Andreessen Horowitz launches $300m crypto fund, alongside new general partner hire
Andreessen Horowitz has launched a new $300m venture fund that will invest into crypto companies and protocols.
Trendyol secures Decacorn status following Softbank-backed funding round
Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.
InsurTech firm Oscar hires new chief medical officer
New York InsurTech startup Oscar is hiring Shaden Marzouk as its new chief medical officer. A neurosurgeon and US army veteran, Marzouk will replace Aran Ron in the role.
Drake teams up with climate-focused FinTech firm Aspiration to become carbon neutral
Drake has signed on as an investor and collaborator with Los Angeles-based sustainability and financial services startup Aspiration.
FCA extends SCA deadline to lessen consumer, merchant impact
The Financial Conduct Authority (FCA) has extended the introduction of strong customer authentication (SCA) rules till March 2022 to reduce disruption to consumers and merchants.
Survey finds majority of financial sector favour hybrid work policy post-pandemic
A survey by Accenture has found almost three-quarters of financial sector workers in the UK would prefer a flexible working policy once the pandemic has come to an end.
Lucy Pilko takes the reins as AXA XL’s new CEO of insurance in the...
AXA XL has named Lucy Pilko as the Chief Executive Officer for the company’s insurance operations in the Americas.
Huobi introduces VC subsidiary with $100m backing
Seychelles-based blockchain technology firm Huobi Group has launched a subsidiary aimed at growing its venture investment portfolio.
dLocal snares $150m investment, names new COO and president
Uruguayan payments platform dLocal has secured $150 million from a recent funding round led by investment firm Alkeon Capital.
Revolut kicks off Indian expansion with CEO hire
UK-based global FinTech company Revolut has appointed Paroma Chatterjee to the role of CEO of its Indian branch.