fintech-news

HIVE Blockchain closes CAD $115m private placement

HIVE Blockchain Technologies has closed a CAD $115m financing round, following the CAD $65m final stage of the private placement.
fintech-news

Paxos collects $65m in Series B to support global expansion

Paxos, a blockchain-powered trust, has collected $65m in its Series B round led by a consortium of investors.

Bitfury raises $80m funding round, Korelya Capital leads

Dutch Blockchain business BitFury has raised $80m in an investment round led by Korelya Capital.

Cryptocurrency xDai raise $500,000 in a Seed round led by NGC Ventures

Stablechain FinTech startup xDai has completed a $500,000 Seed round to improve its cryptocurrency platform.

Jack Dorsey says “Hell no” to question about whether Twitter will join Libra

The dual CEO and co-founder of both Twitter and Square has made no secret to where he stands when it comes to the Facebook-backed cryptocurrency.

Italian challenger bank Hype and Conio release a bitcoin wallet they believe will be...

COVID-19 has hit Italy particularly hard. But one challenger bank might use this to its advantage.

Mobile apps to drive the growth of crypto asset management segment to be worth...

The global crypto asset management market is estimated to grow from $400m in 2020 to $1.1bn in 2025, representing a compound annual growth rate of 23.8%.

FamaCash and Stably sign partnership

Digital financial service network FamaCash has inked a deal that will see the Stably Corporation provide development support for Fama's portfolio of financial service platforms.

Libra could launch as early as January

The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.

FinTech startup Avenews-GT bags $3m to help farmers connect with financial institutions

Digital agricultural trading platform Avenews-GT closed a $3m Series seed fund from the venture arm of global holding group XT Holdings, XT Hi-Tech.

News Stories

Lulalend

Digital lender Lulalend lands $35m Series B

Lulalend, a South African digital lender catering to SMEs, has finalised a $35 million Series B funding round.
UK

UK government floats plans for cryptoasset regulation

The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.
Eventus

Eventus launches Validus AML to help firms fight financial crime

Eventus has announced the broad introduction of Validus AML (VAML) to aid companies in finance and digital assets combat financial crime.
Greenspark

Greenspark lands £1m to aid firms measure climate action

Greenspark, a firm that encourages businesses to take climate-friendly actions, has scored £1m in a seed funding round.
cloud-native-insurance-platform-novidea-names-ben-ezer-to-senior-executive-team

Ezer joins senior executive team at InsurTech Novidea

Cloud-native insurance platform Novidea has appointed Eran Ben Ezer to its senior executive team to support the next phase of the company’s global growth.

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