Company News

A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.

San Francisco and Sacramento-based financial technology company One raised $40m in Series B funding to expand its digital banking-related product offerings for the middle-class.

Capital market-focused FinTech company Smallcase raised $40m in funding, led by Faering Capital as well as new investors Amazon Smbhav Venture Fund and Premji Invest.

A study by cybersecurity firm Imperva Research Labs has found web applications attacks on the financial services industry hiked 38% between January and May 2021.

UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.

A total of $937.7m has been issued in fines for non-compliance with anti-money laundering, know your customer and data privacy regulations, in H1 2021.

Three former Netflix software engineers and two associates were charged with insider trading in a multi-million-dollar scheme that used inside information on the streaming giant’s subscriber growth, the Securities and Exchange Commission (SEC) said.

InsurTech firm TrustLayer has pulled in $15.1m from a Series A funding round led by Craft Ventures.

Las Vegas-based company that offers digital payments tools in the sports betting and casino gaming market, Sightline Payments completed a $244m funding round valuing it at over $1bn.

Just ten brands accounted for more than half of all spoof and impersonation-based phishing, a new report from Area 1 Security finds.