31 investment rounds that show the state of the FinTech industry
From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.
Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."
FinTech giant Wirecard in deep trouble after $2.1bn goes missing
German Wirecard saw its shares plunge by as much as 60% after the payment company revealed that €1.9bn ($2.1bn) was missing just as it was about to file its financial statements for 2019.
ESMA publishes draft amendment of the regulatory technical standards to the European Single Electronic...
The EU's securities markets regulator has published a draft amendment to the regulatory technical standards (RTS) on the European Single Electronic Format (ESEF).
The benefits of improved data management – KYC Portal
With the rise in regulations, the amount of data being collected and the scale of information storage, effective data management has become crucial for businesses.
Unum ID secures $2m in its seed round
Unum ID, a digital identity company, has secured $2m in its seed funding round which was led by earl-stage venture capital firm Draper Associates.
Cybersecurity company Kasada secures $10m in its Series B round
Kasada, a web traffic security solution, has scored $10m in its Series B round as it looks to bolster its growth in the US.
FCA wants to ban mini-bond marketing permanently
The UK's top financial markets regulator has announced that it plans to make the ban on marketing of mini-bonds that it introduced in January permanent.
Revolut unveils open banking feature for retail and business customers in Ireland
Neobank Revolut boasts having over one million retail and business customers who can from now on enjoy the FinTech unicorn's new open banking feature.
FCA slams Commerzbank London with £37.8m fine over anti-money laundering failures
The UK's top financial market watchdog has punished the London branch of Commerzbank with a £37,805,400 fine for failing to set up strong anti-money laundering (AML) measures.
