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Latest Results from /startups

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Friday Harbor raises $6m for AI-powered mortgage origination

Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, has closed a $6 million seed round.

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Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

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Gen Z wealth platform Alinea Invest raises $10.4 million

Alinea Invest has raised $10.4 million in Series A funding to build the investing app for the Gen Z youth market.

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FCA to make it easier for startups and innovative products to get to market

The Financial Conduct Authority has unveiled plans to make it easier for firms to test innovative products and to support new firms applying for regulatory approval as part of its work programme for 2025-2026.

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Ryft raises £5.7m to take on Stripe Connect and Adyen

UK-based decentralised payments platform Ryft has raised £5.7 million in Series A funding to help acquiring banks take on industry giants Stripe Connect and Adyen.

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Bitcoin-backed lending platform Firefish raises $1.8m seed funding

Firefish, a European open marketplace for bitcoin-collateralised loans, has raised $1.8 million seed funding.

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M&T Bank and Mass Fintech Hub: Competition and collaboration now a synonymous positive

As the industry has evolved rapidly, it has created a unique blend of challenges for both traditional banks and fintech firms that make a symbiotic relationship between the two more critically important. Looking at the history of this evolution and towards the future, there is a growing realisation that a fierce rivalry is long gone and, in its place, partnership and friendly competition.

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Meet the minds shaping the future of payments at NextGen Nordics

The rapidly evolving world of payments is being shaped by some of the brightest minds across industries, and this year’s NextGen Nordics event on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden is set to be a pivotal moment in exploring how the sector is advancing. Attendees will have the rare opportunity to engage with leading figures driving innovation, digital transformation, and the future of financial services in the Nordic region.

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Fuse raises $6.6m to power cross-border payments in Mena

Truelayer and BVNK veterans have raised $6.6 million for their startup building the infrastructure to power real-time cross-border payments in the Middle East and North Africa.

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African neobank Djamo raises $17 million

Djamo, a neobanking startup serving the underbanked market in Francophone West Africa, has raised $17 million.

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Wearable UK tipping app launches

UK startup thankyü has unveiled an app that lets customers tip hospitality staffers with a tap of their phone against a wearable tipping band.

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Frank founder Javice found guilty of defrauding JPMorgan

Charlie Javice, founder of student financial aid assistance company Frank, has been found guilty of defrauding JPMorgan Chase in its $175 million acquisition.