April 16, 2025 @ 11:01 am By Tony Zerucha  |  

Toqio, a technology platform for B2B embedded finance solutions, has launched Toqio Design Studio, a Fintech platform that enables corporates to build, configure and launch embedded finance solutions. Businesses can launch multiple, bespoke embedded finance solutions in as little as 12 weeks. Design Studio is… Read More

 Tagged Design studio, Eduardo Martinez, embedded finance, Mike Galvin, toqio

April 16, 2025 @ 10:58 am By Tony Zerucha  |  

Rain, the employer-integrated earned wage access (EWA) and financial wellness app, has raised $75 million in Series B equity funding. The round was led by Prosus, with additional participation from Nextalia Ventures, Spark Growth Ventures, and existing investors, including QED and Invus Opportunities. This funding… Read More

 Tagged Alex Bradford, Ali Esfahani, Attilio Mazzilli, earned wage access, ewa, funding round, rain

April 16, 2025 @ 10:18 am By JD Alois  |  

Tech funding in France has cratered by 52% according to a report. During Q1 2025, early-stage tech ventures raised $820 million, a 52% decline compared to Q4 2024 when $1.7 billion was reported. According to the France Tech Q1 2025 Funding Report, published by Tracxn,… Read More

 Tagged france, tracxn, vc, venture capital

April 16, 2025 @ 9:58 am By JD Alois  |  

Artificial intelligence startup Portia AI has raised £4.4 million in funding led by General Catalyst with the participation of First Minute Capital and Stem AI. Portia AI is a provider of AI development tools offering an open-source SDK. The company says users can “build production-grade… Read More

 Tagged portia ai, uk, united kingdom

April 16, 2025 @ 8:25 am By Omar Faridi  |  

UK fintech Marshmallow has raised $90 million in a Series C funding round led by Portage Ventures, nearly doubling its valuation to over $2 billion. The investment, a mix of equity and debt, saw participation from BlackRock and Columbia Lake Partners, building on an $85… Read More

 Tagged funding round, insurtech, marshmallow, uk

April 16, 2025 @ 8:00 am By Omar Faridi  |  

bunq, which claims to be among some of the largest neobanks in Europe, is moving forward with its US banking license process, according to an update shared with CI. The company has filed for a broker-dealer license as “part of a two-phase strategy to enter… Read More

 Tagged bunq, europe, neobank, us

April 16, 2025 @ 7:59 am By Omar Faridi  |  

Irish capital markets tech firm Assiduous has reportedly acquired €1 million in funding. Assiduous Corp Ltd., an Irish capital markets tech firm, recently revealed that it has secured €1 million in new funding and also unveiled the launch of the Corporate Finance Autopilot. Assiduous’ Corporate… Read More

 Tagged assiduous corp, capital markets, corporate finance, funding round, ireland, product update

April 15, 2025 @ 10:01 pm By Omar Faridi  |  

GXS Bank announced that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd. This is the first such acquisition of a local financial technology company “by a homegrown digital bank in Singapore.” Validus Capital… Read More

 Tagged acquisition, gxs bank, singapore, validus capital, validus investment holdings

April 15, 2025 @ 5:21 pm By Tony Zerucha  |  

Galileo Financial Technologies, SoFi Technologies‘ Technology Platform (NASDAQ: SOFI), has launched Deposit Sweep. It enables fintechs to partner with a network of participating banks and a deposit sweep provider to offer their customers the opportunity to maximize interest earnings and extend FDIC insurance coverage. Galileo… Read More

 Tagged david feuer, Deposit Sweep, galileo, Herman Man, sofi

April 15, 2025 @ 5:17 pm By Omar Faridi  |  

C2FO, the world’s on-demand working capital platform, has announced the completion of a $30 million funding round with the International Finance Corporation (IFC), a member of the World Bank Group, and existing shareholders. This infusion of capital will help accelerate the “technical development and expansion… Read More

 Tagged c2fo, financing, ifc, working capital