Tag: Fintech

Here you will find all the articles with the tag: Fintech.

Fenergo acquires fintech specialist Sentinels

Fenergo acquires fintech specialist Sentinels

Fenergo, an Irish cloud-based financial software specialist, recently acquired Sentinels. Sentinels operates in the Netherlands and specializes in fintech transactions. The acquisition allows Sentinels to grow and meet customer expectations. Sentinels' platform detects and stops criminal transa... Read more

date2 years ago
Salt Security discovers major API vulnerability in fintech platform

Salt Security discovers major API vulnerability in fintech platform

Salt Security discovered a major API vulnerability in a widely used US fintech platform. The identity of the platform is not disclosed. Security researchers gained unauthorised access to potentially steal financial and transactional data. The vulnerability is categorized as Server-Side Request ... Read more

date2 years ago
EU tech unicorns grew at a much faster rate

EU tech unicorns grew at a much faster rate

According to a recent analysis from i5invest, an Austrian IT M&A international consulting and investment organization, European tech companies are pulling ahead in terms of new tech unicorns created. In 2021, 85 new digital businesses with a capitalization of $1 billion or more were founded ... Read more

date2 years ago
Fintech firms in the UK increased their funding sevenfold in 2021

Fintech firms in the UK increased their funding sevenfold in 2021

KPMG reveals that financial tech firms in the UK received seven times more investment in 2021 than in 2020. That jump saw the total reach $37.3 billion, representing a bigger fintech investment than Europe, the Middle East, and Africa combined. The rise was pushed up by 601 deals finalized in th... Read more

date2 years ago
Danish Banking Circle acquires young fintech startup Biller

Danish Banking Circle acquires young fintech startup Biller

Denmark's Banking Circle recently acquired Biller, a young Dutch fintech company. The startup offers a platform that allows businesses to make purchases based on invoices. Biller was founded six months ago. The acquisition provides Banking Circle with a fintech platform for so-called buy-now-pay... Read more

date2 years ago
BCB Group bring in $60 million for expansion in Europe

BCB Group bring in $60 million for expansion in Europe

The BCB Group is making strides in the Crypto market and has secured $60 million in funding for its expansion into Europe. BCB Group is a London-based digital asset technology provider. They recently closed off their series A funding amassing $60 million to expand into the European market. Th... Read more

date2 years ago
France-based Fintech Qonto nears 5 billion dollars valuation

France-based Fintech Qonto nears 5 billion dollars valuation

Qonto is close to a 5-billion-dollar net-worth after recent fundraising, signaling the rise of fintech in France. Qonto, an online bank in France, primarily for SMEs, announced on Tuesday that it raised almost 490 million euros in funding, boosting its overall valuation to approximately 4.5 bill... Read more

date2 years ago
Alkami announces IPO, SoftBank investing big in AutoStore

Alkami announces IPO, SoftBank investing big in AutoStore

Fintech company Alkami has announced its intention to go public. The company expects to raise 150 million dollars. In other financial news, SoftBank has bought a 40 percent stake in robotics company AutoStore. Alkami expects its shares to be worth between 22 and 25 dollars each. This corresponds... Read more

date3 years ago
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