sesamm-bags-37m-to-bolster-the-growth-of-its-nlp-technology

SESAMm bags $37m to bolster the growth of its NLP technology

SESAMm, which develops natural language processing (NLP) technology for global investment firms, has raised $37m for its Series B2 funding round.
Pagos

Payments intelligence platform Pagos inks $34m

Pagos, a payments intelligence company, has scored $34m in a Series A funding round headed by Arbor Ventures.
spade-collects-5m-to-clean-transaction-data

Spade collects $5m to clean transaction data

Spade, which is improving transaction data to improve finance, has secured $5m in its seed funding round.
Liquidity-Group-joins-unicorn-club-after-$40m-investment

Liquidity Group joins unicorn club after $40m investment

Israel-headquartered Liquidity Group has reportedly joined the unicorn club after a $40m funding round brings its valuation to $1.4bn.
Francisco Partners acquires SaaS analytics platform Sumo Logic

Francisco Partners acquires SaaS analytics platform Sumo Logic

Francisco Partners, a global investment firm, has acquired SaaS analytics platform Sumo Logic in a deal that values the business at $1.7bn.
WealthTech firm Aiviq signs multi-year deal with AllianceBernstein

WealthTech firm Aiviq signs multi-year deal with AllianceBernstein

Aiviq, a cloud-based SaaS business for the global asset management industry, will provide AllianceBernstein (AB) with client assets under management (AUM) and flow data management products and services, through a new deal.
FINBOURNE-collects-£30m-debt-facility

FINBOURNE collects £30m debt facility

FINBOURNE Technology, which is on a mission to reduce the cost of investing and increase transparency, has collected £30m in a debt facility.
Koble collects $1.2m to enhance its AI that improves investment decisions

AI-powered Koble collects $1.2m to enhance investment decisions

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.
analytics-platform-for-debt-capital-9fin-nets-23m

Analytics platform for debt capital 9fin nets $23m

9fin, an analytics platform for debt capital markets, has secured $23m in its Series A+ funding round, which was led by Spark Capital.
EBA

EBA publishes final guidelines on remote customer onboarding

The European Banking Authority (EBA) has published its final guidelines on the usage of remote customer onboarding solutions.  According to the EBA, these guidelines set...

News Stories

Weekly FinTech funding falters after strong week

Weekly FinTech funding falters after strong week

Total funding took a nose dive from last week. A total of $580m was raised across 33 FinTech funding rounds this week, compared to the $1.8bn raised the previous week.  
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 
regulator

Regulatory oversight in the crypto realm: A deep dive into communication practices

As crypto firms face a challenges, regulators have launched investigations into companies' GRC arrangements.
Klarna's path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna’s path to profitability: Stellar Q1 results and a new partnership with Airbnb

Klarna, the AI-enhanced global payments network and shopping service, recently unveiled its first-quarter results, showcasing impressive growth surpassing ecommerce trends.
Driving growth in WealthTech: The critical role of adaptive IT architecture

Driving growth in WealthTech: The critical role of adaptive IT architecture

The WealthTech landscape is undergoing constant transformation. A significant driver of this change is the influx of younger customers due to the great wealth...

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