AML and fraud prevention RegTech Hawk AI scores $17m in Series B
Germany-based RegTech Hawk AI, which provides AML and fraud prevention technology to banks and payments companies, has secured $17m in its Series B.
Buzzmove picks up $7.7m for property insurance
Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.
Adyen’s IPO price soars, valuing FinTech company at $14bn
Shares in Dutch FinTech company Adyen have surged more than 70 per cent at the start of trading, following its initial public offering.
SaaS-based CyberTech Skybox Security collects $50m and names new CEO
Skybox Security, a SaaS-based security posture management platform, has raised $50m in funding and named a new CEO.
Trustly to offer payment service on Alibaba e-commerce platform
Online banking payments platform Trustly has partnered with business-to-business e-commerce platform Alibaba.
NFT-powered lending and borrowing marketplace Archimedes raises seed
Archimedes, which claims to be a one-of-a-kind lending and borrowing marketplace that utilises NFTs, has raised $4.9m in its seed round.
SME financer BlueVine picks up $49m
SME financing startup BlueVine has scored $49m in a Series D round of funding from its existing investors.
Open banking platform Tink signs partnership with Portuguese bank Caixa Geral de Depósitos
Caixa Geral de Depósitos (CGD) has signed a partnership with Swedish open banking platform Tink to integrate the startup’s solutions in its new app DABOX.
Solidus Labs secures $3m to help combat digital asset market manipulation
Solidus Labs, a machine learning-powered trade surveillance platform, has secured $3m in its seed round of funding.
Navigating new SEC rules: A guide for private fund advisers
The U.S. Securities and Exchange Commission (SEC) introduced a significant regulatory update on August 24, 2023, impacting private fund advisers through the adoption of the Private Fund Adviser Rules. This regulatory shift comprises several key components aimed at enhancing transparency and safeguarding investor interests. Among these, the Adviser-led Secondaries Rule and the Annual Fund Audits Rule stand out for their direct impact on fund management practices, accompanied by the amendment to the compliance review documentation requirements.