Sector Updates

Previsico joins Lloyds’ Launch Innovation Lab to build insurance tools

Previsico, which offers live flood forecasting for insurance, has joined Lloyds Banking Group’s Launch Innovation Lab, to collaborate on a new service for the bank’s home insurance customers.

Isovalent scores $29m in funding to support its launch

Isovalent, a cloud-native networking company, has launched its services to help enterprises connect, observe and secure modern applications with its Cilium product.

Hack attacks spiked by 260% in the first nine months of 2020

There has been a 260% jump in cyberattacks using encrypted channels to bypass legacy security controls in the first three quarters of the year, according to new research from Zscaler.

Kuda Bank said to close $10m seed round as it looks to boost financial...

Kuda Bank, an African challenger bank, has reportedly raised $10m in its seed round.

Italian neobank illimity announces €13.2m in profits in third quarter

Italian challenger bank illimity has reported a 31% jump in profits in the third quarter compared to the second one this year.

Why Onfido’s CEO and co-founder is stepping down

Global identity verification and authentication provider Onfido has announced a major shift in its leadership as CEO and co-founder Husayn Kassai is stepping down from his role.

Tink names new chairman as Sweden enjoys wave of FinTech success stories

Open banking company Tink has announced Klaus Holse as its new chairman of the board just as Sweden enjoys a surge of FinTech success...

Tailscale secures $12m in its Series A round

Tailscale, a corporate VPN that helps remote teams securely access services they need, has scored $12m in its Series A funding round, which was led by Accel.

Monetary Authority of Singapore seeks advice on proposed changes to identity verification

The Monetary Authority of Singapore (MAS) is seeking comments on the types of information required for non-face-to-face verification of an individual’s identity.

Deloitte study claims just 34% of banks have implemented digital account opening

A new study from Deloitte claims that 34% of banks have implemented digital account opening as a result of the coronavirus pandemic.

News Stories

Quantifind's new features target market manipulation and more in 2024

Quantifind’s new features target market manipulation and more in 2024

RegTech company Quantifind, prides itself on its commitment to delivering high quality risk intelligence solutions. As part of this, the company recently introduced new product features and functionalities at the start of this year, marking a significant advancement in its capabilities. 
How has Consumer Duty impacted wealth management so far?

How has Consumer Duty impacted wealth management so far?

Consumer Duty has now been live in the UK for several months. Wealth management firms spent many resources preparing themselves to be ready for...
Birdwingo secures €1.2m to revolutionise teen financial education in Europe

Birdwingo secures €1.2m to revolutionise teen financial education in Europe

Birdwingo, a Prague-based FinTech company, has successfully closed a €1.2m funding round.
Aikido clinches $17m Series A to revolutionise developer-focused security

Aikido clinches $17m Series A to revolutionise developer-focused security

Aikido, a disruptive force in developer security, has successfully closed a $17m Series A funding round.
Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

StepSecurity, a cybersecurity firm specialising in CI/CD pipeline and infrastructure protection, has successfully closed a $3m seed funding round.

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