RBI unveils new guidelines on digital lending
The Reserve Bank of India (RBI) has revealed its new guidelines on the digital lending process in a move to protect borrowers.
DeFi platform Credix lands $11.25m to aid expansion
Credix, a decentralised credit marketplace, has secured $11.25m in a Series A funding round headed by Motive Partners and ParaFi Capital.
Lemon.markets largest FinTech seed deal Germany 2022
• lemon.markets was the largest FinTech seed deal in Germany raising $16m in their seed round, led by Lakestar and Lightspeed Venture Partners, with...
Finix scores $30m in funding
Finix, a PayTech firm for software platforms, has raised $30m in a funding round that has brought the total capital raised by company to $133m.
ZeroFox begins Nasdaq trading following SPAC deal
ZeroFox, a social media threat protection firm, has begun trading on the Nasdaq Stock Market following a SPAC deal that combines ZeroFox will incident responses firm IDX.
Aveni to help financial firms meet new consumer duty regulation with new platform
UK RegTech firm Aveni.ai has promised to help financial services companies meet new consumer duty regulation with the development of its Aveni Detect product.
Canadian FinTech investment still on track to surpass 2021 levels despite lacking second quarter
• Canadian FinTech companies raised $0.21bn in the second quarter of 2022, an 89% reduction from Q1 2022, however, large deals that bolstered Q1...
TomoCredit bags $22m in Mastercard-backed Series B
TomoCredit, a US startup creating a credit card to help first-time borrowers build credit history, has secured $22m from a Series B financing raise.
What is the value of outsourcing regulatory reporting?
When it comes to key areas of the business, the regulatory reporting side may be one of if not the most key for long term operational sustainability.
Access management solution Opal snaps up $10m
Opal, which claims to democratise access management, has scored $10m in its Series A round, which was led by Greylock Partners.