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A joint report from J.P Morgan and Oliver Wyman has predicted up to $100bn annually could be saved in transaction costs through a central bank digital currency (CBDC) network.
Cloud security platform Menlo Security has closed its Series E round on $100m, bringing its enterprise valuation up to $800m.
Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.
Treasury management platform Kyriba has launched a new service through J.P. Morgan’s API which enables clients of both platforms to send real-time payments in the US.
Cybersecurity company Illumio has raised $65m in its Series E round which was led by clients advised by J.P. Morgan Asset Management.
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