Identity verification startup Berbix nets $9m for its Series A round
Digital identity startup Berbix has closed its Series A round on $9m, which will help it to increase its team size and bolster customer growth.
SEC updates reporting rules for public companies
The Securities and Exchange Commission (SEC) has voted to update the description of business, legal proceedings and risk factor disclosures that registrants are required to make pursuant to Regulation S-K.
SEC opens up private capital market for more people
The US Securities and Exchange Commission (SEC) has voted to amend its definition of accredited investors, meaning more people will soon be eligible to enter the private capital market.
How AI development could benefit from the pandemic
Business stability is the priority for most businesses at the moment and you might think investing into R&D could impact the development of tools like AI. However, this might not explicitly be the case and AI could benefit from the situation.
Scammers stole over £30m from UK pension savers and football fans are likely victims
Regulators warn that pension savers have lost over £30m to scammers as people know more about football than about their own lifetime savings.
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.
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.
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.
