Open banking platform Bud closes $20m Series A
Open banking platform Bud has secured $20m in its Series A round of funding.
Finaeo rakes in $5.3m for latest funding round
Finaeo, an end-to-end insurance digital platform, has raked in $5.3m in a funding round led by FinTech-focused venture firm Luge Capital.
FCA begins regulating duties for the claims management industry
The UK’s Financial Conduct Authority (FCA) has begun regulating the claims management industry across England, Wales and Scotland.
New Zealand’s FMA reveals new focuses for AML/CTF
New Zealand’s Financial Markets Authority (FMA) will increase reviews on independent audits as well as client onboarding and account monitoring processes.
Novo pulls in $4.8m for its venture round
Novo, a digital banking platform for small businesses, has pulled in $4.8m in a venture seed financing round.
Chinese InsurTech Waterdrop Company raises $74.2m in Series B round
China-based InsurTech Waterdrop Company has raised almost RMB500m ($74.2m) through its Series B funding round. Tech giant Tencent and Banyan Capital co-led the round with...
Tokeny launches investorID to support compliant tokenised security trading
Luxembourg-based Tokeny has launched its investorID solution, a platform designed to help investors generate their on-chain identity to access and trade compliant tokenised securities.
Government-focused payments provider PayIt gets $100m-plus Insight Venture Partners backing
Government-focused digital payments startup PayIt has picked up an investment of more than $100m from private equity and venture capital house Insight Venture Partners.
Khaleeji Commercial Bank partners with Token for open banking services
Bahrain bank Khaleeji Commercial Bank (KHCB) has formed a partnership with Token.io to support its open banking services and meet new regulatory requirements.
Toast said to raise $250m round, valuing it at $2.7bn
Restaurant management and POS company Toast has reportedly raised $250m in a funding round which values the company at $2.7bn.
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