USA
UBS and Goldman Sachs Invest into Regtech Company Droit
Droit, a New York based technology firm at the forefront of computational law and regulation, announced it has closed a $23 million Series B investment in its latest funding round. The round was led by Pivot Investment Partners and UBS
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OneSpan Inks Deal to Acquire Aussie Blockchain Tech Provider ProvenDB
Cybersecurity technology company OneSpan has inked a deal to acquire Australia-based blockchain technology provider ProvenDB for an undisclosed sum. The transaction is anticipated to close during the first quarter of 2023 and is subject to customary closing conditions. Through this
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Worldpay: FIS Announces Plans to Spin off Merchant Business
FIS announced plans to pursue a tax-free spin-off of its Merchant Solutions business to strengthen its strategic and operational focus, capitalize on growth opportunities and unlock shareholder value. The two companies expect to maintain a strong commercial relationship, preserving a
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Jumio Makes New Sales Leadership Appointments to Drive Growth
Jumio, a US-based provider of automated, end-to-end identity proofing, risk assessment and eKYC solutions, has appointed Jon Jones as the company’s new Senior Vice President of Worldwide Sales. With more than 25 years of experience in the fraud and identity
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DailyPay Announces $260 Million in New Funding
DailyPay announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan
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US Fraud Detection Startup Inscribe Raised 25M USD Series B
Inscribe, a fraud detection and document automation platform, announced that it has raised $25M in Series B funding. The round was led by Threshold Ventures and joined by existing investors Crosslink Capital, Foundry, and Uncork Capital, as well as angel
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PayEm Announces $220M in Equity and Credit Financing
PayEm, a San Francisco based platform for spend and procurement management announced $220 million in equity and credit financing from Viola Credit, Mitsubishi Financial Group, Collaborative Fund and others to fuel its growth. “This is a significant milestone in the
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With an Estimated US$800B in Payments Processed Annually, Apple Has Become a Key Actor in the Global Fintech Scene
In 2022, Apple controlled an estimated US$800 billion worth of payments, making the American technology company a significant fintech player globally, a new report by Flagship Advisory Partners, a boutique consultancy and mergers and acquisitions advisory firm from the Netherlands,
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Robinhood Launches New Media Outlet Sherwood Media
Digital investment platform Robinhood is launching a new media arm called Sherwood Media, which will cover the markets, economics, business, technology and the culture of money, the company said last week. The fintech firm joins the growing list of companies that
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Jumio Surpassed US$200 Million in Bookings Last Year
Online mobile payments and identity verification company Jumio announced that it had cleared over US$200 million in bookings last year. Jumio also reported that it had closed both the largest new deal and the largest total deal in the company’s
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