Sector Updates

NYC-based data collaboration platform provider InfoSum raised $65m in Series B funding to help companies match customer data in a privacy-compliant way.

US blockchain security firm CertiK has raked in $24m from a Series B+ funding round led by Tiger Global and GL Ventures.

Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.

M-DAQ, a Singapore-based currency tracer, has received a SGD 200m ($147m) investment from Asia-dedicated private equity firm Affinity Equity Partners.

A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.

Canada-based mobile-first travel marketplace Hopper completed a $175m Series G financing.

India-based Klub, a financing platform aimed at brands with high customer engagement, has reportedly netted $20m in a seed funding comprised of a mix of equity and debt.

A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.

Buy-now-pay-later boom contributes to growth as companies in the area raise four out of the ten largest deals in H1

Cloud-based accounts receivable automation platform Biller Genie has raised $3.5m in its seed round.