BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round
Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.
FinTech VC Element snares $130m for B2B fund
UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.
Advanced Fraud Solutions releases new account validation tool
Deposit fraud detection software developer Advanced Fraud Solutions has released a new account validation tool for financial institutions.
Celo teams up with FinClusive to implement KYC/AML tools to its digital wallet
Open source blockchain ecosystem Celo has teamed up with FinClusive, which provides accounts and payment solutions with embedded AML tools.
Ernst & Young and its partners fined $10m in SEC probe of bid violations
Ernst & Young LLP to pay $10m to settle a regulatory investigation into allegations that it improperly obtained confidential information in pursuit of a contract to audit a public company’s books.
US cyber director Inglis calls for cyber statistics bureau creation
US national cyber director Chris Inglis has endorsed a plan for the creation of a bureau of cyber statistics which will collect and analyse threat data.
PAYFAZZ and Xfers team up to launch new company aimed at increasing financial inclusion...
Indonesia-based FinTech PAYFAZZ has invested $30m into Singapore-based Xfers to create Fazz Financial Group.
Finite State fetches $30m to secure connected devices in the global supply chain industry
Columbus OH-based connected device security company Finite State raised $30m in Series B funding led by Energize Ventures and with participation from Schneider Electric Ventures and Merlin Ventures.
Robinhood breaks record for worst first day of trading for an IPO of its...
Investing app Robinhood has reportedly broken the record for the worst first day of trading for a company to raise so much capital in its IPO.
Cybersecurity startup Nozomi Networks nets $100m in pre-IPO funding to protect critical infrastructure
Nozomi Networks, a San Francisco-based industrial cybersecurity startup, raised $100m in pre-initial public listing (IPO) funding.
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