Sector Updates

Nigerian startup Bamboo secures Series A

Nigerian startup Bamboo, which provides an investment platform, has raised $15m in Series A funding led by Greycroft and Tiger Global.

Otonomo and Audi team up for data-driven insurance

Otonomo Technologies, which provides a mobility intelligence platform, has partnered with Audi to provide data-driven auto insurance services.

Why ironclad security is vital for any financial super app

In an age where the proliferation of financial mobile applications in increasing on a huge scale, the rise of financial ‘super apps’ may seem the logical conclusion of such a rise.

Insurer Stubben Edge reels in £10m funding

UK-based InsurTech firm Stubben Edge has raised £10m from an investment round that including firms such as Lloyd’s Names and a range of institutional investors.

Circula rides expense management wave with ?12m Series A

German corporate expense management platform Circula has raised ?12m from a Series A funding round as the expenses management market continues to heat up.

2021 a record year for cryptocurrency apps with 560% year-on-year growth

Research by app analytics and marketing platform App Radar has found 2021 was a red-letter year for cryptocurrency app downloads, with 82.9m made on Google Play alone.

CyberTech firm AaDya Security raises $3.1m

Detroit-based software security platform AaDya Security has raised $3.1m in funding to expand its team.

ESMA issues consultation on MIFID II suitability guidelines

The European Securities and Markets Authority (ESMA) has issued a consultation on aspects of suitability requirements under the Markets in Financial Instruments Directive (MiFID II).

Global digital identity revenue to exceed $53bn by 2026

Revenue for digital identity marketplace vendors is expected to exceed $53bn by 2026, doubling from the $26bn value in 2021, research from Juniper Research claims.

HackerOne snares $49m in Series E financing raise

Hacker-directed bug bounty platform HackerOne secured $49m from a Series E funding round headed by GP Bullhound.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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