The Capital One hack raises many questions regarding cybersecurity

As the alleged Capital One hacker has been indicted and may face up to 25 years in prison, several experts have stated that the breach raises a lot of questions.

Why it matters that InsurTech unicorn Lemonade has raised the price range for its...

A lot of InsurTech stakeholders are watching Lemonade's upcoming initial public offering (IPO) with great interest, so they have no doubt noted that its upcoming listing will be more expensive than expected.

China-based Tongdun Technology raises $72.8m Series C

Risk control and data analytics service provider Tongdun Technology has raised $72.8m Series C round.

Zeidler Group names its new CFO and product owner

Zeidler Group, a technology-driven law firm, has named former Goldman Sachs managing director Thilo Zeidler as its new CFO and product owner of various...

WealthTech business Prumentum takes $25m and acquires stake in Plancorp

Silicon Valley-based WealthTech business Prumentum Group has raised $25m in a Series A round. The funding comes from family offices, including the Fremont Group and the Cynosure Group.

alpha 4 Ventures raises up to $10m for its debut fund

Latin America-focused venture capital fund alpha4 ventures has raised up to $10m for its maiden fund.

Jeff Bezos-backed accounting startup gains unicorn status after new funding round

Accounting startup Pilot raised a new $100m round of funding from Jeff Bezos and other Silicon Valley investors to help small businesses outsource back-office tasks, therefore gaining the unicorn badge.

PwC UK names the nine WealthTechs in its latest accelerator cohort

PwC revealed the latest cohort of FinTechs who have joined the Wealth Scale programme.

CFTC accusses Nevada entrepreneur of running a $11m cryptocurrency Ponzi scheme

A top US regulator is accusing the Circle Society and its owner David Gilbert Saffron of fraudulent solicitation, misappropriation and registration violations.

ESMA states increased risk to investors due to renewed market volatility

The European Securities and Markets Authority (ESMA) has stated investors are facing “very-high market risk” due to renewed market volatility.

News Stories

LogRock closes $3.5m in its sees round

LogRock, a compliance solution for the trucking sector, has closed a seed funding round on $3.5m.

The 4 trends specialty insurers should be watching

The insurance sector is in a period of seismic change, but what are the real trends specialty insurers should be taking note of.

US leads the way in this week’s 35 FinTech deals

This week saw 35 deals take place, coming from a range of sectors. The USA, however, dominated the highest value deals.

Institutional investors spend an average of $1.3m annually related to ESG data

Institutional investors are spending an average of $1.3m annually to collect, analyse and report climate data to inform their investment decisions, according to a study from ERM.

Philippines’ central bank proposes sustainable investing guidelines

The Bangko Sentral ng Pilipinas (BSP) has put forward guidelines for banks’ integration of sustainability principles in their investment activities.

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