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Neno raises €6.6 million to build AI-native financial services for Europe's SMEs

Neno raises €6.6 million to build AI-native financial...

HOW PORTFOLIOS ARE CHANGING WITH AGE?

HOW PORTFOLIOS ARE CHANGING WITH AGE?

Fintech News Media, People First & KOT Enterprises Sign Strategic Joint Venture to Accelerate Fintech Intelligence, Media & Technology Collaboration

Fintech News Media, People First & KOT Enterprises...

When a Payment Corridor Closes, Business Can’t Just Simply Stop

When a Payment Corridor Closes, Business Can’t Just...

Startup Funding

Munich-based fintech StrategyBridgeAI closes oversubscribed seven-figure pre-seed financing round – fintech News Europe

Munich, 03.12.2024 – The Munich-based B2B fintech startup StrategyBridgeAI hassuccessfully closed an oversubscribed seven-figure pre-seed financing round. The round wasled by D11Z. Ventures with participation from Bayern Kapital and renowned business angelsfrom the fintech, software and private equity sectors, including Kai Hesselmann, Co-Founderof DealCircle. With the new capital, StrategyBridgeAI plans to accelerate product developmentand further […]

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Payments

Tencent’s Weixin Palm Scan Payments System Revolutionizes Transactions in China – Fintech News Europe

A New Era of Payment TechnologyChina has witnessed a transformative leap in payment systems with the launch of Weixin Palm Payment, a cutting-edge hand-scanning technology developed by Tencent. This innovative solution simplifies daily transactions, allowing commuters to access subways and employees to enter office buildings with a quick palm scan. Introduced in May 2023 and officially launched […]

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Startup Funding

UK-based Watercycle Technologies enters MENA after securing $5.6 million Series A – Fintech News Europe

UK-based Watercycle Technologies is pleased to announce the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority (‘GMCA’), Aer Ventures and the University of Manchester Innovation Factory. This investment will enable Watercycle to rapidly scale up and commercially deploy its technology to deliver […]

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Fintech

Bitcoin breaks $96,000 for first time in History – Fintech News Europe

SINGAPORE: Bitcoin surged past $96,000 for the first time on Thursday, fueled by investor optimism over a potentially friendlier regulatory environment under US President-elect Donald Trump. The cryptocurrency reached an intraday high of $96,898 in Asian trading, marking a significant leap in its march toward the $100,000 milestone. The digital asset has more than doubled […]

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Startup Funding

Zurich-Based Calvin Risk Raises €3.8M to Strengthen AI Governance and Risk Management

Calvin Risk, a Swiss startup spun out of ETH Zurich in 2022, has raised €3.8 million in a seed funding round led by Join Capital and seed + speed Ventures, bringing its total funding to over €4.7 million. The funding will accelerate the development of its cutting-edge AI governance platform, which is designed to empower […]

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Fintech

Worldpay and Mastercard Unveil Virtual Card Solution for Travel Agents

Worldpay has partnered with Mastercard to introduce an innovative virtual card solution tailored for travel agents, aiming to streamline payments and address long-standing industry challenges. In a press release issued on Wednesday (Nov. 20), Worldpay highlighted the persistent difficulties travel agents face in managing payments to suppliers such as airlines, hotels, and other travel service […]

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Fintech

London-based PayFuture Launches Operations in Pakistan, Unlocking New Opportunities for Global Ecommerce – Fintech News Europe

Islamabad, Pakistan – November 20, 2024 PayFuture, a leading global payment technology provider, has officially launched its operations in Pakistan, marking a pivotal step in connecting international businesses to one of South Asia’s most promising ecommerce markets. With its advanced payment technology and comprehensive understanding of local regulations, PayFuture aims to simplify market entry for […]

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Fintech

Bitcoin Breaches $94,000 for the First Time – Fintech News Europe

Singapore: Bitcoin reached an all-time high of $94,078, fueled by reports suggesting that Donald Trump’s social media company, Trump Media and Technology Group (TMTG), is in advanced talks to acquire the cryptocurrency trading platform Bakkt. The surge reflects growing optimism about a crypto-friendly stance under the incoming Trump administration. The cryptocurrency, which has more than […]

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Startup Funding

SuperAnnotate Raises $36 Million Series B to Revolutionize AI Dataset Management

San Francisco-based SuperAnnotate, a leading AI data management platform, has secured $36 million in a Series B funding round led by Socium Ventures. The round also saw participation from notable investors, including Nvidia, Databricks Ventures, and Play Time Ventures, bringing the company’s total funding to over $53 million. Co-founded by brothers Vahan and Tigran Petrosyan, […]

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Payments

Modulr Acquires Nook to Transform Accounts Payable Automation and Business Payments

Strategic acquisition combines Nook’s award-winning AP automation with Modulr’s embedded payments expertise to streamline operations for UK and European businesses. Modulr, a leading embedded payments platform, has announced the acquisition of Nook, a disruptive innovator in accounts payable (AP) automation. This strategic move combines both companies’ expertise to address inefficiencies in business payments, eliminate manual […]

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