Funding Rounds

SenseOn, an AI-powered threat detection and cybersecurity platform, has raised $20m in its Series A funding round.

MDOTM, which designs AI-powered investment strategies, has closed its Series B funding round on €6.2m.

Prodigy Finance, which helps students access international student loans, has reportedly collected $750m in a funding round.

Rishi Sunak has demanded two reviews of the country’s financial regulation linked to supply chain finance followed the collapse of Greensill Capital earlier this year.

Automated crypto trading platform Coinrule has reportedly netted $2.2m in its seed funding round.

Blofin, a digital asset management company, has collected $12m in its Series A2 funding round.

Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.

The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.

Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.

Tag, a digital banking platform for consumers in Pakistan, has reportedly collected $12m in a funding round it claims to be the largest in seed round in the South Asian market.