Singapore and UK authorities team up to conquer cybersecurity
The Monetary Authority of Singapore (MAS), the Bank of England and the Financial Conduct Authority (FCA) have agreed to work together to boost cybersecurity in their financial sectors.
Reserve Bank of India fines HDFC INR 10m for KYC/AML fines
The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.
FCA reveals results of its investigation into defined benefit scheme transfers
The UK’s Financial Conduct Authority (FCA) has released the results of the data it received from firms carrying out Defined Benefit (DB) transfers and has revealed its next steps in its supervisory work.
FinTech backer Polaris Partners picks fund size consistency with Fund IX launch
Polaris Partners, a buyout firm which has backed promising fintech startups in recent years, has launched its ninth flagship vehicle.
Face, object recognition developer AnyVision gets $74m Series A financing
Computer vision developer AnyVision, whose recognition software is being used by businesses ranging from banks to sports stadiums, has secured a $74m Series A funding round.
Personal finance app Tally collects $50m in Series C
Personal finance platform Tally has collected $50m in a Series C round, bringing its total equity raised to $92m.
Public Pension Capital and FiveW Capital sell Viteos for $330m
Public Pension Capital and FiveW Capital have sold their alternative asset manager-focused FinTech company Viteos to trade-buyer Intertrust for $330m. Viteos provides tech-based middle and...
Target Global leads $42m round for Zego
European venture capital firm Target Global has led a $42m Series B funding round for London-based InsurTech Zego. This latest round brings the company's total raised...
EQT Ventures hails open banking opportunity amid latest Token investment round
Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.
Sequoia, Ribbit Capital among backers for $75m Razorpay Series C
Indian online payments startup Razorpay has picked up a $75m Series C investment round from investors including Ribbit Capital and Sequoia Capital.