Ransomware DarkSide made $90m in ransom payments, blockchain firm finds

Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.

HKMA launches strategy for bolstering Hong Kong FinTech market

The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.

Mastercard, Bilt team to unveil new credit card to support renters

Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.

Electronic IDentification unveils digital solution to simplify onboarding process

Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.

Machine learning startup Taktile snares $4.7m in seed financing

German firm Taktile has reeled in $4.7m from a seed funding round led by Index Ventures.

PayTech Anomaly nets $17m across seed and Series A rounds

Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.

InnoTree picks up $15m for Chinese investment data service

Investment data and research startup InnoTree has raised $15m in a Series B round led by Guangdong Poly Asset Management.

Spark Change said to close £3.5m in its funding round

Spark Change, which helps institutional and individual investors access carbon instruments, has reportedly bagged £3.5m in its latest funding round.

Nude introduces new feature to support deposit-building for homebuyers

Financial advice firm Nude has unveiled a new feature aimed at providing people with the tools to collaborate on building a deposit for purchasing a home.

Monese unveils new BaaS platform, enters partnership with Investec

Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.

News Stories

investment

Strong investment continues for FinTechs as 2022 winds to a close

This week in FinTech proved to be a strong week for credit and financial technology-focused companies, with 36 investments being recorded.  
Koble collects $1.2m to enhance its AI that improves investment decisions

AI-powered Koble collects $1.2m to enhance investment decisions

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.
Finclusion-Group-rebrands-to-bolster-financial-inclusion-in-Africa

Finclusion Group rebrands to bolster financial inclusion in Africa

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.
Saporo

CyberTech Saporo locks in €4m seed funding

Swiss cybersecurity firm Saporo has landed €4m in a seed funding round headed by XAnge.
Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber, which is focused on helping SMEs with their cybersecurity risks, has reportedly collected €100,000 in funding.

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