FinTech

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept cash payments.Legislation aims to ensure access for all customers.Fines imposed for...

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...

HSBC Appoints First Chief AI Officer, Strengthening AI Leadership

The bank aims to enhance its AI strategy and innovation.Highlights: HSBC names its first Chief AI Officer to...

Revolut Reports Surging Profits as Growth Accelerates

The financial technology firm sees significant profit increases in its latest report.Highlights: Revolut's profits surged significantly in the...

SumUp Strengthens Merchant Services with In-App Investing Feature

The new feature aims to enhance financial flexibility for merchant clients.Highlights: SumUp introduces in-app investing for merchant clients.The...
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Vmoto: Anticipates $3.4M profit for FY20

Vmoto (VMT) has managed to accelerate its profits, announcing an expected net profit after tax (NPAT) of up to $3.4 million in FY20 ...

Perigee: Raises $1.5M in First Funding

Perigee, a Boston, MA-based cybersecurity company, raised $1.5M in its first funding The round was led by Outsiders Fund’s Austin McChord and Teddy...

Indico: Raises $22M in Series B Funding

Indico, a Boston, MA-based provider of enterprise AI solutions for intelligent process automation, raised $22m in series B funding The round, which brought...

Noema Pharma: Raises CHF54M in Series A Financing

Noema Pharma AG, a Basel, Switzerland-based clinical-stage company targeting orphan neurological disorders, raised a Series A financing round, raising CHF54m ($59m USD) The...

Bestow: Raises $70M in Series C Funding

Bestow, a Dallas, TX-based life insurance company, raised $70m in Series C funding Backers included Breyer Capital, Valar Ventures, New Enterprise Associates, Core...

Passport: Raises $12M in Series A Funding

Passport, a San Francisco, CA-based parcel supply chain network, raised $12M in Series A funding The round led by M13 with participation from...

Very Good Security: Raises $60M in Series C Funding

Very Good Security, a San Francisco, CA-based standard for data security, compliance, and custodianship company, raised $60m in Series C funding The round...

Vivace Therapeutics: Raises $30M in Series C Financing

Vivace Therapeutics, Inc., a San Mateo, CA-based small molecule discovery and development company, closed a $30m Series C financing The round was led...

Aceable: Raises $50M in Growth Funding

Aceable, an Austin, TX-based mobile-first education platform, closed a $50m growth investment The round led by private equity firm HGGC The company intends...
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