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Tuesday, September 23, 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 […]

ModernFi Raises $30M Series B Strengthening Its Position as Foundational Infrastructure for the U.S. Banking System

ModernFi, the leading technology provider for deposit management, today announced a $30 million Series B funding round. Led by Canapi Ventures, with participation from Andreessen Horowitz, Curql, Remarkable Ventures, and new investor Intercontinental Exchange, Inc. (NYSE: ICE), the round brings ModernFi’s total funding to over $60 million. This investment reflects growing institutional recognition of ModernFi’s role as critical infrastructure for deposit stability and liquidity management in the post-2023 banking landscape.

Admiral Partners with iVendi to Accelerate Motor Finance Expansion Innovatively

Admiral Car Finance, part of Admiral Group, continues expanding its presence in the dealer finance market, having signed up over 450 dealers so far. A key factor in this success is the business’s focus on customer pre-approval and a strong commitment to transparency and digitalisation, aimed at helping car buyers to make informed financing choices through their preferred dealer.

Kite Raises $18M in Series A Funding To Enforce Trust in the Agentic Web

Kite, a company building the foundational trust infrastructure for the agentic web, today announced that it has raised $18 million in Series A funding, bringing total cumulative funding to $33 million.

Fiinu Plc Looks to Raise £1.41 Million Through a Targeted Fundraise and Welcome QVP I Luxembourg as Key Investor

Fiinu Plc (AIM: BANK), the London-listed fintech behind the Plugin Overdraft® platform, has entered into subscription agreements for it to raise up to £1.41 million in gross proceeds through the issue of 9.4 million new ordinary shares at 15 pence per share.

School Costs Leave Parents’ Pensions Short-changed, New PensionBee Survey Finds

As UK children prepare to head back to school, a new survey from PensionBee, a leader in the consumer retirement market, reveals the stark financial trade-offs parents are being forced to make – with saving for retirement often one of the first casualties.

iCapital And Pantheon Expand Global Partnership to Broaden Investor Access to Evergreen Funds

iCapital, the global fintech company shaping the future of investing, announced today it has extended its global partnership with Pantheon, a leading global private markets investor, to further enhance investor access to evergreen funds to include the Pantheon Global Credit Secondaries strategies.

Rain Raises $58M Series B Led By Sapphire Ventures to Become the Enterprise Stablecoin Platform of Record

Rain announced a $58 million Series B funding round led by Sapphire Ventures

First Northern Credit Union Selects Appli to Modernize Member Lending Experience

Appli, a provider of artificial intelligence-powered financial calculators, today announced that First Northern Credit Union has selected its calculator platform to improve how members explore borrowing options online.

PensionBee Comments on Latest DWP Pension Credit Statistics

PensionBee, a leading online pension provider, has commented on the latest data from the Department for Work and Pensions, which reveals a 16% decrease in Pension Credit applications from the comparable period last year, whilst showing a 44% overall increase in the year following the initial announcement of Winter Fuel restrictions in 2024.

Hemi Raises $15 Million to Accelerate Bitcoin Programmability Ahead of Token Launch

Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network

Cashku Secures Rm 10 Million Strategic Investment to Power Malaysia’s Digital Financial Planning Revolution

Backed by a group of reputed strategic investors, the RM 10 million round will fuel Cashku’s mission to scale its digital financial planning platform across Malaysia

Bolt Food Launches Bolt Food Finance in Partnership with Finmid, Bringing Fast, Flexible Capital to Thousands More SMBs Across Europe

Delivery platform Bolt Food has partnered with financial infrastructure innovator finmid to launch Bolt Food Finance – a program aimed at helping small and medium-sized businesses quickly and easily access funds they need to grow.

Northern Trust Mutual Fund Servicing Relationship with Morningstar Investment Management Extended

Northern Trust (Nasdaq: NTRS) today announced the continuation of its comprehensive asset servicing relationship with Morningstar Investment Management, supporting nine multi-managed registered mutual funds with approximately $5 billion in assets under management.

Relcu Raises New Funding to Build the AI-Powered System of Action for Financial Services

Relcu, the all-in-one Unified CRM and AI Agent Co-Pilot built for financial services, today announced it has raised new funding

Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025  

Today, Experian has published its latest MarketIQ report, detailing M&A activity across the UK and Ireland for the first half of 2025. ThinCats has ranked as the top alternative finance provider of debt funding across the UK, for deal volume.

  1. Revolut Pledges £3bn Investment and 1,000 UK Jobs at London Global HQ Opening Read more
  2. GoCardless Picks Leeds For New ‘Northern Hub’ Office Read more
  3. Alloy Empowers Global Banks, Fintechs, and Payments Companies to Automate Perpetual KYC Read more
  4. PensionBee Urges Pensions Commission to Deliver Bold Reforms to Secure Better Retirements for Millions of UK Savers Read more
  5. Zego Reports Strong Results and Launches New Consumer Insurance Product Read more
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