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.
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.
Millennial-focused rewards platform Drop has closed a $21m Series A funding round led by New Enterprise Associates.
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.
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 has closed a €25m Series C funding round from private equity firm Amerborgh.
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, an online platform aimed at reinventing the home buying process, has collected $141m in financing.
Data intelligence company Siren has closed a €3M seed investment round, led by Atlantic Bridge University Fund.
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.