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SteelEye bags £5.7m in Illuminate Financial led round

UK RegTech SteelEye has raised £5.7m in a Seed funding round led by FinTech-focused VC Illuminate Financial.

Bearingpoint partners with IBM to launch RegTech offering

RegTech start-up BearingPoint has partnered with tech major IBM to launch a business process outsourcing product.

Nigerian central bank reveals FinTech licensing plans

The Central Bank of Nigeria has unveiled plans for a new licensing regime for FinTechs operating in the country. The central bank issued a draft...

RegTech software pioneer LPA follows recent growth with Motive Partners backing

Financial services tech investor Motive Partners has agreed a deal for a controlling interest in Germany’s LPA. The business, which was founded in 1999, develops...

FinTech-focused SGVC pulls in $51m for Fund III

SGVC has raised $51m for the final close of its oversubscribed third vehicle set to back Silicon Valley FinTechs.

Know Your Customer partners with HK-based FinTech

RegTech100 company Know Your Customer has partnered with Hong Kong-based FinTech company Neat.

AML regulations & data protection procedures are blocking FinTech development

The biggest regulatory obstacles blocking the development of FinTech across the EU are prudential rules, AML regulations and data protection procedures, according to new research.

SEC launches FinTech hub to engage with startups

The U.S. Securities and Exchange Commission has launched a new hub to engage with companies using blockchain, artificial intelligence and Cryptocurrencies, among others

PerfOps secures PLN 2m ($536,000) in round led by Finch Capital

PerfOps, a data and analytics platform, has secured PLN 2m ($536,000) in its Seed round.

Consumer rights groups oppose CFPB’s sandbox plans

Consumer rights groups in the US have opposed a proposal by the Consumer Financial Protection Bureau to create a regulatory sandbox.

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