The investment round was led by Appen and will support the company's rapid growth.
"Synthetic data is an invaluable resource in the training of AI models and when combined with real-world data can enable outstanding results. We’re excited to partner with Mindtech as their automated end-to-end end synthetic data platform producesthe right synthetic data for our customers, faster than competing solutions."
Ontario Teachers led the growth private equity round, which values the consumer finance platform at over £3.5bn.
"We are excited to partner with TIP as we accelerate our expansion across products and markets. Our DNA from day one has been to bring transparency and fairness to consumer finance, and we are proud of the fantastic feedback we consistently receive from our customers. TIP is a global growth investor with a long-term view who can support our ambition to make this giant market work better."
The round was led by Amplo and Ribbit Capital to support the platform launch.
"Unlike our competitors, we are not subsidising costs associated with products and services that our customers have little interest in. It’s a simple pitch – with Atlantic Money all transfers up to £1,000,000 receive the live mid-market currency rate for a flat fixed-fee of £3, delivering savings of up to 99% versus all our competitors."
Silicon Valley technology executives back the virtual event software provider in its latest funding round.
"We are on a mission to make connections engaging, accessible, and sustainable. Tevent gives you the tools to create engaging virtual events that facilitate meaningful interactions and lasting connections. We are working towards making remote a viable alternative and building a sociable, sustainable and connected future."
— Ahmed Amer, Co-Founder and Chief Executive Officer
The company has closed a £5m seed round backed by angel investors to support technology innovation and international expansion.
"With growth expected to increase from around £32 billion in 2020 to over £100 billion by 2026, embedded finance is one of the most exciting growth areas in fintech today,"