Investments|Sector Updates

Investments|Sector Updates

TrueLayer bags $70m Series D to accelerate open banking network development

UK-based open banking platform TrueLayer has closed a Series D investment round and secured $70m in capital funding.

Why small businesses need to take cybersecurity and cyber insurance seriously

While small businesses might feel they are too small to be a victim of a cyber-attack, that is not the case and cyber insurance should no longer be seen as a luxury.

Salesforce and Microsoft veterans launch data compliance automation firm Ketch with $23m in funding

Ketch officially comes out of stealth with a $23m Series A funding round with the aim to automate data compliance for businesses. The round included...

Jumio raises $150m to grow its digital ID verification service

Digital ID provider Jumio secured $150m from private equity firm Great Hill Partners.

Fraud detection platform Feedzai forays into the unicorn club after $200m round

AI-based fraud detection firm Feedzai has landed a $200m round of funding with a valuation of over $1bn.

Big data analytics startup Dataminr closes $475m round at $4.1bn valuation

NYC-based real-time information discovery company, Dataminr closed a $475m financing round at a $4.1bn valuation.

Snyk reaches $4.7bn valuation after new $300m funding round

Cybersecurity company Snyk closed a $300m funding round taking its valuation to $4.7bn.

Privacera bags $50m in Series B round to help companies automate compliance and security

California-based cloud data governance and security company, Privacera secured $50m in Series B funding round led by Insight Partners.

Financial regulation firm AutoRek to boost global growth after undisclosed funding from SEP

Scottish FinTech company, AutoRek secured a significant equity growth investment from private equity firm Scottish Equity Partners (SEP).

Baker Tilly and Socure team up to audit an Intelligent KYC solution for FinTechs

Identity verification firm Socure and Baker Tilly completed an audit of Socure’s Intelligent KYC solution aiming to boost its product accuracy verification and regulatory compliance.

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