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Latest Results from /wholesale

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Government vows to make UK 'fintech capital of the world'

The UK government is promising bespoke support for financial technology firms as they start, scale and list as it vows to make the country the "fintech capital of the world".

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Lithuanian fintech granted first DLT licence in Baltics

Axiology, a Lithuania-based tech firm operating in the digital assets space, has been granted a licence from the Bank of Lithuania to carry out digital bond issuance via the blockchain.

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AI up lad! Yorkshire launches AI investment fund

English county Yorkshire is bidding for a prime position in the UK's AI sector with the launch of an investment fund targetting AI startups.

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Starling eyes NYSE listing

UK-based challenger bank Starling is considering listing on the New York Stock Exchange as part of its US expansion plans.

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Rydoo buys accounts payable automation specialist Semine

Expense management provider Rydoo has acquired AI-powered accounts payable automation technology provider Semine. Financial terms were not disclosed.

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JP Morgan to charge fintechs for customer data

Fintechs wanting access to banks' customers' data may have to pay for the privilege, according to a report from Bloomberg on US bank JP Morgan.

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Survey suggests boom in banks' cloud adoption

The vast majority of financial services firms are accelerating their investment in cloud technology, suggests a recently released survey.

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Ageras makes 8th acquisition with payroll company Employes

Accounting, admin, and banking software platform Ageras has made its eighth acquisition in Dutch payroll company Employes.

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Propel Venture Partners closes $100m fund

Propel Venture Partners, the BBVA-backed seed-stage venture firm targeting fintechs, has closed a $100 million fund.

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Deutsche Bank goes live with Swift Instant Cash Reporting

Deutsche Bank has gone live with Swift’s new API-driven Instant Cash Reporting (ICR) tool for accessing real-time account and balance information with a single, standardised connection.

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Alternative investment platform iCapital raises $820m

Alternative investment platform iCapital has raised over $820 million at a valuation of more than $7.5 billion.

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Australia to commence multiple trials of tokenised asset settlement and CBDC

Project Acacia, a joint initiative between the Reserve Bank of Australia and Digital Finance Cooperative Research Centre (DFCRC), has selected 14 participants to undertake trials of tokenised asset settlement in financial markets.