Sector Updates

Sonatype brings in $80m for automated open source governance

Sonatype, a provider of automated open source governance, has landed an $80m minority investment led by TPG.

Australia’s Volt Bank launches through Temenos Cloud

Australian challenger Volt Bank has launched its new online banking platform powered by Temenos'?financial software offering.Volt?bank has launched on the Temenos Cloud which will...
India-based-Digit-Insurance-IPO-valuation

India’s Digit to raise $440m via IPO

Digit Insurance, an India-based insurer, is reportedly considering raising $440m through initial public offering (IPO) at a valuation of $4.5bn to $5bn.

Resilience responds to evolving cyber risks

Cyber insurance and security solution provider Resilience has created a capital reinsurance company.
FinTech giant Stripe raises $6.5bn but suffers another valuation drop

FinTech giant Stripe raises $6.5bn but suffers another valuation drop

FinTech giant Stripe has seen its valuation slashed again, following the close of a colossal funding round of $6.5bn.

Chinese fintech backer Gaorong Capital collects $450m for new fund

Gaorong Capital, the Chinese early stage investment house which rebranded its UK name from Banyan Capital six months ago, has raised at least $450m for its fourth US dollar-denominated fund

CLARA joins forces with Nationwide for worker compensation insurance

CLARA Analytics, which builds AI technology for commercial insurance, is to partner with insurance and investment platform Nationwide to provide AI technology for the insurance industry.

Toast pulls in $400m as it looks to build upon strong growth

Restaurant management platform Toast has received $400m in its Series F round, which comes after a successful year that increased its revenue by 109%.
Nukkleus to acquire Mercury Global to bolster cross-border payments

Nukkleus to acquire Mercury Global to bolster cross-border payments

Nukkleus, a trailblazer in the FinTech sector, has announced its intention to acquire Mercury Global, a foremost cross-border payments firm.

Tim Cook denies Apple is looking to launch its own cryptocurrency

Apple is not launching a cryptocurrency like Facebook’s Libra anytime soon, according to CEO Tim Cook.

News Stories

Berenberg partners with Kaizen to enhance EU and UK MiFIR transaction reporting

Berenberg, one of Europe’s leading privately owned banks, has partnered with Kaizen, a top RegTech firm, to streamline its regulatory reporting processes.
Danish FinTech firm Flatpay secures $47m to enhance simple payment solutions for SMEs

Danish FinTech firm Flatpay secures $47m to enhance simple payment solutions for SMEs

Flatpay, a Danish company focusing on payment solutions, has successfully secured $47m. The investment was led prominently by Dawn Capital alongside participation from Seed Capital and several unnamed investors.
Bridgewise raises $21m in new funding to expand its AI financial intelligence platform globally

Bridgewise raises $21m in new funding to expand its AI financial intelligence platform globally

Bridgewise, the pioneering AI-based analytics platform for global securities, has successfully completed a new funding round, securing $21m.
Cynomi secures $20m to expand vCISO platform for MSPs globally

Cynomi secures $20m to expand vCISO platform for MSPs globally

Cynomi, the trailblazer in virtual Chief Information Security Officer (vCISO) platforms, has successfully secured $20m in a new funding round. The investment was spearheaded by...
Toku's Series A infusion of $9.3m to bolster digital collections in Latin America

Toku’s Series A infusion of $9.3m to bolster digital collections in Latin America

Toku, a Chilean FinTech platform, has successfully closed its Series A funding round, raising a substantial $9.3m.

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