Company News

The financial services industry is in the middle of a seismic shift. In order for banks to remain successful, they will need to embrace platform theory.

UK-based InsurTech firm Stubben Edge has raised £10m from an investment round that including firms such as Lloyd’s Names and a range of institutional investors.

German corporate expense management platform Circula has raised ?12m from a Series A funding round as the expenses management market continues to heat up.

Research by app analytics and marketing platform App Radar has found 2021 was a red-letter year for cryptocurrency app downloads, with 82.9m made on Google Play alone.

The European Securities and Markets Authority (ESMA) has issued a consultation on aspects of suitability requirements under the Markets in Financial Instruments Directive (MiFID II).

Revenue for digital identity marketplace vendors is expected to exceed $53bn by 2026, doubling from the $26bn value in 2021, research from Juniper Research claims.

Hacker-directed bug bounty platform HackerOne secured $49m from a Series E funding round headed by GP Bullhound.

Endpoint security solution provider Portnox has bagged $22m from a Series A round of growth financing.

Almost a month into 2022, the FinTech sector has been continuing its strong growth seen during the last year and is already firing on all cylinders in this new year.

Hazel, the independent FinTech launched in partnership with Walmart and leading investment firm Ribbit Capital, has entered into an agreement to acquire FinTech platforms Even and ONE, as the company emerges from stealth.