SoFi acquires Galileo in $1.2bn deal

Online personal finance company SoFi has acquired financial services API and payments platform Galileo in a deal worth $1.2bn, comprising of cash and stock.

Hong Kong-based Neat nets $11m Series A round

FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.

Trading app Dsdaq raises $1.5m in angel investment round

Trading app startup Dsdaq has netted $1.5m in an angel round led by family investment office Efftronics Asia and venture capital firm DraperDragon.

Accellion nets $120m in funding from private equity firm

Accellion, a firewall service which secures third-party communications, has netted $120m in a new financing round led by private equity firm Bregal Sagemount.

InsurTech INSTANDA is now available in the Microsoft Azure Marketplace

Hot on the heels of its $19.5m Series A round in March, INSTANDA has now announced that it is available through the Microsoft Azure Marketplace.

News Stories

ESMA has suspended 352 instruments for breaching EU trading rules under MiFID II

The EU's securities markets regulator has reported 46 new breaches to the double volume cap (DVC) thresholds, bringing the total to 352 instruments having been suspended.

Cytrust and NortonLifeLock team up to protect Latin American SMEs from cyber criminals

Cyber crime is on the rise in Latin America, but Cytrust and NortonLifeLock hope to do something about it.

Lloyd’s Lab has picked 12 startups for its InsurTech accelerator programme

Building on its reputation of nurturing successful startups in the InsurTech space, Lloyd’s Lab has now picked the fourth batch for its accelerator programme.

SoFi acquires Galileo in $1.2bn deal

Online personal finance company SoFi has acquired financial services API and payments platform Galileo in a deal worth $1.2bn, comprising of cash and stock.

Hong Kong-based Neat nets $11m Series A round

FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.