Blockchain

Bitso reaches unicorn valuation after $250m Series C funding round

Mexico-based crypto exchange Bitso became the first LatAm unicorn after getting a valuation of $2.2bn on its $250m Series C funding round.

SwissBorg teams with OpenPayd to bolster financial service suite

Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.

Crypto wallet Zumo launches virtual Visa debit card where users can pay by crypto

Edinburgh-based cryptocurrency wallet and payment platform Zumo launched a virtual card offering to enable users spend cryptocurrencies.

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.

Block.one backs new cryptocurrency exchange subsidiary with $10bn influx

US blockchain software company Block.one has invested $10bn into its new cryptocurrency exchange subsidiary Bullish Global.

Home value app Plunk closes $6.5m seed round

Seattle-based financial services company Plunk has concluded a $6.5m seed round led by Unlock Venture Partners. The round also included participation from Sony Innovation...

Revolut integrates crypto compliance firm Elliptic’s blockchain tools to trace transactions

UK-based digital banking service Revolut has partnered with blockchain firm Elliptic to support crypto withdrawals and guard against risk.

Babel Finance banks $40m to take on the global crypto market

Hong Kong-based crypto lender and asset manager Babel Finance secured $40m in funding from investors including Zoo Capital, Sequoia Capital China and Dragonfly Capital.

Bank of Israel opens consultation on potential digital shekel

The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.

Crypto unicorn Bitpanda extends its Series B round with an additional €10m

Austria-based FinTech unicorn Bitpanda raised an additional €10m as an extension of its Series B round of funding after its €142.5m round earlier in March this year.

News Stories

Aven hits unicorn status with $142m funding for home equity credit solutions

Aven hits unicorn status with $142m funding for home equity credit solutions

Aven, a cutting-edge FinTech company, has successfully closed its Series D funding round, amassing a notable $142m.
FCA calls for stricter yet fairer treatment of politically exposed persons

FCA calls for stricter yet fairer treatment of politically exposed persons

The Financial Conduct Authority (FCA) has recently mandated that financial institutions, including banks, payment firms, and lenders, enhance their protocols to ensure fair treatment of politically exposed persons (PEPs).
PSR and FCA explore the impact of digital wallets on UK consumers and businesses

PSR and FCA explore the impact of digital wallets on UK consumers and businesses

The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence of digital wallets on both consumers and businesses in the UK.
Hong Kong to fortify financial stability with new stablecoin regulations

Hong Kong to fortify financial stability with new stablecoin regulations

Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
CTERA secures $80m from PSG Equity to enhance its hybrid cloud data platform

CTERA secures $80m from PSG Equity to enhance its hybrid cloud data platform

CTERA, a renowned leader in hybrid cloud data management, today announced a significant financial boost, securing $80m in a mix of primary and secondary funding from PSG Equity.

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