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Latest Results from /startups

/startups

Payment infrastructure startup Polar raises $10 million

Polar, a fintech startup building payment infrastructure for AI-native SaaS companies, has raised a $10 million Seed round.

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Tensec raises $12m to become Stripe for global trade

Tensec, a startup founded by ex-Rapyd, Meta, and Goldman Sachs executives, has raised $12 million in seed funding to take on the $190 trillion B2B cross-border payments market.

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London fintech for immigrant communities Aspora raises $53 million

London fintech Aspora has raised $53 million in Series B funding, furthering its mission to build a financial ecosystem tailored to the unique needs of diaspora communities.

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Fintech sector braces for wave of M&A

After more than a decade of growth and hundreds of funded companies, European fintech is no longer a startup story — and the stage is set for a wave of strategic acquisitions over the next two to three years according to Victor Basta, managing partner at investment bank Artis Partners.

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Stablecoin startup Noah raises $22m

A former Adyen executive and an ex-UBS analyst have become the latest entrants into the increasingly crowned stablecoin infrastructure market, raising $22 million in seed founding for their startup, Noah.

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Barclays opens London innovation hub with Microsoft and Nvidia onboard

Barclays has opened a new innovation hub in London, working with a range of partners from across the tech industry – including Microsoft and Nvidia.

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Payroll data startup Teal raises £1.4 million

Payroll data platform Teal has raised £1.4 million in pre-Seed funding led by Passion Capital.

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JPMorgan opens Fintech Forward programme in the UK

JPMorgan has opened applications for a new fintech accelerater programme for startups and business founders in the UK.

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Fiserv to acquire AIB Merchant Services

Founded in 2007 as a joint venture between AIB and Fiserv, AIB Merchant Services (AIBMS) is one of Ireland’s largest payment solution providers and one of Europe’s largest e-commerce acquirers, providing businesses with the ability to accept card payments from their customers.

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LHV survey: Digital banks should pass savings from not operating physical branches to consumers

As the cost-of-living crisis continues, new research from LHV Bank reveals that 46% of UK adults are struggling to save regularly, despite reported income increases for nearly a third of the population.

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Money20/20: Building a net zero bank

Can a bank be fully net zero? And where can climate-conscious consumers turn to make ethical, sustainable payments?

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OatFi raises $24m to build credit network for B2B payments

Fintech infrastructure startup OatFi has raised $24 million in Series A funding to build a credit network for business-to-business payments.