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Latest Results from /startups

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AI workflow startup Model ML raises $75 million

Model ML, an AI-based workflow automation startup for deal teams at financial services companies, has raised $75 million in Series A financing just one year after launch.

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UK Government announces billions in AI investment ahead of Budget

The UK Department for Science, Innovation, and Technology announced billions of pounds in investments for AI innovation on Thursday.

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AI credit intelligence platform Kaaj raises $3.8m

AI credit intelligence platform for small business lending Kaaj has raised $3.8 million in a seed funding round led by Kindred Ventures.

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Ex-Revoluters raise $10 million for compliance startup

Condukt, an AI-based compliance startup founded by former employees of Revolut, has raised $10 million to support expansion into regulated financial services.

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Sustainable Finance.Live 2025: Naturemind.ai and Lloyds win hackathon

Naturemind.ai and representatives of Lloyds Banking Group have won the Sustainable Finance.Live 2025 Hackathon.

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IOSCO highlights risks of tokenisation

A report from the International Organization of Securities Commissions (IOSCO) has highlighted the challenges involved with the nascent tokenisation market including uneven efficiency gains for participants, legal uncertainty and inconsistent regulation.

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ClearBank founder bounces back with Sporta

Andrew Smith, ClearBank founder and former CTO, has launched his next venture, Sporta. Its first Crowdcube funding round values the startup at £35 million pre-money.

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Blockchain to 'eventually' power all transactions - StanChart CEO

Bill Winters, the chief executive of UK bank Standard Chartered, has stated that nearly all transactions will be settled on the blockchain, eventually.

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UK startups lacking AI expertise at board level

UK startups and scaleups are being urged to address an absence of AI skills within their boardrooms, according to a recently published report

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Barclays to acquire lending startup for $800m

UK bank Barlcays is set to expand its presence in the US consumker banking market after agreeing a deaL to purchase US-based personal lending fintech BestEgg for $800m.

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Saudi BNPL startup Tabby increases valuation to $4.5bn

A secondary share sale has seen the valuation of MENA-based financial app Tabby rise to more than $4.5bn.

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Bunq secures US broker dealer licence

European challenger bank bunq has been approved by US regulator FINRA to act as a broker dealer in the US market.