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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 […]

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

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.

Glassbox Secures an Investment from Poalim Equity to Expand AI-Driven Experience Analytics in Financial Services

Glassbox, a leading provider of digital experience analytics for financial institutions, today announced a minority investment from Poalim Equity, the investment arm of Bank Hapoalim, Israel’s largest financial group. The investment marks a new chapter in the partnership between the two companies and will fuel Glassbox’s next phase of innovation, accelerating the development of advanced analytics and AI solutions purpose-built for financial institutions. Bank Hapoalim has been a long-standing Glassbox customer, using its platform to optimize digital engagement and better serve its clients.

Fintech Alaan Raises $48 Million to Equip MENA Finance Teams With AI Agents

Alaan has raised $48 million to accelerate expansion in Saudi Arabia and power the next phase of its growth, focused on AI-driven finance automation

Grasshopper Raises $46.6 Million in Funding and Appoints New Board Members to Fuel Next Phase of Growth

Grasshopper, the client-first, full service digital bank, today announced it concluded a $46.6 million funding round

Maven Leads £5 Million Investment in Approov to Redefine Mobile App Security

Approov Limited (“Approov”), a mobile app security software business, has secured a £1.2m investment from the Investment Fund for Scotland, managed by Maven Capital Partners (“Maven”). This is part of a £5 million funding round with participation from Souter Investments, and existing investors Lanza techVentures and Scottish Enterprise.

Triple Point Team Supports Pelican Capital’s Investment Into Capacitas

Triple Point’s Private Credit team supported the provision of a senior loan to enable Private Equity firm Pelican Capital’s investment into Capacitas, a leading UK-based cloud optimisation consultancy.

Uzum Secures $70M Equity Financing Led by Tencent and VR Capital, Reaches $1.5B Valuation

Uzum, Uzbekistan’s leading digital ecosystem, has secured nearly $70 million in equity financing from Tencent and VR Capital, with participation from FinSight Ventures – a U.S. fund focused on AI, fintech and super-app investments, and lead investor in Uzum’s first equity round completed in March 2024.

Blue J Announces $122M Series D Financing Led By Oak HC/FT and Sapphire Ventures

Blue J, a leading GenAI tax research platform, today announced it has raised $122 million in U.S. dollars in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners, and previous investors Ten Coves Capital and CPA.com. Coming seven months after Blue J’s Series C round, this investment signals a clear market consensus that Blue J is the breakout winner in its category.

Daloopa Receives $13M Strategic Investment to Power the Next Generation of AI in Finance with the Most Accurate and Complete Data Infrastructure

Daloopa, announced a $13 million investment to meet demand for high-quality data powering LLMs and AI agents in financial services.

Niger: African Development Bank Extends Loan of Over $144 Million to Enhance Energy Access and Economic Competitiveness

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $144.27 million to Niger for the first phase of a program that will reform energy sector laws and address the country's critical power shortage.

Ramp Raises $500 Million at $22.5 Billion Valuation to Accelerate AI and Build the Future of Finance

Ramp, the leading financial operations platform, announced its Series E-2, raising $500 million at a […]

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  4. PensionBee Urges Pensions Commission to Deliver Bold Reforms to Secure Better Retirements for Millions of UK Savers Read more
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