Company News

MarketFinance

MarketFinance nets $30m credit facility

MarketFinance, a UK credit and payments company, has secured a £30m credit facility from Israeli tech investment group Viola.

Court extends period it keeping Yes Bank co-founder in custody on money laundering charges

Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.
The UK's Labour Party has vowed to transform the nation into a global FinTech leader, ahead of 2024's UK general election.

Labour vows to make UK global FinTech leader ahead of general election

The UK's Labour Party has vowed to transform the nation into a global FinTech leader, ahead of 2024's UK general election. The Party hasn't found...

Adaptive Shield inks $30m Series A to extend SaaS security

Israeli cybersecurity startup Adaptive Shield has raked in $30m from a Series A capital raise led by Insight Partners.
IronVest

IronVest rises from stealth with $23m seed funding

IronVest, a biometric, account-access security firm, has secured $23m in seed funding as the company comes out of a period of stealth.

Financial institutions prioritising customer experience and lowering fraud – study claims

Financial institutions are prioritising customer experiences and fraud reductions as the demand on remote account opening has increased, a study from cybersecurity company OneSpan claims.
LimaCharlie, a pioneer in Security Operations (SecOps) Cloud Platform development, has secured a significant investment of $10.2m in a Series A funding round.

LimaCharlie lands $10.2m to redefine cybersecurity

LimaCharlie, a pioneer in Security Operations (SecOps) Cloud Platform development, has secured a significant investment of $10.2m in a Series A funding round.
compliance

Why a lack of communications compliance could be impacting the hybrid workplace

A recent study has found a majority of respondents believe employees in their companies are using unmonitored communications channels, creating heightened security and compliance risks.

Revolut and Monzo clarify they are not going bust after public panic on Twitter

With the public terrified of the COVID-19 (coronavirus) pandemic, it leaves a space for fake news to fester. Rumours surfaced earlier today on Twitter with people questioning whether UK challenger bank Revolut was close to going bust.
Cake, a transactional marketplace tailored for independent insurance agents, has successfully concluded a pre-seed funding round, securing a $1.3m investment.

InsurTech startup Cake lands $1.3m in pre-seed funding

Cake, a transactional marketplace tailored for independent insurance agents, has successfully concluded a pre-seed funding round, securing a $1.3m investment.

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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