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FinTech startup SparkReceipt secures investment from Trind Ventures for global expansion


SparkReceipt, a pre-accounting software provider based in Finland, has secured investment from Trind Ventures. The funding round, which remains undisclosed, also received support from the European Union under the InvestEU Fund and Business Finland. The company provides AI-powered pre-accounting software designed to simplify bookkeeping for micro-businesses, with operations spanning nearly 100 countries. The platform automates

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UK AI FinTech Quantexa secures $175m Series F, hitting $2.6bn valuation


Quantexa, a global provider of AI-driven decision intelligence solutions, has successfully closed a $175m Series F funding round. The funding round was led by Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan, with ongoing support from existing investors such as British Patient Capital. Other backers in Quantexa include Warburg Pincus, Dawn Capital,

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Blockchain payments firm SatoshiPay secures €850k to expand Vortex globally


SatoshiPay, a blockchain payments firm, has successfully closed an €850k fundraising round to accelerate the expansion of its payment solution, Vortex. Built on the Pendulum network, Vortex aims to streamline global transactions by bridging stablecoins with local fiat currencies. The round saw participation from several notable investors, including CoinShares chairman Danny Masters, SatoshiPay co-founder Meinhard

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Bourn raises £1.5m seed funding to revolutionise SME cash flow management


Bourn, a UK-based FinTech startup focused on SME finance, has secured £1.5m in seed funding to support the expansion of its AI-powered Flexible Trade Account (FTA). The funding round was led by Haatch, with participation from fintech investors Love Ventures, Portfolio Ventures, and Aperture, alongside private backers. Founded by Roger Vincent, Nick Tracey, and Paul

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CredCore raises $16m to accelerate AI-driven credit investing and management


AI-powered credit investment platform CredCore, which specialises in transforming debt capital markets for lenders and borrowers, has secured $16m in a Series A funding round. The round was led by Avataar Ventures, with additional backing from Inspired Capital, Fitch Group, BellTower Partners, and senior executives from asset management and financial services. CredCore is tackling inefficiencies in

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Gomboc AI raises $13m to revolutionise cloud security with deterministic AI


Gomboc AI, a cybersecurity startup focused on cloud security remediations, has raised $13m in seed funding to accelerate its efforts in automating security fixes. The round included an $8m investment led by Ballistic Ventures, with continued backing from Glilot Capital Partners and Hetz Ventures, which had co-led the company’s initial $5m seed funding. The company

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TMX VettaFi expands fixed income indexing with Credit Suisse bond indices acquisition


TMX VettaFi has acquired Credit Suisse’s Bond Indices from UBS, further strengthening its fixed income index capabilities. TMX VettaFi president Tom Hendrickson said, “We are excited to announce another significant step forward in our index expansion strategy,  designed to strengthen our fixed income indexing capabilities, and broaden the services we  provide to a growing international network of

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MENA InsureLab secures backing from TIC to boost InsurTech innovation


MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm. The investment comes from TIC’s $100m fund, which focuses on supporting early-stage technology companies. The firm employs a unique investment model, providing both financial backing and software development services in exchange for equity.