Industry News

Sharia-compliant investment platform Mnaara raises pre-seed funds 

Mnaara, a FinTech specialising in offering investors access to global private funds while complying with Islamic finance principles, has successfully raised $500,000 in a pre-seed round. 
open

UK government advances towards Open Banking payments for public services

The UK Government has revealed its plans to delve into the use of open banking to foster digital payments across various public services.
risks

Managing third-party risks: A comprehensive guide for financial institutions

Flagright recently detailed how financial industry companies can manage third-party risks in compliance solutions.
deepset

German AI platform deepset secures $30m in funding to bolster LLM tech

AI firm deepset, an enterprise platform focused on building applications with LLMs, has successfully raised $30m in a recent round. 
Moove

Mobility FinTech Moove secures $76m in funding to expand globally

African-founded mobility FinTech Moove has announced a new funding round, securing a total amount of $76m.

Vesttoo announce interim CEO amidst fraud scandal, liquidate collateralised insurer 

Israeli FinTech Vesttoo has named Ami Barlev as its Interim CEO and closed a collateralised insurer amidst its fraud scandal. 
Sweet

Sweet Security raises $12m to innovate cloud runtime security solutions

Sweet Security, a pioneering firm focused on cloud security, has announced its arrival with $12m in seed funding.

PULSE extends debit fraud protection deal with FICO 

US FinTech PULSE has extended its debit fraud protection deal with global analytics software provider FICO.
Kivera

Cloud security innovator Kivera secures $3.5m as it enters US market

Kivera, a cloud security company that aims to prevent malicious attacks via cloud misconfigurations, has raised $3.5m in seed funding.

Visa UK introduce new measures to protect businesses from ‘friendly fraud’ 

Visa UK has revealed a litany of new measures designed to protect small businesses and combat ‘friendly fraud’. 

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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