A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.
Pcysys, a cybersecurity risk validation platform, has collected $10m in its Series A round to support its growth in North America and EMEA.
Home and auto insurance platform Branch is continuing its expansion efforts having netted $24m in its Series A round.
KPMG has become the latest financial institution to enter the metaverse with the launch of a collaboration hub.
Japan-based FinTech WealthPark has bagged JPY 907m ($8.5m) in a funding round, which will help it strengthen its operation capabilities.
Knock, an online home ‘trading’ platform, has raised $400m in its Series B round of funding.
Online alternative investments platform Rally Rd has netted $7m in its Series A led by Upfront Ventures.
RiskScout, an Austin, TX-based regulatory technology firm, has successfully secured an undisclosed sum in its Seed funding round.
Californian venture firm SGVC has raised up to $21m for its third investment vehicle.
The Financial Ombudsman has received over 3,500 complaints related to Covid-19 so far this year.