UK-based FinTech company ABAKA scores backing
London-based ABAKA, which offers an AI-recommendation engine and digital retirement solutions, has received an investment round to bolster its research and development.
Datameer raises funds to support new product launch
Datameer, a data preparation and exploration solution, has secured $40m in funding to support the launch of its cloud-native self-service solution.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
HKMA sets out four-step initiative to drive bolstered RegTech adoption
The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.
Fintech Galaxy continues financial inclusion goal with seed round close
UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.
Tradeworx sells trading platform to Blueshift Asset Management
Tradeworx has sold its trading business to Blueshift Asset Management, so it can focus on its financial market big data solution Thesys Technologies.
Heap collects $55m in Series C to support international expansion
Heap, which collects and organises customer behavioural data, has closes its Series C round on $55m.
Amberdata nets $15m as it sets its eyes on international growth
Amberdata, a data and insights platform for blockchain networks, has closed its Series A on $15m as it looks to expand in the US.
HSBC Qatar introduces mobile payments service in banking digitisation push
HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.
Home value app Plunk closes $6.5m seed round
Seattle-based financial services company Plunk has concluded a $6.5m seed round led by Unlock Venture Partners. The round also included participation from Sony Innovation...
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