VC-backed Riskified said to be seeking another $200m in funding

Israeli anti-fraud RegTech Riskified is reportedly looking to raise as much as $200m, with an IPO being considered as one of the options. Riskified has...

Chinese fintech backer Gaorong Capital collects $450m for new fund

Gaorong Capital, the Chinese early stage investment house which rebranded its UK name from Banyan Capital six months ago, has raised at least $450m for its fourth US dollar-denominated fund

Clover Health bags $500m in latest funding round

InsurTech Clover Health has reportedly raised $500m in a funding round led by existing backer Greenoaks Capital. The round which is set to close in the...

Eduardo Saverin’s B Capital already past $400m for Fund II, having closed $360m Fund...

B Capital, a venture capital firm launched by Facebook co-founder Eduardo Saverin, has already passed $400m for its second fundraise just weeks after closing its $360m debut vehicle.

Financial institutions are reengineering risk management protocols, Deloitte study finds

Financial institutions are starting to reengineer their risk management programs, a new report from Deloitte Global claims. Through a new survey of financial services executives...

London VC Octopus Ventures raises £120m to ride AI successes

London-based VC Octopus Ventures has raised a new £120m tech fund after a year of notable exits.

CVC exceeds $1bn target for second growth fund

CVC Capital Partners has surpassed the target for its second growth fund to close on $1.6bn.

Andres Korin launched baby-budgeting app StorkCard after learning how expensive having children is

StorkCard is a FinTech app designed to help new parents budget for the expenses of having a child, something the founder learned the hard way can be more costly than you think.

Monetary Authority of Singapore launches $30m cybersecurity grant

The Monetary Authority of Singapore (MAS) has launched a new SGD $30m ($21.9m) grant to support the development of local cybersecurity capabilities.

FCA outlines new rules for the buy now, pay later market

The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers. With these new...

News Stories

LANDRY et associés acquires e-commerce security platform NexuWeb

LANDRY et associés, a risk and performance consultant, has acquired e-commerce security and development solution NexuWeb.

Plum reveals five million customer target in new interview

Finance app Plum is bullish about its ability to attract five million people to its services.

Before you worry about new PRIIP rule changes you should ensure your house is...

The EU might be gearing up to change some of the rules regulating retail and insurance-based investment products (PRIIP), but MirrorWeb warns that financial firms should worry more about the rules already in place.

Europol, European Central Bank and group of financial infrastructures team up to boost cybersecurity...

Europol, the European Central Bank and a group of Europe’s leading financial infrastructures to share cybersecurity threat information to safeguard consumers.

Revolut signs deal with LegalTech startup Sparqa Legal

Hot on the heels of announcing its new $5.5bn valuation, Revolut is now aiming to take a bite out of the legal services market with a new deal.