Sector Updates

Australian business banking alternative Zeller has secured A$50m from a recent funding round to supercharge the development of its integrated business banking platform.

Securitize has closed its oversubscribed Series B on $48m, as it looks to release its marketplace for digital asset security trading.

AI-powered insurance pricing software developer Akur8 has established a partnership with wefox Insurance to bolster its presence in Germany.

DataRails, which provides SMEs with financial reporting support, has bagged $25m in its Series A extension, doubling the company valuation. The RegTech company previously raised...

Challenger bank Bunq has reportedly closed a €160m funding round, which puts its valuation at €1.65bn.

Automated cybersecurity platform CyberSmart has scored $10m in its oversubscribed Series A funding round, which will help its global expansion efforts.

Viva Republica, the Seoul-based FinTech company operating mobile financial app Toss raised $410m in fresh funding, which values the company at $7.4bn.

RegTech company Palturai has closed a €4m Series A funding round as the company continues its growth efforts of the past year, which included new offices in Austria and the US.

Spanish insurance distribution business Insurama has secured $6m from a recent seed funding round.

With a mission to get rid of passwords, Transmit Security raised a massive $543m in Series A funding at $2.2bn pre-money valuation, touting it as the largest Series A investment in cybersecurity history and one of the highest valuations for a bootstrapped company.