Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

Stripe acquires fraud prevention expertise with Bouncer purchase

Payments juggernaut Stripe has acquired card authentication technology company Bouncer for an undisclosed amount.

BaaS platform Omnio bags €30m as it vies for European expansion

UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.

AXA suffers ransomware attack following ransom payments support removal

Insurance juggernaut AXA has suffered a cyberattack which saw it lose 3 TB of sensitive data from its Asian operations.

Pine Labs banks $285m at $3bn valuation to scale its merchant commerce platform

India-based FinTech unicorn Pine Labs raised $285m in a new round of funding which valued the firm at $3bn.

Cause-driven ecommerce platform Our Mayberry inks $1.2m

US-based ecommerce platform Our Mayberry raised $1.2m through its convertible note seed round offering by reaching its 20% oversubscription limit led by unnamed investment groups from medical services and restaurant industries.

Verizon report finds 85% of data breaches in 2020 involved human interaction

A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.

Cybersecurity firm Cryptosense raises $4.8m to protect FinTechs from breaches

France-based cryptography lifecycle management platform Cryptosense raised $4.8m in funding.

BluBracket to expand go-to-market activities following $12m Series A

US enterprise security firm BluBracket has closed a $12m Series A round led by Evolution Equity Partners.

Zenlayer eyes enhanced cloud footprint following $50m Series C

US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.

FinTech startup Nuula launches beta app in the US

Canadian FinTech company Nuula has introduced its beta mobile app with a mission to ‘help small businesses succeed’.

News Stories

Santander UK and NatWest back RegTech Ideagen in £100m round

Regulatory and compliance software provider for regulated industries Ideagen secured £100m through a new committed credit facility of £75m, with a further uncommitted of up to £25m.

POS terminal transaction volume to exceed $17.3trn by 2026

The total value of transactions processed by POS terminals will grow by 28% to exceed $17.3trn by 2026.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

InsurTech Wrisk lands £4.6m in Series A funding to scale its insurance product

UK InsurTech Wrisk raised a £4.6m investment round led by QBN Capital and aims to build frictionless, mobile-first insurance experiences.

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