RegTech

Audit Sight, which develops auditing technology for financial services, has collected $2.5m in its seed round.

India-based Clear, a provider of tax and financial services software, has scored $75m in its Series C funding round.

The US Deputy Attorney General has called on companies in the private sector to help the government tackle the rising wave of cybercrime.

The Treasury has unveiled a consultation on the policy options for the buy now, pay later (BNPL) sector as potentially firmer regulation on the market comes into sight.

PensionBee, a digital pension provider, has implemented the software of Clausematch, a RegTech100 company, to manage its internal policies and controls.

India-based IDfy, which provides ID verification and onboarding solutions, has raised INR 86 crore ($11.4m) in its Series D funding round.

As the regulatory landscape continues to grow in complexity, firms are consistently having to upscale their compliance teams to cope.

FTAPI Software, which builds software for secure data transfer and workflow automation, has raised €15m in fresh funding.

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.

Clausematch, which builds tools to automate policy management and compliance, is now used by 90,000 Barclays Bank employees around the world.