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.
Northzone looks to follow largest, fastest fundraise with up to €450m Fund IX
Nordic venture capital firm Northzone is eyeing up to €450m for its latest fundraise, which would easily be the firm’s largest vehicle to date.
VC-backed payment card issuer Marqeta nears $2bn valuation through Series E round
Venture capital-backed payment card issuing platform Marqeta has hit a valuation of almost $2bn through a Series E 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.
Raisin enters US market hot off the heels of $114m Series D close
Germany-based European savings and investment marketplace Raisin has entered the US market just months after closing its $114m Series D.
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.
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