Sector Updates

American Express, Tink enter European banking partnership

American Express has teamed with Swedish open banking business Tink to bolster the latter’s onboarding process for new card members.

Flyhomes pulls in $141m in funding to support Trade Up product launch

Flyhomes, an online platform aimed at reinventing the home buying process, has collected $141m in financing.

Kik Interactive fined $5m for unlawful tokens sale

Chat app developer Kik Interactive has entered into a settlement with the Securities and Exchange Commission for the unlawful sale tokens in 2017 and has agreed to pay $5m in fines.

Viva Wallet receives Tencent backing as it bags $80m financing

Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.
Arctic Intelligence introduces free trial for AML Accelerate platform

Arctic Intelligence introduces free trial for AML Accelerate platform

Arctic Intelligence, a leader in RegTech solutions, has recently unveiled a 14-day obligation-free trial of its acclaimed AML Accelerate platform.
SaaS-based CyberTech Skybox Security collects $50m and names new CEO

SaaS-based CyberTech Skybox Security collects $50m and names new CEO

Skybox Security, a SaaS-based security posture management platform, has raised $50m in funding and named a new CEO.

Group of central banks investigating whether the time is right to launch digital currencies...

With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.

The instant payments market is expected to hit $18trn by 2025

The instant payments market is expected to grow by 500% to reach $18trn by 2025 and will account for 17% of all B2B and consumer digital money transfers and payments.

Canadian VC firm closes third investment fund, raises $101m

FinTech-focused VC company Information Venture Partners has closed its third investment fund and has raised a total of $101m.
fintech insurtech wealthtech regtech ai cybertech esg news

Quilt raises $3.25m in Seed funding for self-service insurance

Boston-based InsurTech startup Quilt collected $3.25m in a NextView Ventures-led Seed round.

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

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