Sector Updates

Arctic Intelligence, a provider of cloud-based audit, risk and compliance platforms, has raised $2.8m in fresh funding.

TD Bank Group, known for its comprehensive range of banking, investment, and wealth management services, and Plaid, a leader in developing technology platforms for connecting digital financial applications, have announced a significant partnership. This collaboration marks a vital step in advancing financial data sharing technologies.

Worldline, a global leader in payment services, and Volksbank, a prominent financial institution based in Italy, have recently embarked on a strategic partnership.

Digital asset banking startup Greengage has secured a £2.5m investment from Gilbraltar-based portfolio business IOVlabs.

UK challenger bank Revolut has inked a partnership with InsurTech Qover to launch of Revolut's fully upgraded plans together.

Polymer, a cloud-native no-code data loss prevention solution for third-party SaaS platforms, has secured $4m in its seed funding round.

Persona has announced a partnership with LinkedIn, the world's largest professional network, to offer its members in Brazil and Australia free identity verification services.

Balbix, a San Jose, California-based company using AI to prevent high-profile cybersecurity disasters, has raised $20m.

Middesk, a software company dedicated to automated business verification and underwriting decisions, has raised $57m in Series B funding.

Cyber insurance MGA Bewica has released a set of tools to help brokers and intermediaries looking to move into the SME cyber insurance space.