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.