Company News

yeekatee, an investing social network, has scored $1.9m in a pre-seed funding round backed by a co-founder of WealthTech firm Avaloq.  

Private equity business Permira has entered an agreement to purchase cloud-based email management firm Mimecast for $5.8bn.

Triodos Bank UK has selected SurePay’s Confirmation of Payee solution with the aim of reducing fraudulent and misdirected payments on its service.

FinTech app Bankin’ has expanded its offering with a new API dubbed Bridge Pay. The solution will empower users to initiate payments using bank transfers through the app.

Egerie, a cyber risk company, has raised €30m in a funding round backed by investors in the insurance and cybersecurity spaces.

Wealth managers typically focus on older people, as that is where the money is. However, young investors hold the wealth of tomorrow and capturing them early will stop them going elsewhere.

T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.

FinTech startup Curve has faced lot of criticism lately. Now the founder has responded to the bad press his venture has received by essentially accusing the media of publishing fake news.

Coverflex, an employee benefits platform, has landed €15m in a Series A funding round led by SCOR Ventures.

A large-scale phishing study by ETH Zurich has found that the youngest and oldest people are most likely to click on phishing links.