ERM, a pure-play sustainability consultancy, has partnered with climate accounting firm Persefoni to accelerate the path to net zero.  

Japanese FinTech company Bloomo, an asset building app based on US stocks and ETFs, has reportedly raised JPY 800m ($7m) in its seed round.

Waave, a Syndey-based FinTech that uses open banking technology, has raised $4.7m in a seed round backed by key angel investors.

Fintech Farm, which is helping to create neobanks in emerging markets, has reportedly closed its Series B funding round on $22m.

B2B BNPL and digital trade credit solution developer Hokodo has extended its Series B round with an undisclosed investment from Citi.

FiVerity, a creator of an anti-fraud collaboration platform, has raised $4m in a seed funding round headed by Mendon Venture Partners.

Certn, an online background checks and identity verification firm, has recently raised $30m in a Series B financing round.

Halcyon, a cyber resilience platform, has scored $50m in a Series A funding round headed by investor SYN Ventures.

The escalation in compliance failures associated with managing financial crime risks has accentuated the need for regulated businesses to bolster their strategies. The evolution of the risk landscape, marked by the increasing sophistication of criminal networks employing innovative money laundering techniques, raises the stakes for regulatory compliance in 2023.

KYC Portal has helped clients reduce the time to onboard customers by 55%, whilst also helping reduce the risk exposure.