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.
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.
ID verification platform provider Persona inks $50m to build its personalised solution
San Francisco-based identity infrastructure company Persona nabbed $50m in a Series B funding round led by Index Ventures with participation from existing investor Coatue.
Fintecture said to raised €6.2m in seed funding
Fintecture, which aims to make instant payments safer and cheaper, has reportedly collected €6.2m in its seed round.
Secret Network scores $11.5m to further develop DeFi and NFTs with privacy protection
Privacy-enabled blockchain firm Secret Network witnessed a slew of well-known organisations who invested in SCRT, the native coin of the Secret Community blockchain, totalling $11.5m.
AutoRek names Omnio as its latest client
Data management platform AutoRek has named Omnio as its latest digital banking and payments client.
TerraTrue said to raise $15m in its Series A
Privacy platform TerraTrue has reportedly collected $15m in its Series A funding round.
Keeper Tax nets $13m to support build out of its tax platform for gig...
Keeper Tax, a tax filing software platform for gig workers, creators and freelancers, has closed its Series A round on $13m.
FCA publishes proposals to bolster financial promotion rules for high-risk investments
The UK’s Financial Conduct Authority has published proposals to bolster its financial promotion rules for high-risk investments in a bid to help retail investors make better decisions.
The European Banking Authority proposes changes to liquidity reporting
The European Banking Authority (EBA) has launched a public consultation on how to improve proportionality in liquidity reporting.