South African API FinTech startup Stitch raises a $4m seed round
FinTech firm, Stitch secured a seed round of $4m, making it the largest round raised by any API startup in Africa at the moment.
Former Paytm Money CEO launches new FinTech venture, Raise Financial
Former Paytm Money managing director and CEO Pravin Jadhav's new FinTech startup Raise Financial has secured seed funding in a round led by Mirae Asset.
Backbase teams up with Zafin
Banking platform provider Backbase has inked a deal to incorporate Zafin’s relationship-based product and pricing capabilities into its Engagement Banking platform.
Tarabut Gateway claims to have raised the largest seed round in the MENA
Open banking platform Tarabut Gateway has bagged $13m in its seed round, which was led by Target Global.
Cybersecurity market expected to be worth $199.98bn by 2025
The global cybersecurity market is estimated to reach a value of $199.98bn by 2025, according to new research.
Challenger bank Penta closes Series B round with €7.5m totalling funding amount to €30m
German challenger bank Penta has topped up its Series B adding an additional €7.5m injection, therefore bringing its total amount raised to €30m.
FinMkt partners with Persistent to provide banks with digital lending solutions
Point of sale (POS) financing SaaS provider FinMkt has teamed up with global solutions company Persistent.
Accounting firm Ageras secures $73m to ease financial needs for businesses
Investcorp-backed global asset manager company Ageras has raised $73m in new funding round from Lugard Road Capital.
Atos has completed its acquisition of Motiv ICT Security
Managed security service provider Atos has completed its acquisition of Dutch cybersecurity company Motiv ICT Security.
SolarWinds hackers breached NASA and Federal Aviation Administration networks
NASA and the Federal Aviation Administration have been named in reports as the previously undisclosed governmental agencies breached in the massive SolarWinds attack.