Scottish AI fintech Aveni secures £11 million investment to drive AI revolution in financial services
AI fintech Aveni.ai have announced one of the largest Series A investments in a Scottish business this year, amounting to £11 million.
Global climate fintech leader ekko secures $2.5 million funding round led by Fuel Ventures
London-based climate fintech ekko has successfully closed a $2.5 million funding round led by Fuel Ventures.
Australia’s Commonwealth Bank invests in UK compliance technology company Global Screening Services
The Commonwealth Bank has expanded its support for innovative sanctions compliance technology by investing in Global Screening Services.
UK insurtech hyperexponential raises $73m Series B and announces US expansion
UK insurtech hyperexponential today announced the completion of its $73 million (£57.2 million) Series B funding round.
Prosper announces its crowdfunding is now open in partnership with Crowdcube
UK wealth-tech pioneer Prosper have opened its crowdfunding round to the public in partnership with Crowdcube.
Traydstream secures $21 million in Series B funding led by Pivot Investment Partners and e& capital
Traydstream have successfully completed its $21 million Series B financing round, led by Pivot Investment Partners and e& capital.
UK fintech Pockit announces new $10 million funding round
UK fintech Pockit has raised $10 million in a growth round from new partners Puma Private Equity and The North East Development Capital Fund.
Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.