India-based InsurTech Riskcovry said to raise $5m
Digital insurance software developer Riskcovry has reportedly raised $5m in its Series A round, which was led Omidyar Network India.
Digital asset platform Finoa banks $22m in a Series A round
Berlin-based digital asset custody and financial services platform for institutional investors and corporations Finoa closed a $22m Series A funding round.
Allure Security closes seed funding for its CyberTech services
Allure Security, an online brand abuse detection and protection solution, has closed its seed funding round on $6.8m.
Proof of Impact secures first institutional investment
Proof of Impact, a digital platform which enables consumers to donate and invest in positive causes, has received its first institutional investment.
Salt Edge releases SCA tools as firms struggle with the regulation
Salt Edge has released a new open source tool to support strong customer authentication (SCA) and dynamic linking processes.
US SEC issues $5m penalty to Morgan Stanley for misleading clients
The US Securities and Exchange Commission (SEC) has issued a $5m penalty to Morgan Stanley Smith Barney after it providing misleading information to clients in its retail wrap fees programmes.
Funding Societies raises major funding to boost MSME financing in Southeast Asia
Funding Societies, a leading Southeast Asian FinTech company, has recently secured a substantial investment from Khazanah Nasional Berhad and CGC Digital Sdn Bhd.
Old Street Digital scores $2.8m in seed funding
Old Street Digital, an institutional asset manager, has raked in $2.8m in a seed funding investment round.
Unravelling the power of data analytics for effective claims handling
In a recent post by Cognitive View, the company provided complaint insights to reduce claims disputes and compliance issues.
SumUp unveils digital wallet to simplify shopping experience
Payments firm SumUp has launched SumUp Pay, a digital wallet that the company claims makes shopping locally easier and more rewarding.
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