How Covid-19 supercharged the growth of the digital remittance market
A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.
Sygnum secures Series B funding for digital asset economy
Sygnum, a digital asset technology group with a Swiss banking license and a Singapore asset management licence, has raised $90m in an oversubscribed Series B funding round.
Pine secures C$27m for Canadian homeowners
Canadian FinTech Pine, which wants to “reimagine the homeownership processâ€, has raised C$27m comprising of seed and Series A funding.
Trading Technologies International invests into KRM22
Professional trading software provider Trading Technologies International (TT) has invested $6.35m into KRM22, a software investment company that focuses on risk management for capital markets.
Human capital platform Justworks goes public
Justworks, a cloud-based software platform that gives small and medium-sized businesses access to benefits, payroll, human resources, and compliance support, has launched its initial...
Nationwide hit with another payment outage
Nationwide Building Society has temporarily suspended inbound payments due to extremely high volumes of transactions on the first working day of the year, as revealed on Downdetector.
Chinese tech giant Tencent joins Monzo backers
Chinese tech company Tencent has taken a small stake in online bank Monzo, as part of a $100m top-up following its recent $500m funding round led by Abu Dhabi Growth Fund, a report from Sky News has revealed.
Meet Payhawk, Bulgaria’s first unicorn
Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.
Berlin-based re:cap closes one of Europe’s largest seed rounds
Berlin-based re:cap has closed on of the largest seed rounds of a European FinTech company, collecting $111.5m.
iCapital Network hits $6bn valuation hot off heels of former round
iCapital Network, which is boosting access and efficiency in alternative investing industries, has scored $50m in fresh funding, which brings its valuation to $6bn.
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