Griffin secures $6.5m in funding as it works towards its banking license
Banking-as-a-service provider Griffin secures $6.5m in a funding round that was led by EQT Ventures.
Digital customer service software developer Gila closes $78m Series C
Gila, which provides financial services with digital customer services, has collected $78m in its Series C funding round.
Purpose Financial receives investment from Allianz
Purpose Financial, which claims to be building the next generation of banking technology, has secured funding from the investment division of Allianz Group.
Ramp lands $1.6bn valuation after fresh funding from Stripe, Goldman Sachs
Business card and expense management startup Ramp raised $115m at a valuation of $1.6bn, making it the latest entry in the growing list of unicorns this week.
API developer Weav said to launch from stealth after $4.3m round
Weav, an API developer for commerce platforms, has reportedly launched out of stealth alongside the close of a $4.3m funding round.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
Deutsche Bank bolsters Asia presence with Singapore ESG centre
Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.
FCA warns cryptocurrency companies are failing to meet UK AML requirements
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
Airbase snares $60m in Menlo Ventures-backed Series B raise
US spend software startup Airbase has secured $60m from a Series B funding round led by Menlo Ventures.
World Bank rebuffs El Salvador with Bitcoin currency integration
The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.
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