Company News

Israel-based cybersecurity startup Valid Network has raised an $8m seed round to fuel the development of its technology, expand its team and to open a New York office.

UBS is reportedly looking to sell its digital wealth management platform SmartWealth to personal finance app SigFig.

RegTech firm eFlow Global recently took the opportunity to describe how it can provide solutions to key transaction reporting concerns. 

Customer communications play a critical role in delivering customer experiences across print and digital channels, particularly in highly regulated markets. Software company Smart Communications has revealed a number of key insights and recommendations about customer communication management (CCM).

Markus Braun, the former top boss at disgraced FinTech giant Wirecard, has been arrested for a second time in Munich for his alleged role in a multi-year fraud.

Canada-based electronic market for institutional investors CanDeal has revealed an ownership restructuring.

GEF Capital Partners has announced the successful final close of the GEF LatAm Climate Solutions Fund III, raising R$1.05 billion ($214m).

While there was a growing move to digital onboarding prior to the onset of the pandemic, the restrictions and challenges put in place due to the virus have sped up the move to digital. According to iMeta Sales Director George Collier, this comes down to a key and growing need across a multitude of industries today for automation.

Things look to be going from bad to worse for UK challenger bank Monzo. After suffering a 40% down round in June, the bank has now revealed its annual losses have doubled due to the pandemic.

CoverWallet, which develops insurance software, has launched a new dedicated platform for insurance agents.