Upfront Secures $10 Million to Boost Financial Infrastructure for MENA SMBs
Dubai's Upfront secures $10 million for SMB financial system in MENA. The funds aim to enhance products and expand UAE…
Waylog Frees Capital for SMEs with Innovative Supply Chain Finance
SMEs face cash flow issues due to tied-up capital in inventory. Waylog facilitates immediate supplier payments, boosting SME growth. The…
SMBs Demand Accelerated Payments As Banks Favor Large Enterprises
Banks continue to tilt real-time payment services toward large enterprises. Small businesses face liquidity pressures, favoring fintech for faster payments.…
TrueLayer Boosts Transactions but Faces Profitability Challenges
TrueLayer's transactions rose 84% in 2024. Workforce reduction aimed at achieving profitability. TrueLayer's total payment volume exceeded $56 billion.
PhonePe Eyes $15 Billion Valuation in Public Debut
PhonePe plans to go public, targeting a $15 billion valuation. IPO could raise $1.5 billion, solidifying its market position. Strategic…
Stripe Surpasses Previous Valuation with New Milestone
Stripe reached a new valuation milestone of $106.7 billion. The acquisition of Bridge showcases its focus on stablecoins. Stripe opposes…
TRIVER Secures £114M to Redefine UK Small Business Financing
TRIVER raises £114M to improve SME finance access in the UK. AI and Open Banking data facilitate rapid funding solutions.…
Goodvest Secures €12 Million to Broaden Responsible Investment Offerings
Goodvest raised €12 million in a Series B funding round. The funds will expand their ecological and social impact offerings.…
FICO Launches Tools to Tackle AI Hallucinations in Financial Services
FICO unveils tools to tackle AI hallucinations in finance. New tools offer domain-specific insights for risk management. FICO emphasizes accuracy…
Revolut Explores Expanding into U.S. Banking Sphere
Revolut plans to enter the U.S. banking sector by purchase or license. The firm commits significant investment to its UK…
