Berlin-based compliance startup heyData today announced the closing of a €3.3 million seed financing. The round was led by Ten VC, with additional participation from existing investors Patrice Deckert, Stefan Tietze, as well as experienced investors Martin Ostermayer and Dirk Freise and Picea Capital, among others.

The fresh capital will be used for product expansion and venturing into new markets. In addition, the team around the founders Miloš Djurdjević, Martin Bastius and Daniel Deutsch, which currently counts 34 employees, is to be expanded.

Partnerships 

Nutanix Offers A Stepping Stone To the Cloud at Crown Hosting Data Centres

Power, a fintech startup with plans to reshape global commerce, has finally teased early progress as it emerges from stealth with $16.1m in seed funding, a $300m credit facility, and a fast-growing list of customers. The company was founded to build modern financial infrastructure and started by launching a full-stack credit card issuance platform.  

Robinsons Bank (RBank), owned by JG Summit Holdings, Inc., one of the Philippines' largest and most diversified conglomerates, today announced that it has chosen BPC as its solution partner to co-innovate, to drive financial inclusion and digital adoption across the nation. Using BPC’s SmartVista Platform, RBank will be able to bring new products to customers in a highly efficient and cost-effective manner.

OneSpan, the digital agreements security company, today announced the general availability of its secure Virtual Room cloud service which enables organisations to deliver live, high-touch assistance to their customers in a high-assurance virtual environment.

Clausematch, a global RegTech company automating policy management and regulatory compliance at financial institutions and other regulated organizations, has been recognised as RegTech of the Year by the annual US FinTech Awards.

The award celebrates regulatory technology that provides tools capable of being used across industries.

The European Central Bank (ECB) has selected CaixaBank and four other organisations to collaborate in the development a prototype of a digital euro. The institution launched a call with the aim of selecting entities to develop technology projects associated with the creation of the European digital currency. CaixaBank, the only European bank selected for the project and will be responsible for producing a prototype for peer-to-peer (P2P) online payments using the digital euro.

Worldline, a global leader in payments services is proud to have been selected by the European Central Bank (ECB) for prototyping a front-end user interface for the digital euro. Worldline is developing the peer-to-peer offline payments use case.

Worldline has been selected for the specific use case “peer-to-peer offline payments” of a digital euro, which focuses on the payment between individuals.

Nutanix has announced a partnership with Trust Systems and Crown Hosting Data Centres to deliver against Crown Hosting’s Shared Hybrid Initiative with a new service for public service customers wanting to migrate to the cloud on their own terms. 

The European Central Bank has chosen Nexi, the European Paytech leader, to develop a front-end prototype for making payments with digital euros.

After joining the call for expression of interest launched in April by the ECB as part of the digital euro investigation phase, Nexi has been appointed as one of the five companies, out of 54 respondents to the call, which will provide front-end prototypes to test different payment use cases.