UK digital bank Chetwood Financial (Chetwood) has extended its Banking-as-a-Service (BaaS) capabilities with the acquisition of core banking provider Yobota. Founded alongside the bank in 2016 and developed as a separate entity, Yobota is a London-based technology company that has built a fast, flexible, cloud-native core banking platform. The platform
Tarana Wireless has raised USD170 million at a USD1 billion valuation from preeminent venture and institutional investors to support their rapid growth. The round was co-led by Axon Capital, Khosla Ventures, and Prime Movers Lab. Also participating were Michigan State Pension Fund, I Squared Capital, and two other large, industry-leading
London-based retailer agnostic mobile app Slip has secured GBP750k in a pre-seed fundraise ahead of its summer launch. Founded in 2021 by Tash Grossman and Eddy Herman, Slip aims tosimplify the retail experience for customers by allowing its users to receive digital receipts via QR codes, view and manage their
Paragin, an education technology (EdTech) software company based in the Netherlands that provides solutions for the development of competency, knowledge and talent of students and professionals, is partnering with leading mathematics software specialist SOWISO. The collaboration is backed by software investor Main Capital Partners (Main). The combination of Paragin and
Mitek, a leader in digital identity (ID) verification and fraud prevention, has acquired UK KYC (know your customer) technology specialist, HooYu. The acquisition helps to ensure businesses know the true identity of their customers by linking biometric verification with real-time bureau and sanction database checks. Through this acquisition, organisations gain
Katie Haun, a crypto investor, has raised USD1.5 billion for her new fund, Haun Ventures, according to CNBC. Pitchbook is reported as saying it is the largest debut venture fund ever raised by a solo female founding partner. The former highest was a USD1.3 billion fund raised by investment banker,
Handle.com, a software platform for construction payment compliance, has closed a USD10 million Series A funding round led by Energize Ventures and Ironspring Ventures. Handle will leverage this funding to expand its support, engineering, and sales teams across the country. Backed by Y Combinator, Handle already has some of the
Growth equity investment firm FTV Capital has held the close of FTV VII, its seventh and largest fund, oversubscribed at its hard cap of USD2.3 billion in capital commitments. The firm will continue its successful 24-year track record of investing in innovative, high-growth companies across the enterprise technology, financial services
Elbow Beach Capital, the decarbonisation, sustainability and social impact investor today announces its first investment, backing wastewater treatment and bioenergy company, WASE with an initial GBP400,000 investment, to be followed by a further GBP300,000, following closure of the oversubscribed Seedrs campaign. Receiving further support from the Science Angel Syndicate, and
Crestbridge, a global provider of independent, end-to-end professional administration solutions to corporates, asset managers, institutional investors, and family offices, has appointed Barry Hindmarch as Director and Head of Real Estate – UK. Based in London, Hindmarch will be responsible for leading Crestbridge’s UK Real Estate business and for the management
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