Industry News

Basware

Basware launches AP Protect to combat invoice fraud and enhance financial security

Basware, a global leader in accounts payable (AP) automation and invoice processing, has announced the launch of its new product, AP Protect. This AI-powered solution...
Oscilar-emerges-from-stealth-to-protect-transactions

Oscilar emerges from stealth to protect online transactions

Oscilar, a startup which offers an AI-powered platform, has emerged from stealth to protect online transactions.
IBM

IBM acquires HashiCorp in a $6.4bn deal to enhance hybrid cloud capabilities

IBM has acquired HashiCorp a multi-cloud infrastructure automation firm, at a deal valued at approximately $6.4bn, with IBM offering $35 per share.

RBA report unveils potential benefits of interlinking fast payment systems

The RBA has unveiled a comprehensive report examining the possibilities and challenges of interlinking fast payment systems across borders.
Mastercard

Mastercard speeds up plan to remove first-use plastics from payment cards

Mastercard will accelerate its efforts to remove first-use, PVC plastics from payment cards on its network by the year 2028.
GradGuard expands coverage: New tuition protection program includes loss of employment

GradGuard expands coverage: New tuition protection program includes loss of employment

In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.
PhonePe

PhonePe nets yet another $100m as billion-dollar funding plan continues

PhonePe, an Indian payments application, has netted yet another $100m in funding as it continues its path to raising $1bn in funding.
Monzo

Monzo secures $190m investment and hits $610m funding milestone

UK-based digital bank Monzo has successfully secured an additional $190m in funding, bringing its total funding to an impressive $610m.
HKEX

HKEX to require climate reporting from all issuers from 2024

All issuers listed on the Hong Kong Stock Exchange (HKEX) will be required to provide climate-related disclosures beginning January 2024.
Worky

Mexico’s Worky bags $6M Series A to transform payroll solutions

Worky, a provider of an HR and payroll software solution for companies, has successfully raised $6 million in Series A funding.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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