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Deal Updates

Antimatter breaks out of stealth with $12m Series A

Antimatter, a startup specialising in data security for SaaS applications, has come out of a period of stealth to raise a $12m Series A.

Why KYB is vital for corporate onboarding

Managing any financial services company can be fraught with risk. Many FIs require close to constant risk analysis to make sure the company is remaining compliant and proper, as well as looking out for being targeted by criminals.

US DoJ charges fraudsters for $1m NFT fraud scheme

Two fraudsters have been charged with conspiracy to commit wire fraud and conspiracy to commit money laundering through a non-fungible token (NFT) fraud scheme.

Sequoia Capital backs Skiff in $10.5m Series A

Skiff, a startup building an end-to-end encrypted collaboration platform, has raised $10.5m in Series A funding round.

Wing Security flies out of stealth with $26m

Israeli software-as-a-service security startup Wing Security has nabbed $26m in seed and Series A funding after coming out of stealth.

Brazil’s Cerc closes funding ahead of IPO

Brazil-based Cerc has reportedly raised $100m in funding as it gears up for an IPO.

Over half of consumers abandoned onboarding processes in 2021

More than half of consumers (68%) abandoned a financial application during the onboarding process in 2021, up from 63% in 2020, research from Signicat claims.

Sri Lanka set to develop green finance taxonomy

The Central Bank of Sri Lanka (CBSL) is developing a green finance taxonomy that will provide a framework for investment analysis when funding green projects.

Finicity, Fiserv partner to improve data sharing security

Finicity, a Mastercard company, and PayTech company Fiserv has teamed up to boost open finance through secure data sharing.

How innovative KYC practices can help financial institutions stand out

Wherever you look in the financial sphere, the competition is fierce. Attention is at a premium in the modern digital world, meaning financial institutions need to find a way to grab this attention with both hands.

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