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The British Business Bank says it has committed $100 million to SV Health Investors’ new flagship fund, SV8 Biotech Fund LP. This is said to be the Bank’s largest commitment to date. The investment is to support the UK’s Life Sciences Sector Plan. SV Health... Read More
Flex, an AI-native bank for high-net-worth (HNW) people, this week announced a $60 million Series B funding round led by Portage with participation from CrossLink Capital, Spice Expedition, Titanium Ventures, Wellington, Companyon Ventures, Florida Funders, FirstLook Partners, Tusk Venture Partners and others, bringing its total... Read More
Lithic, a card issuing and processing platform, has been selected by Coinstar to power the new CINQ by Coinstar Debit Card, a general-purpose reloadable (GPR) product. The card integrates with the CINQ by Coinstar digital wallet and converts physical currency into funds that can be... Read More
InFlow, a payments system purpose-built for agentic commerce, has launched to help AI agents onboard and pay autonomously while enabling online businesses and digital platforms to seamlessly activate and monetize AI agents. Today, when an agent needs to access a paid service, it can’t complete... Read More
Robinhood (NASDAQ: HOOD) reportedly entered into agreements in order to acquire Indonesian brokerage PT Buana Capital Sekuritas as well as licensed digital asset trader PT Pedagang Aset Kripto. According to the latest announcement, the recent acquisitions will now officially mark Robinhood’s entry into Indonesia, accelerating... Read More
Rewards platforms like Kickstarter and Indiegogo were once the rage. The concept of “pre-sales”, enabling creators to offer a product before its production and giving interested consumers the opportunity to purchase it at a discount before its wider release, was embraced by many. But the... Read More
Lloyds and WaveBL, a blockchain-powered platform intended for digital trade documents, have now reportedly completed a digital Letter of Credit (LC) transaction. The latest transaction, a Documentary Credit in favour of West Yorkshire-based laboratory equipment business, Labtex, was completed by Lloyds and an Indian bank.... Read More
N26, a digital bank, recently announced a new membership agreement with Wero, the pan-European digital wallet and instant payment solution developed by the European Payment Initiative. This collab marks N26’s commitment to delivering accessible payment options for its clients residing across Europe, beginning with Germany,... Read More
etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia Rising fund, bringing its total funding to over $24 million. Other investors in this round include Kaya Founders, JGDEV of the Gokongwei... Read More
According to the J.D. Power 2025 U.S. Claims Digital Experience Study, customer satisfaction surges when the claims process is managed digitally, but most customers still find themselves needing to go offline to manage key steps along the way. “Across the insurance claims workflow, from first... Read More