iCapital Network hits $6bn valuation hot off heels of former round
iCapital Network, which is boosting access and efficiency in alternative investing industries, has scored $50m in fresh funding, which brings its valuation to $6bn.
Mitiga snaps up further Series A funding
Cloud incident response company Mitiga has received a Series A funding round.
Paydrive adds driving intelligence offering through new partnership
Swedish insurance firm Paydrive has teamed with Cambridge Mobile Telematics to upgrade its pricing engine with the addition of driving intelligence.
Credix snares $2.5m seed to create DeFi credit marketplace
Credix has scored $2.5m from a seed funding round led by DRW Cumberland and ParaFi Capital.
Scammers are stealing $80m per month through fake giveaways and surveys
A report by Group-IB has found threat actors are making $80m a month by impersonating known brands asking people to participate in phoney surveys and giveaways.
Australia’s CFR backs cryptoasset regulation framework
Australia’s Council of Financial Regulators (CFR) has revealed its support for a government plan to create a new regulatory framework for cryptoassets.
Tink completes FinTecSystems acquisition
Swedish open banking company Tink has completed its acquisition of German firm FinTecSystems following regulatory approval.
Metro Bank fined £5.4m for regulatory reporting failings
The Prudential Regulation Authority (PRA) has slapped Metro Bank with a fine of £5,376,000 for deficiencies related to the governance and controls of its regulatory reporting.
The ongoing rise of RegTech
A recent blogpost by PassFort has summarised what is driving the increased adoption of RegTech solutions and what trends the industry may see in 2022.
Belgian government suffers second damaging cyberattack of 2021
The Belgian defence ministry has been hit by a cyberattack after threat actors exploited the Log4Shell vulnerability.