Monday, October 22, 2018
BANKING & ENTERPRISE TECH

BANKING & ENTERPRISE TECH

Business bank account Penta nets €7m to support team expansion

German business bank account Penta has netted €7m in a new investment round, to support expansion of its team. Read more: fintech.global

Factorial collects €2.8m through new funding line

Factorial, a HR and employee benefits supplier, has collected €2.8m through a new financing round. Read more: fintech.global

Growth of the gig economy comes with a cybersecurity threat

The UK currently has around 2 million freelancers, and in the coming years the number of gig economy workers is forecasted to continue its meteoric rise. Read more: www.consultancy.uk

Total Expert completes $20m Series B to accelerate marketing development

Total Expert, a platform helping lenders and banks improve revenue lines, has secured $20m in its Series B round. Read more: fintech.global

SVB on omnichannel security

Nick Shevelyov, chief security officer at Silicon Valley Bank, says FIs can no longer expect, or hope, to stop every incoming cyberattack Read more: www.pymnts.com

The Riverside Company sells stake in BeneSys

Private equity firm The Riverside Company has sold its stake in third-party administration (TPA) service provider BeneSys. Read more: fintech.global

Clearmatics secures $12m Series A led by Route 66

Clearmatics, a solution helping to automate business processes, has secured $12m in a Series A round Read more: fintech.global

WEX, Payment Logic to implement robotic process automation

US-based corporate payment solutions provider WEX has teamed with FinTech Payment Logic to automate car registration renewal for businesses in Australia. Read more: www.thepaypers.com

KKR, Tencent make $175m deal for minority stake in Voyager Innovations

KKR and Tencent Holdings has acquired a minority stake in the FinTech innovation arm of telecommunications and digital services provider PLDT. Read more: fintech.global

Key strategies for effective digitalization in banks

Digitalisation is a broad term that connotes the use of electronic means and ways to Read more: www.finextra.com