Company News

Cybersecurity unicorn Exabeam reaches $2.4bn valuation after latest $200m round

Security analytics and automation company Exabeam banks a $200m Series F growth round at a valuation of $2.4bn.

MAS provides consultation response to credit bureau, reporting regulations

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.

CSI eyes bolstered instant payments adoption through pilot program

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

Sweden temporarily closes infectious diseases database due to hack attempts

The Swedish Public Health Agency temporarily closed down the country’s infectious diseases database SmiNet following several hacking attempts.

US confirms JBS Foods ransomware cyberattack likely Russia-linked

The US has confirmed that the cyberattack on food processing company JBS Foods was a ransomware attack likely coordinated by a Russian group.

HeyTrade to implement Veriff’s identity verification technology

Investing platform HeyTrade has implemented Veriff’s global identity verification services as part of a new deal to improve onboarding.

MotoRefi secures Goldman Sachs backing in $45m Series B

US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.

Interpol diverts $83m of online fraud from cybercriminals

Interpol claims it has intercepted $83m belonging to victims of online financial crime from being transferred into the accounts of their hackers.

Crypto firm Circle closes $440m funding round

US cryptocurrency company Circle has raked in $440m from a funding round.

How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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