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Deal Updates

Xage Security raises $6m top-up to its Series B

Xage Security, a zero-trust company, has raised a $6m top-up to the $30m it previously raised in its Series B in January 2022.

Chinese regulator calls on banks, insurers to develop pension financial services

The China Banking and Insurance Regulatory Commission (CBIRC) has said banking and insurance firms should strengthen investment management of pension funds.

Checkout.com set to acquire ID verification firm ubble

Cloud-based payments provider Checkout.com is set to snap up digital identify verification startup ubble for an undisclosed fee.

US regulator suggests $1m fine for Colonial Pipeline due to cyber failures

The US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has called on the Colonial Pipeline to receive a $1m fine.

BIS survey finds 9 out of 10 central banks are exploring CBDCs

A study by the Bank of International Settlements has found nine out of ten central banks are exploring the use of central bank digital currencies (CBDCs).

CyberTech Material Security lands $100m to hit billion-dollar valuation

Material Security, a CyberTech that helps companies protect their emails, has scored $100m in new Series C funding.

VC firm YL Ventures closes $400m cyber investment fund

YL Ventures, a venture capital company that focuses on early-stage CyberTechs, has concluded a $400m fund aimed at support growing cyber firms.

Signifyd to provide DNA Payments with anti-fraud tech

E-commerce fraud protection company Signifyd will provide integrated fraud protection technology to DNA Payments, an omni-channel payments company for the UK and EU markets.

RegTech company Ideagen accepts $1.3bn acquisition offer

GRC software management solutions developer Ideagen has agreed to a £1.05bn ($1.3bn) acquisition offer from private equity firm Hg Pooled Management.

Irish RegTech ID-Pal enters UK

Dublin-based identity verification platform ID-Pal has formally launched its service in the UK market.

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