WireBarley closes $10m investment to support regional growth

South Korean FinTech platform WireBarley has secured KRW10bn ($10m) in its Series B investment.

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

Newly created InsurTech Ki scores $500m investment

Newly established InsurTech startup Ki Insurance has landed a $500m investment from Tactical Opportunities, the opportunistic investment division of Blackstone.

Spain-based FinTech Nemuru closes €2.6m round

Barcelona-based Nemuru has closed its latest equity funding round on €2.6m to help it launch an array of new products.

Palo Alto Networks acquires The Crypsis Group in $265m deal

Cybersecurity company Palo Alto Networks has acquired incident response and risk management consultant The Crypsis Group in a deal worth $265m.

JupiterOne collects $19m to further the development of its cybersecurity technology

Cybersecurity startup JupiterOne has collected $19m in a funding round to help companies automate asset discovery, visibility and compliance.

First AML bags $5.4m in its latest funding round

New Zealand-based RegTech startup First AML has bagged $5.4m in its Series A round, which was led by Bedrock Capital.

Seeqc scores $22.4m in its Series A led by EQT

Seeqc, a digital quantum computing company, has scored $22.4m in its Series A round, which was led by EQT Ventures.

Acko secures $60m in its Series D round led by Munich Re Ventures

Acko General Insurance has reportedly netted $60m in its Series D round, which was led by Munich Re Ventures.

News Stories

Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings

The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.

Swedbank is being investigated by the Swedish Financial Supervisory Authority for suspected compliance breaches

The Swedish Financial Supervisory Authority (SFSA) has initiated an investigation into Swedbank for suspected breaches of market abuse.

The European Banking Authority releases online survey for support on ESG risks

The European Banking Authority (EBA) issued a online survey to credit institutions to offer guidance on the disclosure of information on environmental social governance (ESG) risks.

The European Central Bank is reducing the burden of reporting for banks

The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.

The UK’s FCA launches new review of unsecured credit market

The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies

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