Infrastructure & Enterprise Software

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.

France-based cryptography lifecycle management platform Cryptosense raised $4.8m in funding.

US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.

Canadian FinTech company Nuula has introduced its beta mobile app with a mission to ‘help small businesses succeed’.

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.