thefintech
Featured News

Taktile’s innovative AI decision platform garners $54m from top investors


Taktile, a decision automation platform that is redefining risk management strategies in financial services, has secured $54m in a Series B raise. The funding was spearheaded by Balderton Capital and saw contributions from existing stakeholders including Index Ventures, Tiger Global, Y Combinator, Prosus Ventures, and Visionaries Club, as well as notable investment from Larry Summers,

thefintech
Trending News

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

thefintech
Featured News

Zeta raises $50m as valuation surges to $2bn in strategic funding


Zeta, a next-generation banking technology provider serving financial institutions worldwide, has secured a $50m strategic investment. The latest funding values the company at $2bn, marking a 1.7x increase from its previous $1.15bn pre-money valuation. The funding was contributed by a strategic investor, though their identity has not been disclosed. This follows Zeta’s previous $250m raise

thefintech
Featured News

Semgrep bags $100m in Series D to elevate AI-driven code security


Semgrep, an application security platform, has successfully secured a substantial $100m in its Series D funding round. The round was spearheaded by Menlo Ventures, with significant contributions from existing stakeholders including Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital. This latest injection of capital brings the total funds raised by the

thefintech
Trending News

Cashfree Payments secures $53m in strategic funding


According to IBS Intelligence, this financial boost was spearheaded by KRAFTON, a Korean digital entertainment leader, alongside continued backing from existing investor Apis Growth Fund II, a private equity fund managed by Apis Partners Group (UK) Limited (Apis Partners). The newly acquired funds are set to enhance Cashfree’s payment solutions and expand its market presence.

thefintech
Featured News

Sokin lands $15m from BlackRock to fuel global expansion


UK-based payments firm Sokin, which provides international payment solutions for businesses, has secured $15m in debt funding from funds and accounts managed by BlackRock. This investment follows a $31m strategic investment from Morgan Stanley Expansion Capital. Sokin has experienced substantial growth in recent months, including a 51% increase in new account openings since the Morgan

thefintech
Trending News

Swan raises €42m to accelerate embedded banking adoption across Europe


Swan, a company specialising in embedded banking, has raised €42m in a Series B funding round. The funding will support Swan’s mission to make embedded banking the standard across Europe. The company believes the industry is undergoing a major transformation, where financial services are becoming a key part of everyday business tools rather than standalone

thefintech
Featured News

WiseAlpha launches UK’s first high-yield corporate bond ISA for retail investors


WiseAlpha has introduced the UK’s first-ever dedicated High-Yield Corporate Bond Innovative Finance ISA (IF ISA), providing retail investors with unprecedented access to corporate bonds. This move allows individuals to invest in high-yield corporate bonds within a tax-efficient ISA framework, a market previously exclusive to institutional investors. The corporate bond market has historically been inaccessible to

thefintech
Featured News

Lower integrates Neat Labs technology to set new standards in mortgage efficiency


Lower, a leading digital mortgage lender, has announced its acquisition of Neat Labs, renowned for its end-to-end mortgage origination software. Lower will integrate Neat Labs’ proprietary software into LowerOS, a comprehensive, cloud-based mortgage platform designed to enhance the borrower experience and streamline loan production costs. Founded in 2015, Neat Labs has been pivotal in optimising

thefintech
Featured News

Bilt Rewards clinches $150m in fresh funding to enhance loyalty programs


The round was spearheaded by Teachers’ Venture Growth (TVG), a division of the Ontario Teachers’ Pension Plan specializing in late-stage and growth investments. Alongside TVG, significant contributions came from Vanderbilt University Endowment and the University of Illinois Foundation, with continued support from previous investors. Bilt Rewards operates as a pioneering loyalty platform that significantly impacts

thefintech
Trending News

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI


Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing. This move is designed to support Wisedocs in broadening its client base and enhancing its product offerings. The company, renowned for its artificial intelligence (AI) software platform, offers streamlined solutions