Finextra Research Headlines
- Gideon Valkin launches $12 million fund to back Europe’s fintech Mafia April 30, 2024Gideon Valkin – formerly of Monzo, ClearScore and Entree Capital – has closed on a $12 million fintech venture fund, Adrena Ventures, and made his first investment in Nustom, an AI startup founded by Monzo’s co-founding CTO Jonas Templestein.
- Credit technology startup Abound moves into profit April 30, 2024British credit technology firm Abound has achieved profitability three years after its launch and is looking to double the size of its team in London from 65 to 130 this year.
- MAS lifts six-month IT ban on DBS April 30, 2024Singapore's central bank has lifted restrictions on non-essential IT services imposed on DBS Bank in the wake of a series of disruptive outages that hit the bank's payments and ATM services last year.
- Real estate financial technology company Backflip raises $15 million April 30, 2024Backflip, the all-in-one real estate and financial technology platform for real estate entrepreneurs, announced today its $15 million Series A led by FirstMark Capital, early investors in category-defining platforms Airbnb, Shopify, and Pinterest.
- ACI Worldwide publishes Prime Time for Real-Time report April 30, 2024Global real-time payments growth has reached sustainable levels with 266.2 billion real-time payments transactions recorded in 2023—a year-over-year (YoY) growth of 42.2%—according to the 2024 Prime Time for Real-Time report, published by ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, in partnership with GlobalData, a leading data and analytics company