Company News

IMTF-partners-Parashift-accelerate-document-processes-with-AI

IMTF teams up with Parashift for AI document automation

RegTech IMTF has partnered with Parashift, a provider of advanced machine learning-based document classification and data extraction software, to accelerate document processes with AI.

Netki unveils improved identity verification tools at the North American Bitcoin Conference

Compliance and onboarding company Netki has announced the release of a new face-scanning tool to help businesses prevent fraud.
regulatory

The role of technology in shaping efficient regulatory compliance

The financial services sector stands at a pivotal crossroads, with regulatory reporting undergoing significant transformation.

B2B payments provider Reserve Trust notches $30.5m to drive next stage of growth

FinTech trust company Reserve Trust, which has a Federal Reserve master account, secured a $30.5m Series A investment in a round led by QED Investors.
Neutronpay

PayTech Neutronpay lands $2.25m in seed financing

Neutronpay, a startup that allows consumers and businesses to send and receive payments on Bitcoin’s Lightning Network, has bagged $2.25m in seed funding.

Ingenico Enterprise Retail to launch open payment solution OP2GO in North America to boost...

Payment company Ingenico Enterprise Retail claims to champion smart city and transport revolution with launch of new service in North America.
Flagright

Flagright and Cleva join forces to fortify financial services for African markets

Flagright has recently announced a significant partnership with Cleva, a FinTech platform dedicated to transforming financial services for Africans.

Trendyol secures Decacorn status following Softbank-backed funding round

Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.
AI

Italian WealthTech Axyon AI lands €1.6m

Axyon AI, an AI provider for the asset management market, has scored €1.6m in a funding round headed by Fondo Rilancio Startup.

How this 18-year-old allegedly stole $50m worth of cryptocurrencies

A teenager in Canada is facing charges in connection to the theft of $50m worth of cryptocurrencies through a SIM-swapping scam.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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