Company News

US set to sanction crypto wallets and exchanges in ransomware crackdown

The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.

TomoCredit bags $22m in Mastercard-backed Series B

TomoCredit, a US startup creating a credit card to help first-time borrowers build credit history, has secured $22m from a Series B financing raise.

Should businesses be forced to make climate-related disclosures?

The Financial Conduct Authority (FCA) has asked British businesses about what they think about new proposals outlining climate-related disclosure requirements for companies.
ESG

FCA’s ESG head urges finance sector to proactively tackle nature risks

A speech by Alicia Kedzierski emphasised the urgent need for the finance sector to engage with nature-related ESG financial risks.

CDK Global pens deal to buy InsurTech Salty Dot

Auto insurance firm CDK Global has signed a deal to purchase InsurTech company Salty Dot for an undisclosed fee.

Guava bags $2.4m from funding round

Guava, a banking and networking platform for black entrepreneurs, creators, and small business owners, has secured $2.4m from a funding round.

FinTech investor Vestigo Ventures eyes big AUM boost with Fund II raise

FinTech investor Vestigo Venture is back in the fundraising market eyeing up to $100m for its sophomore investment vehicle, AltAssets can reveal.
Mendoza Ventures, a female and Latinx-founded FinTech, has announced that Truist Ventures is investing in its ambitious Early Growth FinTech Fund which is targeting $100m.

Mendoza Ventures closes Truist Ventures’ investment for its $100M Early Growth FinTech fund

Mendoza Ventures, a female and Latinx-founded FinTech, has announced that Truist Ventures is investing in its ambitious Early Growth FinTech Fund which is targeting $100m.

Majority of UK cyber professionals intend to automate more over the next year

A recent report by security firm ThreatQuotient has found an overwhelming majority of UK senior cybersecurity professionals intend to automate more in the next 12 months.

Acronis bags $250m in BlackRock-backed funding round

CyberTech firm Acronis has raised $250m in an investment round that saw support from companies including BlackRock.

News Stories

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, partners with Paylink, a forefront provider of affordability software and payments solutions.
Mitigram and Fides join forces to revolutionise global trade finance

Mitigram and Fides join forces to revolutionise global trade finance

Mitigram, a global leader in digital trade finance, has announced a strategic partnership with Fides, the industry-leading provider of multibank connectivity solutions.
Approveit secures $1m in funding to enhance its payment automation software

Approveit secures $1m in funding to enhance its payment automation software

Approveit, an operations and automation platform for businesses, has successfully raised $1m.
Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus, headquartered in Singapore, has announced a new partnership with HSBC, establishing a $50m debt facility aimed at bolstering financial inclusion for micro, small, and medium enterprises (MSMEs) in Indonesia.
BillEase secures Series C funding led by TPG's The Rise Fund to enhance Filipino financial inclusion

BillEase secures Series C funding led by TPG’s The Rise Fund to enhance Filipino...

BillEase, a digital consumer finance platform in the Philippines, has announced a significant milestone in its growth trajectory.

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