Company News

Six months after emerging from stealth mode with $25m in funding, US-Israeli= based API security company Noname Security raised a $60m a Series B led by Insight Partners.

Kikoff launches out of stealth with $42.5m total funding to help consumers build or rebuild credit and boost the expansion of a complete financial ecosystem for Millennials and GenZ.

Robinhood to pay nearly $70m to resolve sweeping regulatory allegations that the brokerage misled customers, approved ineligible traders for risky strategies and didn’t supervise technology that failed and locked millions out of trading.

PayPal pledged to invest more than $100m to advance financial inclusion and economic empowerment for women around the world over the next five years.

Newly launched real estate financial tech startup Tomo raised $70m in seed funding, touting it to be the third-largest seed round within the US.

Drake has signed on as an investor and collaborator with Los Angeles-based sustainability and financial services startup Aspiration.

Client lifecycle management solution developer Wealth Dynamix has joined the latest accelerator cohort of the Mayor’s International Business Programme.

The Monetary Authority of Singapore (MAS) introduced a global challenge for retail Central Bank Digital Currency (CBDC) solutions.

InsurTech Hyperexponential (hx) which has mathematical modelling software for the commercial insurance sector has closed an $18m funding round led by growth capital fund Highland Europe.

The financial services industry is undergoing a paradigm shift. For financial institutions to stay relevant and keep pace with FinTechs, they must do "whatever it takes" to beat the tech startups, including acquiring them, Aquaa Partners CEO says.