Company News

CardinalOps, a firm that labels itself as a threat coverage optimisation firm, has bagged $17.5m from a Series A funding round.

PropTech scaleup Tianjin Xiaowu Information Technology, which is also known as both Beike Zhaofang and Ke.com, has raised a massive $1.2bn capital injection from seven investors. The Series D round means it's valued at more than $10bn, making it a unicorn ten time over.

In a recent post by Alessa, the firm outlined the role of AML audits in enhancing regulatory compliance at companies. 

Europe's most valuable privately owned FinTech company Klarna has rolled out a new iOS price drop widget allowing consumers to stay on top of the latest deals and sales.

The Monetary Authority of Singapore (MAS) has revealed that Best Execution practices must be provided by capital markets intermediaries to their customers.

The Virgin Islands Banking Board has given OFG Bancorp, the financial holding company operating three subsidiaries – Oriental Bank, Oriental Financial Services and Oriental Insurance – in the US and Puerto Rico, permission to organize a bank in the territory

Keep Aware, a firm that aims to shield web browsers from potential hacker threat, has successfully raised $2.4m in a seed funding round.

Estonian-founded Modularbank has signed a strategic partnership with Nets Estonia, a European payment processing providers.

InsurTech Tractable has partnered with digital automotive engagement software company Impel to leverage AI for visual assessment and disaster recovery.

The Chinese company Future FinTech Group is introducing QRO codes to its juice subsidiary to prevent counterfeit.