Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

Axio secures funding which will help its expansion into the financial sector

Cyber risk management service Axio has secured a new funding round which will help it expand into the financial services space.

BNPL firm Sunbit secures unicorn status following $130m Series D

California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.

Payroll company Papaya Global nets $45m in funding

Papaya Global, a global payroll and payment management platform, has netted $45m in a funding round led by Insight Partners.

EBA launches consultation on money laundering, terrorism financing in the EU

The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.

IbanFirst scores €10m to connect SMEs with FinTech

Belgian fintech startup FX4BIZ has raised €10m in funding and pivoted its business from an SME-focused currency-transfer operator to a banking-as-a-service platform and rebrands to IbanFirst.

Orca Security becomes the latest member of the unicorn club

Orca Security has joined the cybersecurity unicorn club after a $210m Series C pushed its valuation to $1.2bn.

Pixalate reels in $18.1m growth capital to speed up expansion

Fraud protection, privacy and compliance analytics platform Pixalate has raised $18.1m in growth funding.

French IT monitoring company targeted by hackers and put potentially hundreds of businesses at...

French IT company Centreon has been targeted in a three-year long hack attack where bad actors used the venture to break into its clients' organisations, a French cyber watchdog has warned.

ParketGale Capital makes majority investment into Rippe & Kingston

Financial and practice management software developer Rippe & Kingston has received a majority investment from ParkerGale Capital.

Cross River Bank closes $100m round as it preps for IPO

Cross River Bank, which offers banking solutions to FinTech companies, has reportedly collected a $100m funding round, as it prepares for its initial public offering (IPO) next year.

News Stories

FinTech-focused venture firm QED Investors closes fund on $1.05bn

Global FinTech-focused venture capital firm QED Investors has closed its seventh fund on $1.05bn, as it eyes opportunities in US, UK, Latin America and Southeast Asia.

Grow Credit secures $106.3m in seed round made of debt and equity

Grow Credit, which hopes to bolster financial inclusion, has netted $106.3m in its seed round, which comprised of debt and equity.

Kolide raises $17m in round led by OpenView Partners

Endpoint security platform Kolide has picked up $17m in its Series B funding round, which was led by Boston-based venture firm OpenView Partners.

Form3 raises $160m in its Series C round

Form3, a payment technology developer, has closed its Series C round on $160m, which will aid its geographical growth.

Foxquilt bags funding to bolster growth in US and Canada

North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.

See how insurance firms can use it to personalise their offering

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