P2P insurance platform Insurepal has closed its ICO on its $18m hard cap, within just two days.

Contego, a UK-based RegTech and compliance specialist, has been picked by The Open Banking Implementation Entity to run ID checks and verify users. The company will support Open Banking identity-proofing and verification processes. Its platform provides a flexible, customised solution, with fully automated identity verification delivered in real-time, using a single API for high-speed onboarding. Contego streamlined process, in...

Global venture firm Partech has launched a new fund targeting investments in Africa.

Crypto wallet security solution Ledger bagged $75m in a Series B round led by Draper Esprit.

Tax compliance solution LumaTax has closed a $3m financing round led by Cowboy Ventures.

Raiffeisen Bank International has selected BearingPoint’s software solution to meet the MiFID II/MIFIR, EMIR II, MMSR and SFTR reporting requirements.

Online loan marketplace Lendix has received ?200m in a debt financing round to help support over 600 SMEs.

TerraProtein Equity Partners has partnered with Satuit Technologies, a provider of Cloud-Based and On-Premise CRM, reporting and portal software solutions.

AnaCap-backed heidelpay Investments has acquired Austrian online payment solution company Mpay24.

Gecko Governance, the developer of the world first Blockchain solution for financial services regulatory compliance, has raised $1m in seed financing.