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Latest Results from /wholesale

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Storonsky-founded fund QuantumLight raises $250m for AI-guided investments

QuantumLight, a quantitative venture capital firm founded by Revolut's Nik Storonsky has closd on a $250 million fund for backing founders across AI, Web3, Fintech, SaaS and Healthtech.

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Worldpay partners BVNK for stablecoin payouts

Worldpay has enlisted BVNK to bring nearly instant global payouts in stablecoins to its clients in the US and Europe.

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SEB joins AI factory joint venture

SEB has joined a Swedish consortium building an AI factory with Nvidia.

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ACI Worldwide rolls out centralised payments hub

ACI Worldwide is bringing together account-to-account (A2A), card payments and AI-driven fraud prevention on a unified cloud-native platform, ACI Connetic.

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UK fintech hiring surges

UK fintechs are set to increase professional hiring by 32% in 2025 despite challenging economic headwinds, according to Morgan McKinley and Vacancysoft’s latest fintech report.

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Malaysia and Singapore boost digital trade connectivity

Authorities from Malaysia and Singapore have signed a memorandum of understanding to build a blockchain-powered cross border digital trade network.

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Banks expect to lose millions in interest due to Sepa Instant

Nearly half of European banks expect to lose millions in interest due to new liquidity demands under the Sepa Instant Payments regulation, but still believe the benefits of the change will outweigh the costs.

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OpenFX raises $23m to bring real-time settlement to cross-border payments

Foreign exchange infrastructure company OpenFX has emerged from stealth with $23 million in funding led by Accel.

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Industry groups call on SEC to ditch cyber disclosure rule

A coalition of US financial trade associations are calling on the Securities and Exchange Commission to rescind its cyber incident disclosure rule, claiming that it endangers victims.

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Keep raises C$33m to build Canada's Brex

Keep, an all-in-one financial platform for small businesses, has emerged from stealth with C$33 million in equity financing to build a Canadian Brex.

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Visa unveils programme for smoother fintech integrations

Visa has launched a programme it says will turbo-charge the fintech ecosystem by making it easier for businesses to embed payments into their applications.

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Fewer than 1 in 4 banks ready for AI era - report

A vast majority of banks are unprepared for the advent of artificial intelligence, according to recently published research