Warburg Pincus takes stake in core software firm Avaloq
Private equity firm Warburg Pincus is acquiring a 35% stake in Swiss financial software firm Avaloq. The deal will see Warburg Pincus pump a reported $300m into the Zurich-based company.
FloQast closes Series B on $25m to help global expansion
FloQast has closed its Series B funding round on $25m, which will help the company expand globally.
Recvue nabs £2m funding round led by Cota Capital
California-based revenue and billing management platform Recvue has closed a $2m funding round, led by Cota Capital.
Founded in 2015, Recvue is a revenue support...
ScaleFactor nets $2.5m funding round
Smart finance platform and accounting platform ScaleFactor has netted $2.5m in its funding round.
Trident Capital Cybersecurity leads Prevoty’s $13m Series B round
Prevoty, a provider of autonomous application protection solutions provider, has closed a $13m Series B financing round.
Serent Capital makes minority investment in to BirchStreet Systems
Procure-to-pay automation company BirchStreet Systems has received a minority investment from San Francisco-based Serent Capital.
Icertis collects $50m Series D round led by Meritech
Contract management company Icertis has collected $50m in its Series D funding round led by Meritech Capital Partners.
UiPath collects $153m in Series B funding round
Robotic process automation software company UiPath has collected $153m in its Series B led by Accel.
ZP Group lands Series C funding to expand cybersecurity offering
ZP Group, a provider of premium cybersecurity services and solutions, has closed a Series C round of funding.
Apax acquires majority stake in Solita from Vaaka Partners
Apax Partners’ growth equity vehicle The Apax Digital Fund has acquired a majority stake in Finnish digital transformation company Solita from Vaaka Partners.
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How the coronavirus has affected the RegTech industry
The coronavirus has forced the global economy to grind into a halt. While the RegTech industry is not left unscathed, there are opportunities for those that look.
Neobank HM Bradley has officially launched
The US-based digital bank HMBradley has officially launched its services for the thousands of would-be users on its waitlist.
The FCA reminds banks that not all their employees need to be at the...
The Financial Conduct Authority (FCA) has told banks, building societies and credit unions that they need to carefully consider which of their workers should be able to work remotely in order to deal with COVID-19 appropriately.
Monzo’s founder won’t take out any salary for 12 months to help the company...
UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.
FinTechs could see rise in customers following the coronavirus pandemic
While FinTechs might be fearing the impact of the coronavirus on their business, it might actually be a beneficial thing for them, a study from financial advisory firm deVere Group claims.