Sector Updates

UK ‘deeptech’ specialist IQ Capital hits £92m Fund III first close

Deeptech-focused UK venture capital firm IQ Capital has hit a £92m first close for its third fund targeting the sector.
Morgan Stanley

Morgan Stanley hit with $35m fine for mass information exposure

The Securities and Exchange Commission (SEC) has revealed Morgan Stanley has agreed to pay a $35m fine for exposing the personal information of millions of customers.
Sylvera

Carbon data provider Sylvera harnesses $57m to fuel US expansion

London's carbon data-focused firm, Sylvera, has procured a significant $57m in a recent Series B funding round.

Europol to delete data not crime-related following EU watchdog demand

Europol has been ordered by the European Data Protection Supervisor (EDPS) to remove any information related to people with no link to crime.

Robinhood could be facing $10m fraud fine for failing to properly disclose revenue

Stocktrading platform Robinhood could reportedly be facing a $10m fraud fine for failing to properly disclose revenue, pending the outcomes of an ongoing Securities and Exchange Commission probe.
Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

The impending great wealth transfer is poised to redefine the financial landscape of the Middle East. Kidbrooke, which offers outcome-driven analytics and data management...

Online lending platform LoanTap said to raise $6.25m in funding

India-based online lending platform LoanTap has reportedly collected $6.25m in a funding round led by Shunwei Capital.
CBDC

Multiple central banks team with BIS on CBDC exploration

Central banks in Israel, Norway and Sweden will team with the Bank of International Settlements to explore how CBDCs can be exploited for international retail and remittance payments.
Cybersecurity leader Visium Technologies lands $2.5m credit agreement

Cybersecurity leader Visium Technologies lands $2.5m credit agreement

Visium Technologies, a leading global cyber security and analytics company, has announced the signing of a 3-year $2.5m revolving credit line agreement.

Cloud data security firm Eureka emerges from stealth with $8m seed

Israel-based cloud data security startup Eureka has arisen from stealth with $8m in seed funding and a cloud data security posture management platform.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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