Zenlayer eyes enhanced cloud footprint following $50m Series C

US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.

UK Foreign Secretary calls on Russia to do more against state-backed cybercrime

The UK Foreign Secretary Dominic Raab has said Russia must do more to tackle cybercriminals operating from within their national borders.

FinTech Wales eyes global FinTechs with business accelerator launch

FinTech Wales has introduced the FinTech Wales Foundry - a zero-equity business accelerator that pairs global FinTechs with leading Welsh financial institutions.

Finastra survey finds financial industry see bright future for BaaS

A survey by FinTech giant Finastra has found banking-as-a-service (BaaS) is set to make a substantial impact on financial services over the next 12 months.

BNPL tabby closes $50m Series B to expand portfolio and market reach

UAE-based buy now, pay later (BNPL) company tabby has concluded a $50m Series B funding round led by Global Founders Capital and STV.

Trendyol secures Decacorn status following Softbank-backed funding round

Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.

FBI finds cybercrime group has targeted US firms since November last year

The FBI has discovered that the OnePercent ransomware gang has been actively targeting US organisations since November 2020 as a ransomware affiliate.

EPC kicks off malware platform pursuit to boost fraud sharing capabilities

The European Payments Council (EPC) has begun the search for a Malware Information Sharing Platform (MISP) to aid real-time fraud information sharing.

DarkSide ransomware behind Colonial Pipeline incident, FBI claims

The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.

InsurTech bolsters team with former Lloyd’s executive

Former Canopius corporate development head Sally Coryn has joined InsurTech company iX Technology Group as executive chair.

News Stories

medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
digital-trade-finance-platform-mitigram-bags-11m-eyeing-accelerated-growth

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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