Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

ComplyAdvantage, McKinsey execs bet on UK-based cybersecurity startup seedata.io in pre-seed round

Seedata.io, a London-based cybersecurity SaaS startup, raised £640,000 in a pre-seed funding round.

Over half of Millennial, Gen Z Muslims open to adopting Islamic banking

A report by cloud banking platform Mambu has found more than half of young Muslims would adopt Islamic banking if it was more accessible.

Mox bolsters banking offering with new BNPL service

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

US cyber director Inglis calls for cyber statistics bureau creation

US national cyber director Chris Inglis has endorsed a plan for the creation of a bureau of cyber statistics which will collect and analyse threat data.

Finite State fetches $30m to secure connected devices in the global supply chain industry

Columbus OH-based connected device security company Finite State raised $30m in Series B funding led by Energize Ventures and with participation from Schneider Electric Ventures and Merlin Ventures.

Threat detection firm Venari Security pulls in £4.2m Series A

London-based Venari Security has raised £4.2m from a Series A funding round that included a number of high-profile cybersecurity backers.

Ritmo bags €13.8m seed funding to scale into new markets

Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.

TenureX scores seed funding to support its transformation of wire transfers

TenureX, a banking software developer, has closed its seed funding round on $5m to grow the size of its network.

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

‘Shooting war’ with a major power could break out over cyberattacks, Biden reveals

President Joe Biden has claimed the US is more likely to end up in a ‘real shooting war with a major power’ due to cybercrime than any other form of conflict.

News Stories

ZenLedger capitalises on strong year of growth with a Series A close

Tax software developer ZenLedger has scored $6m in its Series A round, after recording 500% revenue growth in the past year.

Ransomware attacks climb dramatically in first half of 2021

A mid-year report by internet security company SonicWall has found the number of ransomware attacks in H1 2021 has already outperformed the entire year of 2020.

Abrigo capitalises on 30% revenue growth with fresh strategic investment

Abrigo, a provider of compliance, risk and lending services, has received a strategic investment from funds managed by Carlyle.

Nationwide unveils new bank cards for the blind

Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.

Amplify closes its seed round to support its mission of driving wealth via insurance

Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.

Find out how a risk-based approach to cybersecurity can reduce costs and increase compliance

Last year large-scale breaches increased by 300%

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