Ethical hacking platform Cobalt bags $29m
Danish cybersecurity startup Cobalt has secured $29m in a Series B round to fund the further expansion of its services.
M1 Finance nets $33m in new round
Automated money management platform M1 Finance has bagged $33m in a Series B funding round led by Left Lane Capital, a growth equity firm.
Siemens enlists the services of Swedish security software company Safeture in $840,000 deal
German company Siemens has tapped Safetures to use its enterprise platform to protect its employees and corporate travellers.
Klarna global revenue jumped by 31% in the last year
Swedish Klarna became Europe most valuable private FinTech unicorn in 2019 and has kept on growing since.
Google and Alphabet CEO calls for more AI regulation
Sundar Pichai, CEO of Google and Alphabet, believes artificial intelligence (AI) must be regulated to avoid bad outcomes.
Why investors hate startups that do these things
Being backed by a successful venture capital firm can make or break a FinTech startup. So, we asked Karen McCormick, chief investment officer at Beringea, what new ventures must do to pique investors interest.
ACI Worldwide announces new tools to comply with upcoming strong customer authentication rules
Florida-based ACI Worldwide is releasing a new suite of tools to ensure businesses are prepared for the final parts of the EU Revised Payment Service Directive (PSD2) snapping into action in September.
US regulators encourage institutions to be innovative with AML/BSA compliance
The Federal Reserve Board has made a joint statement with four other US regulators to encourage depository institutions to explore innovative ways to meet compliance.
10 RegTechs to help you achieve GDPR compliance: Part 1
The European Union General Data Protection Regulation (GDPR) is enforced today, bringing with it heavy fines (up to 4% of global turnover or ?20m) for those who fail to comply.
BitPesa buys TransferZero to plant deeper roots in Europe
BitPesa, a blockchain payments platform for Africa and Europe, has purchased TransferZero, an international, online money transfer platform.
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