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Deal Updates

The EBA hopes to bring transparency to crowdfunding

The European Banking Authority (EBA) finalises new standards draft, that would require crowdfunding campaigns to become more transparent.

FCA signs 3-year deal for new search and discovery solution

The UK’s Financial Conduct Authority (FCA) has picked Aiimi Insight Engine to provide its new enterprise search and discovery solution.

Socure valued at $4.5bn, levels up in its identity verification mission

Socure, provider of digital identity verification and fraud solutions, has been valued at $4.5bn following an oversubscribed $450m funding round.

Drata joins unicorn club, champions automation in compliance

Security and compliance automation company Drata has secured $100m in Series B funding and reached $1bn valuation.

Notabene guiding firms with crypto compliance through fresh funding

Cryptocurrency compliance service Notabene has secured $10.2m in its Series A investment round, as it helps crypto companies meet travel rule compliance.

SCYTHE rakes in Series A as it eyes sales and marketing growth

SCYTHE, which designs adversarial emulation to help companies combat cyberattacks, has collected $10m in its Series A.

40% of banks in panic mode as unprepared for effective data usage

Four in ten banks and financial services lack necessary infrastructure for a strong data foundation and 37% of firms are still reliant on manual data processes, global data and analytics software company Quantexa revealed.

Robinhood data leak leaves seven million customers exposed

Retail investing app Robinhood has been the victim of a data security incident which has exposed information of around seven million people.

Hong Kong Stock Exchange publishes updated ESG, corporate governance guidance

The Stock Exchange of Hong Kong (HKEX) has published guidance on climate disclosures as well as an analysis of corporate governance and ESG practice disclosure across 2020-2021.

Fyllo scores Series C as eyes hiring drive

Fyllo, which is building compliance-first SaaS solutions for highly regulated industries, has collected $40m in its Series C.

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