Sector Updates

PlexTrac closes $10m round to further develop its cybersecurity platform

Cybersecurity software startup PlexTrac raised a $10m Series A round led by Madrona Venture Group and Noro Moseley Partners with participation from StageDotO.

Cyber risk greater threat than a financial crash, Federal Reserve chair warns

The chairman of the US Federal Reserve Jerome Powell has claimed he is more worried about cyber risk than the possibility of another financial crash.

Restaurant payment app Sunday grabs $24m in a seed funding round

FinTech firm facilitating QR code restaurant payments Sunday raised a $24m seed round.

ECB consultation finds privacy is key in future digital euro

A consultation conducted by the European Central Bank found privacy would be valued most in consideration of a potential future digital euro.

Theta Lake launches selective archiving tool for Zoom

Theta Lake has released its latest integration module for Zoom, which provides financial services companies with selective archiving for eComms.

Yoello scores a undisclosed investment from Hodge

Yoello, which helps businesses accept mobile payments, has received an undisclosed investment from Welsh Bank Hodge.

Bindable forms strategic partnership with iptiQ

Bindable, a digital property and casualty distribution platform, has formed a strategic partnership with iptiQ.

Troygold said to raise funding from Crossfin Ventures

Troygold, which digitises ownership of physical gold, has reportedly closed an investment from Crossfin Ventures.

DiviPay said to close an additional $1.7m to its Series A round

Australia-based DiviPay has reportedly collected an additional $1.7m in Series A funding, bringing the round’s total to around $4m.

Revix scores $4m investment to support launch of investing mobile app

South Africa-based cryptocurrency investment platform Revix has raised R58.5m ($4m) in its latest funding round.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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