Crypto firm Cobo scores $40m Series B to develop DeFi platform
Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
Former Microsoft CFO John Connors joins Tractable’s board of directors
Tractable, which leverages AI to improve recovery from accidents and natural disasters, has named former Microsoft CFO John Connors as its latest board of directors member.
Currencycloud invests £1.5m into its long-term remote working strategy
Currencycloud, an embedded cross-border solutions platform for financial services, is investing £1.5m into its new remote-first working strategy.
Zilch exits stealth on the back of $10m round and now plans to give...
London-based FinTech Zilch has raised $10m to fund the rollout of its buy now, pay later platform, aiming to compete with companies like Klarna and Afterpay.
Fincy receives $11m capital injection from parent company GBCI to grow across Asia
E-wallet company Fincy has revealed that it has filled its coffers with an additional $11m power boost to launch its South-East Asia.
Funding Options adopts open banking solutions even though the industry has far from adopted...
From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.
Foxquilt continues Canadian expansion efforts
Foxquilt, which builds communities to improve insurance experiences, has released its services in more Canadian states as part of its 2020 expansion plan.
Mobile banking market expected to be worth $1.82bn by 2026
The global banking mobile market is expected to grow at a compound annual growth rate (CAGR) of 12.2% between 2019 and 2026, according to Allied Market Research.
Apiax scores $6.6m in Series A funding round co-led by e.ventures and XAnge
Swiss RegTech startup Apiax has completed a $6.6m Series A funding round to boost its digital compliance solutions and to go global.
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