One Identity has announced the appointment of Gihan Munasinghe as its new chief technology officer, with responsibility for leading the company’s global engineering organisation and defining its long-term technology strategy. One Identity specialises in identity and access management software designed to help organisations secure, manage and govern digital identities across complex IT environments. Its platform supports businesses in protecting sensitive...

Kaizen RegTech Group has announced new leadership responsibilities within its existing group structure, with Dario Crispini continuing as Group CEO and Michael Leach promoted to CEO of Kaizen Reporting, the group’s flagship regulatory reporting business. The group provides technology-driven regulatory reporting and compliance solutions designed to help financial institutions meet complex global regulatory requirements. Its platforms focus on automating regulatory reporting...

HAQQ Legal AI, a company building an operating system for the legal industry, has announced it has raised a total of $3m to date as it accelerates the development and global rollout of its Legal AI and practice management platform. The funding round was led by Sowlutions Ventures, with participation from HITEK Ventures, Corona Legal, IM FNDNG, Highworth, Razor Capital,...

Fieldguide, an AI-native platform for audit and advisory firms, has raised $75m in a Series C funding round led by Goldman Sachs Alternatives’ Growth Equity. The funding round, which also saw participation from new investor Geodesic and existing backers Bessemer Venture Partners, 8VC and Thomson Reuters, brings Fieldguide’s total capital raised to $125m and values the company at $700m. Audit and...

Varo Bank, a US-based all-digital nationally chartered consumer bank, has announced a $123.9m growth investment as it looks to enter its next phase of expansion. The Series G round was led by existing investor Warburg Pincus alongside new investor Coliseum Capital Management, LLC. Existing backers, including Northview, also increased their commitments as part of the transaction. Alongside the funding, Varo confirmed...

Teciem, a newly formed financial technology company specialising in treasury and capital markets software, has officially launched following the completion of its acquisition from Finastra by the Apax Funds. The launch coincides with the Apax Funds completing the purchase of Finastra’s Treasury and Capital Markets (TCM) division. As part of the transaction, Apax is committing investment to support Teciem as...

Dext, a bookkeeping automation platform for accountants, bookkeepers and businesses, has launched Payments, a fully integrated solution designed to allow users to manage, approve and make payments directly within the Dext platform.

Propy, a technology company using AI and blockchain to automate real estate closings, has secured a $100m credit facility to accelerate its vision of building an AI-powered, end-to-end real estate transaction platform across the United States. The $100m facility has been provided by Metropolitan Partners Group, a private investment firm specialising in growth and situational capital for small and mid-sized...

Talos, a provider of institutional digital asset infrastructure, technology and data, has extended its Series B funding round with a $45m strategic raise, bringing the total size of the round to $150m and pushing its post-money valuation to approximately $1.5bn. The Series B extension includes new strategic investors Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning backers...

Wonder, a Hong Kong-based FinTech and payments platform for merchants across Asia Pacific, has secured new venture debt financing to support its regional growth, product development and instant settlement capabilities. The company has raised $12m in multi-year venture debt from HSBC Innovation Banking in Hong Kong. The capital will be used to accelerate Wonder’s expansion across the Asia Pacific region,...