Sector Updates

Finiata said to raise €7m in its funding round

Finiata, which helps businesses with their cashflow problems, has reportedly received €7m in its funding round.

Stock ownership app Bumped raises $14.4m in its Series A

Bumped, which aims to transform everyday spending of consumers into stock ownership, has netted $14.4m in its Series A.

French cybersecurity company TEHTRIS scores €20m in funding

France-based cybersecurity solution developer TEHTRIS has raised €20m in its new funding round.

Truebill closes its Series C round after passing a significant milestone

Truebill, which simplifies the tracking and management of subscriptions and bills, has closed its Series C on $17m, after passing the milestone of saving customers a total of $100m.

Menlo Security reaches $800m valuation after close of its Series E

Cloud security platform Menlo Security has closed its Series E round on $100m, bringing its enterprise valuation up to $800m.

Banking API developer Railsbank rakes in $37m investment

Railsbank, a banking-as-a-service provider, has scored $37m in its funding round to support the growth of its product suite.

FCA starts proceedings against individuals behind an alleged “unrealistic” care home investment scheme

The Financial Conduct Authority (FCA) has commenced legal proceedings against the men behind an alleged "unrealistic" and "unauthorised" care home investment scheme.

Bango teams up with Microsoft to support subscription payments for Xbox

Data-driven commerce platform Bango has extended its partnership with Microsoft to support Xbox subscriptions and console sales in time for the holiday period.

Currencycloud invests £1.5m into its long-term remote working strategy

Currencycloud, an embedded cross-border solutions platform for financial services, is investing £1.5m into its new remote-first working strategy.

Ghana has introduced a new cybersecurity law

Ghana's parliament has introduced its new Cybersecurity Act 2020 to protect children and companies from abuse and digital threats.

News Stories

Bluesnap settles $10M FTC lawsuit over fraudulent payment processing

A recent FTC settlement has thrust payment processing company BlueSnap into the spotlight, as it agreed to pay $10m to settle a lawsuit over its alleged involvement in processing payments for "deceptive and fraudulent" companies.
European

European financial system risks remain elevated amidst market optimism

The Spring 2024 Joint Committee update by the three European Supervisory Authorities (EBA, EIOPA, and ESMA) on risks and vulnerabilities in the EU financial system underscores ongoing challenges amidst a backdrop of changing economic dynamics and geopolitical uncertainties.
Intelligent Process Automation (IPA) has emerged as a game-changer in the business landscape, promising streamlined operations, cost savings, and enhanced customer experiences. However, the journey towards reaping these benefits is fraught with challenges that can derail projects and impede progress, as Simplifai explains.

How to master IPA implementation

Intelligent Process Automation (IPA) has emerged as a game-changer in the business landscape, promising streamlined operations, cost savings, and enhanced customer experiences. However, the journey towards reaping these benefits is fraught with challenges that can derail projects and impede progress, as Simplifai explains.
Whitespace, an e-trading platform fully digitised and under the umbrella of Verisk, is excited to introduce Digital Follow as its inaugural workflow automation solution.

Verisk’s Whitespace platform introduces workflow automation functionality with Digital Follow

Whitespace, an e-trading platform fully digitised and under the umbrella of Verisk, is excited to introduce Digital Follow as its inaugural workflow automation solution.
Tide has unveiled its plan to introduce business accounts in Germany, marking the initiation of the company's expansion into Europe.

Tide to enter German market through Adyen partnership

Tide has unveiled its plan to introduce business accounts in Germany, marking the initiation of the company's expansion into Europe.

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