Home Deal Updates

Deal Updates

Wirecard officially winds down its UK-regulated business

Following the collapse of Wirecard in June, the German FinTech giant is now officially winding down its regulated services in the UK.

What should you think about before buying a RegTech solution?

Buying a RegTech solution is never easy, but there are some things you can consider beforehand.

LegalTech startup Thirdfort secures £1m in seed-plus funding round supported by Funding Circle’s founders

LegalTech startup Thirdfort has raised £1m to speed up its growth to meet the increasing demand brought on by Covid-19.

Open banking company sync. partners with ComplyAdvantage

UK money management startup sync. has inked a partnership deal with RegTech ComplyAdvantage.

DGB Daegu Bank taps into quantum technology to boost its cybersecurity

DGB Daegu Bank has teamed up with SK Telecom to to use its 5G quantum cryptography technology in its mobile banking app IM Bank.

ECB warns that big tech entering the FinTech space could lead to security risks

The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.

RegTech investment hit a five-quarter low in Q2 2020 as global lockdowns take a...

Global RegTech funding reached $2.4bn in Q1 2020, recording a growth of 26.3% compared to the previous quarter despite the spread of coronavirus and the ensued economic uncertainty.

Identity verification startup Berbix nets $9m for its Series A round

Digital identity startup Berbix has closed its Series A round on $9m, which will help it to increase its team size and bolster customer growth.

SEC updates reporting rules for public companies

The Securities and Exchange Commission (SEC) has voted to update the description of business, legal proceedings and risk factor disclosures that registrants are required to make pursuant to Regulation S-K.

SEC sues investment advisers for allegedly misrepresenting its services

The Securities and Exchange Commission has filed an emergency action against Florida-based investment adviser Coral Gables Asset Management because of an alleged fraudulent offering.

50,000+ RegTech leaders get exclusive industry stories delivered every week