Company News

Cross-border payments company Chipper Cash has become a FinTech unicorn after a $150m Series C extension round pushed its valuation just above $2bn.

South African banking-as-a-service (BaaS) company Jumo has bagged $120m from a recent funding round co-led by Visa, Fidelity Management and Kingsway.

Founded in 2014, FinTecSystems is specialised in open banking infrastructure and data analysis to help companies make data-driven and automate decisions. At a time when companies are scrambling to protect their assets from criminal actors, could FTS’ open banking infrastructure be a flood barrier against the rising wave of financial crime?

Asset managers rarely operate in one jurisdiction, but there are few legal firms that can easily enable them to sell their investment funds in multiple jurisdictions, according to Zeidler Group founder and CEO Arne Zeidler.

RegTech100 company Compliance Solutions Strategies (CSS) has launched its Document Production Centre to help investment managers automate compliance procedures.

The European Banking Authority (EBA) finalises new standards draft, that would require crowdfunding campaigns to become more transparent.

Energetic Insurance has pulled in $7m from a Series A funding round headed by Schneider Electric Ventures.

The UK’s Financial Conduct Authority (FCA) has picked Aiimi Insight Engine to provide its new enterprise search and discovery solution.

Four in ten banks and financial services lack necessary infrastructure for a strong data foundation and 37% of firms are still reliant on manual data processes, global data and analytics software company Quantexa revealed.

Retail investing app Robinhood has been the victim of a data security incident which has exposed information of around seven million people.