RegTech

FTV Capital backs RegTech, cybersecurity business A-LIGN

Growth equity house FTV Capital has backed cybersecurity and regulatory compliance provider A-LIGN with a $54.5m investment.

NetGuardians becomes certified Avaloq software partner

RegTech 100 company NetGuardians has become an Avaloq certified software partner for real-time fraud prevention.

Open banking platform Railsbank wins €100,000 VC award

Railsbank, a UK-based open banking and RegTech platform, has won a €100,000 venture capital award.

BridgeX Network partners with traceto.io

Traceto.io, a subsidiary of RegTech 100 company Cynopsis Solutions, has partnered with BridgeX Network.

EBA slams Malta for anti-money laundering shortcomings

The European Banking Authority has accused Malta of ‘general and systematic shortcomings’ in its application of EU anti-money laundering rules.

Glasswing Ventures raises $112m for debut VC fund

Glasswing Ventures has raised $112m for the close of its debut VC fund, making it the largest AI-focused vehicle on the US East Coast according to the firm.

Metro Bank launches new developer portal

Metro Bank is looking to take advantage of PSD2 and Open Banking by launching a new developer portal.

Scale targets ‘Cloud x AI’ with new $400m fund

Scale Venture Partners has raised $400m to back software companies that are creating the future of work.

Accuity buys Safe Banking Systems

Accuity has purchased Safe Banking Systems (SBS), a provider of Know Your Customer due diligence and anti-money laundering solutions.

France-based Fundvisory raises €1.8m from Aviva, Macif

Robo-advisory startup Fundvisory has raised €1.8m from Aviva France and Macif Group, to accelerate the development of digital savings in France.

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