BaFin orders N26 to improve prevention of money laundering and terrorist financing
German Federal Financial Supervisory Authority (BaFin) has ordered challenger bank N26 to improve its prevention of money laundering and terrorist financing.
PDFTron secures $71m from growth equity firm Silversmith Capital Partners
Canada-headquartered PDFTron has secured $71m in funding from growth equity firm Silversmith Capital Partners.
VC-backed TransferWise hits $3.5bn valuation through secondary investment round
Venture capital-backed money transfer business TransferWise has hit a $3.5bn valuation through a new $292m secondary investment round.
On-demand insurance platform VOOM launches from stealth after $2m Series A
On-demand insurance platform VOOM has exited from stealth and closed a $5m Series A funding round.
Qumra Capital leads hefty Series C for data centre, cloud security company Guardicore
Qumra Capital has led a hefty $60m Series C round for data centre and cloud security business Guardicore.
Clerkie launches personal finance app following close of $2m seed
Clerkie, an AI-powered financial advisor, has launched its app on iPhone following the close of a $2m seed funding round.
AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen
European private equity firm AnaCap Financial Partners has bought a majority stake in SundhedsGruppen A/S, a digital health insurance platform.
Snapsheet bags $29m in its Series E to support growth of analytical capabilities
Virtual claims solution Snapsheet has closed its Series E funding round on $29m to support the advancement of analytical capabilities.
IoT identity authentication service Intrinsic ID nets loan from EIB
Internet of Things security technology developer Intrinsic ID has received a €11m loan from the European Investment Bank (EIB).
JPMorgan buys healthcare payments business InstaMed
Healthcare payments provider InstaMed has been picked up by JPMorgan Chase in a strategic investment reportedly valuing the business at between $550m and $600m.
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