Infrastructure & Enterprise Software

Egyptian digital banking startup Telda raised $5m in a pre-seed funding round led by VC giant Sequoia Capital, marking the region's largest pre-seed funding round.

German InsurTech Getsafe has partnered with UK-based company comparethemarket.com to provide better insurance policies to UK consumers.

Indonesia-based BukuKas has reportedly netted $50m Series B funding, which comes hot off the heels of the company’s former round.

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

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.

Ireland’s healthcare service has temporarily been forced to shut down its computer systems as a precaution following a significant ransomware attack.

UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.

India-based FinTech unicorn Pine Labs raised $285m in a new round of funding which valued the firm at $3bn.

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.

A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.