UK Chancellor Sunak eyes regulatory reform in wake of Greensill crisis
Rishi Sunak has demanded two reviews of the country’s financial regulation linked to supply chain finance followed the collapse of Greensill Capital earlier this year.
Crypto trading app Coinrule said to close seed round on $2.2m
Automated crypto trading platform Coinrule has reportedly netted $2.2m in its seed funding round.
Blofin extends its Series A by an additional $12m
Blofin, a digital asset management company, has collected $12m in its Series A2 funding round.
Ascend Money becomes first Thai FinTech unicorn after $150m funding haul
Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.
China bans all cryptocurrencies in huge virtual currency crackdown
The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.
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.
Pakistan-based digital bank Tag nets $12m investment
Tag, a digital banking platform for consumers in Pakistan, has reportedly collected $12m in a funding round it claims to be the largest in seed round in the South Asian market.
Oy! Indonesia rakes in $30m from SoftBank-led Series A
Payments aggregator Oy! Indonesia has secured $30m from a Series A funding round led by investment juggernaut SoftBank.
Panorays collects $42m in Series B round
Third-party security risk management platform Panorays has collected $42m in its Series B funding round.
Jscrambler secures $15m in its Series A
Global cybersecurity platform Jscrambler has secured $15m in its Series A funding round.
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