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Previse Raises $7m in Series A Funding

London based invoice payment startup has raised $7m in Series A financing, co-led by Augmentum Fintech PLC and Bessemer Venture Partners.

Paul Christensen, Co-founder and Chief Executive Officer at Previse, said: “We opened our doors to customers just over 12 months ago....…

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Monzo Eyes $1.5b Valuation

The London based digital bank approaches unicorn status as its valuation nears $1.5b. It aims to raise $150m in its next round of funding.

“If you are the number one neobank by users then everyone is going to want to get in,” said Lex Sokolin, global director of fintech...…

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SFOX Raises $22.7m in Series A Funding

Los Angeles based algorithmic cryptocurrency trading startup has raised $22.7m in Series A financing, led by Tribe Capital.

The startup’s main clients include hedge funds and family offices, which are likely to be trading larger amounts of cryptocurrencies....…

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BlackRock Acquires CacheMatrix

In an effort to streamline its cash management efforts, BlockRock acquired the startup in June 2017. This underscores a larger effort by...

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WEEL Brings Default Rate to Zero

In a market known for its high default rates and fraud, the founder of Weel, a Brazil based factoring startup, recounts how the company...

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AuditBoard Raises $40m in Series B Funding

Los Angeles based compliance and audit software company has raised $40m of Series B financing, led by Battery Ventures.

Founded in 2014 by former PwC and EY auditors Daniel Kim and Jay Lee, AuditBoard provides a cloud-based platform that allows enterprises...…

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Alphabet Invests $375m in Oscar Health

Josh Kushner's online insurance startup has raised another $375m in equity funding from Alphabet. Alphabet now owns roughly 10 percent of...

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Steady Secures $9m in Series A Funding

Atlanta based income-building platform provider has raised $9m of Series A financing, led by Propel Venture Partners.

The round was led by Propel Venture Partners, with participation from Omidyar Network, 25Madison, Clocktower Ventures, and Commerce...…

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Mifid II Pushes Asset Managers Toward Greater Efficiency with Research Spending

Mifid II is shifting the burden of research costs from the investor to the investment manager, tightening managers' budgets by 20%.

The “Big Bang” nature of the reform may be painful. But it remains a big improvement on the old regime. Pointless research had real...…

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Deposit Solutions Announces Additional Raise of $100m

Hamburg based open banking platform provider has raised $100m in Private Equity financing, led by Vitruvian Partners.

Dr. Tim Sievers, CEO and founder of Deposit Solutions said: "We are delighted to welcome Vitruvian and Kinnevik as new shareholders. They...…

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Pie Insurance Secures $11m Series A Funding

Washington DC based workers' compensation insurance startup has raised $11m of Series A funding led by Greycroft.

“Pie combines two elements that really stand out - a unique set of underwriting data and an experienced founder who was instrumental...…

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Flywire raises $100M for B2B payments tech

Boston based remittance technology startup has raised $100m led by Temasek.

Flywire says it has processed more than $8 billion worth of payments for more than 1,400 customers around the world. The new investment...…

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Blend launches insurance agency

The mortgage technology company is expanding into home insurance, which is often required to be in place when a new home sale is...

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Taxfix picks up $13m

Berlin-based maker of a mobile assistant for tax filing, raised $13 million in Series A funding led by Valar Ventures.

Launched in 2017, Taxfix is built on the premise that filing taxes remains a daunting task in most countries, involving a lot of archaic...…

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One for the Ladies.....?

If you are a group of 4 over 18 females and you fancy a “blockchain cruise” around the Med in September, tickets for ladies are...

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HSBC brings in AI to help spot money laundering

UK based AI driven AML and fraud detection software has raised $20m in Series B funding led by Dawn Capital, with participation from HSBC.

The move comes just months after HSBC froze an account connected to an alleged $500m fraud by the son of Angola’s former president, a...…

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Radar Relay raises $10m

Colorado based decentralized trading platform has raised a $10m Series A led by Blockchain Capital.

The money will be used to expand the startup's community team and start new research and development projects, according to CEO Alan...…

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PROVIDER OF TECH-BASED FLOOD INSURANCE CLINCHES £1.9M

London based provider of flood insurance has raised a $2.5m Series Seed from LocalGlobe, Pentech Ventures and InsurTech Gateway.

FloodFlash has developed a technology-led approach that makes flood insurance available to everyone, including those with the highest...…

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