FinTech VC Element snares $130m for B2B fund

UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.

Advanced Fraud Solutions releases new account validation tool

Deposit fraud detection software developer Advanced Fraud Solutions has released a new account validation tool for financial institutions.

Celo teams up with FinClusive to implement KYC/AML tools to its digital wallet

Open source blockchain ecosystem Celo has teamed up with FinClusive, which provides accounts and payment solutions with embedded AML tools.

Over half of Millennial, Gen Z Muslims open to adopting Islamic banking

A report by cloud banking platform Mambu has found more than half of young Muslims would adopt Islamic banking if it was more accessible.

Ernst & Young and its partners fined $10m in SEC probe of bid violations

Ernst & Young LLP to pay $10m to settle a regulatory investigation into allegations that it improperly obtained confidential information in pursuit of a contract to audit a public company’s books.

News Stories

ComplyAdvantage, McKinsey execs bet on UK-based cybersecurity startup seedata.io in pre-seed round

Seedata.io, a London-based cybersecurity SaaS startup, raised £640,000 in a pre-seed funding round.

Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...

Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.

BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

FinTech VC Element snares $130m for B2B fund

UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.

Advanced Fraud Solutions releases new account validation tool

Deposit fraud detection software developer Advanced Fraud Solutions has released a new account validation tool for financial institutions.

Find out how a risk-based approach to cybersecurity can reduce costs and increase compliance

Last year large-scale breaches increased by 300%

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