Infrastructure & Enterprise Software

Virgin Money teams up with Expend to bolster business banking

Virgin Money has established a partnership with Expend enabling it to add expense management services to its business banking proposition.

Human capital platform Justworks goes public

Justworks, a cloud-based software platform that gives small and medium-sized businesses access to benefits, payroll, human resources, and compliance support, has launched its initial...

Nationwide hit with another payment outage

Nationwide Building Society has temporarily suspended inbound payments due to extremely high volumes of transactions on the first working day of the year, as revealed on Downdetector.

Chinese tech giant Tencent joins Monzo backers

Chinese tech company Tencent has taken a small stake in online bank Monzo, as part of a $100m top-up following its recent $500m funding round led by Abu Dhabi Growth Fund, a report from Sky News has revealed.

Meet Payhawk, Bulgaria’s first unicorn

Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.

Berlin-based re:cap closes one of Europe’s largest seed rounds

Berlin-based re:cap has closed on of the largest seed rounds of a European FinTech company, collecting $111.5m.

iCapital Network hits $6bn valuation hot off heels of former round

iCapital Network, which is boosting access and efficiency in alternative investing industries, has scored $50m in fresh funding, which brings its valuation to $6bn.

Tink completes FinTecSystems acquisition

Swedish open banking company Tink has completed its acquisition of German firm FinTecSystems following regulatory approval.

Taptap Send lands $65m to advance fight against global financial inequality

Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.

Rocket Companies to acquire Truebill for financial empowerment

Rocket Companies, a Detroit-based platform providing tech-driven real estate, mortgage and financial services businesses, has entered into an agreement to acquire personal finance app Truebill.

News Stories

deep

The rise of deep fakes: Understanding the technology and its implications

Deep fakes, or artificially generated media, represent a growing concern due to their increasing sophistication.
Meta

Meta hit with $102m EU fine over password security breach

Meta has been fined $102m by the Irish DPC for not encrypting user passwords, marking another penalty for the company.
AML

Key strategies to maximize efficiency in AML case management

In today's rapidly evolving FinTech landscape, the capacity to effectively manage a growing volume of financial transactions is paramount, particularly with the rise in digital transactions.
FTSE

FTSE Russell unveils new climate-focused fixed income indices

FTSE Russell has unveiled two indices designed to assist investors in fulfilling their climate commitments and enhancing sustainability.
Visa

Visa expands AI fraud detection capabilities with Featurespace acquisition

Visa has entered into a definitive agreement to acquire Featurespace, a developer of real-time AI payments protection technology.

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