Parametrix raises $17.5m to boost its cloud downtime insurance offering
InsurTech Parametrix raised $17.5m in funding from VC firms FirstMark Capital and F2 Ventures.
HSBC and ING back buy now pay later firm Divido in $30m round
UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.
Darktrace rival Immersive Labs inks $75m to help businesses beef up their cyberskills
Immersive Labs, a platform which teaches cybersecurity skills to corporate employees by using real, up-to-date threat intelligence in a gamified way closed a $75m Series C funding round.
How payment companies struck gold among the 51 rounds raised last week
Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
InsurTech platform EIS scores $100m funding from TPG to drive growth
San Francisco-based insurance technology firm EIS scored $100m in new growth funding from private equity investor TPG.
Tinvio said to raise $12m to develop financial services for supply chain merchants
With the aim to launch financial services, including financing and credit card issuing, Singapore-based startup Tinvio raised a $12m Series A led by AppWorks Ventures.
Decentralised ID authentication platform Magic lands $27m for its ‘plug and play’ passwordless tech
Magic Labs (formerly Fortmatic), a decentralised identity startup that provides passwordless login solutions, has raised $27m in a Series A funding round.
Cybersecurity startup Nozomi Networks nets $100m in pre-IPO funding to protect critical infrastructure
Nozomi Networks, a San Francisco-based industrial cybersecurity startup, raised $100m in pre-initial public listing (IPO) funding.
RBI publishes consultation on overseas investment liberalisation
The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.
Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio
Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.
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