Infrastructure & Enterprise Software

Cybersecurity software startup PlexTrac raised a $10m Series A round led by Madrona Venture Group and Noro Moseley Partners with participation from StageDotO.

A consultation conducted by the European Central Bank found privacy would be valued most in consideration of a potential future digital euro.

Small business financial services platform Hatch launched its Business Checking product to solve the woes of small businesses in the US.

Automated growth program for financial advisors, Snappy Kraken closed a $6m Series A financing.

Wage, an infrastructure solution that helps people securely share payroll data with third-parties, has closed a $5m funding round.

Nigeria-based software provider Appzone, which builds proprietary solutions for the continent’s banking and payments industries, closed a $10m Series A round.

Cybersecurity training startup Hack The Box raked in $10.6m in a Series A round led by Paladin Capital Group.

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

Real-time financial and operational data collaboration tool Abacum netted in $7m through a seed round funding led by Creandum alongside existing investors Y combinator and PROFounders.

French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.