Token raises $16.5m strategic investment
Open banking platform supplier Token has received a $16.5m strategic investment from Opera Tech Ventures, the VC arm of BNP Paribas and others.
EQT Ventures hails open banking opportunity amid latest Token investment round
Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.
BlockClaim raises £500,000 in Seed round
Artificial intelligence and blockchain-supported InsurTech BlockClaim has raised £500,000 in its seed funding round.
VC-backed Wave Financial sold for $405m
Venture Capital-backed FinTech Wave Financial is set to be sold to consumer tax services provider H&R Block for $405m in cash.
BITPoint LatAm boosts AML and KYC with IdentityMind partnership
BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.
Risk management startup MindBridge secures $29.6m Series B
Risk management business MindBridge has secured $29.6m in its Series B round to support the evolution of its AI technology.
SecurityScorecard closes $50m Series B round led by Riverwood Capital
New York-based SecurityScorecard, a security ratings startup, has closed its Series B round on $50m.
Specific exemptions in data sharing restrictions for AML would help combat occurrence rates
Data protection is great for society, but it can hinder a bank’s ability to detect and prevent money laundering, according to Markus Schulz, global head of Financial Crime Compliance Controls at Standard Charted Bank.
Energy derivatives FinTech provider AEGIS gets Baird Capital backing
Energy derivatives FinTech business AEGIS Energy Risk has picked up investment from US private equity house Baird Capital.
Big banks reinvest in Symphony Communications through new $165m round
Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.
