Middesk nets $4m in seed round led by Accel
Business verification and risk assessment platform Middesk has netted $4m in its seed funding round led by Accel Partners.
Software developer Element AI bags $150m in its Series B round
Element AI, a developer of AI-powered solutions for financial services and cybersecurity, has bagged CAD $200m ($150m) in its Series B.
The capital injection was...
French finance minister warns that Facebook’s Libra project would put an end to states’...
Bruno Le Marie, France’s finance minister, said on Thursday that Facebook’s upcoming cryptocurrency Libra should be stopped as it put “the monetary sovereignty of states [in] jeopardy.”
Nearly half of UK consumers likely to abandon multi-step authentication processes – Forter claims
Nearly half of UK consumers are likely to abandon future purchases if they are faced with a multi-step authentication process, a study from Forter claims.
Margrethe Vestager flags for potentially stricter EU data rules
Margrethe Vestager, the European commissioner for competition, is not slowing down and is now looking to create even stricter data rules.
New Australian senate committee launched to investigate FinTech and RegTech industries
The Australian senate is creating a select committee to examine issues like open banking as well as policy settings for the FinTech and RegTech sectors.
Kovrr secures $5.5m in financing to support global growth
Kovrr, a cyber risk modelling company, has secured $5.5m in a financing round which will foster the startup’s global growth.
The Swedish Financial Supervisory Authority grants neobank Northmill Swedish banking licence
Having nabbed a Swedish banking licence, neobank Nortmill is gearing up to add saving accounts, cards and payments transfer to its existing customer offering in the near future.
Cloud security company Lacework raises $42m in funding round
Lacework, a cloud security platform, has raised $42m in funding round Sutter Hill Ventures and Liberty Global Ventures.
Shape Security closes funding round which sees it join the unicorn club
Bot and online fraud mitigation platform Shape Security has raised $51m in a new growth funding round, which brings its valuation to $1bn.
