German regulator boss sacked over Wirecard transactions

Head of German audit regulator Apas has been dismissed with immediate effect after disclosing that he'd been trading with Wirecard stocks when the company was being audited earlier in 2020.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Tink adds €85m in investment round extension

Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.

Mastercard and Visa pull out of Pornhub after abuse allegations

Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.

Theta Lake bolsters leadership team as the RegTech is set on scaling the business

Collaboration security and compliance technology company Theta Lake has added an award-winning cybersecurity executive to its board of directors and two security industry leaders to its roster of advisors.

Sysnet acquires Viking Cloud to strengthen its cybersecurity offering

Cybersecurity company Sysnet Global Solutions has acquired Viking Cloud to further enhance its technology platform and accelerate its market expansion plans.

Revealing the four new digital banks allowed to operate in Singapore

After a year waiting, Singapore's central bank has finally revealed which four companies will be allowed to open digital banks in the country.

What do these 28 FinTech rounds from last week reveal about the industry

Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.

Hackers demand $1m from insurer Shirbit to keep compromised client data private

Hacking group Black Shadow has demanded to be paid almost $1m to keep the customer data it stole from Israeli insurance company Shirbit private.

Absa reveals customers’ data compromised in cyber breach

South Africa-based bank Absa has suffered a security breach that compromised personal data about customers.
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