FinTech News

Cybersecurity investor Ten Eleven Ventures closes Fund II on $200m

Cybersecurity-focused VC Ten Eleven Ventures has raised $200m for the final close of its TEV II Fund. The US-based investor will tap the fund to...

InsurTech startup Axioma to raise up to £400,000 in crowdfund

Axioma Europe, a claims handling platform for the auto industry, is looking to raise a maximum of £400,000 in a crowdfunding campaign.

Around 4,800 websites hit by formjacking each month, Symantec study claims

Around 4,800 unique websites are compromised by formjacking code each month, a report from cybersecurity giant Symantec states. The 24th volume of the Internet Security...

K2 Cyber Security launches services, alongside $6m seed close

K2 Cyber Security has launched its cloud workload security platform, alongside the close of a $6m seed round.

Allianz bumps up VC fund size to ?1bn with eyes on InsurTechs

Allianz X, the VC arm of insurance giant Allianz has upped its fund size to ?1bn after securing additional investment from?the parent company.The fund's...

EBA launches investigation into Estonian and Danish financial service authorities

The European Banking Authority (EBA) has opened an investigation into a breach of Union law by the Estonian Financial Services Authority and the Danish Financial Services Authority.

UK’s FSB launches campaign to tackle late payments to small businesses

The UK Federation of Small Businesses (FSB) has launched a new campaign designed to pressure the government to tackle poor payment practices in the...

CipherTrace reels in $15m in round led by Aspect Ventures

Blockchain security company CipherTrace has reeled in $15m in venture capital funding led by Aspect Ventures.

Comparison platform InsureMyTrip partners with Assurex

Travel insurance startup InsureMyTrip has formed a partnership with Assurex Global to support policy comparison.

NormShield nets $3.5m in Seed funding

NormShield, a providers of on-demand cyber risk scorecards for enterprises, has netted $3.5m in its Seed funding round. The capital injection was led by Glasswing...

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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