Cloud Security

Xage Security captures $20m funding amid surging cybersecurity demand

Xage Security captures $20m funding amid surging cybersecurity demand

Xage Security, described as the "real-world zero trust cybersecurity company", has secured $20m in a new funding round.
Dubai-based cybersecurity firm SpiderSilk secures $9m

Dubai-based cybersecurity firm SpiderSilk secures $9m

SpiderSilk, a Dubai-based cybersecurity AI startup, is making significant strides in the rapidly evolving world of cyber defense.
PXP Financial strengthens ties with Foregenix for advanced eCommerce cyber security

PXP Financial strengthens ties with Foregenix for advanced eCommerce cyber security

PXP Financial, recognised for their prowess in global acquiring and payment services, has inked a partnership deal with Foregenix, acclaimed for being at the forefront of cyber security in payments, digital forensics, and PCI compliance.
Upfort attracts $8m in Series A to boost cyber resilience

Upfort attracts $8m in Series A to boost cyber resilience

Upfort, a pioneering cyber security and insurance platform, has raised a substantial $8m in a recent Series A funding round. The round was spearheaded by...
Global cybersecurity leader BrandShield nets $3.38m

Global cybersecurity leader BrandShield nets $3.38m

BrandShield, a prominent global cybersecurity company, has made headlines with its latest financial and strategic moves.
Censys locks in $75m funding: Advancing cybersecurity's future

Censys locks in $75m funding: Advancing cybersecurity’s future

Censys, described as "the leading Internet Intelligence Platform for Threat Hunting and Exposure Management", has made a significant announcement concerning its latest financial endeavours.
Zygon has secured $3m in a successful seed funding round, as it looks to protect enterprises from the risks brought by the uncontrolled spread of Software-as-a-Service applications among their teams.

Zygon bags $3m in seed funding to prevent SaaS security risk

Zygon has secured $3m in a successful seed funding round, as it looks to protect enterprises from the risks brought by the uncontrolled spread of Software-as-a-Service applications among their teams.
Gutsy unveils a pioneering $51m seed round to redefine security governance

Gutsy unveils a pioneering $51m seed round to redefine security governance

Cybersecurity innovators, Ben Bernstein, Dima Stopel, and John Morello, once at the helm of Twistlock – a cloud-native security vanguard acquired by Palo Alto Networks in 2019, today announced the initiation of their new venture, Gutsy.
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.

News Stories

A total of $541m was raised this week across 16 FinTech deals

A total of $541m was raised this week across 16 FinTech deals

It was a modest week for FinTech deals this week, with a total of $541m raised across 16 deals.  This represented a significant drop from...
What will WealthTech look like in 2030?

What will WealthTech look like in 2030?

Since the start of this decade, wealth management has transformed dramatically. Technology is evolving at such a rapid pace that the sector could look...
Fintel buys Mortgage Brain to unify adviser tech stack

Fintel buys Mortgage Brain to unify adviser tech stack

Fintel, the UK provider of software, data and support services for retail financial services, has acquired Mortgage Brain Holdings, a move that pushes the...
HKMA’s ART framework sets rules for agentic AI in banking

HKMA’s ART framework sets rules for agentic AI in banking

The Hong Kong Monetary Authority has introduced the “ART” Framework, a set of measures intended to guide lenders towards responsible use of artificial intelligence...
Visa and STB pact targets high-value repeat travellers

Visa and STB pact targets high-value repeat travellers

Visa has agreed a three-year Memorandum of Understanding (MOU) with the Singapore Tourism Board (STB), a move that puts cardholder data at the centre...

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