Data & Analytics

Senso bags $3m in its pre-Series A round to support its growth in the...

Senso, an AI platform helping financial institutions improve client retention, has reportedly bagged $3m in its pre-Series A round.

Monedo has filed for bankruptcy because of the coronavirus

Another German FinTech giant bites the dust with Monedo filing for bankruptcy after the pressures of Covid-19 became too much for the once celebrated company backed by investors like Peter Thiel and Naspers.

FinTechs urge the FCA to pull the plug on big banks’ data dominance

The Coalition for a Digital Economy (Coadec) has urged the UK's top financial regulator to make open banking truly open in 2021 and to "break" banks' dominance.

Redwood Software collects €315m in funding round

Redwood Software, which builds cloud-based business and IT process automation solutions, has collected €315m in strategic funding from growth equity investor Turn/River Capital.

Why a strategic approach to data integration is key for mergers & acquisitions in...

Establishing a strategic approach to data integration is key to tackling the steady rise of M&A in insurance as well as accelerating the company's digital transformation journey, Quantexa says.

ArK Kapital bags €165m in seed capital

ArK Kapital, which stylises itself as a precision financing company, has reportedly collected €165m in seed funding.
Francisco Partners acquires SaaS analytics platform Sumo Logic

Francisco Partners acquires SaaS analytics platform Sumo Logic

Francisco Partners, a global investment firm, has acquired SaaS analytics platform Sumo Logic in a deal that values the business at $1.7bn.
Amperon Holdings, a Houston-based energy analytics startup, has successfully secured $20m in Series B funding.

Energy analytics startup Amperon raises $20m

Amperon Holdings, a Houston-based energy analytics startup, has successfully secured $20m in Series B funding.

Quovo picks up $10m for financial data analysis

Financial data platform Quovo has raised $10m in a Series B round of funding to fuel the growth of its analytics offerings.

NGDATA closes $19m Series C led by HPE Growth Capital

Big data solution for customer relations management NGDATA has closed a $19m Series C funding round led by HPE Growth Capital.

News Stories

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc, a diversified non-banking financial company (NBFC), proudly announces securing an investment of $80m from the International Finance Corporation (IFC), a member of the World Bank Group.
FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery, formerly known as LeaseQuery, has secured a significant minority investment to the tune of $25m, led by Periphas Capital and supported by Lavelle Capital.
BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI, a leader in predictive security solutions, has successfully closed its Series A funding round, securing a substantial $15m.
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.

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