Vulcan Cyber raises $21M Series B for its vulnerability remediation platform

Vulcan Cyber raises $21M Series B for its vulnerability remediation platform

Tel Aviv-based Vulcan Cyber, a cybersecurity startup that helps businesses prioritize and fix security vulnerabilities, today announced that it has raised a $21 million Series B funding round led by Dawn Capital. Wipro Ventures and existing investors YL Ventures and Ten Eleven Ventures also participated in this round. The company says it will use the […] …

Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M consumers

Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M consumers

Open banking platforms, where services that may not have formerly lived beside each other are now joined up by method of APIs, has actually been among the emerging trends of the last couple of years, and today one of the leaders in the area out of Europe has actually closed a round of funding to […] For context, that previous round was at a EUR415 million ($503 million) assessment, and the company has absolutely grown since then: in January it stated it had 2,500 banking partners in its network. “Considering that its beginning 8 years back, Tink has proven itself to be the leading open banking platform in Europe, and our financial investment highlights the self-confidence we and the market have in Tink and open banking. Tink’s business is based around payment initiation innovation, offering simple integrations into existing banking services, and then making a commission on deals that subsequently take place.”Tink has actually really emerged as Europe’s leading open banking platform and is rapidly becoming an essential strategic piece of financial innovation facilities,” stated Josh Bell, basic partner of Dawn, in a statement. “We have seen activity across Tink’s network quickly accelerate this year, with increasing adoption and implementation of open banking products and services throughout their platform….