Donut bites into new $2m round to make DeFi investing mainstream
Mobile app to save and earn high yield with DeFi Donut closed a $2m funding round, bringing Donut’s total funding to date to $3.8m.
DNV snaps up industrial cybersecurity firm Applied Risk
Assurance and risk management firm DNV has acquired industrial cybersecurity business Applied Risk for an undisclosed fee.
UAE-based digital bank YAP collects funding ahead of expansion into Saudi Arabia
UAE-based digital bank YAP has reportedly collected $41m in fresh funding, with plans to expand into Saudi Arabia.
BBVA picks Nok Nok Labs to bolster biometrics
Spanish bank BBVA is implementing Nok Nok Labs’ biometric technology to improve its security and user experience for its mobile banking.
Daimler acquires PayCash Europe to launch Mercedes pay
Daimler Financial Services is acquiring electronic payments provider PayCash Europe. The terms of the deal are undisclosed.
What were the biggest PayTech deals of 2021?
In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.
Regnology clinches prestigious Google Cloud award for its transformative financial reporting solution
Regnology, renowned for its cutting-edge regulatory reporting solutions, has been named the 2024 Google Cloud Industry Solution Partner of the Year in the Financial Services and Insurance sector.
Wirecard scandal costs Commerzbank €175m in bad loans
Commerzbank is the latest company to feel the shock waves of Wirecard's collapse, with the beleaguered firm having had a €200m ($237.51m) credit facility with the German lender.
Sustainable compliance RegTech startup Tookitaki bags $7.5m Series A round
Tookitaki, a RegTech startup which aims to help financial institutions develop sustainable compliance programmes, has raised $7.5m through a venture capital-backed Series A round.
InsurTech Cover Whale joins forces with Netradyne and Nexar
Cover Whale Insurance, a commercial trucking insurance provider, has partnered with Nexar and Netradyne to more precisely price policies and offer discounts to safe drivers.
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