Cybersecurity firm Arctic Wolf triples valuation to $4.3bn after Viking Global Investors-led $150m round
Minnesota-based Arctic Wolf closed a $150m Series F, just nine months after a $200m Series E, boosting its valuation to $4.3bn - more than three times what it was worth by the end of 2020.
Electronic IDentification unveils digital solution to simplify onboarding process
Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.
NatWest unveils carbon footprint feature aimed at tracking user climate impact
NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
Banking quartet team to launch carbon offset marketplace
Natwest, the Canadian Imperial Bank of Commerce, ITAU and the National Australia Bank have joined forces to create a new marketplace for firms to buy and sell carbon offsets.
Go Ventures, Sequoia India’s Surge back Vara to digitise Indonesian SME payrolls
Indonesia-based staff management platform Vara raised $4.8m in seed funding from Go Ventures, the investment arm of super app Gojek, as well as RTP Global, Alpha JWC Ventures, Sequoia Capital India’s Surge, FEBE Ventures and Taurus Ventures.
Lunar eyes accelerated digital banking roll-out following €210m Series D
Danish challenger bank Lunar has secured €210m from a Series D funding round led by Heartland.
Tide banking valued at $650m after snagging a $100m Series C round
UK business banking platform Tide has raised over $100m in Series C funding at a valuation of $650m led by Apax Digital, the growth equity team of Apax Partners.
ESMA slaps €408,000 penalty on derivatives firm due to EMIR data breaches
The European Securities and Markets Authority (ESMA) has fined DTCC Derivatives Repository for seven breaches of the European Market Infrastructure Regulation (EMIR).
Cloud security platform Netskope’s valuation more than doubles to $7.5bn after latest funding round
Secure Access Service Edge (SASE) company Netskope raised $300m in funding led by existing investor ICONIQ Growth.