Tag: AI
Advance.AI said to raise $50m in Series B+
China-based anti-fraud solution Advance.AI has reportedly collected $50m in its Series B+ round.
PINTEC said to file for $70m IPO on NASDAQ
PINTEC, a FinTech solution developer, has reportedly filed a $70m IPO on the Nasdaq.
AI, machine learning and blockchain will shape the future of cybersecurity
Machine learning, AI and blockchain can drive cybersecurity forward; however, more investment and urgency is needed in Europe, according to a panel at the Global RegTech Summit.
ThetaRay collects $30m to fight financial crime
ThetaRay, which uses AI and big data to prevent financial crime, has completed a fund-raising round of over $30m.
Balbix brings in $20m to predict cyber attacks
Balbix, a San Jose, California-based company using AI to prevent high-profile cybersecurity disasters, has raised $20m.
UK ‘deeptech’ specialist IQ Capital hits £92m Fund III first close
Deeptech-focused UK venture capital firm IQ Capital has hit a £92m first close for its third fund targeting the sector.
Just having new technology is not enough to receive funding
A RegTech company needs to go beyond the buzz of a new technology and has to really help financial institutions, according to a panel at the Global RegTech Summit 2018.
KPMG forms cybersecurity alliance with Cylance
Cylance, a cybersecurity company leveraging AI and machine learning to provide threat prevention, has formed an alliance with KPMG.
Luge looks to back FinTech & AI solutions with $75m fund
Luge Capital is looking for early-stage FinTech companies and artificial intelligence (AI) solutions applied to financial services following its $75m financing.
Blockchain and AI startup Xain reels in funding
XAIN, which develops a cybersecurity protocol to allow control access to data and resources in the IoT, has raised around €6m in Seed funding.