First Ever Digital Financial Advice and Mortgage Broker App Launched by Multiply AI and Mojo
- 3 years 10 months ago
- Investment
Multiply AI, the UK’s first fully-automated financial adviser app, today announced it has partnered with digital mortgage broker Mojo to provide the first end-to-end digital advice app free of charge for first-time home buyers. Leveraging the power of deep learning AI, the app provides holistic financial advice for those who cannot afford to see a traditional face-to-face advisor.
Blackfinch and Praetura Ventures Invest £2.3m in Tech-for-Good Firm
- 3 years 10 months ago
- Investment
A socially-minded technology company set to transform the travel experiences of those with reduced mobility has secured £2.3m in a funding round led by Blackfinch and Praetura Ventures. Transreport, which has offices in London and Glasgow, has designed an app that helps rail passengers with disabilities and mobility restrictions by better enabling rail operators and station staff to respond to booked assistance requests.
illimity Appointed as Nomad for Italy’s Alternative Investment Market: New Services Supporting Country’s SMEs To Assist in Growth Process
- 3 years 10 months ago
- Investment, Banking
Borsa Italiana has appointed illimity Bank S.p.A. (“illimity” or the “Bank”) as a Nomad (Nominated Adviser), a point of contact for companies that want to raise capital to consolidate their competitive position and speed up their growth process by listing on the Italian Alternative Investment Market (AIM Italia).
Alternative Investment Exchange (AIX) Enhances Digital Alt Investing Platform with Support for On-Going Account Maintenance
- 3 years 10 months ago
- Investment
Alternative Investment Exchange (AIX), the platform making it easy to buy, own, and sell alternative investments, has added new account maintenance functionality to its digital alternative investment platform. The new AIX account maintenance capability automates maintenance requests, mitigating tedious paperwork and manual processes.
Karen Tierney Joins ALPIMA as Chief Product Officer
- 3 years 10 months ago
- Investment, People Moves
ALPIMA, the SaaS platform for investment management and product design, has appointed Karen Tierney as Chief Product Officer. A member of ALPIMA’s leadership team, Karen is responsible for ensuring ALPIMA’s strategy and product build up is aligned with customer needs and that new capabilities are prioritised, planned and executed effectively. Karen joins ALPIMA from DWS, having previously held roles at RBS, Barclays, Deloitte and The National... more
Exabel Closes $9M Seed Round to Accelerate New Data Partnerships and Launches Alternative Data Insights Product.
- 3 years 10 months ago
- Investment, Banking
Exabel, the simple-to-use Al, analytics and data platform for investment teams, announced it has closed a fourth seed investment round from investor AWC (formerly AwilhelmsenCapital Holdings), bringing its total capital raised to over $21M. The company also announced today the launch of the new "Exabel Insights Platform" product for alternative datavendors.
Smart Comparison Fintech Firm MONVA Announces Second Fundraising Campaign
- 3 years 10 months ago
- Fundraising News, Trading Systems, Investment
Fintech MONVA has today launched its latest round of fundraising, returning to Crowdcube one year after smashing its last fundraising target. MONVA is now targeting a further £200,000 investment via Crowdcube, ahead of a larger institutional round expected to take place towards the end of 2021.
Wombat and TrueLayer Collaborate to Deliver Instant Investment Account Funding
- 3 years 10 months ago
- Investment, Banking
TrueLayer, the leading technology company building financial infrastructure that’s open to everyone today announced a new partnership with Wombat, the award-winning savings and investment platform. Using TrueLayer’s Payments API, Wombat is now providing its customers with the ability to instantly deposit funds into their investment accounts. After just one week of launch, 82% of Wombat’s one-off deposits are now being routed through TrueLayer.
Alternative Investment Exchange (AIX) and Kalos Financial Partner to Streamline Processes and Advance Alt Investing
- 3 years 11 months ago
- Investment
Alternative Investment Exchange (AIX), the platform making it easy to buy, own, and sell alternative investments, and Kalos Financial (Kalos), a full-service independent financial solution firm pioneering the endowment model for individual investors, are partnering to improve the alt investing experience for financial professionals and their clients.
Mobility Capital Finance Inc. Receives Capital Investment from Mastercard
- 3 years 11 months ago
- Investment, Payments
The inequities in today’s financial system have left many Americans without access to affordable services, instead relying on payday lending, expensive cash checking services and remittance fees. Mobility Capital Finance (MoCaFi), a financial technology, mobile-first banking platform, and Mastercard are partnering to bring alternate financial services to underserved communities with a specific focus on providing tailored digital tools, and new... more
Level Secures Landmark ESG Deal With Triple Point
- 3 years 11 months ago
- Investment
Level Financial Technology has secured a revolving credit facility from Triple Point to provide early wage access in a first-of-its-kind ESG deal. The interest rate Level pays will reduce by up to a third if users also access budgeting tools available through the app to make positive changes to their personal finances.
Refinitiv Rolls Out MarketPsych ESG Analytics to Analyze Corporate Sustainability-Related News and Social Media in Near Real-Time
- 3 years 11 months ago
- Investment
Building on its commitment to drive positive change through its data and insight, Refinitiv announced the launch of MarketPsych ESG Analytics, a new analytics tool to provide numerical ESG insights on companies and countries based on news and social media monitoring.
Entrust Partners with Netcetera to Fight Online Payment Fraud
- 3 years 11 months ago
- Digital Identity, Securities Services, Payments
Entrust, a leading provider of trusted identities, payments and data protection, has announced a partnership with Netcetera, a leading 3 Domain Secure (3DS) provider, to help financial institutions combat fraud associated with card-not-present (CNP) transactions.
Employee Benefit and Reward Pioneer Ben Secures $2.5M
- 3 years 11 months ago
- Investment, Payments
Employee benefit and reward pioneer Ben has raised $2.5m in a round led by Cherry Ventures and Seedcamp. The round was also supported by notable FinTech and HRTech angel investors including Paul Forster of Indeed.com, Taavet Hinrikus of Transferwise, Carlos Gonzalez-Cadenas of GoCardless (now Index Ventures), Philip Reynolds of Workday, and Matt Robinson of Nested.
Token Secures $15M Series B to Power Open Payments Across Europe
- 3 years 12 months ago
- Investment, Payments
Leading open banking payments platform, Token, today announces $15m in Series B financing, welcoming investment from SBI Investment Co. Ltd. and Sony Innovation Fund by IGV as well as from existing investors Octopus Ventures, EQT Ventures and the venture arm of BNP Paribas, Opera Tech Ventures.
