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.
The UK should follow Gibraltar’s lead on crypto regulation
Recent advancements in market regulation for cryptos is an encouraging sign; however, more legislation is needed to add additional safeguards, according to Obi Nwosu, CEO and co-founded of Coinfloor.
Cinnober partners with BitGo for crypto exchange offering
Cinnober is partnering with virtual currency processor and security specialist BitGo.
LendInvest partners with RegTech 100 company Onfido
LendInvest, the UK’s largest marketplace platform for mortgages, has partnered with RegTech 100 company Onido.
AI, machine learning and blockchain will shape the future of cybersecurity
Machine learning, AI and blockchain can drive cybersecurity forward; however, more investment and urgency is needed in Europe, according to a panel at the Global RegTech Summit.
Lightspeed raises India-focused fund, hot on the heels of a $1.8bn fundraise
Lightspeed Venture Partners has raised its second India-focused fund, days after the firm closed a pair of funds with a combined capital pool of $1.8bn.
