Drooms picks up deal flow platform DealMarket
Virtual data rooms for due diligence firm Drooms has acquired private equity deal flow platform DealMarket. The financial terms of the deal are undisclosed. Read more: www.fintechroundup.com
Big Data Analytics and the Future of Retail
Did you know that the two top-sellers right before a hurricane hits are beer and Strawberry Pop-Tarts? Or that demand for books increases when the weather starts to get colder? Read More: www.hpcwire.com
Peernove takes $4m for blockchain-based enterprise data
Blockchain-based enterprise big data startup Peernova has raised $4m of its ongoing Series B round. The investment comes from Zhejiang Zhongnan Holdings Group. Read more: www.fintechroundup.com
Europe’s financial institutions select Trifacta to wrangle data
Trifacta, the global leader in data wrangling, says strong growth in Europe has given it a substantial foothold in Europe’s financial services industry. Read more: www.finextra.com
Chinese credit assessment startup Wecash lands $80m
Chinese online credit evaluation platform Wecash has raised $80m in a Series C round of funding from local investors. Read more: www.fintechroundup.com
EU financial regulators say more rules are needed for Big Data
Additional rules may be needed to monitor growth in Big Data which could pose security, privacy and accountability risks. Read more: www.reuters.com
FinTech companies form lobbying group focused on data sharing
A consortium of FinTech companies have formed a new industry group to advocate for allowing consumers to share their financial data. Read more: www.americanbanker.com
Fund data platform fundinfo lands HgCapital investment
Fund data and documents platform fundinfo has closed an investment from HgCapital’s Mercury Fund. The financial terms of the deal are undisclosed. Read more: www.fintechroundup.com
Big data and the cloud: It’s not even that scary
Don't believe the marketeers, big data is not that scary. Read more: www.theregister.co.uk
Why exactly does big data matter?
Big data’s ability to help us analyze messy data could help us insure harder-to-insure things. Read more: www.insurtechnews.com