FinTech News

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KYC solution platform norbloc $1.6m round led by Marathon Venture Capital

KYC solution provider norbloc has closed a $1.6m seed round led by Greece-base Marathon Venture Capital.

Association of German Banks criticise ‘?1bn MiFID II costs’

German banks will have to cover the ?1bn of costs needed to set up the technical infrastructure required for MiFID II according to The Association of German Banks.
fintech insurtech wealthtech regtech ai cybertech esg news

InsurTech platform Covera closes $1m seed round

Canada-based InsurTech platform Covera Technologies has received $1m in a seed funding round, led by Ferst Capital Partners.

Grotech Ventures leads DirectScale’s $8.5m Series B round

DirectScale, which provides a cloud-based platform to meet the needs of the direct and social sales industry, has closed an $8.5m Series B funding round.

JPMorgan Chase acquires payment solution WePay

Payment solution provider WePay has been acquired by JPMorgan Chase to help integrate its solution with millions of small businesses.

Identity verification platform Alloy nabs $3.8m seed

Identity verification platform Alloy has pulled in ?3.8m in its seed funding round led by Eniac Ventures.

Blockchain startup BitClave collects $16.5m

Silicon Valley-based startup BitClave, which is creating a decentralized search ecosystem built on the blockchain, has collected more than $16.5m through the pre-sale of its ICO.

Auto loan provider Finova Financial bags $102.5m in equity and debt line

Auto loan provider Finova Financial has bagged a $102.5m equity and credit facility.

Duo Security closes $70m Series D

Cybersecurity platform Duo Security has closed a $70m Series D investment round led by Meritech Capital Partners and Lead Edge Capital.

Retail space marketplace Appear Here lands backing Fifth Wall

Appear Here, a London-based online marketplace for retail space, has landed an investment from Fifth Wall.Technology-focused real estate investment firm Fifth Wall Ventures said...

News Stories

Crypto

The new standard for digital wealth

Picture an all-too-common scenario. A high-net-worth individual sells part of his crypto holdings. The profits are transferred to his bank account. But what then...
Why AI overlays are failing AML compliance

Why AI overlays are failing AML compliance

Legacy AML platforms are creaking under the weight of modern financial crime pressures and Napier AI warns that bolting AI onto broken foundations will...
KYCP's smart alerts cut KYC noise at the source

KYCP’s smart alerts cut KYC noise at the source

In the increasingly complex world of compliance and know-your-customer (KYC) operations, alert fatigue is a genuine operational hazard. Too many notifications, particularly irrelevant ones, can...
EXANTE: US-China trade thaw tests Trump's economic legacy

EXANTE: US-China trade thaw tests Trump’s economic legacy

In this week's global macro briefing from EXANTE, two seismic developments dominated the financial landscape: Donald Trump's high-stakes visit to Beijing and the Senate's...
Luminor bets on cloud to future-proof Baltic payments

Luminor bets on cloud to future-proof Baltic payments

Baltic bank Luminor has completed a significant step in its cloud transformation strategy, migrating its core payment services onto Tieto Banktech's Payments as a...

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