The 26 FinTech deals of last week show the unicorns are on the rise
FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.
Jumio, Microsoft enter alliance to support decentralised digital identity service
Identity verification firm Jumio has collaborated with Microsoft to integrate the latter’s Azure Active Directory (AD) verifiable credentials to Jumio’s platform.
What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
Jumio raises $150m to grow its digital ID verification service
Digital ID provider Jumio secured $150m from private equity firm Great Hill Partners.
Plaid’s accelerator FinRise reveals first five FinTech startups in its programme
FinTech firm Plaid unveiled the first cohort of startups in its new accelerator program, FinRise.
Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week
Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.
Encompass Corporation receives funding from private equity firm Beacon
KYC automation Encompass Corporation has received an investment from Boston-based private equity firm Beacon Equity Partners.
FiVerity bags $2m to help it bolster its synthetic identity fraud detection capabilities
FiVerity, which offers cyber fraud detection and threat intelligence services, has closed a $2m funding round to help it expand its platform.
ID verification firm Socure enters unicorn club after $100m fundraise
Socure, the startup that helps companies verify users’ identities, is valued at $1.3bn after a massive $100m funding round.
Authentication platform LoginID scores $6m in its seed round
Authentication provider LoginID has closed its seed round on $6m as it looks to accelerate the adoption of passwordless services.
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