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Vertice gains $25 million in Series B

Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning fast revenue growth. The company has now raised a total of $51 million since January 2022, upping its valuation into the hundreds of millions. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.

/startups

POS home retrofitting solution gets almost £1.8m grant

A new project to develop an innovative point-of-sale finance technology solution for residential retrofit decarbonisation has been awarded almost £1.8m in government funding for its 14-month Pilot Phase. This follows an extensive six-month Discovery Phase that ended in October 2023.

/startups

FinTech Wales welcomes Starling Bank as latest Partner

FinTech Wales, the independent members association and champion of the Fintech and Financial Services industry in Wales, has welcomed Starling Bank as the latest organisation to become a Partner to empower Wales as a globally recognised hub of fintech excellence.

/startups

Plug and Play and Visa select 21 startups for accelerator programme

Plug and Play, the world’s largest global innovation platform, and Visa announced today the selection of 21 cutting-edge startups to participate in the Visa Inclusive Fintech Accelerator.

/startups

Sella Group Venture Incubator finalises an investment in Lendit

The Sella group Venture Incubator has finalized an investment in Lendit, thanks to the Seed Venture platform allowing to manage contracts through the issuance of tokens

/startups

CAB Payments revises guidance upwards

CAB Payments, a market leader in business-to-business cross-border payments and foreign exchange, specialising in hard-to-reach markets, announces that total income for the year ended 31 December 2023 will be approximately 25% above the prior year (2022: £109.4 million).

/startups

Karma Wallet goes live with $2 million capital injection

In a bold move to fuse financial technology with environmental stewardship, Karma Wallet has announced the launch of their Karma Wallet Card, a groundbreaking new spending tool that redefines the power of purchase.

/startups

NatWest debuts Intellectual Property-based lending for high growth businesses

NatWest Group has launched a new lending proposition for high growth businesses to enable them to lever off the value of their Intellectual Property (IP).

/startups

Apex launches standalone ESG unit, Holtara

Today sees the launch of new sustainability services brand, Holtara.

/startups

Finbourne and OpenFin join first cohort of IA's Engine innovator programme

The Investment Association (IA) has today launched its latest initiative through Engine, its specialist FinTech accelerator and innovation hub for the investment management industry.

/startups

UK innovation sector on upwards trajectory as venture capital investment turns a corner

2024 could be the year of recovery after UK venture capital turned a corner in H2 2023 according to new analysis from HSBC Innovation Banking and Dealroom.

/startups

DeFi startup NoahArk bags $2.4 million investtment

As a pioneer in the decentralized finance (DeFi) sector, NoahArk Tech Group is excited to announce the receipt of a strategic $2.4 million investment from EOS Network Ventures (ENV).

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