Kobil Systems, a Germany-headquartered IT security company, has unveiled a new security solution that complies with the new Payment Services Directive 2 (PSD2).

Envestnet | Yodlee, a data aggregation and data analytics platform, has enabled financial services providers to build solutions to comply with PSD2 and Open Banking.

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.