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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 […]
EvoluteIQ Secures $53m Growth Investment Led by Baird Capital to Accelerate Global Expansion of Its Agentic AI Platform
EvoluteIQ, a native AI platform with global Fortune 500 customers, today announced the completion of a $53 million minority growth capital round led by Baird Capital. This strategic investment positions the company to accelerate its global expansion and cement its leadership in enterprise-grade agentic AI led automation space.
Eagl Raises €825K to Automate Month-End Close With AI Agents for Inhouse Finance Teams
Eagl has raised €825,000 in funding to expand its engineering team and accelerate development of its AI-native financial agentic platform
Over Half of Brits Lack Retirement Confidence as Cost-of-living Bites
New research from PensionBee, a leader in the consumer retirement market, reveals that September is a pinch point for household budgets, with rising bills leading many to reconsider their long-term savings.
Afreximbank’s Africa Research and Innovation Hub (ARIH) Seeks to Unlock US$70 Billion Annual Economic Gains for Africa
The African Research and Innovation Hub (ARIH) that was recently launched by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is seeking to unlock up to US$70 billion annually in economic gains for Africa by boosting innovation-driven sustainable growth.
The West African Development Bank (BOAD) Officially Joins the Global Alliance Against Hunger and Poverty
The West African Development Bank (BOAD) (www.BOAD.org) is pleased to announce its official membership in the Global Alliance Against Hunger and Poverty. This initiative, spearheaded by the Brazilian Presidency of the G20, seeks to eradicate hunger and poverty (SDGs 1 & 2) and reduce inequalities (SDG 10) by supporting low-income countries.
Resolvr Secures Seed Funding Led by Axiom to Revolutionize Insurance with Bitcoin
Resolvr, a Bitcoin-native insurance technology company, announced it has secured seed funding
Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion
Tamara has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major FIs
HALA Raises $157m in One of the Middle East’s Largest Fintech Series B Rounds, Led by TPG and Sanabil Investments
HALA raised $157 million in a Series B investment round, one of the largest fintech Series B funding rounds in the Middle East
KKR Agrees to Acquire Newday’s Consumer Credit Portfolio From Cinven and CVC
Cinven and CVC have agreed to sell NewDay’s portfolio of consumer credit receivables to private credit funds and accounts managed by KKR, a leading global investment firm.
Polygon Labs and Cypher Capital Expand Institutional Access to POL Across the Middle East
Polygon Labs, the core development team behind the Polygon ecosystem, has launched a new initiative with Cypher Capital, a global investment firm specializing in digital assets and Web3 innovation, to launch a new initiative designed to expand institutional access to POL, the native token powering Polygon’s ecosystem. Cypher Capital, which recently acquired a significant amount of POL, will collaborate with Polygon Labs to provide structured strategies that enable institutional investors to gain exposure to POL while generating yield and strengthening the growth and security of the network.
More Than 1 in 3 Employees Have Withdrawn from Their Retirement Funds; Many Expect to Tap Them Again Next Year
Payroll Integrations, the technology company that’s reimagining how employers support employees’ financial well-being through benefit automation, has released the first part of its two-part 2025 Employee Financial Wellness Report. The second annual report reveals rising concerns over retirement stability, with 38% of surveyed employees reporting they have tapped their retirement funds and a third (33%) planning to do so within the next year. While withdrawals occur across all demographics, they are especially common among younger workers–nearly half (46%) of Gen Z employees report having taken out funds.
Fundbox Embeds Capital Into EverCommerce SaaS Platforms to Power Service SMBs
Fundbox, the leading embedded capital infrastructure provider for small and medium-sized businesses, has partnered with EverCommerce Inc. (NASDAQ: EVCM), a leading provider of SaaS solutions for service-based SMBs, to bring fast, flexible funding directly into the platforms customers use to manage their businesses.
ClearScore UK Triples Full Year Profit to £18.8m as Revenue tops £89m
The ClearScore Group, a global leader in financial marketplaces, has announced record results for its UK business for the year ending 31 December 2024. The combined Group is now producing close to £150m in annual revenue.
Florent Venture Partners launches AI-focused Luxembourg Venture Fund on fundcraft
Florent Venture Partners has launched its debut fund, a Luxembourg SCSp, to back founders building the next generation of AI-native applications across Northern Europe and beyond.
Propel Finance Provides an Embedded Finance Offering in Partnership with Select
Propel Finance, the UK’s fastest-growing asset finance lender, will work with Apple’s channel partners to offer finance solutions to small and medium businesses investing in Apple devices. The programme will be launched with Select, an Apple Premium Partner.
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- Alloy Empowers Global Banks, Fintechs, and Payments Companies to Automate Perpetual KYC Read more
- PensionBee Urges Pensions Commission to Deliver Bold Reforms to Secure Better Retirements for Millions of UK Savers Read more
- Zego Reports Strong Results and Launches New Consumer Insurance Product Read more
- Reap Partners with Flagright for Real-Time Transaction Monitoring and AML Compliance to Power Expansion Read more