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Compute Exchange opens market for buying and selling computer power

Compute Exchange today announced the world’s first open exchange for GPUs and other forms of compute resources, addressing the needs of both buyers and sellers in the dynamic and rapidly growing AI compute market.

/startups

Fintech startup 129Knots raises $10 million

Global fintech venture 129Knots has launched with a $10 million investment led by Sing Fuels. Backed by a $500 million deal pipeline, it is set to revolutionize the industry with its real-world asset origination to distribution (OTD) technology.

/startups

RegTech Adclear raises £510K in pre-seed funding

Adclear, the innovative RegTech startup transforming marketing compliance for rapidly-scaling fintech businesses, has successfully secured £510,000 in pre-seed funding.

/startups

UK employees lose £690 million annually in unclaimed and unpaid expenses

New independent research from embedded finance specialist Weavr, conducted via Censuswide, found that employees lose an estimated £690 million annually in unclaimed and unpaid expenses in the UK alone. Surveying over 500 office workers in the UK, Weavr learned that 81% of respondents had been left out of pocket by their employer for longer than a month, leading to financial and mental health concerns.

/startups

Mpilo Technologies appoints new deputy CEO and CTO

Mpilo Technologies, a leader in innovative technology solutions across Africa, is proud to announce the appointment of Motsholane Sebola as Deputy Chief Executive Officer (Deputy CEO) and Sizwe Mabanga as Chief Technology Officer (CTO). These strategic appointments mark a significant milestone as the company enters its next phase of growth, with a continued focus on driving digital transformation and creating scalable, impactful solutions for businesses across the continent.

/startups

SC Ventures and KiyaAI launch Akashaverse e-commerce and lifestyle hub

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, in partnership with KiyaAI, a digital solutions provider, is launching Akashaverse, an entertainment, social, ecommerce and lifestyle hub that is using immersive technologies and artificial intelligence.

/startups

Startup studio 4elements raises €27.4 million to create startups with a high environmental impact

The cost of inaction is far greater than the cost of adaptation. At the macroeconomic level, all studies show this.

/startups

Spanish InsurTech Weecover raises €4.2 million

Weecover, the Spanish market leader in embedded insurance, has just closed a €4.2 million round of financing to undertake its growth and international expansion plans.

/startups

Aslan secures $5m for employee pay platform

Aslan, the next-generation financial wellbeing solution, today announces its oversubscribed $5m (£3.9m) seed funding round.

/startups

Barclays joins Fintech Wales

Barclays has become the latest organisation to partner with FinTech Wales, the independent membership association dedicated to supporting the FinTech and Financial Services industry in Wales.

/startups

Tokenization startup Brickken closes $2.5 million seed round

Brickken, a global leader in the tokenization of real-world assets (RWA), has successfully closed its $2.5 million seed round, bringing the company to a post-money valuation of $22.5 million.

/startups

Curql Collective opens applications for third fintech cohort

Early-stage fintech founders: Your opportunity to secure funding, industry connections, and credit union insights is here.

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