Previse raises $7m ‘to transform global B2B commerce to instant payment’
Previse, the AI-powered business payments firm, has raised US$7m in a Series A funding round. The funding round was led by listed European fintech specialist Augmentum Fintech PLC and one...
Codebase Stirling is celebrating its first birthday
CodeBase Stirling, the technology incubator home to more than a dozen companies employing around 80 staff, is celebrating its first year of operation – with a party on 30 August...
Corporate innovation firm appointed to support Scottish fintech
FinTech Scotland, in partnership with Scottish Enterprise, has appointed corporate innovation firm Vivolution to help drive of growth of the sector in Scotland. One of FinTech Scotland’s strategic priorities is...
Celebrities and social media stars investigated for not labelling paid posts
The Competition and Markets Authority (CMA) has launched an investigation into concerns that social media stars are not properly declaring when they have been paid, or otherwise rewarded, to endorse...
US technology and data consultancy opening an office in Glasgow
US technology and data consultancy Transiris Corporation is opening an office in Glasgow creating 26 jobs, with support from Scottish Enterprise. Transiris, which also has operations in Canada, Spain, Romania,...
FreeAgent secures open banking registration from FCA
FreeAgent, the Edinburgh-based cloud accounting software provider, has received credentials from the UK’s Financial Conduct Authority (FCA) enabling it to provide open banking services to freelancers, contractors, micro-business owners and...
FanDuel founders suing new owners Paddy Power Betfair for $120m
The founders of FanDuel are suing the site’s new owners, Paddy Power Betfair, for $120m alleging that the company was purposefully undervalued during the transaction. “Nigel Eccles created the fantasy...
Royal Bank of Scotland widens use of ‘behavioural biometrics’ to combat fraud
The Royal Bank of Scotland (RBS) is extending its use of behavioural biometrics – the practice of analysing your online interaction in real time – to combat fraud. RBS started...
The World Bank is betting big on blockchain-based bonds
The World Bank has announced that it has hired CBA, one of Australia’s biggest banks, to manage what it calls the “first bond globally to be created, allocated, transferred and...
FinTech Scotland launches fortnight to ‘celebrate innovation and inclusion’
Fintech Fortnight, a festival of conferences and meet-ups, is being launched in Scotland this autumn. The initiative is designed to “celebrate how financial innovation, collaboration, and inclusion across the nation...

