Gen-Z financial management app Cleo bags $44m Series B round
Funding rounds for FinTechs focusing on younger generations have come in hot and fast lately, with Cleo becoming the latest one to top up its coffers by closing its $44m Series B.
CloudPay and Visa to improve payroll services
CloudPay, global employee pay provider, has partnered with Visa to reduce payroll payment cycles.
Knostic secures $3.3m to enhance GenAI access control frameworks
Knostic, a trailblazer in generative AI (GenAI) security, announced today that it has successfully closed a $3.3m pre-seed funding round.
Munich Re launches new hurricane response tools for insurers
Munich Re has released a new set of hurricane response tools to help insurance firms assess property damage after incidents.
Robinhood expands into credit sector with $95m acquisition of X1
Robinhood, a stock trading app, has struck a deal to acquire X1, an innovative credit card startup, for a significant $95m cash settlement.
Xinja closes its banking services in Australia
Neobank Xinja may have raked in some of the biggest funding rounds in Australia, but now it's blaming Covid-19 and a tough market for its decision to drop out of banking.
RBI bars Paytm Payments from customer onboarding amid concerns
The Reserve Bank of India (RBI) has directed Paytm Payments Bank to stop onboarding new customers due to ‘certain material supervisory concerns’ observed in the bank.
Mastercard and VoPay partner to revolutionise money movement in Canada
Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally. The partnership is driven by the growing demand for...
CloudCheckr closes $15m deal to drive innovation
The cloud management company CloudCheckr that enables customers to ensure their infrastructure is compliant with regulations have raised $15m
White House unveils cybersecurity budget focus for FY 2025
The OMB and the Office of the ONCD has presented its five cybersecurity budget priorities for for fiscal year 2025.