Infrastructure & Enterprise Software

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.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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