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CrediLinq, a Singapore-based embedded finance platform for B2B transactions powered by AI, has secured $8.5m in a Series A funding round.The round was led by OM/VC and MS&AD Ventures, with participation from new backers including Citi North America and Rustem Family Office. Returning investors included 500 Global, Epic Angels, 1982 VC and Big Sky Capital.Founded to help digital-first small and medium-sized enterprises (SMEs) gain access to capital, CrediLinq provides an API-centric Credit-as-a-Service infrastructure. Its platform enables banks and digital platforms to offer embedded lending products tailored for the procurement, e-commerce, freelancing, supply chain, and payments sectors. The firm is already…

Riverse, a carbon crediting platform focused on engineered climate solutions, has secured €5m in a seed funding round to expand its operations and address the challenges facing the voluntary carbon market.The round was co-led by Alven and Racine², the impact investment vehicle of Serena and Makesense. SpeedInvest, which led Riverse’s pre-seed round, also participated alongside new investor Kfund. The funding was described as oversubscribed.Founded in 2021, Riverse operates as both a carbon crediting standard and a platform supporting a wide range of carbon avoidance and removal projects. These include technologies such as IT refurbishment, biobased construction materials, enhanced rock weathering,…

WASHINGTON (AP) — By the middle of last week, it became clear that something odd was happening. It was about the time that the fake video started circulating about the woman purporting to recount the “situationship” she’d had with Robert Prevost, the new American pope, decades ago when he was just another guy from Chicago. We’d already seen Topps, the baseball-card company, issue a new card of Pope Leo XIV that was all over eBay. We’d heard about his affinity for the White Sox and seen a glimpse of him in the crowd at the 2005 World Series. And in…

Tick-tock! Time’s almost up to save up to $900 on individual passes to TechCrunch Disrupt 2025! Or go big and grab an Early Bird ticket now and get a second for your +1 at 90% off — but only for a limited time. These unbeatable deals disappear May 25 at 11:59 p.m. PT — don’t miss out. Lock in your ticket savings here. Be part of the hands-on innovation from October 27 – 29 at Moscone West in San Francisco, where 10,000 tech and VC leaders gather to shape the future. Experience 250+ dynamic sessions led by industry icons, 200+…

The UK’s Legal Aid Agency revealed on Monday that it was recently targeted in a cyberattack that resulted in a data breach involving sensitive information.  The Legal Aid Agency (LAA), which is part of the UK’s Ministry of Justice, provides criminal and civil legal aid and advice to people in England and Wales.  LAA and the Ministry of Justice said on Monday that they became aware of a cyberattack on LAA systems on April 23.  An investigation conducted with the aid of the National Crime Agency and National Cyber Security Centre revealed on May 16 that the intrusion was “more…

Rising economic uncertainty and market volatility, fuelled by global macroeconomic events such as shifting tariffs, are opening the door to greater financial crime activity. Given the large impact on China, many companies are relocating operations to Southeast Asia to get around trade barriers where they are fast emerging as key hubs for reconfigured global supply chains.Napier AI’s Greg Watson recently travelled to Southeast Asia, and particularly, Malaysia, this week to meet with customers and prospects. He outlined that it’s clear that the region’s growth presents strong economic opportunities. The strong economic growth is why Napier AI have its technology hub…

Developing a successful insurance product is no small feat. It takes more than a great idea, it demands detailed planning, seamless collaboration across departments, and the ability to make smart decisions, often with limited data. When executed properly, a strong pre-launch strategy sets the stage not only for a smooth rollout but also for long-term sustainability in an increasingly competitive InsurTech landscape, according to Edwin Graham, Principal Actuarial Data Scientist at Akur8.Laying the groundwork during the pre-launch phaseThe pre-launch phase sets the direction. Teams must identify their target customers, define unique product value, assess risk tolerance, and set clear policy…

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is a landmark regulation designed to strengthen the UK’s fight against financial crime and improve corporate transparency. With many of its provisions coming into force as of 25 March 2025, the legislation presents a significant shift in compliance requirements for UK-based businesses. Companies must now familiarise themselves with the Act’s scope and ensure operational readiness to avoid severe penalties, claims SmartSearch.At the core of ECCTA is a commitment to combat fraud, money laundering, and the misuse of UK corporate structures. It builds upon the foundations of the 2022 Economic Crime (Transparency…

One Inc, a leading digital payments network focused on the insurance industry, has partnered with AAA Life Insurance Company, a provider of life insurance and annuity products and a member of the AAA group of companies.The collaboration sees AAA Life selecting One Inc’s PremiumPay® solution as its primary digital payment processing platform.This move is aimed at improving operational efficiency, expanding digital capabilities, and delivering a more user-friendly billing experience for policyholders.Through this partnership, AAA Life policyholders will be able to make premium payments using a variety of methods, including popular digital wallets and traditional payment models. The integration also supports…

NEW YORK (AP) — Netflix has thrown “Sesame Street” a safety net with a new streaming deal that offers the popular children’s staple a broad reach while keeping it on its long-standing home, PBS, at the same time, the companies announced Monday.Starting later this year, new episodes will run on Netflix, PBS and the PBS Kids app on the same day. No specific premiere date was immediately announced. Select past episodes will be available on Netflix worldwide.The change for the more than 50-year-old show comes after Warner Bros. Discovery — which had aired the show since 2016 — last year…