FintechOS closes Series A as it eyes expansion into South East Asia and US

FintechOS, which builds automated financial technology software solutions, has raised €12.7m ($14m) in Series A funding.

Duck Creek Technologies collects $120m in new funding

Duck Creek Technologies, a SaaS-based insurance software developer, has collected $120m in funding.

AvidXchange hoping to increase company valuation to $2bn

Accounts payable software supplier AvidXchange is reportedly eyeing a private fundraise which could see the business valued at $2bn.

Cybersecurity startup Code Dx receives $2m in funding

Application security management platform Code Dx has received a $2m investment from DataTribe, an investment firm focused on the cybersecurity space.

Lord Mayor of London William Russell is going to San Francisco to tout UK...

A delegation of early-stage UK startups and venture capital firms headed by Lord Mayor of London is going to California to champion British FinTech innovation.

B-North looking to crowdsource £1.75m

British business lender hopeful B-North has launched an equity crowdfunding campaign on Crowdcube, aiming to raise £1.75m at a £14.24m valuation.

Blockchain identity management market expected to be worth $11.46bn by 2026

The blockchain identity management market is expected to grow tremendously over the next few years, provided it can overcome some huge challenges.

AU10TIX has secured $20m from Oak HC/FT

Identity verification and authentication platform AU10TIX has raised $20m from Oak HC/FT, the venture capital fund spun out of Oak Investment Partners.

Chime triples its valuation within nine months after new $500m Series E round

Despite investors growing weary, Chime’s new round proves they still have an appetite to invest huge chunks of cash into the right startup.

Flow Your Money closes €600,000 funding round as it prepares to launch

Dutch digital bank Flow Your Money has closed a €600,000 investment to build the final part of its product, as it gears up for its launch.

News Stories

Mastercard invests in Doconomy to help consumers see CO2 impact their payments have

Mastercard has made an undisclosed equity investment into Doconomy, a startup helping consumers become more aware of their CO2 impact when making payments.

CyberGRX collects $40m in Series D as it looks to meet rising demands

Third-party cyber risk platform CyberGRX has collected $40m in its Series D round which was led by ICONIQ Capital.

OCC names cybersecurity as key risk for federal banking system

The US’ Office of the Comptroller of the Currency (OCC) has named cybersecurity and technology management as a key emerging risk.

Starling Bank in hot waters after having only lent 1% of the total amount...

When Starling Bank was granted funding from Royal Bank of Scotland, the challenger bank promised to lend £913m to SMEs by 2023.

Encompass and Pegasystems to boost mutual customers support

KYC solution Encompass has partnered with digital transformation company Pegasystems to help mutual customers streamline customer onboarding.