Tag: technology

PureCyber, a trailblazing cybersecurity firm based in Wales, has just announced a significant financial boost, securing a £5m investment from BGF.

Dezerv, an innovative WealthTech firm from India, today announced a significant funding achievement, securing INR 265 Crores ($31.7m).

KarmaCheck, a trailblazer in technology-driven background checks and credentialing, announced a major milestone today.

CheQ, a FinTech startup based in Bengaluru, has announced the successful acquisition of an additional $2.2m in its ongoing seed funding round.

The latest survey conducted by Northern Trust, involving 300 global asset management firms, has unveiled a notable shift towards prioritizing product quality and accuracy. Unlike the previous year, a significant majority of asset managers (72%) are now focusing on enhancing their product strategies, which includes improving distribution methods, data management, and outsourcing functionalities.

Ohalo, a London-based company specialising in unstructured data intelligence, has announced a new injection of £2.8m in growth capital from YFM Equity Partners.

EnFi, a Boston, MA-based AI FinTech startup, has successfully secured a $7.5m seed investment, according to FinSMEs. 

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.

Dubai-based NOW Money, a pioneering inclusive banking and payroll FinTech, today announced the successful closure of a $4m equity investment round.

The recently launched 2024 Surveillance Benchmarking Survey & Report from 1LoD and co-sponsored by MCO (MyComplianceOffice), sheds light on the evolving landscape of surveillance across financial institutions. The insights, gathered from over 30 prominent banks globally, highlight significant developments in the ways these institutions approach compliance and surveillance.