Exits

Moody’s Corporation purchases pair of RegTech companies

Moody’s Corporation has acquired compliance automation platform PassFort and is set to purchase 360kompany, an onboarding technology developer.

TransUnion to bolster identity capabilities in $3.1bn acquisition

TransUnion, which claims to foster trust between consumers and organisations, has stepped up its efforts around identification verification with $3.1bn acquisition of Neustar.

Next Insurance doubles its valuation to $4bn after fresh investment

InsurTech unicorn Next Insurance has doubled its valuation to $4bn, following the close of a new $250m investment round.

Providence Equity Partners acquires Node4 from Bowmark Captial

UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.

Atos has completed its acquisition of Motiv ICT Security

Managed security service provider Atos has completed its acquisition of Dutch cybersecurity company Motiv ICT Security.

TransferWise rebrands to Wise as it eyes IPO

UK FinTech giant TransferWise has renamed itself to Wise as the company is preparing to go public.

SentinelOne acquires Scalyr in $155m deal

Cybersecurity scaleup SentinelOne has acquired logging startup Scalyr in a deal worth $155m in stock and cash.

Future FinTech Group closes direct offering to the tune of $15m

E-commerce venture Future FinTech Group has closed the registered direct offering of three million share of its common stock at a purchase price of $5.00 per share on January 13, 2021.

Affirm’s stocks soar on first day of trading and pave way for massive growth...

Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.

Visa’s acquisition of Plaid has officially been called off

After a year marred by an antitrust suit, Visa's acquisition of Plaid has officially been called off as the CEO says regulatory reviews threatened consumers' interests.

News Stories

compliance

Compliance at a crossroads: StarCompliance study flags AI surge

Compliance teams are spending more, automating faster and stretching across more borders than ever, yet many remain unprepared for the risks reshaping financial markets,...
Abstract

$25m raise backs Abstract’s push to unseat legacy SIEM

Abstract, a company pioneering composable security operations, has closed a $25m funding round as enterprises increasingly abandon monolithic SIEM platforms in favour of architectures...
Workstreet

Workstreet lands Coalesce backing to fuel compliance hypergrowth

Workstreet, a provider of AI-native cybersecurity and compliance services for businesses operating in regulated sectors, has secured a strategic growth investment from private equity...
FSS

FSS moves to embed consumer protection in Korean finance

The Financial Supervisory Service (FSS), South Korea's financial watchdog, has entered into a collaborative agreement with six industry associations and training institutions aimed at...
Compliance

Compliance without AI agents is a losing battle

Financial crime is not standing still. Criminal networks are exploiting increasingly sophisticated technology, transaction volumes keep climbing, and regulatory expectations are growing ever more...

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