A record number of venture capital (VC) partners and firms within the European market were valued at over €1bn in 2020, reaching unicorn status, investment monitoring platform Pitchbook has reported.

The news follows a decade of sustained growth, and multi-billion valuations flooding the European VC market in 2020, despite economic and social disruption by COVID-19. 

Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced Amazon FinSpace, a purpose-built analytics service that reduces the time it takes FSI organizations to find, prepare, and analyze financial data from months to minutes. Amazon FinSpace aggregates, catalogs, and tags data across an organization’s data silos, making the data easily searchable by the entire organization.

Procensus, the opinion sharing community for institutional investors, today launched a premium service which extends access to the platform’s benchmarking data to corporates, capital markets bankers, alternative asset managers and regulatory authorities, providing them with enhanced market intelligence.

Featurespace, the leading provider of Enterprise Crime Prevention software, has received the Queen’s Award for Enterprise: International Trade.  

This is the second time the company has received a Queen's Award, the first being in 2018 in the Innovation category for its pioneering work in fraud prevention technology.   

Acronis, the global leader in cyber protection, is pleased to announce that it has received more than $250 million funding round from CVC Capital Partners VII and other investors.

Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, is expanding its footprint in the UK with a special focus on Customer led Digital Transformation initiatives in banking & insurance, by establishing a nearshore center, outside of London. Mphasis expects to:

Clearwater Analytics, an industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, announced today that it has appointed Colin Clunie to Head of Europe, Middle East, and Africa (EMEA) Operations. 

Bitcoin.com Exchange, the trading platform of the Bitcoin.com Brand, announces its partnership with Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit for KYC/KYB/AML needs. Through this partnership, Bitcoin.com Exchange has found a way to convert more clients quickly while ensuring compliance with international regulations.

Cryptocurrency exchange Bybit will launch in May Bybit Cloud Mining, a mining-as-a-service (MaaS) product that gives users instant access to ether (ETH) mining from as little as $100.

Democratizing and de-risking crypto mining

The surge to move online in 2020, in turn, has driven demand for high-performance, cost-effective customer identity access management solutions. Since 2021 has kicked off, customer identity and access management (CIAM) have become essential for any business to really understand their customers which is why CMOs should actively engage with and care about their CIAM system.  I say this because within the various stages of a customer’s buying journey, such as awareness, consideratio