RegTech

Data security platform Sotero has raised $8m in a seed extension round, which brings the round’s total to $13m.

IDEX Biometrics has launched its first biometric payment cards in Turkey in collaboration with an unnamed issuer.

Aspire, a platform designed to help a businesses with their financial needs, has partnered with RegTech provider Know Your Customer, to facilitate access to its financial products to underserved SMEs and entrepreneurs across Southeast Asia.

It is no secret that regulators around the world are becoming increasingly tougher on financial services companies. There is an unrelenting level of regulation being drafted and fines are hitting eyewatering sums. A report from Finbold pegged fines for non-compliance with AML, KYC and data privacy regulations at a total of €12bn in 2020.

Thales, which has positioned itself as a European leader in cyber security and worldwide leader in data protection, has acquired customer identity platform OneWelcome for €100m.

OS-Climate, a non-profit organisation providing open-source data and software tools to support climate-aligned finance and investing, has launched three analytic tools. Its new tools, Physical...

Anvilogic, a modern Security Operations Platform that brings a cloud-based security data lake to life, has raised $25m in Series B funding.

ZEDEDA, which provides a scalable cloud-based orchestration solution that delivers visibility, control and security for distributed edge computing, has raised $26m in Series B funding.

Fonoa, which helps automate tax processes, has closed its Series B funding round as it looks to expand its global tax solutions.

Real-time payments software ACI Worldwide has extended its partnership with IR, a performance management and analytics platform for payment ecosystems.