Crypto-based neobroker Change valued at $214m after closing oversubscribed crowdfund round
Change, a cryptocurrency investing platform for retail investors, has closed a $4.5m crowdfund from 50 private investors at a $214m valuation.
Transmit Security raises “largest Series A round in cybersecurity history” to boost passwordless adoption
With a mission to get rid of passwords, Transmit Security raised a massive $543m in Series A funding at $2.2bn pre-money valuation, touting it as the largest Series A investment in cybersecurity history and one of the highest valuations for a bootstrapped company.
Revolut in talks with SoftBank for investment at $30bn valuation
Revolut is reportedly in talks with SoftBank’s Vision Fund 2 about participating in a fundraising effort that could value the banking and payment app at more than $30bn, Sky News reported.
Stytch snags $30m from Thrive Capital to improve security with passwordless authentication
Canada-based passwordless authentication company Stytch raised $30m in Series A funding led by Thrive Capital.
Dwolla reels in $21m to customise money transfer options for FinTechs and brands
Iowa-based modern payments platform provider Dwolla raised $21m in funding.
Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...
Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.
Vesttoo reels in $6m Series A to grow its insurance-linked programme
Israel-based alternative reinsurance and investment platform Vesttoo has raised $6mn in a Series A funding round led by Hanaco Ventures.
Digital ledger Bazaar banks $30m in largest Series A round in Pakistan
Karachi-based e-commerce marketplace Bazaar has raised $30m in Series A round, the largest for any Pakistani startup.
Financial comparison super app Jeff banks $1.5m seed extension for SEA expansion
Latvia-based FinTech startup Jeff, which currently only has operations in Vietnam, has raised $1.5m in a seed round extension led by J12 Ventures.
Banks and asset managers not yet prepared to meet climate risk deadlines
A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.