth, enhance rewards, and fast-track international expansion. The funding comes from new and existing investors, including Jigsaw VC, RTP Global, LocalGlobe, Northzone, and Seedcamp.

The Bank of England is expected to maintain current interest rates on Thursday as it waits for clearer indications that inflation risks are under control. Instead, attention will shift to decisions regarding bond sales, which may influence Finance Minister Rachel Reeves’ upcoming first budget. While British inflation remained stable in August, it accelerated in the crucial services sector, leading analysts to anticipate a slower decline in interest rates compared to the United States and the euro zone.

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NAB has extended its long-term agreement with Amazon Web Services (AWS) as part of its multi-cloud strategy that continues to bolster the bank’s technology capability to improve customer experiences.

The agreement will see NAB continue to accelerate the migration of key critical workloads to AWS cloud infrastructure and further develop its Generative AI (GenAI) capabilities – including automated code development and training.

Orb is thrilled to announce the successful closing of its $25 million Series B funding round, bringing the total amount raised to $44 million. This round was led by Mayfield Fund, with participation from existing investors Menlo Ventures, Greylock, basecase, South Park Commons, Scribble Ventures, and new investor Uncorrelated Ventures. 

“The software industry is on the precipice of an evolution in pricing as AI and machine learning reshapes how software value is created and delivered,” says Alvaro Morales, CEO and co-founder of Orb.

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The NAGA Group AG, provider of the all-in-one financial SuperApp NAGA, is launching the first-ever fully integrated trading app within the Telegram ecosystem, in a bold move that could redefine how retail investors engage with the financial markets. In doing so, NAGA will gain immediate access to Telegram’s 950 million user base, positioning it to capitalize on a vast and untapped audience. A move that establishes NAGA as a first mover in a new space, providing significant potential for user growth and subsequent revenues.

Brex, the corporate card and spend management platform for startups and enterprises, announced Brex Embedded payments – a new API-driven payments solution that makes it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards. By integrating with providers across categories like procurement, travel, and enterprise resource planning (ERP), Brex continues to expand its enterprise footprint, which already includes hundreds of customers like Atari, Sonos, and Five Guys.

Xace, the leading provider of payment solutions for the online gaming industry, has proudly announced today the appointment of Reuben Abela as the new Chief Executive Officer of its European Division. Abela, the former Chief Operating Officer of Lidion Bank, is a pivotal addition to Xace’s Executive Team signalling the company’s ambitious expansion plans. Xace is looking at expanding its presence both across Europe and offering innovating payment solutions to underserved markets.

SteelEye, the pioneering integrated surveillance provider trusted by financial firms worldwide, has rolled out its revolutionary Compliance CoPilot tool across trade surveillance. 

SteelEye’s Compliance CoPilot leverages large language models (LLMs) to augment the role of a compliance officer by providing intelligent analysis, automation and actionable insights. It enables analysts to prioritize high-risk alerts, investigate alerts more efficiently, and streamline the overall alert review workflow—reducing review time by up to 90%.

Nasdaq (Nasdaq: NDAQ) and BYMA, Argentina’s leading stock exchange group, today announced a significant expansion of their technology partnership that will see BYMA base its entire post-trade ecosystem on Nasdaq technology

Under the terms of the agreement BYMA will adopt Nasdaq’s real-time clearing platform at its central counterparty clearinghouse (CCP), complementing Nasdaq’s existing technology partnership with Caja de Valores, Argentina’s central securities depository, which is also owned by BYMA.