MerQube Raises $22M with Series B Fundraising Led by Intel Capital
- 1 year 7 months ago
- Fundraising News
MerQube, a pioneer in technology for next-generation index-linked investing, announces USD 22 million raised in Series B funding. The investment round was led by Intel Capital with participation from new investor Allianz Life Ventures, and existing investors Citi, J.P. Morgan, Laurion Capital Management and UBS. In conjunction with the financing, David R. Mueller, Intel Capital Investment Director, will join MerQube’s board of directors.
InsurTech hepster Closes €10 Million Series B Financing Round
- 1 year 7 months ago
- Fundraising News
Leading European Embedded InsurTech hepster secures €10 million of new financing which will be deployed to support hepster’s continued expansion into new markets, delivering continued sustainable growth and securing hepster’s pathway to profitability. hepster offers an API-driven ecosystem that enables companies from all industries to seamlessly integrate needs-based customised insurance into their digital customer journeys. hepster is...
Latest UK Analysis Reveals Online Fraud Attack Volumes Nearly Doubled Last Year, But UK Fraudsters Have a Lower Success Rate than the Rest of the World
- 1 year 7 months ago
- Fraud Detection
UK fraud attack volumes nearly doubled in 2022 as the scam-demic continues, according to the latest online fraud analysis published by LexisNexis Risk Solutions. Around 36 million human-initiated fraud attacks were confirmed in the UK last year, a rise of 92% from the previous year. Globally the rate of growth was slower, at 56%.
Gatehouse Bank Awarded Best Fixed Account Provider by Moneyfacts
- 1 year 7 months ago
- Digital banking
Gatehouse Bank has been named the Best Fixed Account Provider at the 2023 Moneyfacts Awards. The Shariah-compliant ethical Bank was awarded the title for the second year in a row following detailed weekly data analysis by Moneyfacts’ research team. The winners were those who stood out for their competitive rates and a high level of service.
Enfuce Issues Trailblazing Visa-branded NBX Credit Card with Bitcoin Cashback
- 1 year 7 months ago
- P-Cards
Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases.
Investing Platform Public Launches in the United Kingdom
- 1 year 7 months ago
- Investment
Public, a US-based multi-asset investing platform, launches today in the United Kingdom, entering its first market outside the United States. With the firm’s UK expansion, Public aims to be the preeminent place to invest in US-listed equities, offering over 5,000 stocks, deep data and insights, and a simple and transparent fee structure with zero commission trading and low FX fees.
Global Payments Leader, Convera Chooses Temenos to Modernize Payments in the Cloud
- 1 year 7 months ago
- Payments
Temenos today announced that Convera, the largest non-bank global B2B payments provider, has selected Temenos Payments Hub running in the Temenos Cloud to modernize its payments infrastructure.
LookOut wins Trade Surveillance Product of the Year at Risk Technology Awards 2023
- 1 year 7 months ago
- Risk Management
ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that LookOut has won the Risk Technology Awards 2023 Trade Surveillance Product of the Year.
Payhawk Launches Money Management Handbook to Help VC-funded Founders & CFOs Manage Cash Flow
- 1 year 7 months ago
- Cash management
Payhawk, the fast-growing spend management platform which combines company cards, reimbursable expenses, and accounts payable in one solution, today announces its release of a money management handbook to help startups Founders and CFOs that have raised VC funding to manage their cash flow and build a business that lasts beyond the difficult first year.
NatWest Enables Tap to Pay on iPhone for UK Businesses
- 1 year 7 months ago
- Payments
NatWest has today enabled Tap to Pay on iPhone to all eligible businesses across the UK. Apple’s contactless payment acceptance technology is now available to UK businesses via the NatWest Tap to Pay iOS app.
Liminal Appoints Manhar Garegrat as Country Head for India & Global Partnerships
- 1 year 7 months ago
- People Moves
Liminal, a leading provider of wallet infrastructure and custody solutions is delighted to announce the appointment of Manhar Garegrat as the Country Head, India & Global Partnerships. With his extensive experience in the blockchain industry, Manhar brings valuable insights and strategic leadership to further strengthen Liminal's position in the Indian market.
Bitso and Mobile Streams Come Together to Offer Sports NFTs
- 1 year 7 months ago
- Cryptocurrencies
Bitso, the leading financial services company powered by crypto in Latin America with more than 7 million customers, announced its exclusive business partnership with Mobile Streams Plc.
Bitcoin and Ether: Cryptocurrency Derivative Sentiment on the Rise
- 1 year 7 months ago
- Cryptocurrencies
Spectrum Markets (“Spectrum”), the pan-European trading venue for securitised derivatives, has published its SERIX sentiment data for European retail investors for June, revealing retail investor sentiment towards cryptocurrencies Bitcoin and Ether has risen consistently since the index hit its lowest point in January 2023.
Moss Selects GoCardless to Power its Push into the UK
- 1 year 7 months ago
- Credit Cards
Moss, the leading corporate card and spend management solution, has selected GoCardless, the bank payment company, as its direct debit provider in the UK to support its international expansion.
CFIT Starts to Deliver on its Kalifa Review Mandate
- 1 year 7 months ago
- Financial
CFIT, the Centre for Finance, Innovation and Technology, today announced that its initial ‘Open Finance Coalition’ will demonstrate the power of leveraging financial data to deliver better financial outcomes to consumers and SMEs. It also announced the first coalition partners who have committed to progressing Open Finance in the UK, alongside the FCA regulatory support.
