How Rishi Sunak’s budget will impact SMEs in the FinTech sector
Delivering his second budget as the chancellor of the exchequer, Rishi Sunak promised to do “whatever it takes” to protect the UK economy from the aftereffects of Covid-19.
The UK increases the contactless payments cap to £100
The UK’s Financial Conduct Authority (FCA) has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.
NALA Money partners with identity verification platform Veriff
Tanzania-based NALA Money has partnered with global identity verification provider Veriff to improve secure access to financial services.
Greensill on the brink of collapse after Credit Suisse and SoftBank freeze funds
Greensill Capital, a supply chain finance firm backed by SoftBank and advised by former prime minister David Cameron, is preparing for insolvency within days.
Identity validation network Identiq closes Series A on $47m
Identiq, an anonymous identity validation network, has closed its Series A round on $47m to accelerate growth.
European Banking Authority publishes opinion on risks of money laundering and terrorist financing
The European Banking Authority (EBA) has outlined the risks of money laundering and terrorist financing impacting the European Union’s financial sector.
Providence Equity Partners acquires Node4 from Bowmark Captial
UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.
seedata.io said to close £120,000 in pre-seed funding
Cybersecurity company seedata.io has reportedly raised £120,000 in pre-seed funding to help bring its platform to market.
Capnamic Ventures sells stake in Statice to PwC Germany
Capnamic Ventures has sold its shares in data privacy company Statice to PwC Germany.
How Castlepoint Systems leveraged the pandemic to change the world
Despite the Covid-19 crisis, Castlepoint Systems has managed to grow and is now gearing up to tackle data compliance issues around the world.