What are the cybersecurity risks financial services firms should be aware of right now?

Using technology might have boosted financial services firms’ efficiency, but the reliance on digital solutions has also opened them up to attacks from malicious outsiders.

LiquidityEdge acquired by MarketAxess in deal worth $150m

MarketAxess Holdings, the operator of a leading electronic trading platform for fixed-income securities, will acquire LiquidityEdge, a leading provider of an electronic US Treasuries marketplace.

Rewards platform Drop picks up $21m Series A led by NEA

Millennial-focused rewards platform Drop has closed a $21m Series A funding round led by New Enterprise Associates.

Revolut reportedly beat the predictions with new $6bn valuation

After about two years of speculation, challenger bank Revolut has finally closed its latest funding round, which reportedly pushed its valuation past the $6bn valuation mark despite rumours suggesting it would only get a $5bn valuation.

finleap launches new business unit

German finleap, a company offering an ecosystem of SaaS solutions for established enterprises and FinTech businesses, is launching a new business unit named finleap connect.

Core banking developer Ohpen closes €25m Series C to support expansion into 3rd market

Core banking developer Ohpen has closed a €25m Series C funding round from private equity firm Amerborgh.

ESMA has offered clarification about MiFID II

The European Securities and Markets Authority (ESMA) has clarified how investors should be protected under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).

Flyhomes pulls in $141m in funding to support Trade Up product launch

Flyhomes, an online platform aimed at reinventing the home buying process, has collected $141m in financing.

Siren collects €3M for data intelligence platform

Data intelligence company Siren has closed a €3M seed investment round, led by Atlantic Bridge University Fund.

LexinFinTech has bid on a plot of land in Chinese Shenzhen

LexinFintech Holdings, an online consumer finance company, has successfully bid for a plot of land in Shenzhen's Nanshan district. Total purchase price for the acquisition of the land plot is expected to be roughly $150bn.

News Stories

buguroo launches its behavioural biometric 3D secure solution

Spain-based buguroo has launched its behavioural biometric 3D secure solution in the hopes of combatting card not present fraud.

Accounts Payable company MineralTree scores $50m in its Series D round

Accounts Payable and payments automation software developer MineralTree has scored $50m for its Series D round.

Sweep said to raise £456,000 in its funding round

Sweep, an expenses and travel management app for businesses, has reportedly received a £456,000 grant to support its growth and innovation.

Acuant to deploy its KYC technology with Prime Trust through new deal

Identity verification platform Acuant has formed a partnership with API-enabled B2B financial infrastructure developer Prime Trust.

Are the new decacorn statuses of Chime and Robinhood a sign of things to...

The past month has seen two US FinTech companies surpass the $10bn valuation mark, but are these outliers or a sign of things to come?

Watch the exclusive webinar with McKinsey and Akur8 to find out more 

How to capture value from pricing analytics in P&C insurance post COVID-19?

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