Leading US banks to pilot low credit score credit scheme
Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.
Significant ransomware attack causes Irish healthcare IT shutdown
Ireland’s healthcare service has temporarily been forced to shut down its computer systems as a precaution following a significant ransomware attack.
BaaS platform Omnio bags €30m as it vies for European expansion
UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.
Pine Labs banks $285m at $3bn valuation to scale its merchant commerce platform
India-based FinTech unicorn Pine Labs raised $285m in a new round of funding which valued the firm at $3bn.
Cause-driven ecommerce platform Our Mayberry inks $1.2m
US-based ecommerce platform Our Mayberry raised $1.2m through its convertible note seed round offering by reaching its 20% oversubscription limit led by unnamed investment groups from medical services and restaurant industries.
Verizon report finds 85% of data breaches in 2020 involved human interaction
A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.
Cybersecurity firm Cryptosense raises $4.8m to protect FinTechs from breaches
France-based cryptography lifecycle management platform Cryptosense raised $4.8m in funding.
Zenlayer eyes enhanced cloud footprint following $50m Series C
US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.
FinTech startup Nuula launches beta app in the US
Canadian FinTech company Nuula has introduced its beta mobile app with a mission to ‘help small businesses succeed’.
Accounts automation firm Stampli lands $50m to ease business payments
Accounts payable (AP) automation company Stampli landed $50m in a Series C funding round led by Insight Partners, bringing its total funding to more than $87m.