Funding Platforms

PayTech Vartana launches following $57m seed raise

Managed checkout and buy now, pay later (BNPL) provider Vartana has launched following a $57m seed funding round.

FinTech VC Element snares $130m for B2B fund

UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.

UpLift bags $15m from four investors through series B round

Payment solution platform UpLift has raised $15m from four investors after a series B funding round.

Despite Brexit: Crowdcube’s growth has risen for the seventh consecutive quarter

In the third quarter of 2019, crowdfunding platform Crowdcube’s revenues rose to £2.2m despite the UK's upcoming divorce from the EU.
fintech insurtech wealthtech regtech ai cybertech esg news

OurCrowd launched 13th investment fund, just weeks after previous fund close

Crowdfunding platform OurCrowd has launched its 13th fund on $50m, just weeks after the launch of its previous vehicle.

Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets

Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.

Investing platform Freetrade to launch seventh crowdfund

Investment platform Freetrade is to launch its seventh crowdfunding campaign on 24th November, which will be open to UK and EU-based investors.

Techstars nabs $42m investment to continue helping FinTech and other entrepreneurs succeed

The worldwide entrepreneurial support network Techstars has closed a $42m investment round, which it aims to use to keep supporting entrepreneurs during their journeys.

Markd poised to back digital transformation in insurance

Markd has launched as an InsurTech VC and subsequently closed its $100m debut fund to fund early and growth stage startups.

Banking-as-a-service platform Jumo nets $120m in funding

South African banking-as-a-service (BaaS) company Jumo has bagged $120m from a recent funding round co-led by Visa, Fidelity Management and Kingsway.

News Stories

AML

Leveraging AI to enhance efficiency in AML sanctions screening

False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.

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