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Deal Updates

KPMG study finds UK SMEs are still undecided on Open Banking

A new survey from KMPG finds that just under half of UK-based SMEs are still hesitant of Open Banking.

Due diligence startup Neotas collects £1m investment

London-based due diligence and HR screening platform Neotas has secured £1m in its latest equity round.

Pass Technology scoops up £3.25m in new funding round

Pass Technology Group, a background checking and regulatory solution developer, has bagged £3.25m in a new financing round.

NEXT Biometrics, MK Group partner for R&D program for biometric cards

NEXT Biometrics has teamed with MK Group to launch an R&D scheme for biometric smart cards.

Cybertonica forms partnership with acquiring.com

Fraud prevention and payment risk management company Cybertonica has formed a partnership with acquiring.com.

Venmo reportedly hit operating losses of $40m for first three quarters of 2018

Venmo has reportedly reached operating losses of $40m following a string of payments frauds earlier in the year.

Asseco SEE joins NextGenPSDE support initiative

Asseco South Eastern Europe (Asseco SEE) has joined the NextGenPSD2 Implementation Support Programme (NISP) to support banks with PSD2 requirements.

Romania-based FintechOS nabs €600k seed, with plans to raise another €400k by year end

FintechOS, a provider of digital transformation technology to financial institutions, has pulled in €600,000 in seed funding.

Euro FinTech builder finleap gets €41.5m investment from financial services major Ping An

European FinTech builder finleap has raised €41.5m through an investment round led by Chinese financial services firm Ping An’s Global Voyager Fund.

IDEX, Chutian Dragon partner for biometric cards

IDEX Biometrics has teamed up with Chutian Dragon to develop dual-facing biometric cards.

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