Rapyd snares $300m Series E to accelerate growth and acquisitions
US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.
FinTech VC Element snares $130m for B2B fund
UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.
US cyber director Inglis calls for cyber statistics bureau creation
US national cyber director Chris Inglis has endorsed a plan for the creation of a bureau of cyber statistics which will collect and analyse threat data.
Threat detection firm Venari Security pulls in £4.2m Series A
London-based Venari Security has raised £4.2m from a Series A funding round that included a number of high-profile cybersecurity backers.
Ritmo bags €13.8m seed funding to scale into new markets
Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.
Microsoft underlines heightened concern from call centre ransomware scheme
Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.
India unveils new digital currency, Nigeria eyes e-currency launch in October 2021
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
‘Shooting war’ with a major power could break out over cyberattacks, Biden reveals
President Joe Biden has claimed the US is more likely to end up in a ‘real shooting war with a major power’ due to cybercrime than any other form of conflict.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
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