Sector Updates

Accellion ends data breach lawsuit with $8.1m FTA settlement

Content firewall provider Accellion has come to a settlement of $8.1m to bring to an end a lawsuit over a data breach that involved FTA, its legacy file sharing service.

Permiso Security nails down $10m seed to scale team and footprint

Cloud identity detection and response firm Permiso.io has secured $10m from a seed funding round led by Point72 Ventures.

The missing link to data management

It is critical for organisations to foster a data-centric culture that drives business value. The key to this, Quantexa argues, is a contextual approach to master data management (MDM).

Synchrony and Pawlicy partner for accessible pet insurance

Synchrony, premier consumer financial services company, and pet insurance marketplace Pawlicy Advisor are joining forces to help consumers better plan for expenses regarding their pet.

Finclusion lands funding to fuel African neobank offering

Finclusion Group, a FinTech that aims to boost financial inclusion in sub-saharan Africa, has raised $20m amid a period of growth in startups in the region.

Novidea taps into surging demand for cloud solutions

Novidea, a cloud-based solutions provider for the insurance industry, has experienced over 100% year-on-year growth and doubled its operations in 2021 due to increased global demand from brokers, agents and MGAs.

Zeidler makes organisational revamp with new appointments

Zeidler Group has updated its leadership and organisational infrastructure to help further connect the company’s wide-ranging capabilities to advance future growth.

Cryptobank Coinhouse bags €15m Series B

Coinhouse has closed a $15m Series B round as the company becomes Europe’s first ever cryptobank.

FBI unveils plan to shift cybercrime approach away from arrest-first

The FBI has revealed it is intending to move away from its indictment and arrest-first model to a cost-imposing and incident response model.

Payment Systems Regulator fines five companies in prepaid card cartel

The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.

News Stories

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.
Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
SumUp secures record €1.5bn in one of Europe's largest private credit deals

SumUp secures record €1.5bn in one of Europe’s largest private credit deals

SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.
Island's enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island’s enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island, the Dallas-based pioneer in enterprise browsers, today announced a significant boost to its financial standing and market position.

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