Sector Updates

UiPath raises $225m Series C, valuing it at $3bn

UiPath, a robotic process automation software developer, has raised $225m in its Series C, valuing the company at $3bn.
Kota

Kota seals €5m funding to revamp employee benefits platform

Kota, an integrated platform aiming to streamline insurance and retirement benefits for contemporary teams, has secured €5m.

European alternative financing market grows 92% to $6bn

Banks and investors be wary! The European alternative financing market continues to grow according to a new report.

UK-based ClearBank nabs ?175m investment

ClearBank, a next-generation clearing and embedded banking platform in the UK, has secured a ?175m equity investment.
Fitch

Fitch suggests climate vulnerability scores to incorporate credit ratings

Fitch Ratings has revealed plans to use its climate vulnerability scores to boost the process for identifying climate related risks for its corporate credit ratings.

The FinCEN Files showcases how outdated some countries’ financial crime rankings are

Following the release of the FinCEN Files in September, RegTech Sigma Reporting shows how old risk ratings on financial crime are often static and out of date.

African DPO Group saw a 35% jump in Black Friday online payments

FinTech in Africa is on the rise. The latest sign is DPO Group noticing a 35% spike in digital transactions during Black Friday in South Africa.

Santander’s digital bank OpenBank launches robo-advisor tool

Santander Group's digital bank OpenBank has launched its new robo-advisor tool to support consumers with micro-investments.
Nayax seals the deal: Acquires Retail Pro International to boost global reach

Nayax seals the deal: Acquires Retail Pro International to boost global reach

Nayax, a renowned global commerce enablement platform that offers payment and loyalty solutions, is set to acquire Retail Pro International, a leading name in...
fintech insurtech wealthtech regtech ai cybertech esg news

Tipalti lands $14m for mass B2B payments

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.

News Stories

Mercury personal revolutionises consumer banking for tech savvy entrepreneurs

Mercury personal revolutionises consumer banking for tech savvy entrepreneurs

Mercury, a leading FinTech company used by over 100,000 startups for business banking, has now ventured into consumer banking with its new offering, Mercury Personal.
Mercury Personal Revolutionises Consumer Banking for Tech Savvy Entrepreneurs

UAE’s F&B sector set to transform as DocsInBox raises $500k for e-invoicing tech

DocsInBox, an international e-invoicing and procurement company, has made a strategic entry into the UAE’s F&B sector with a recent capital injection of $500k...
SilverSky secures funding to bolster its global Managed xDR strategy

SilverSky secures funding to bolster its global Managed xDR strategy

SilverSky, a pioneering cybersecurity firm offering managed extended detection and response (MxDR) services, recently announced the completion of a funding round with its current investment partners.
clearstream-invests-in-digital-vault-services-enhancing-digital-infrastructure-for-bank-guarantees

Clearstream invests in Digital Vault Services, enhancing digital infrastructure for bank guarantees

Digital Vault Services (DVS), a trailblazing FinTech known for its issuance and safekeeping services for digital bank guarantees and sureties, has announced an upcoming investment from Clearstream, a key component of Deutsche Börse's post-trade business.
Anvilogic raises $45m to expand generative AI capabilities across SOC lifecycle

Anvilogic raises $45m to expand generative AI capabilities across SOC lifecycle

Anvilogic, a Palo Alto-based pioneer in multi-data platform SIEM, announced today the successful closure of a $45m Series C funding round.

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