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ZeroFOX Notches $74M To Tackle Cyberattacks

PYMNTS

Cybersecurity firm ZeroFOX closed a $74 million funding round led by Intel Capital that will be used to advance cyberattack detection and remediation, VentureBeat reported on Thursday (Feb. Existing investors NEA, Highland Capital Partners, Redline Capital Management, Hercules Capital and Core Capital also participated in the funding round.

Baltimore 130
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DEMOvation Finalists for Bank Innovation 2016 Announced

Bank Innovation

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

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WeTravel Lands Seed Money For Entrepreneurial Travel Organizers

PYMNTS

WeTravel launched in 2016 as a payment platform to help enterprising travelers and small travel companies collect money when they organize their own travel itineraries for friends or other groups. The platform then enables them to collect payments for that trip and promote it on social media, email and other channels.

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2016 Innovators to Watch: 1 to 5

Bank Innovation

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

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The open banking opportunity

Accenture

We know almost US$1 billion was invested in PSD2-enabled services in 2016, up 200 percent from the year before¹. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. So why not?

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Best New Financial Apps 2016, The List

Bank Innovation

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

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India’s Retail Battle Attracts Fresh Energy

PYMNTS

The company was founded in 2016. As it stands, the company rolled out Prime services in the country in 2016. Meesho is a digital platform for resellers of items as diverse as jewelry to smartphones to reach prospective customers via social media platforms like Facebook, WhatsApp and Instagram.

Retail 108