Deal Updates

Deal Updates

Wirecard has asked KPMG to audit its accounting practices after facing fraud allegations

German payments company Wirecard is wrestling with fraud allegations after an expose in the Financial Times. It has now enlisted the services of KPMG to go over its accounting practices.

Invoca secures $56m in funding to support product development

Call tracking and conversation analytics platform Invoca has secured $56m in a new funding round.

European and Australian regulators agree to collaborate to bring about greater equivalence

Two financial market regulators in the EU and in Australia have signed a memorandum of understanding regarding Australian benchmarks.

Cybersecurity solution Corelight scores $50m in Series C

Corelight, a network traffic analysis solution for cybersecurity, has scored an additional $50m in its Series C.

Malaysian officials consider harsher punishments against hackers and companies failing to protect customers’ data

Hack attacks are on the rise in Malaysia. Now the country’s lawmakers are considering taking off the kid gloves towards both criminals and the companies neglecting to protect their clients.

Customers were unable to access Microsoft Azure after facing multi-factor authentication issues

On Friday, Microsoft confirmed that several of its users had been locked out of their services because of an unknown glitch in its multi-factor authentication solution.

Why have the complaints received by the FCA increased?

New figures from the UK’s top financial market regulator reveals more people have complained the number of complained jumped from 3.91 million in the last six months of 2018 to 4.29 million in the first half of 2019.

Irish 19-year-old founder behind cybersecurity startup raise $3.2m in round led by Sequoia

Evervault, the Dublin-based cybersecurity startup, has raised $3.2m in a seed round led by Sequoia Capital, the venture capital firm.

Phy Capital Investment CEO slammed with $17.2m fine after committing commodities fraud

Fabio Bretas de Freitas, CEO of Phy Capital Investments, the investment management firm, has been ordered to pay up $17.2m for essentially running a Ponzi scheme.

Challenger bank Chime’s service outage leads to users speculating about a potential hack

Chime, the US online-only bank, has suffered a severe service outage that left millions of customers without access to their money.
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