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Wednesday, September 24, 2025
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Small Business Outlook: Capital, Costs, and GenAI | Shruti Patel, U.S. Bank

Shruti Patel, who leads business banking at U.S. Bank, walks through highlights from their third […]

RDC.AI Partners with BNZ to Accelerate Credit Access For SMEs, with Funds Approved in as Little as 3 Minutes

RDC.AI (formerly Rich Data Co), a global leading explainable AI decisioning platform for business and commercial lenders, today announced its collaboration with Bank of New Zealand (BNZ) to launch the Merchant Flexi Loan, an innovative cashflow-based, unsecured lending solution that enables small businesses to receive tailored offers and loan approval in minutes.

Clearspeed Secures $60M in Series D Funding for Dual-Use Voice-Based Risk Assessment Technology

Clearspeed announced it has secured $60 million in Series D funding, bringing the company’s total funding to $110 million

Wealth Club Raises £1.6 Million for Disruptive Luxury Retailer Rise & Fall as Part of £4 Million VC-Led Round

Wealth Club is pleased to announce it has successfully raised £1.4 million for Rise & Fall, the fast-growing online retailer redefining affordable luxury. The investment forms part of a £4 million funding round led by Guinness Ventures.

CIBC Innovation Banking Provides Debt Financing to Support Norvestor’s Acquisition of Swedish Accounting Software Company Wint

CIBC Innovation Banking today announced that it has provided debt financing to support Norvestor’s acquisition of Wint, a Swedish technology company offering an automated accounting and payroll solution for micro and small businesses.

Veda Raises $18M Led by CoinFund to Bring Institutional-Grade DeFi Yield to Consumer Apps Through $3.7B+ Vault Platform

Veda, the leading DeFi vault platform enabling crypto applications, asset issuers, and protocols to build enterprise-grade cross chain yield products, today announced it raised $18M in funding.

TBC Bank Uzbekistan Secures $12.5 Million from Dutch Impact Investor Triple Jump

TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announces today it has secured $12.5 million from Dutch impact investor Triple Jump to further diversify its funding base and increase financial inclusion in Uzbekistan by accelerating the roll out of the bank’s new SME Lending product.

Finom Raises €115 Million Series C to Fuel European Expansion

Finom, the European digital financial services platform for entrepreneurs and SMEs, today announced it has closed a €115 million Series C funding round led by AVP (previously AXA Venture Partners), with participation from new investor Headline Growth and existing investors General Catalyst, Northzone, and Cogito Capital.

OpenFX Raises $23M in Initial Funding to Revolutionize Cross-Border Payments with Real-Time FX Settlement Capabilities

OpenFX, the FX infrastructure company revolutionizing cross-border payments, today announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company's unprecedented growth from $0 to $10 billion in annualized transaction volume in under 12 months since its stealth launch in early 2024.

Extend Raises $17 Million to Build the Document Processing Cloud

Extend, the leading AI-native document processing platform, today announced $17 million in seed and Series A funding.

Salmon Raises $88 Million to Grow Its Business in the Philippines

Salmon completed an $88MM fundraise to double down on its commitment to bring cutting-edge fintech and simplify access to credit across Southeast Asia.

Octane Secures $5.2M to Transform Fleet Payments Across MENA

Octane, Egypt’s leading digital platform for fleet and on-road expense management, has raised US $5.2 million in a funding round led by Shorooq, Algebra Ventures and Elsewedy Capital Holding.

Fintech Startup Aspora Secures $53 Million in Series B to Transform Banking for Global Indians

Aspora, a fintech company committed to reimagining banking for immigrants, has announced the successful raise of $53 million in Series B funding, co-led by Sequoia and Greylock, with Quantum Light Ventures also contributing to the round.

Vistra Strengthens U.S. Fund Solutions Team With Strategic Hires, Signaling Continued Growth and Investment in North America

Vistra, a leading global provider of essential business services, today announced three new VP appointments to its U.S. Funds Solutions team – Alex McGillivary, Ira Schnell, and Vincent Rupp.

GrailPay Raises $6.7M to Build the Risk and Intelligence Layer for Bank Payments

GrailPay announced $6.7 million in funding to expand its suite of tools that make ACH transactions safer, smarter, and faster

Payrails Raises $32m Series A to Help Global Enterprises Maximize Payment Performance

Payrails has raised $32 million in Series A funding to further its mission of enabling enterprises to take control of their payment operations

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