UK bank 3S Money raises £3m to boost hiring, business expansion
UK banking platform 3S Money has raised £3m from a Series B funding round and has hit a £40m valuation.
FCA to introduce ‘regulatory nursery’ to boost FinTech oversight
The Financial Conduct Authority (FCA) has revealed it will launch a ‘regulatory nursery’ for new FinTech companies in autumn of this year.
PensionBee makes London Stock Exchange debut with £365m IPO
UK fintech PensionBee has debuted on the London Stock Exchange (LSE) with its shares priced at 165p per share.
Perception Point eyes growth acceleration following $28m Series B
Israel-based email and collaboration security company Perception Point has raised $28m from a Series B funding round.
Payroll company Deel becomes the next FinTech unicorn
Payroll FinTech company Deel has closed its Series C round on $156m, which put its valuation at $1.2bn and makes it the latest unicorn.
Why SMEs need to worry about the threat of cyberattacks
As the world treads towards an increasingly digitised ecosystem, cyber threats are not uncommon but SMEs may not be aware of the devastating consequences of a cyberattack, according to KYND.
Mantl bags $40m Series B to expand team, product suite
New York-based digital account opening firm Mantl has secured $40m in a Series B round led by Alphabet’s independent growth fund CapitalG.
Chargebee gains unicorn status following $125m Series G
US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.
US House of Representatives approves cannabis banking bill
The US House of Representatives passed a much-awaited SAFE bill aimed at easing financial restrictions placed on the cannabis industry.
Qapita said to raise $5 in pre-Series A funding
Qapita, a digital equity management SaaS solution developer, has reportedly collected $5m in a pre-Series A funding round led by MassMutual Ventures.