Data & Analytics

Bogota, Colombia-based startup Portal Finance has secured an undisclosed equity investment from Magma Partners.

Dark web intelligence company Terbium Labs has closed a $6m equity round led by Glasswing Ventures.

Private equity major KKR has given OneStream Software a valuation of more than $1bn by investing in the company through its buyout and growth funds.

Samya.AI, which helps companies improve revenue growth, has collected $6m in its seed round led by Sequoia India.

Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.

Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.

Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.

The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.

A huge challenge for companies and consumers alike during the pandemic was the inability for business matters to be conducted in-person. As countries globally entered lockdowns, the possibility for wet signatures – a signature commonly done with pen and paper – become almost impossible.