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Deal Updates

CloudMargin collects $10m for collateral management platform

CloudMargin, a cloud-based collateral management workflow tool, has closed a $10m investment round.

Thomson Reuters partners with IBSFINtech’s treasury management solution

Bengaluru-based IBSFINtech, which provides a corporate treasury management solution, has partnered with Thomson Reuters.

Indian FinTech Kaleidofin raises $2.8m in Omidyar-led round

Indian FinTech Kaleidofin, which provides intuitive and tailored financial solutions to the informal sector, has raised $2.8m.

IOT security company Armis closes $30m Series B

Armis, an enterprise IoT security company, has closed a $30m Series B funding round, led by Red Dot Capital Partners.

Seismic Foundry backs RegTech startup Waymark

Seismic Foundry has made two investments in the FinTech space by backing RegTech startup Waymark Tech and chatbot LodeStar Ecosystems.

Ocrolus lands $4m to automates financial document reviews

Ocrolus, which automates financial document reviews, has landed $4m in Series A funding.

U.S. Bank partners with Plug and Play for cybersecurity

US Bank (USB) has partnered with Plug and Play to increase its innovation in Cybersecurity efforts.

MSME-focused startup Veritas closes debt round

Veritas Finance, a Chennai-based financial services firm that lends to micro and small enterprises, has reportedly raised a new round of debt financing. The FinTech...

AI startup SenseTime closes $600m Series C

SenseTime, a Chinese AI company specialising in facial and image recognition technology, has closed a $600m Series C round.

HSBC to deploy AI to stop money laundering

HSBC is using artificial intelligence to help it spot money laundering, fraud and terrorist funding.

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