What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Lightful raises £4m to help charity fundraising
Lightful, a social media fundraising platform, has closed a £4m Series A funding round.
StockX could be facing legal problems after it was breached by “an unknown third...
Fashion and sneaker trading platform StockX could face some legal issues down the road after initially telling users to reset passwords due to “system updates” and later revealing it was due to a hack attack.
Financial services organisations still unsure about data protection laws despite spending £79m on compliance
Data security laws are continuing to be a problem for businesses despite them having paid millions on compliance, according to a new study from Tanium, the security company.
WhatsApp slapped with $267m GDPR fine for user privacy shortcomings
WhatsApp has been hit with a $225m fine by Ireland’s Data Protection Commission after it failed to disclose enough information to users about the data shared with other Facebook companies.
Margrethe Vestager flags for potentially stricter EU data rules
Margrethe Vestager, the European commissioner for competition, is not slowing down and is now looking to create even stricter data rules.
Investing into data processes is the next step for GDPR compliance
Now GDPR has launched, companies should be investing in technology to support their data, according to a panel at the Global RegTech Summit 2018 in May.
ICO reopens its regulatory sandbox
The UK Information Commissioner's Office (ICO) has reopened its regulatory sandbox to help companies develop new products by using personal data in a safe way.
ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.
Digital identity platform Yoti raises £8m
Digital identity platform Yoti has raised £8m in an equity funding round, which has seen the company’s valuation hit the £65m mark.
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