UK fintech funding has dipped in the first half of 2023, as total cash raised reached $2.9 billion in the first six months, a 37% slump compared to the later half of last year, according to new figures from industry body Innovate Finance.
The digital assets arm of Boerse Stuttgart has hired Solaris tech chief Dennis Winter as CTO.
Morgan Stanley has made a strategic investment in 3Forge, a provider of code platforms for building mission-critical applications in financial services.
NatWest has bought Metro Bank’s £2.4b mortgage book, while also admitting to being forced to spend £24m on cancelled “Tell Sid” campaign by the previous government.
Cryptocurrency platform Crypto.com has been granted virtual asset service provider (Vasp) registration by the Bank of Spain.
Market communications surveillance firm Mirrorweb has secured a $63 million growth equity investment from Mainsail Partners.
London-based RegTech Cube has acquired operational risk AI and technology provider Acin. Financial terms were not disclosed.
Deutsche WertpapierService Bank (dwpbank) has agreed to buy Berlin-based brokerage-as-a-service platform lemon.markets
On the second day of Sibos, Benedicte Nolens, centre head of the BIS Innovation Hub moderated the session ‘Reality check: How far have CBDCs come?’, and the speakers outlined how central bank digital currencies (CBDCs) are in various processes of development in their countries.
Nvidia has announced the company’s financial results for the fourth quarter that reported a revenue of $22.1 billion, 22% higher from Q3 and 265% increased from last year.
The Depository Trust and Clearing Corporation (DTCC) has created a sandbox to test groundbreaking technology for the digital asset industry.
BNP Paribas has inked a multi-year agreement with Mistral AI, covering all of the French artificial intelligence giant’s commercial models.
In order to identify borrowers and facilitate the stock lending process, eToro will partner with BNY, which will act as the custodian, and stock lending platform EquiLend. This stock lending launch showcases how eToro is currently leveraging BNY’s global clearing platform, offering integrated solutions across US and international clearing, custody, settlement, execution, and financing.
Nasdaq Private Market (NPM) has closed a $62.6 million Series B funding round with support from a host of top banks.
Rapyd has announced the expansion of its card-acquiring service to the Singapore market.