Sector Updates

Private fundraising technology provider WealthForge is planning to take on another $2.5m in capital through a convertible note offering.

London-based blockchain intelligence startup Elliptic is partnering with risk management firm LexisNexis to bring anti-money laundering (AML) regulations to cryptocurrencies.

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

London-based remittance startup TransferWise is gaining access to the UK's Fast Payments Service (FPS), through a technical partnership with Raphaels Bank.

London-based remittance startup TransferWise is gaining access to the UK’s Fast Payments Service (FPS), through a technical partnership with Raphaels Bank.

The value of bitcoin slumped 20% following the $77m hack of Bitfinex, one of the most-popular cryptocurrency exchanges.

United Overseas Bank (UOB) has partnered with Israeli investment crowdfunding platform OurCrowd seeking a head start in FinTech.

UK-based recruitment contract finance provider Sonovate has raised a total of £20m in debt and equity.

Fledgling fintech company West African Derivatives Exchange has raised nearly ?13.5m ($17.8m) in equity since it launched in December.

InAuth, a provider of mobile fraud prevention and mobile application security, has raised more-than $29.9m in funding.