RegTech

Drata nets $25m in its Series A just months after launching from stealth

Security and compliance platform Drata has netted $25m in its Series A round, which was led by GGV Capital.

Japanese report offers recommendations on promoting sustainable finance

A report by a panel set up by Japan’s Financial Services Agency (FSA) has provided recommendations on how to promote sustainable finance in the country.

Kinectify teams with SCCG Management to bring AML and KYC to gaming

RegTech company Kinectify hopes to bring improved KYC and AML to the gaming industry through its new partnership with SCCG Management.

Hawk AI secures $10m in its Series A as it eyes international expansion

Hawk AI, an AI-powered anti-fraud solution, has closed its Series A on $10m, which it hopes will foster its international growth.

Kovrr to team up with MAPFRE RE to support cyber risk management

Cyber risk modelling company Kovrr will deploy its technology into reinsurance firm MAPFRE RE, as part of a new deal.

Transmit Security raises “largest Series A round in cybersecurity history” to boost passwordless adoption

With a mission to get rid of passwords, Transmit Security raised a massive $543m in Series A funding at $2.2bn pre-money valuation, touting it as the largest Series A investment in cybersecurity history and one of the highest valuations for a bootstrapped company.

Palturai closes €4m Series A to support the expansion of its tool suite

RegTech company Palturai has closed a €4m Series A funding round as the company continues its growth efforts of the past year, which included new offices in Austria and the US.

Study finds AML compliance costing UK firms over £28bn a year

A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.

Cyber firm SentinelOne eyes IPO price as it gears up for offering

Cybersecurity firm SentinelOne has revealed it intends to raise up to $928m on its initial public offering (IPO) as it anticipates an IPO price range of between $26 to $29 per share.

CyberSmart scores $10m in its oversubscribed Series A round

Automated cybersecurity platform CyberSmart has scored $10m in its oversubscribed Series A funding round, which will help its global expansion efforts.

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