People News

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.

Rapyd to acquire payments firm Valitor for $100m

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

Tessian looks toward acceleration following $65m Series C

UK security company Tessian has closed a $65m Series C funding round led by March Capital.
Blockchain-developer-securrency-names-CEO

Blockchain tech developer Securrency names CEO

Securrency, a developer of institutional-grade, blockchain-based financial and regulatory technology, has appointed Nadine Chakar as CEO.

Survey finds SFTR is leading to regulatory reporting consolidation

A survey conducted by IHS Markit and Pirum has found over 70% of regulatory respondents plan to consolidate their diverse reporting processes under a single platform.

Veriff rakes in $69m Series B as it eyes US expansion

Estonian identity verification business Veriff has closed a $69m Series B financing round led by IVP and Accel.

Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

Cybercrime cases continue to rise as Belgium becomes most recent victim

The company that provides internet services for Belgium’s parliament, government departments, universities and scientific institutions has suffered a cyberattack.

Blockchain startup Libra hires former Siemens chief risk officer

Blockchain and smart contracts company Libra has hired Siemens former chief risk officer (CRO) Dr Gerard Brennan as its director of audit technology.

EU plans to introduce AML authority following financial crime uptick

The European Commission has announced plans to create a new Anti-Money Laundering Authority (AMLA) following a flurry of recent financial crime scandals.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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