South Korea to curb Google, Apple commission dominance on in-app purchases
A South Korean parliamentary committee voted to amend a law toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy.
Car finance provider Moneybarn slammed with £2.77m fine for failing to treat 5,933 customers...
Over 5,933 customers were potentially mistreated by Moneybarn between 2014 and 2017. Now, the car finance provider has been hit with £2.77m fine as a result.
ModernFi secures $4.5m seed funding
ModernFi, a deposit marketplace that connects banks with deposits, has scored $4.5m in a seed funding round.
iProov secures $70m backing from Sumeru Equity Partners
Biometric face authentication company iProov has landed $70m in growth investment from Silicon Valley-based Sumeru Equity Partners.
ModusBox, DocFox team up to improve onboarding
Open banking solution developer ModusBox has teamed up with SaaS-based automated onboarding tool DocFox to help banks and credit unions improve data access.
Envestnet launches new WealthTech suite
WealthTech leader Envestnet has launched a suite of unified managed accounts for advisors working with high-net-worth and ultra-high-net-worth clients.
Blockchain firm Gateway.fm lands $4.6m in seed raise
Gateway.fm, a decentralised blockchain infrastructure node provider, has scored $4.6m in a seed funding round led by Lemniscap.
Lender DMI Finance snaps up $47m in funding
Indian lending firm DMI Finance has reeled in $47m in equity investment from new investor Sumitomo Mitsui Trust Bank.
Peter Thiel-backed B2B platform ShopUp inks $75m Series B
Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.
Zurich Insurance releases new cyber insurance solution with CYE
Zurich Insurance Group has established a new cyber protection offering in partnership with cybersecurity firm CYE.
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