PassFort, a RegTech SaaS for KYC and AML, nets $16.2M

London-based PassFort, a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 million Series A led by US growth equity fund, Level Equity. The 2015-founded startup‘s existing investors OpenOcean, Episode 1 and Entrepreneur First also participated in the round. The Series […]

UK now expects compliance with children’s privacy design code

In the UK, a 12-month grace period for compliance with a design code aimed at protecting children online expires today — meaning app makers offering digital services in the market which are “likely” to be accessed by children (defined in this context as users under 18 years old) are expected to comply with a set […]

Regulations can define the best places to build and invest

Noorjit Sidhu Contributor Share on Twitter Noorjit Sidhu is an early-stage investor at Plug & Play Ventures, focused on investments across data infrastructure and cloud, artificial intelligence, financial services, and the future of learning and work. Market timing  —  how relevant an idea is to the current state and direction of a market  —  is […]

What’s the board’s role in an early-stage startup?

Gregg Adkin Contributor Share on Twitter Gregg Adkin is vice president and managing director at Dell Technologies Capital, the global venture capital investment arm of Dell Technologies. What’s the board’s role in an early-stage startup? Startup founders frequently ask me about the role of a board of directors. A board can be a crucial asset […]