Sector Updates

Private equity giant Warburg Pincus backs Series E of cybersecurity company Aura

Digital security platform Aura has closed its Series E round on $150m, which was led by private equity giant Warburg Pincus.

Hokodo bags $12.5m as it gears up for European expansion

Hokodo, which enables B2B merchants offer customers payment terms in real-time, has closed its Series A on $12.5m.

EBA finalises EEA bank supervisory reporting cost study

The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.

Sidekick Partners and Scribd founder back LemonEdge in $2.5m round

London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.

Zeidler Group names its new CFO and product owner

Zeidler Group, a technology-driven law firm, has named former Goldman Sachs managing director Thilo Zeidler as its new CFO and product owner of various...

El Salvador becomes first country to make Bitcoin a legal currency

The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.

Clausematch, Department for International Trade underline RegTech role in ESG

Regulatory technology firm Clausematch and the UK Department for International Trade (DIT) have compiled an article on the role of environmental, social and governance (ESG) in RegTech.

Pennylane picks up $18m from Sequoia for its financial management and accounting platform

Paris-based financial and account management solutions provider Pennylane raised €15m ($18m) in new funding from Sequoia Capital.

UpGuard bags $19m in its Series B-1 round

Third-party risk and attack surface management platform UpGuard has completed its Series B-1 funding round, pulling in $19m.

Assure Hedge said to raise €5m at a valuation of €30m

Assure Hedge, which helps to automate currency hedging, has reportedly collected €5m in fresh funding round.

News Stories

Kaspi.kz, Alipay+ partner for seamless China payments

Kaspi.kz, Alipay+ partner for seamless China payments

 Kazakhstan's pioneering financial technology firm, Joint Stock Company Kaspi.kz, has joined hands with the renowned e-wallet giant Alipay+ to redefine the landscape of cashless transactions in China.
PNC & TCW forge new path in private credit solutions

PNC & TCW forge new path in private credit solutions

The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture, a global professional services company, has partnered with Oracle, a leading enterprise AI and data management provider.
Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo, the leading provider of employer-based pet wellness plans, and Rover, the world’s largest online marketplace for loving pet care, have announced a strategic partnership.
GradGuard expands coverage: New tuition protection program includes loss of employment

GradGuard expands coverage: New tuition protection program includes loss of employment

In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.

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