FCA warns cryptocurrency companies are failing to meet UK AML requirements
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
Crypto firm Circle closes $440m funding round
US cryptocurrency company Circle has raked in $440m from a funding round.
How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...
While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.
Coinbase, Pantera Capital join $6m round in Indonesian crypto exchange
Indonesia-based crypto-assets exchange company Pintu banked $6m to support its mission to drive industry adoption.
Blockchain and dApp development platform Reach inks $12m
Blockchain development platform Reach banked $12m in funding to expand its offerings and launch a commercial version of the toolkit.
Solidus Labs snags $20m to combat crypto market manipulation
Solidus Labs, which makes market surveillance tools to flag manipulation across cryptocurrency trading platforms, has raised $20m.
Why the 46 FinTech rounds from last week are exciting for stock trading and...
With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.
Andreessen-backed Eco reveals Diddy, Kevin Durant and Carmelo Anthony as investors
FinTech banking app that uses crypto on its backend Eco unveiled that a slew of celebrity and athlete investors had participated in the $26m round that took place in March this year.
Does Tesla pulling out of crypto as a payment means paint a bittersweet picture...
While the value of cryptocurrencies continued to grow astronomically, it came crashing down to earth after Tesla’s sudden u-turn from using bitcoin as payment. However, experts think this will hardly undermine its potential as mainstream investments and payment means.
CoinBurp closes seed round which was oversubscribed by 1000%
Cryptocurrency platform CoinBurp has scored over $2m in its seed round, which was co-led by Moonrock Capital and Alphabit Capital.
© FinTech Global © Copyright 2024. All rights reserved.
