BigID rakes in $30m investment to bolster unicorn status

US data intelligence firm BigID has secured $30m in financing from global private equity investor Advent International.

Nuvei bags crypto know-how with Simplex acquisition

Canadian payments company Nuvei has agreed a $250m deal to acquire Israeli FinTech enterprise Simplex.

Temenos, Taurus join forces to bolster digital asset access for banks

Swiss banking technology firm Temenos has partnered with digital asset platform Taurus to integrate the latter’s digital asset infrastructure into Temenos’ platform.

Affirm spin-off Resolve bags $60m to bolster B2B billing offering

US PayTech Resolve has raised $60m in funding to expand its embedded billing platform for business-to-business (B2B) companies.

Cushon raises £26m from equity raise, credit facility to fuel further acquisitions

UK FinTech pension and savings provider Cushon has secured $26m from an equity raise and a credit facility.

Car insurance app Noblr to be acquired by USAA

Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.

Cyber firm Claroty rakes in $140m from Series D, unicorn status uncertain

US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.

As Covid-19 lockdown restrictions ease, should FinTechs follow Deloitte’s remote working model?

As the Covid-19 vaccine is being rolled out across the globe, FinTech companies are torn between continuing the remote work strategy and switching back to the traditional form of working. But analysts opine the sector will evolve to a hybrid model.

Pixel to acquire Cyphra to tackle growing cybersecurity issues for UK firms

IT company Pixel Holdco is set to purchase Northern Irish cybersecurity firm Cyphra for an undisclosed fee.

Mastercard, Verizon team to introduce 5G to payments market

Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.

News Stories

eflow updates eComms surveillance solution to reduce manual oversight

eflow updates eComms surveillance solution to reduce manual oversight

UK-based regulatory compliance tech developer eflow Global has revealed a major update to its eComms surveillance solution, leveraging a new sophisticated form of decision automation.
Plan A

Plan A teams with Visa to decarbonise businesses globally

Visa will team with Plan A to offer its Sustainability platform as a part of its FinTech Partner Connect programme to Visa’s issuer network.
The role of digital investing in the cost-of-living crisis

The role of digital investing in the cost-of-living crisis

As the cost-of-living crisis takes hold of the world, there are bound to be a number of challenges the financial market will need to brace for. One of the ways firms are looking to prepare for the challenge is through technology. 
InsurTech Stubben Edge acquires Insurercore

InsurTech Stubben Edge acquires Insurercore

Stubben Edge Group has acquired Insurercore, a tech enabled distribution platform headquartered in London.
NatWest

NatWest appoints Google veteran to direct innovation

Financial giant NatWest has named David Grunwald, a former Google executive, as the company’s first-ever director of innovation and partnerships.

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