Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

Railsbank said to raise $10m as it positions for Southeast Asia expansion

Railsbank, an open banking and RegTech startup, has reportedly bagged a $10m investment from payments giant Visa.

Indusface bags $5m in new funding round to speed up the growth of its...

Cybersecurity Indusface has just picked up $5m Tata Capital Growth Fund II and plans to use it to aggressively grow its solutions for helping organisations protect their web and mobile applications.

illimity unveils new banking service that integrates its platform with other banks

Italian lender illimity has launched a payment initiation service (PIS) that enables customers to make payments from accounts with other banks, consolidated in the illimity platform.

Synack bags $52m in Series D round as it aims to bolster digital defences...

From: RegTech Analyst Cybersecurity company Synack has raised $52m in a Series D funding round to transform security testing through its crowdsourced platform powered by...

Qube Money teams up with Galileo Financial Technologies

Banking solutions provider Qube Money has signed a partnership with Galileo Financial Technologies to deliver a banking solution that boosts customers' financial awareness.

Only 14 out of 21 digital banking applications approved by MAS

The Monetary Authority of Singapore (MAS) has rejected eight out of the 21 digital banking applications submitted by the beginning of the year, but more are heading for the chopping block.

Nozomi Networks secures funding from Telefónica Innovation Ventures

IoT security provider Nozomi Networks has secured an investment from Telefónica Innovation Ventures.

Bond Financial pulls in $32m for its Series A

Bond Financial Technologies, which helps brands accelerate the pace of financial innovation and inclusion, has closed its Series A round on $32m.

Why banks should double down on innovation during the Covid-19 pandemic

The ripple effects of the coronavirus pandemic could cause companies to de-prioritise their digitalisation, but Nucoro believes that would be a “significant missed opportunity.” Instead of stopping, firms should be doubling down.

Payfit takes $5.6m to revamp payrolls

French payroll management company Payfit is taking on $5.6m in a funding round having just launched in April.

News Stories

Curve makes bid for £10m grant from the BCR Capability and Innovation Fund

UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.

Email security startup IRONSCALES scores $8m in Series B round

IRONSCALES, a self-learning email security solution, has scored $8m in its Series B round to support its rapid growth plans.

End-to-end cybersecurity solution Oomnitza closes its Series B on $12.5m

Oomnitza, which helps companies to secure and manage their digital presence, has closed its Series B round on $12.5m.

Clara Insurance rebrands to Brella after extending its seed round

Clara Insurance has rebranded to Brella Insurance, in tandem with the close of a $1.5m funding round.

High Court slams Avacade and Alexandra Associates with £10.7m fine

The UK High Court has ordered pension introducers Avacade, Alexandra Associates and their directors to pay £10,7m restitution to consumers.