SwiftPass and Wallyt form partnership with blockchain protocol Findora

Mobile payments service provider SwiftPass and international mobile payments platform Wallyt have partnered with Findora to support a payment network.

Blockchain solution developer ConsenSys hits $7bn valuation after funding

ConsenSys, a blockchain solution developer, has reached a $7bn valuation after the close of a $450m investment round.

Klarna bolsters UK presence with key regional market expansions

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.

SOMA raises €50,000 in Round One funding from Business Finland

SOMA, a blockchain solution to facilitate trade and social interactions, has received an initial investment from Business Finland.

Bluezelle closes $1m funding, months after ICO close

Singapore-based Bluzelle has closed a $1m investment round from Chinese blockchain platform NEO Global Capital.

Germany’s banks lash out against Libra whilst pushing for a digital euro

Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so. The Association of German Banks (Bankenverband) made...

How payment companies struck gold among the 51 rounds raised last week

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

EU Parliament votes to introduce KYC on private crypto wallets

The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.

KuCoin secures $20m in Series A funding

International cryptocurrency trading platform KuCoin has secured $20m in its Series A round of funding.

French finance minister warns that Facebook’s Libra project would put an end to states’...

Bruno Le Marie, France’s finance minister, said on Thursday that Facebook’s upcoming cryptocurrency Libra should be stopped as it put “the monetary sovereignty of states [in] jeopardy.”

News Stories

Cybersecurity education company SafeStack nabs $2.5m

Cybersecurity education company SafeStack nabs $2.5m

New Zealand-based cybersecurity education company SafeStack has raised NZD 4m ($2.5m), as it looks to hire more staff.
Sunbit-raises-$250m-to-make-everyday-expenses-easier

Sunbit bags $250m to make everyday expenses easier

Sunbit, a company building financial technology for everyday expenses, has closed a $250m revolving debt facility.
Pylon nets $8.5m to bring mortgage tools to non-lenders

Pylon nets $8.5m to bring mortgage tools to non-lenders

Pylon is a startup that is helping lenders and FinTechs embed end-to-end mortgage tools, and it has reportedly raised $8.5m in its seed round.
5-questions-to-ask-during-compliance-budget-building

5 questions to ask during compliance budget building

As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
law

Law enforcers link in global money laundering crackdown

Law enforcement from 25 countries have linked to crack down on money mules and their recruiters.

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