Forter cements unicorn status on the back of $125m Series E round
Fraud fighting RegTech Forter has raised $125m in Series E funding and has achieved a $1.3bn valuation in the process.
Lanistar not authorised to operate in the UK – City watchdog warns
Influencer and Mastercard-backed FinTech Lanistar is not allowed to operate in the UK, the Financial Conduct Authority has warned.
Santander is buying Wirecard’s core business in €100m deal
Another chapter in disgraced FinTech venture Wirecard’s collapse has come to an end with Santander buying the German company’s core business in a deal worth roughly €100m.
Trustly taps Napier to help with compliance
Swedish FinTech Trustly is experiencing a growth spurt, having recently picked up a cash injection from BlackRock and expanding to Australia and Canada. It has now tapped Napier to ensure it can maintain the growth in a compliant way.
What will Brexit mean for UK FinTech and RegTech?
The UK is home to one of the world's most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk.
Why is Pablo Escobar’s brother suing Klarna?
A Columbian drug lord's brother and the biggest privately-owned FinTech in Europe could be heading towards a legal battle threatening to delay Klarna's public listing.
Neobanks and InsurTech startups among the 23 FinTechs raising money last week
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week. But RegTech is seemingly trailing behind.
WhatsApp given the green light to operate as a payment service in India
Indian regulators has given WhatsApp a thumbs up, allowing the Facebook-owned app to operate as a payment service in the country.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
Chinese regulators halt Ant’s IPO
The Ant Technology Group's public listing was expected to be the biggest IPO ever, but now Chinese regulators have suspended the stock market debut.