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Alba, a Scottish banking startup for SMEs, obtains banking licence

Scotland’s first bank solely dedicated to small and medium sized business lending has been granted a banking licence by the UK Prudential Regulatory Authority (PRA) and the FCA.

/startups

FinTech Wales to offer training and employment opportunities for women in tech

FinTech Wales, the not-for-profit members organisation empowering Wales as a globally recognised hub of FinTech excellence, has teamed up with charitable organisation and campaigner for women’s rights, Chwarae Teg, to offer exclusive training and employment opportunities for females in Wales.

/startups

Growfin raises $7.5M led by SWC Global

SaaS fintech platform Growfin is building the tech stack for the modern-day CFO and revenue teams helping companies improve cash flow by accelerating the cash collection cycle.

/startups

Analytics startup Ramp Group raises $4m

Ramp Growth, the forecasting analytics startup, has closed a £4m seed round led by Albion Capital and Eurazeo.

/startups

Step moves into stock investing

Step, the all-in-one financial platform for the next-generation, has launched stock investing, was named FinTech Trailblazer and winner of Nasdaq Data Link and FinTech is Femme’s contest.

/startups

Innovation Challenge connects fintechs from London to the Brazilian market

There is great synergy between Brazil and the United Kingdom in the area of innovation in financial services.

/startups

African-focused FCA-approved digital escrow service Truzo launches

Truzo, the first African-focused FCA-approved digital escrow service, officially launches in the UK this week.

/startups

Apac fintech startups see decline across all venture capital funding stages in 2022

The Asia-Pacific (APAC) region has emerged as a significant hub for startups in the financial technology (fintech) industry over the past few years, with increasing number of venture capitalists (VCs) investing in the space.

/startups

Danske Bank sells startup jobs platform

After eight years as founder and owner of TheHub, Danske Bank is now selling the job platform to Norway’s MESH Community.

/startups

UBS commits $3 million to Black Innovation Alliance

UBS today announced a three-year, $3 million commitment to Black Innovation Alliance (BIA) to help build a more inclusive entrepreneurial ecosystem that equips Black founders with access to resources and support to build high-growth businesses.

/startups

Hinkus and Blomfield invest in Robin AI

Robin AI, the generative AI startup, has raised $10.5m led by Plural, with participation from Episode 1.

/startups

Wealthtech Huddlestock acquires Dtech

Huddlestock Fintech AS ("Huddlestock") continues to scale its wealth management and trading platform and has signed a Sale and Purchase agreement to acquire Dtech AS, a Norwegian software company with robust and easy to use solutions for portfolio management and fund order technology for the pension market and pension providers.

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