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Citi Ventures Invests in Core Banking Provider Tuum
Tuum, a London and Tallinn based core banking provider, announced that Citi Ventures, a venture capital arm of US-headquartered Citigroup, has become a strategic investor in the company as a follow-on from Tuum’s recently announced series B fundraising. At the
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PPRO Secure Additional 85 Million EUR Growth Funding
PPRO, a London based payments platform, has announced the completion of a dual tranche funding round totalling €85 million to pursue growth in key markets and further enhance its global network of local payment methods. The funding is provided by
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Mike Stawchansky to Spearhead Finastra’s Gen AI Initiatives as New Tech Chief
Financial software provider Finastra has appointed Mike Stawchansky as its new Senior Vice President and Chief Technology Innovation Officer. Mike, who will be working closely with the Office of the CEO, is set to spearhead the company’s initiatives in customer technology and innovation, particularly
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Synthesized Receives UBS Next Investment
Synthesized Ltd, a London based data firm who provides engineering teams a quick way to create and share production-like test and training data through machine learning and automation, announced that UBS Next, the group’s venture and innovation unit, is investing
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PPRO Appoints new CCO and CMO
PPRO, a leading digital payment platform based in London, has announced the appointment of two senior leader. Eelco Dettingmeijer as Chief Commercial Officer and Mariette Ferreira as Chief Marketing Officer. These strategic hires come at a time when PPRO is
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Core Banking Provider Tuum Grabs 25M EUR Series B Led by Commerzventures
Tuum, a London based core banking provider, announced that it has raised EUR25m, in a series B financing round led by CommerzVentures, with participation from Speedinvest alongside existing investors. Tuum has expanded rapidly since signing its first client partnership in
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VanEck and Marketvector Indexes Complete Strategic Investment in Digital Asset Data Provider CCData
CCData, a London-based digital asset data and index provider, announced that it has secured a strategic investment round led by VanEck, the New York City-based asset manager. The investment comes through VanEck’s affiliate MarketVector Indexes, a leading global index provider
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10x Banking Raises US$50M, Appoints New Chief Revenue Officer
10x Banking, a cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, has recently raised US$50 million in a new funding round and appointed Matt Mills as Chief Revenue Officer. The funding round, led by BlackRock
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SumUp Secures €285 Million Funding Round Amidst Global Fintech Fluctuations
SumUp, a London-based fintech company with German and Swiss origins, has recently raised approximately €285 million (around US$307 million) in growth funding. This funding comes at a time when the fintech market is experiencing notable fluctuations, making SumUp’s successful capital
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TX Ventures Leads USD 7.5M Seed Round of Triple
Triple, a London based provider of transaction data enrichment for financial institutions, has successfully raised a $7.5M Seed Round led by TX Ventures. The funds will allow Triple to further accelerate its growth and to continue bringing more AI solutions
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