This week has been a little less exhilarating than our last executive moves roundup for the forex, crypto, and fintech sector appointments, highlighting a...
ChatGPT took the internet by storm late last month after Open AI launched the dialogue-based AI chatbot. ChatGPT’s popularity has not only brought AI into...
Top investment opportunitiesStartup of the Week: SynergyMed, transforming surgery with 3D printing and visualizationWomen tech leaders in the spotlight at OurCrowd SummitOurCrowd in UAE:...
LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–ClearBank, the largest next-generation clearing and embedded banking platform in the UK, and ThetaRay, provider of...
Embedded banking provider Clearbank has reached profitability after tripling 2022 year-to-date revenues compared to the same period last year. ClearBank secured £45.4m...
Embedded finance platform Railsr is teaming up with fraud prevention company Featurespace this week to bolster fraud prevention efforts for Railsr as a company, as well as for its clients. Railsr will leverage Featurespace’s ARIC Risk Hub, combined with its own fraud teams, to provide its clients with a compliance tool to stay on top Read more...
UK-based ClearBank has hired Andrew Barker as its new chief revenue officer (CRO), reporting directly to CEO Charles McManus.
ClearBank hires Andrew Barker as CRO
As...
To fund its acquisition of Bank of the West and its subsidiaries, the Bank of Montreal is offering 18,125,000 common shares at a price of $149 per share. Gross proceeds will be $2.7 billion for the Canadian bank. The offering is being underwritten on a bought-deal basis by a syndicate of underwriters led by BMO […]
ClearBank raised $230 million (£175 million). The investment was led by private equity advisory firm Apax Digital and brings ClearBank’s total funding to $627 million. ClearBank will use the funds to expand internationally, first in Europe, then into North America and Asia Pacific. Clearing and embedded banking technology company ClearBank raised $230 million (£175 million) this Read more...
One of the fastest-growing clearing and embedded banking platforms in the UK, ClearBank has secured £175 million in funding to accelerate its global expansion.
ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance on payment transactions and other financial services — has closed a big round of funding, money it will be using to take its services beyond its home market and...
