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ADVANCE.AI seeking $200m to put it in the unicorn club

Singapore-based ADVANCE.AI, which develops digital identity verification tools, is reportedly looking to raise $200m in funding.

Cybersecurity giant Snyk more than triples valuation as it edges closer to decacorn status

Cybersecurity giant Snyk has increased its valuation by nearly $4bn in a matter of months, following the close of a $530m Series F.

Striking a balance between compliance and customer experience during client onboarding

The onboarding process requires financial institutions comply with increasing global and regionally specific regulations while also delivering an enhanced customer experience. As a result, they must embrace modern technologies to streamline the KYC process and stay competitive.

Cybersecurity firm TrueFort reels in $30m to grow its application protection platform

Zero trust application protection company TrueFort closed a $30m Series B round of financing led by Shasta Ventures with the participation of Canaan, Evolution Equity Partners, Lytical Ventures and Emerald Development Managers.

OneSpan partners with BankID to improve fraud protection for Norwegian consumers

Digital banking transaction security developer OneSpan has deployed its technology into BankID to help improve customer experiences.

Aviatrix hits $2bn valuation after second funding round this year

Cloud networking and network security platform Aviatrix has raised $200m in a growth funding round led by TCV.

Background check platform Veremark extends seed round by $2.8m

Veremark, which conducts pre-employment background checks, has reportedly raised $2.8m in an extension to its seed round.

UK financial watchdog issues fresh warnings on crypto risks after Kimmie K’s Insta post

UK watchdog Financial Conduct Authority (FCA) has fired a warning shot at the cryptocurrency industry, signalling it could soon come under greater regulatory scrutiny.

Invidem launches KYC services in the Nordics

Invidem has launched its platform, which collects and verifies KYC information for corporate customers, in the Nordics.

Databricks reaches colossal $36bn valuation after Series H close

Data management company Databricks has raised a colossal $1.6bn in funding, upping its valuation to an eyewatering $38bn.
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