Company News

RSA spins out fraud and risk intelligence unit, Outseer

RSA Security is spinning out its fraud and risk intelligence business into a new standalone company called Outseer which will be led by CEO Reed Taussig.

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.

Embroker secures $100m Series C to expand business insurance offering

Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.

Payment giant Stripe rolls out new tax compliance tool, Stripe Tax

Stripe launched a new tax compliance tool called Stripe Tax to help businesses automate the calculation and collection of sales tax, value-added tax (VAT), and goods and services tax (GST).

Messenger adds custom QR codes for P2P Facebook Pay transactions

Facebook Messenger introduced Venmo-like QR Codes and personalised payment links in a bid to enable person-to-person payments with Facebook Pay.

RegTech Castlepoint looks toward global expansion following $3m Series A

Australian compliance software specialist Castlepoint Systems has completed a $3m Series A funding round led by Main Sequence.

Ethereum rival Solana snags $314m led by Andreessen Horowitz and Polychain Capital

Solana has raised over $314m through a private sale of its native token SOL led by Andreessen Horowitz and Polychain Capital.

RegTech firm ComplySci reels in $120m to boost compliance for financial services customers

ComplySci, regulatory technology and compliance solutions provider for the financial services sector, landed a growth capital investment of $120m from private equity firm K1 Investment Management.

Klarna becomes Europe’s highest-valued private FinTech after netting $639m in funding

Swedish-based BNPL giant Klarna raised more than $639m in a new private fundraising round, led by Japan’s SoftBank, boosting its valuation to almost $46bn.

GroupSense and CipherTrace join forces to combat cryptocurrency cybercrime

Digital risk protection services company GroupSense and cryptocurrency intelligence firm CipherTrace are teaming up to help businesses identify threat actors and groups and thwart ransomware attacks.

News Stories

Middle East retail investing: the WealthTech opportunity

Retail investment and preparing for retirement is gaining traction in the Middle East. For Fredrik Davéus, CEO and co-founder of Kidbrooke, this isn’t just...
Why good-weather pension numbers are misleading participants

Why good-weather pension numbers are misleading participants

As the Netherlands' pension sector navigates its Wet toekomst pensioenen (Wtp) transition, a growing body of regulatory guidance and independent research suggests that the...
Nordic banks turn to CaaS to fight rising fraud

Nordic banks turn to CaaS to fight rising fraud

The Nordic region is among the most cashless in the world, with cash accounting for fewer than 5% of all transactions in Norway and...
Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw major deals come to fruition.

Global FinTech funding tops $2bn as RegTech deals run rampant

Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw a...
How metadata supercharges AI document processing

How metadata supercharges AI document processing

Artificial intelligence is rapidly embedding itself into document-heavy organisations, promising to transform everything from contract analysis to compliance monitoring. Yet despite this momentum, many...

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