Company News

Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...

Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.

BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

FinTech VC Element snares $130m for B2B fund

UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.

Advanced Fraud Solutions releases new account validation tool

Deposit fraud detection software developer Advanced Fraud Solutions has released a new account validation tool for financial institutions.

Celo teams up with FinClusive to implement KYC/AML tools to its digital wallet

Open source blockchain ecosystem Celo has teamed up with FinClusive, which provides accounts and payment solutions with embedded AML tools.

Ernst & Young and its partners fined $10m in SEC probe of bid violations

Ernst & Young LLP to pay $10m to settle a regulatory investigation into allegations that it improperly obtained confidential information in pursuit of a contract to audit a public company’s books.

US cyber director Inglis calls for cyber statistics bureau creation

US national cyber director Chris Inglis has endorsed a plan for the creation of a bureau of cyber statistics which will collect and analyse threat data.

Finite State fetches $30m to secure connected devices in the global supply chain industry

Columbus OH-based connected device security company Finite State raised $30m in Series B funding led by Energize Ventures and with participation from Schneider Electric Ventures and Merlin Ventures.

Cybersecurity startup Nozomi Networks nets $100m in pre-IPO funding to protect critical infrastructure

Nozomi Networks, a San Francisco-based industrial cybersecurity startup, raised $100m in pre-initial public listing (IPO) funding.

Threat detection firm Venari Security pulls in £4.2m Series A

London-based Venari Security has raised £4.2m from a Series A funding round that included a number of high-profile cybersecurity backers.

News Stories

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek, a leading automated financial controls platform, has joined forces with Calastone, the world's largest global funds network.
Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow, a cloud-native payment processing innovator, has recently formed a strategic partnership with Chesapeake Bank, a community-focused financial institution renowned for its proactive adoption of cutting-edge payment technologies.
Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality and Taxbit, two prominent players in the digital asset management and compliance sector, have recently joined forces in a strategic partnership.
Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air travel sector

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air...

UATP, renowned for its robust global payment network that facilitates streamlined payment processes, has entered into a strategic alliance with Klarna, a leader in AI-driven global payments.
İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank, Turkey’s largest privately owned bank, has partnered with Instabase, a leader in generative AI solutions.

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