Fintech and ecommerce

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Allica Bank joins the fintech unicorn club after $155M Series D round

Digital Marketing, Fintech and ecommerce, Next Featured, SEO Tips, Technology /

London-based digital challenger bank Allica Bank has officially crossed the unicorn threshold after closing a $155 million Series D funding round that valued the company at around $1.2 billion. This places the fintech among the growing list of private companies with valuations above $1 billion, alongside peers such as Revolut, Monzo, Starling and Zilch. The […]

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French fintech Pennylane raises €175M

Digital Marketing, Fintech and ecommerce, Investors and funding, Next Featured, SEO Tips, Technology /

Paris-based fintech Pennylane has just pulled off one of Europe’s most noteworthy funding rounds of the year, announcing €175 million in new capital to accelerate its push into artificial intelligence and expand its footprint across the continent. The round was led by growth investor TCV, with participation from Blackstone Growth and a group of existing backers that includes Sequoia Capital, DST Global, CapitalG and Meritech Capital.  What makes this raise stand out isn’t just the size of the cheque, though €175 million is hard to ignore in a selective funding market, but the strategic timing and purpose behind it. Pennylane…

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Cleo launches new ‘AI money coach’ to help fix your spending habits

Digital Marketing, Ecosystems, Fintech and ecommerce, Next Featured, SEO Tips, Startups and technology, Technology /

UK-based fintech Cleo, known for its AI-powered budgeting app, has launched its most advanced product to date. Dubbed Cleo 3.0, the new version introduces features such as voice interaction, long-term memory, and improved reasoning capabilities. Barney Hussey-Yeo, Cleo’s founder and chief executive, said Cleo 3.0 is less chatbot and more “conversational AI money coach.” Users […]

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