Tag: RegTech

Cybersecurity-focused VC AllegisCyber has raised $199m for its second cyber innovation partners fund.

Finantix, a software builder for banking, wealth and insurance industries, has named Tim Wood as its new chief financial officer.

Auth0 has raised $103m in its Series E funding round led by Sapphire Ventures, giving the Washington-based Identity-as-a-Service platform a valuation of more than $1bn.

When investing into RegTechs, it is essential to find companies with technological expertise but also in-depth understandings of financial institutions’ processes and complexity, according to Astrid Freier CEO and co-founder Reg Tech Berlin.

Identity verification start-up Onfido has teamed-up with mobility-as-a-service platform Drover to power its ID verification processes.

Munich based cleversoft group has bought fellow RegTech solution provider SecondFloor.

Investcorp is set to exit SecureLink in a deal with telecoms group Orange, which values the cybersecurity service provider at in €515m.

Identity verification platform Jumio has strengthened its partnership with challenger bank Monzo by singing a new multi-year agreement.

Mercury Payment Services and Arion Bank have integrated Fiserv to help them streamline their AML processes and fraud risk management.

The Global Financial Innovation Network (GFIN) has revealed the eight FinTech companies it will continue working with in the cross-border testing pilot.