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Deal Updates

Lanistar finally secures FCA approval following earlier setback

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.

Under Armour to pay $9m to settle SEC revenue probe for misleading investors

Sports apparel company Under Armour has settled with the Securities and Exchange Commission (SEC) and agreed to pay $9m in fines related to misleading its revenue growth to investors from the third quarter of 2015 through the fourth quarter of 2016.

Cybersecurity platform Huntress lands $40m as it pursues to help SMEs tackle online threat

Threat detection and mitigation company Huntress scored a $40m Series B investment round led by JMI Equity.

AI-driven fraud protection company for InsurTechs Shift Technology earns the horn after $220m round

SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry Shift Technology closed a $220m fundraising bringing its valuation to over $1bn.

Vanta closes $50m funding round to launch new products, expand footprint

San Francisco-based cybersecurity firm Vanta has closed a $50m funding round led by Sequoia Capital with participation from Y Combinator.

Cymulate snags $45m to fight cybercrime via its cyberattack simulations

Israeli cybersecurity company Cymulate, which combats cyber threat through simulated attacks and security tests, raised $45m in Series C funding led by One Peak Partners.

ESMA updates its Q&A on the Prospectus Regulation

The European Securities and Markets Authority (ESMA) has updated its questions and answers on the Prospectus Regulation.

Prevailion scores strategic investment to support its expansion efforts

Prevailion, a cyber adversary intelligence provider, has closed a strategic investment round led by Allstate Strategic Ventures.

Cybercrime cases continue to rise as Belgium becomes most recent victim

The company that provides internet services for Belgium’s parliament, government departments, universities and scientific institutions has suffered a cyberattack.

Cognitive View joins the Genesys Cloud Marketplace

Cognitive View, which analyses customer communication data to identify conduct related risk, is now available on Genesys Cloud Marketplace.

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