11 October 2021
Written By FinTech Alliance in FinTech
Sonovate, a FinTech based in Cardiff, has announced it surpassed £2bn funding in September 2021.
In Brief:
Sonovate offers embedded finance to businesses that work with freelancers.
£1bn of the funding has been provided in the past two years.
Sonovate powers freelance payments for over 3,000 businesses.
What does this mean?
The business says that it has closed a deal with a new customer “almost every single working day” this year so far, and operates across Europe, Asia and the US.
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Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
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