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Deal Updates

Cybersecurity startup AffirmLogic closes $25m round

AffirmLogic, which uses behavioural computation to reduce cyber risk, has scored $25m in its latest funding round.

Redis Labs joins the growing list of FinTech unicorns

Open source database Redis Labs has bagged $100m in its Series F round, helping the company to become a unicorn.

Wrapbook scores $3.6m in its seed round led by Equal Ventures

Wrapbook, which builds payroll, insurance and compliance technology, has bagged $3.6m in its seed round of funding.

SEC proposes new data security rules to protect securities traders

The Securities and Exchange Commission has announced plans to amend the data security rules surrounding US securities trading.

Law firm calls for Wirecard investors to sign up for class action lawsuit

Faruqi & Faruqi, a leading national securities law firm, reminds American Wirecard investors that they have until September 8 to sign up to be part of a class action lawsuit against the collapsed FinTech.

Billon nets £2m in funding from the UK Future Fund

The London and Warsaw-based FinTech Billon has topped up its accounts with a £2m cash injection supported by the Future Fund scheme, which matched the £1m invested by angel investors and VCs.

LF Equity Income Fund has handed back over £2.26bn to investors after its collapse

LF Equity Income Fund was at the centre of the Woodford scandal and has now handed back over £2.26bn to investors since the fund started to wind up in January.

FCA investigates over 150 Covid-19 related scams

The Financial Conduct Authority (FCA) is investigating more than 150 coronavirus-related scams launched since the outbreak began, according to official figures.

Four men arrested on claims of stealing $19m from Amazon through invoice fraud

Four men have been arrested on charges of an invoice fraud scheme that allegedly enabled them to steal $19m from e-commerce giant Amazon.

PayU calls for the UK government to adopt a global perspective when supporting FinTechs...

After a damning survey revealed that only one in four FinTech founders believe the UK government has been sufficiently supportive during the pandemic, PayU is now asking it to adopt a global perspective.

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