Cloud Security

Visa and Expel forge partnership to fortify cybersecurity

Visa and Expel forge partnership to fortify cybersecurity

Visa, a colossal player in the digital payments realm, and Expel, a forerunner in security operations, have coalesced in a strategic partnership, aspiring to bolster the cybersecurity fortifications of Visa’s Value-Added Services portfolio on a global scale.
d1g1t, the leading institutional-grade wealth management platform for Financial Advisors, RIAs, and Multi-Family Offices, today announced that it has closed a combined equity and debt financing round. U.S. based existing investor MissionOG led the equity investment, which included participation of other top existing institutional investors: CI Financial, National Bank of Canada’s venture arm NA Ventures, U.S./UK VC Illuminate Financial and Purpose Financial, as well as existing angel investors. Also participating in the round is new investor FigTree Financial, a leading multi-family office and a d1g1t client. CIBC Innovation Banking, the technology and innovation focused team within Canadian Imperial Bank of Commerce (CIBC), led the round’s debt facility. The financing follows d1g1t’s continued success, where in a short time it has grown its platform to service thousands of advisors at leading wealth management firms and multi-family offices in Canada, the U.S. and the Caribbean, managing over $200 Billion in Assets. In the last year, d1g1t has been recognized with several awards, including Deloitte’s Fast 50, the Best Enterprise Wealth Management Platform in the 2023 Fintech Awards, and the WealthTech 100 as one of the world’s most innovative WealthTech companies. d1g1t will leverage the funding to continue its rapid expansion in the U.S., scale operations, as well as continue its R&D investment to expand the platform capabilities and advance product innovation. “We are excited to close this investment round with the support of an amazing group of leading Fintech investors and strategic partners, which will continue fueling our steady and sustainable growth”, said Dr. Dan Rosen, d1g1t’s co-Founder and CEO. “Financial advisors have been underserved for too long by their siloed tech stacks. As a result, their capabilities have lagged behind institutional investors. The confidence that our partners have placed in us validates our unique value proposition and highlights our commitment to empower wealth management firms with technology that enhances their high-value human advisory services and sets them apart in their client engagement.” “d1g1t brings true innovation and a unique blend of functionality and usability to its advisor customers,” said Andy Newcomb, Managing Partner, MissionOG and d1g1t board member. “The demands and requirements of both advisors and their end customers have become more complex, yet the solutions to address their needs have largely remained stagnant. In response, d1g1t offers a total solution that has proven its ability to service and delight some of the industry’s most demanding customers.” Joining d1g1t’s investor group this round are CIBC Innovation Banking and, d1g1t’s client and partner, FigTree Financial. “We recognize d1g1t’s transformative approach to digital wealth management,” said Rob Rosen, Managing Director in CIBC Innovation Banking’s Toronto office. “Its sophisticated platform stands out not just for its technological edge, but for how it addresses the nuanced needs of today’s financial professionals. We believe in d1g1t’s potential to further redefine the industry and are excited to be a part of their growth trajectory.” “By providing us with a whole new set of capabilities to engage with our clients in real-time and elevate their experience, the d1g1t platform helps us accelerate our growth and establish ourselves as a leading wealth advisor in the region,” said Danny Farmer, Co-Founder and Executive Chairman of FigTree Financial. “We are very excited to expand our partnership and to continue collaborating with the d1g1t team to bring powerful technology to the forefront of wealth management practice.” About d1g1t Inc. d1g1t is the leading Institutional-grade Wealth Management Platform for Advisors, Multi-family Offices, RIAs, and Broker Dealers. It enables firms to elevate the quality of their advice and demonstrate its value to clients. The d1g1t platform was created to transform the patchwork of legacy systems with a single, integrated platform that manages the entire wealth advisory life cycle through a seamless workflow that is highly intuitive and easy-to-use by the entire firm. Much more than a reporting platform, d1g1t equips financial client-facing advisors, back-office teams and senior management with operational efficiencies and powerful intelligence they need in real-time. The company is led by an experienced financial technology team who have developed leading enterprise risk and portfolio management systems for many of the world’s top investment banks, institutional and wealth managers, hedge funds, and regulators around the world.

Lumu Technologies bags $30m in Series B for cybersecurity boost

Lumu Technologies, a cybersecurity innovator, is buzzing with excitement as they unveil their $30m Series B funding coup. This round was spearheaded by Forgepoint Capital, demonstrating robust investor confidence in Lumu's vision and operational prowess.
Vali Cyber earns $15m seed fund to amplify Linux cybersecurity

Vali Cyber earns $15m seed fund to amplify Linux cybersecurity

Vali Cyber, described as a future-focused provider of Linux cybersecurity solutions, is celebrating the closure of its seed funding round. The firm successfully secured a noteworthy $15m.
Navigating cyber threats in education: The shield of board management software

Navigating cyber threats in education: The shield of board management software

Digital transformation in the educational sector, encompassing elementary schools to prestigious universities, has made them a prime target for cyberthreats.
From clearing challenges to a revolution in trade surveillance: The Eventus Story

From clearing challenges to a revolution in trade surveillance: The Eventus Story

Travis Schwab - the CEO of Eventus - the global provider of state-of-the-art, at-scale trade surveillance software across all lines of defense – recently spoke...

Rapid7 secures $260m in latest convertible senior notes offering.

Rapid7, known for its quest to foster a safer digital realm by streamlining cybersecurity, announced a significant shift in its financial position today.

Israeli cybersecurity startup backed by Steph Curry’s Penny Jar raises $50m

Israeli cybersecurity startup Upwind has raised $50m in a funding round which featured Steph Curry's Penny Jar Capital.
Bleach Cyber joins Techstars

Bleach Cyber joins Techstars Austin 2023

Bleach Cyber has recently been spotlighted among the plethora of startups, having been chosen to join the prestigious Techstars Austin Summer Cohort 2023.
Metabase Q bags $3m funding to bolster cybersecurity in Latin America

Metabase Q bags $3m funding to bolster cybersecurity in Latin America

Metabase Q, a trailblazing all-encompassing cybersecurity solution catering primarily to multi-national corporations within Latin America, shared news of its recent financial achievements.
risk

Building the case for public sector cyber risk management 

With the ever-increasing risk of cyber attacks dominating a CyberTech space that is evolving rapidly, how best can companies and CISO’s mitigate the danger? 

News Stories

Optalitix and Insurance Knowledge Hub partner to enhance underwriting skills with new course

Optalitix and Insurance Knowledge Hub partner to enhance underwriting skills with new course

Optalitix, an award-winning InsurTech firm established in 2013, has formed a strategic partnership with the Insurance Knowledge Hub, a pioneer in professional insurance education.

Big xyt secures €10m from Finch Capital to spearhead global FinTech expansion

Big xyt, a leading provider of AI-analytics for financial markets, announced today that it has secured a significant €10m in funding. The investment was led...

BlueFlame AI unveils no-code gen AI solution to transform alternative investment management

BlueFlame AI, a front-runner in generative artificial intelligence (Gen AI) solutions for alternative investment managers, announced today the debut of its no-code workflow automation tool, Blueprints.
Mirakl and Mangopay forge alliance to boost European marketplace growth

Mirakl and Mangopay forge alliance to boost European marketplace growth

Mirakl and Mangopay have announced a strategic partnership to drive the growth of European marketplaces through advanced payment solutions. Mirakl, a global leader in eCommerce...
Akur8 and Utica First team up to revolutionise insurance pricing with advanced ML technology

Akur8 and Utica First team up to revolutionise insurance pricing with advanced ML technology

Akur8, renowned for its next-generation InsurTech pricing and reserving solutions, has teamed up with Utica First, a leader in small business and personal lines insurance.akur8

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