AI
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
...
Banking
Capital One commercialises AirKey authentication technology for financial institutions
AirKey, a NFC-enabled authentication technology developed by Capital One, will now be commercially offered to other financial institutions.
The technology enables cardholders to...
Banking
Barclays signs agreement to become exclusive issuer of GM credit card programme
Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer of the GM Rewards Mastercard...
AI
HSBC launches embedded finance venture SemFi with Tradeshift
HSBC has launched SemFi, a new B2B embedded finance technology company, through its joint venture with Tradeshift, a San Francisco-based fintech.
SemFi enables...
AI
Former Capital One VP Fouzi Husaini joins Marqeta as chief AI officer
New Role: Marqeta has named Fouzi Husaini as its new Chief Artificial Intelligence Officer.
Responsibilities: Husaini will scale Marqeta’s AI organization, focusing on...
Banking
UK credit card start-up Yonder secures £23.4m in fresh funding
Funding Raised: £23.4 million.
Lead Investors: RTP Global and Repeat (formerly Jigsaw VC), with additional support from LocalGlobal, Seedcamp, and Northzone.
Previous Funding:...
Banking
Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard
Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France, and the UK.
The E2...
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