Britive, a cloud identity security platform, has secured $20.5m in a Series B funding round headed by Pelion Venture Partners.

All eyes are on the banking sector after Silicon Valley Bank (SVB), Signature Bank, First Republic Bank (FRC) and now Credit Suisse collapsed. There is a possibility that some large neobanks listed could be in the firing lines. Monzo’s auditors EY gave a ‘material uncertainty” warning and labelled the bank’s ability to operate as a ‘going concern’ in July...

Key Turkish FinTech investment stats in 2022: • Turkish FinTech deal activity in 2022 reached 42 deals in total, a 12.5% decrease from 2021 levels • Turkish FinTech companies raised a combined $46m in 2022, down 12% from the previous year • Average FinTech deal size in Turkey decreased 24% to $1.69m in 2022 Turkey’s FinTech sector saw decline in both investment and...

InvestEngine, an Exchange-Traded Fund (ETF) investment platform, has launched a second crowdfunding campaign to capitalise on a strong year of growth.

J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.

This week saw 25 deals take place across the FinTech sector. Two high-value raises of $270m and $250m lead the charge this week, accounting for over half of the amount raised by the top 10 deals all together. 

 SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.

Regulatory compliance tech vendor eflow Global is working with Portfolio Bi, a developer of investment management software and services, to help managers meet regulator and investor requirements.

Kredivo, a buy now pay later service for consumers in Indonesia and Vietnam, has reportedly raised $270m in an oversubscribed Series D funding round.

NorthEdge, a lower-market private equity firm, has made a primary MBO (management buyout) in human capital management provider Cezanne HR.