Company News

Nium enters agreement to acquire PayTech Socash

Modern money movement platform Nium has entered a definitive agreement to acquire alternative payments network Socash.

Mondu, Raisin Bank link to enable BNPL payments for business customers

Raisin Bank has partnered with Mondu to enable the latter to offer buy now, pay later solutions for B2B merchants and marketplaces.

Tenable set to snap up CyberTech Bit Discovery for $45m

Tenable has revealed it plans to acquire attack surface management firm Bit Discovery in a $45m deal.

Source Defense rakes in $27m from Series B

Source Defense, a web application client-side protection provider, has raised $27m from a Series B funding round.

FTX taps Eventus for global trade surveillance and risk monitoring

Global cryptocurrency exchange FTX has chosen to deploy Eventus’ Validus platform for trade surveillance and risk monitoring on all FTX markets globally.

Personetics launches Sustainability Insights to help customers lower carbon footprint

Data-driven personalisation service Personetics has released a new Sustainability Insights feature aimed at helping customers improve their carbon footprint.

How the pandemic has changed onboarding

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.

CyberTech SonarSource captures $412m investment

SonarSource, a code quality company, has raised $412m from a funding round co-led by Advent International and General Catalyst.

Beazley joins forces with Cytora to automate risk

Beazley, a global specialist insurer, has partnered with InsurTech Cytora to automate risk processing and accelerate profitable growth.

Swedish EdTech Gimi partners with ABN AMRO for financial education

Children financial education app, Gimi, has partnered with Netherland-based bank ABN AMRO, to help educate young customers about personal finance and provide them with a safe platform to handle their bank accounts.

News Stories

BOCHK adopts Worldline's Paysuite to revolutionise payment systems in Hong Kong

BOCHK adopts Worldline’s Paysuite to revolutionise payment systems in Hong Kong

Worldline, a frontrunner in global payment services, has teamed up with the Bank of China (Hong Kong), marking Worldline’s debut deployment of its Paysuite Essential Edition, formerly known as Cardlite, in Hong Kong.

VCI Global accelerates AI cloud expansion with $30m from Alumni Capital

VCI Global, a Nasdaq-listed leader in AI cloud computing solutions, has secured a substantial $30m investment from Alumni Capital LP. This marks a significant reinforcement...
Xmore AI secures investment from reAlpha AI Labs to enhance cybersecurity solutions

Xmore AI secures investment from reAlpha AI Labs to enhance cybersecurity solutions

reAlpha Tech Corp, a trailblazer in real estate technology, has announced a strategic investment in Xmore AI.
Daba Wins $50k at Ecobank FinTech Challenge

Daba Wins $50k at Ecobank FinTech Challenge

In a significant achievement for African FinTech, Daba has clinched first place at the 2024 Ecobank FinTech Challenge.
AMLYZE garners €2.35m in seed funding to combat financial crime

AMLYZE garners €2.35m in seed funding to combat financial crime

AMLYZE, a leading RegTech company, has successfully closed a €2.35m seed funding round.

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