Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
FCA allows Wirecard to resume operational activities
Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.
Identity fraud fighting startup ubble raises €10m in seed round
French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.
Telegram forced to return $1.2bn to investors that backed its cryptocurrency project and pay...
Telegram's battle with the American authorities has ended with the social media app agreeing to pay back all the proceeds made from its cryptocurrency project and to pay a hefty fine.
ClauseMatch grows the team in the US and signs two North American clients
Compliance tech company ClauseMatch has launched a new office in New York in response to demand from US companies and international clients operating in the country.
Derivative Path closes a $35m investment from FTV Capital
Derivative Path, a capital markets FinTech platform, has secured $35m in a growth equity funding, which was supplied by FTV Capital.
FCA orders Wirecard UK to cease all activity as the scandal moves into second...
The collapse of German payment giant Wirecard has taken another turn as the UK's Financial Conduct Authority (FCA) has ordered the FinTech's British branch to cease all regulated activities.
SQream closes its Series B+ funding round on $39.4m
Data analytics platform SQream has closed its Series B+ round on $39.4m, with Mangrove Capital Partners and Schusterman Family Investments leading the round.
Immuta secures $40m in its funding round led by Intel Capital
Immuta, an automated data governance platform, has closed its latest funding round on $40m, with its goal of growing its position in the market.
CardWorks and Ally Financial pull the plug on merger because of Covid-19
Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.
