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Quantum computing cybersecurity platform evolutionQ scores Series A

Canada-based quantum-safe cybersecurity product developer evolutionQ has raised $5.5m in its Series A funding round.

Cyber insurance startup Baobab nets pre-seed

Baobab, which bundles cybersecurity and cyber insurance services, has reportedly collected €3.5m in its pre-seed funding round.

N26 pays €4.5m fine for delays to reporting suspicious activity

Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.

WebID secures majority investment from private equity firm

Digital identification technology developer WebID has received a majority investment from AnaCap, a mid-market private equity firm.

Private equity firm sells Utimaco Verwaltungs

Private equity firm EQT has sold Utimaco Verwaltungs, a developer of cybersecurity solution, to alternative asset manager SGT Capital.

Deutsche Bank bolsters Asia presence with Singapore ESG centre

Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.

Apiax said to secure funding to support its move into Germany

Digital compliance platform Apiax has reportedly received an investment from the Futury Regio Growth Fund to help its move into Germany.

Germany-based RegTech startup Sawayo bags €1.5m in seed funding

Sawayo, which is building a SaaS compliance and workflow automation platform, has bagged €1.5m in seed funding.

Ondato secures $2m raise to fuel European expansion

Lithuanian identity verification company Ondato has scored $2m in seed capital to fuel its continued European growth, which has been powered by Covid-19.

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.
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