Investors

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.

Valar Ventures moves past halfway mark for latest co-investment fund

US-based venture capital firm Valar Ventures has raised up to $11.6m for its sixth co-investment fund, so far.

CreditEase FinTech fund unveils three new US investments

The fund counts more than $1bn in total committed capital and aims to back growth-stage companies in China as well as global markets.
Perygee

Perygee lands $4.75m in seed financing raise

Perygee, a company providing a lightweight and complete security platform for IoT and OT, has raised $4.75m from a seed investment round.

Vulnerability remediator Vicarius lands $24m Series A

Vulnerability remediation platform Vicarius has scored $24m from a Series A financing raise led by AllegisCyber Capital, JVP and AlleyCorp.

Plum bags $15.6m from Tiger Global to build insurance products for SMEs

Bengaluru-based digital insurance startup Plum raised $15.6m in its Series A funding round led by Tiger Global.

ForgeRock bags $93.5m in new Series E round and becomes latest digital identity startup...

Digital identity verification company ForgeRock has closed a $93.5m Series E round at a time when the sector is poised for massive growth.

MetaProp holds $40m close for second PropTech-focused venture fund

PropTech-focused venture capital firm MetaProp has closed its second vehicle on $40m, making it more than 50 percent oversubscribed.
banco

Singaporean FinTech banco rakes in $6.7m Series A

Singapore-based FinTech banco has raised $6.7m in a Series A funding round led by SBI Group.

PayTech giant Airwallex to expand ASEAN foothold following regulatory approval

Global payments platform Airwallex has been granted a Major Payment Institution License in Singapore by the Monetary Authority of Singapore (MAS) under the Payment Services Act.

News Stories

BaFin

N26 fined €9.2m by BaFin for late money laundering reports

BaFin has recently imposed a €9.2 million fine on German FinTech firm N26 due to anti-money laundering failures.
sustainability

Survey reveals 80% of companies eye sustainability for financial growth

A survey conducted by Morgan Stanley unveils significant insights into corporate attitudes towards sustainability and its financial implications.
HSBC

FCA fines HSBC £6.2m over customer treatment failures

The FCA has fined HSBC, HSBC Bank and Marks and Spencer Financial Services plc (HSBC) £6.2m for their inadequate treatment of customers facing financial difficulty.
Patronus AI

Patronus AI bags $17M investment to fortify LLM reliability platform

Patronus AI, a startup that specialises in aiding companies in identifying and rectifying reliability issues within their LLMs, has raised $17m. 
Majority

Majority’s migrant banking platform secures $20m funding boost

Majority, a platform catering to migrants in the US with mobile banking services and international offerings, has raised $20m.

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