FinTech

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The fine addresses issues with customer verification processes.Revolut has pledged to improve...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...
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Morressier: Raises $18M in Series A Funding

Morressier, a Berlin, Germany-based virtual conference and publishing platform for the scientific community, raised $18M in Series A funding The round was led...

Lyst: Raises £60M in Funding

Lyst, a London, UK-based fashion shopping platform, raised $85m in funding Backers included Fidelity International, Novator Capital, Giano Capital and C4 Ventures, and...

Cisco: Acquires Kenna Security

Cisco (Nasdaq: CSCO) is to acquire Kenna Security, a Santa Clara, CA-based provider of a risk-based vulnerability management platform The amount of the...

Maison Sport: Raises £1.25M in Funding

Maison Sport, a London, UK-based ski instructor marketplace, raised £1.25m in funding Backers included Kevin Byrne, Lorenz Bogaert, Gareth Williams, and other backers...

Atlanta Fed: Partner Rework America Alliance Launches Local Collaborations

The Federal Reserve Bank of Atlanta one of 12 regional Reserve Banks that, along with the Board of Governors, make up the Federal Reserve...

Millennium Services Group: Appoints new CEO

Millennium Services Group (MIL) has appointed a Scott Alomes as CEO following the resignation of its CEO and Managing Director Exiting CEO and...

Cisco: Acquires Sedonasys Systems

Cisco is to acquire Sedonasys Systems Ltd, a Ramat Gan, Israel-based platform that automatically discovers the optical and IP layers of Service...

Walmart Health: To Buy MeMD

Walmart Inc. (NYSE: WMT)’s Walmart Health is to acquire MeMD, a multi-specialty telehealth provider The amount of the deal, which issubject to regulatory...

Panaseer: Raises $26.5M in Series B Funding

Panaseer, a London, UK- and NYC-based Continuous Controls Monitoring platform for enterprise security, secured $26.5m in series B funding The round, which brought...
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