RegTech

CyberTech100 company Mitiga said to raise $7m in its seed round

Cloud incident readiness and response software solution Mitiga has reportedly bagged $7m in its seed round.

German regulator BaFin sued by Wirecard investors

Wirecard investors are suing the German regulator BaFin for allegedly having turned a blind eye against the evidence that things weren't what they should've been at the collapsed FinTech.

The UK’s FCA updates its Financial Services Register

The UK’s Financial Conduct Authority (FCA) has updated its Financial Services Register to improve consumer protection.

Alior Bank to verify digital identities through Onfido

Polish universal bank Alior Bank is leveraging Onfido’s technology to streamline its digital identity verification, through a new deal.

32 rounds raised in the last week that could add some optimism despite Covid-19

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

SignD closes €1m investment to bolster international growth efforts

Austrian RegTech platform SignD Identity has closed a €1m investment which will help it to bolster its international sales and marketing efforts.

Bundesbank president calls for tougher rules to prevent another Wirecard scandal

Jens Weidmann, president of Bundesbank, has called for German regulators to toughen up its auditing and accounting rules or risk facing another Wirecard scandal.

Cybersecurity company CyCognito closes its Series B on $30m

CyCognito, a cybersecurity solution that can uncover and prioritise risk from attacker-exposed systems, has closed its Series B round on $30m.

RegTech platform Quantexa scored $64.7m in its Series C round

Quantexa, a contextual intelligence software company, has bagged $64.7m in its Series C round, which will help it move into new markets.

RegTech deals worth over $50m rose to record levels in H1

Investors pour increasing amount of capital into RegTech companies as the share of deals over $50m nearly doubles since 2018.

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