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Fintech News

London-based Ralio raises $2.5 million to Power Payments Infrastructure for AI Agents

London-based Ralio raises $2.5 million to Power Payments...

British Business Bank Commits $107M to Eka Ventures Fund II

British Business Bank Commits $107M to Eka Ventures...

Switzerland-based quantitative asset manager Finreon Expands to Middle East with DIFC Office Launch

Switzerland-based quantitative asset manager Finreon Expands to Middle...

XTB Secures UAE CMA Licences to Expand Regional Brokerage Operations

XTB Secures UAE CMA Licences to Expand Regional...

Fintech

Fabrick Partners with TerraPay to Revolutionize Cross-Border Payments Across Europe

Fabrick Expands European Footprint Through Strategic Partnership with TerraPay to Simplify Cross-Border Payments Fabrick, a leading Open Finance platform, is strengthening its international presence by partnering with TerraPay, a global payments infrastructure provider. This collaboration is set to transform cross-border payments in Europe, initially focusing on Italy, by offering businesses a streamlined, cost-effective solution for […]

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Startup Funding

RedTrack Secures €3.2 Million in Series A Funding to Empower Media Buyers with AI-Driven Analytics and Automation

Vilnius, Lithuania – [10-Oct-2024] – RedTrack, a cutting-edge AI-powered analytics and automation platform tailored for media buyers, has successfully closed a €3.2 million Series A funding round. This round was led by LeadVentures, with participation from InstaVC, IronWolfCapital, and notable angel investor Balazs Gandera. RedTrack’s innovative technology currently tracks 60,000 ad accounts, generating over $2 […]

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Fintech

Summa Equity Acquires NetGuardians to Form New Financial Crime Solutions Group

Stockholm, October 2024 – Summa Equity, a leading Stockholm-based private equity firm, has announced the acquisition of NetGuardians, a Swiss leader in AI-driven fraud prevention and anti-money laundering (AML) solutions. The acquisition aims to strengthen Summa’s portfolio by aligning NetGuardians’ cutting-edge fraud detection technology with Intix, another Summa-owned company specializing in Know Your Transaction (KYT) […]

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