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Riva Raises $3m to Build Blockchain-powered Technology to Bypass Banks and Deliver Faster, Cheaper Global Money Transfers
Riva Money, the global payments firm using blockchain technology to streamline the movement of money, has raised a pre-seed round from Project A as well as angels from Revolut, Monzo and J.P. Morgan. The USD 3 million round will be used to solve the persistent pain points of global money transfers.
HSLC Taps Vine for AI-Powered Commercial Lending
HSLC, $227 million community bank serving Ohio and Kentucky, will reduce commercial loan processing time from days to hours after implementing Vine’s AI-powered lending platform. The 130-year-old institution expects to eliminate manual document processing while improving accuracy across its commercial real estate, equipment financing, and agricultural lending portfolio.
Allocations Facilitates $25.6M Investment via Six Vehicles for Multiple Fund Managers into World’s Largest Public BNB Treasury Company
Allocations, a global fund administrator and AI-powered investment platform, has structured $25.6 million through six investment vehicles
Brits Save £400 a Year by Cancelling Subscriptions - But Still Lose £61 to the ‘direct debit trap’, HSBC UK
New research from HSBC UK reveals that while Brits are actively cutting back on subscription services, many are still losing money to 'invisible spending' - particularly through automatic payments they forget to cancel.
AfriCaribbean Trade and Investment Forum (ACTIF) 2025 Closes with Over USD 300 million in Deals
The Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) has concluded with over US $300 million in investment and trade deals signed and a robust communiqué affirming both regions’ commitment to deeper collaboration. The two-day event, co-hosted by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Government of Grenada, brought together more than 2,100 delegates, from 80 countries, including 11 Heads of State and Government, representatives of governments, private sector leaders, and development partners.
Borough Broth Simmers Steady Growth with Invoice Finance Support From eCapital
Borough Broth, the UK’s leading brand in organic, slow-cooked bone broths, is using a tailored Invoice Finance facility from eCapital to support its national expansion and product innovation.
Disruptor, TransBridj Announced as a Finalist in Proptech Innovator Award by API
South Africa’s fastest, most secure and only digitised bridging funding platform, TransBridj, has been announced as a finalist in the ‘Most Innovative Proptech Company of the Year’ award as part of the Annual Africa Proptech Forum, hosted by the Africa Property Investment (API) Summit. The awards will be handed out on the 18th of September 2025 at the 16th API Summit at The Westin in Cape Town.
Levr Bet Raises $3M for Leveraged Sports Betting on Monad, Led by Blockchain Capital and Maven 11
Levr Bet, today, announced it has completed a $3 million round led by Blockchain Capital and Maven 11 for the world’s first leveraged sports betting platform. Building on Monad, the seed round brings Levr’s fundraising total to $5.3 million since 2024.
United Arab Bank Successfully Raises AED 1.03 Billion Through Rights Issue
United Arab Bank (UAB), listed on the Abu Dhabi Securities Exchange (ADX) announced the successful completion of its capital increase, which ended on July 29, 2025. The Rights Issue raised AED 1,031 billion increasing the Bank’s issued capital from AED 2,062 billion to AED 3,093 billion. The newly issued shares were priced at AED 1 per share. All necessary regulatory approvals have been obtained for this transaction.
Alkymi Raises Strategic Financing to Accelerate AI-Powered Transformation of Financial Services
Alkymi, the leading AI-powered data workflow platform for financial services, today announced a strategic financing round
NEA-Backed NG.CASH Announces the Close of $26.5M Series B
NG.CASH, a consumer fintech platform built to serve Brazil’s digital-first generation, has announced the close of a $26.5 million Series B funding round
Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions
Accenture Ventures has made an investment in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets
Wagestream Transforms Workplace Lending with Affordable Loans Product
Wagestream, the market leader in workplace finance and wellbeing, has announced advancements to its Workplace Loans product. These developments, supported by the £300 million debt financing secured from Citi in April, directly address the issue of inaccessible credit, and reinforce Wagestream’s commitment to providing fair financial services to the everyday worker.
Objectway Accelerates Its Growth Path Through an Investment from Cinven in Partnership
Luigi Marciano, founder of Objectway, a leading provider of software and services to financial institutions across Europe, North America and the Middle East, along with Objectway’s management team and international private equity firm, Cinven, today announced an agreement under which Cinven will make a majority investment in Objectway. Luigi Marciano will remain a significant shareholder alongside Cinven, and continue in his role as CEO and Chair. He and his existing management team will continue to manage the business, and Cinven’s backing will provide strategic and financial support, including continued investment in technology innovation, as well as support for future organic growth and targeted M&A opportunities. Together, Luigi Marciano, his team and Cinven aim to expand Objectway’s market leadership while delivering consistently high value to clients. Financial terms of the investment are not disclosed.
DF Capital Goes Live with Lendscape’s Platform as Bank Launches Asset Finance Offering
Lendscape is pleased to announce that DF Capital, a specialist bank, has successfully gone live with Lendscape's asset finance platform. This milestone has enabled DF Capital to launch its asset finance offering to market; providing additional financing solutions to SMEs, as well as its first consumer finance products.
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