World Bank rebuffs El Salvador with Bitcoin currency integration
The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.
Stripe rival Mollie bags $800m mega Series C round at $6.5bn valuation
Amsterdam-based online payments processor Mollie becomes the third-largest FinTech unicorn in Europe after rival Checkout.com as it sealed a massive $800m financing round valuing the company at $6.5bn.
Jaguar Land Rover backs ex-Apple exec-founded Caura in $4.2m round to develop in-car payments
UK-based vehicle management platform Caura secured $4.2m in seed funding to develop its application and integrate with in-car infotainment systems.
Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
Switzerland enacts new rules for blockchain and DLT companies
Switzerland’s Federal Council has fully implemented new rules on distributed ledger technology (DLT)-based trading and blockchain solutions.
Integrity360 receives strategic investment from August Equity
Integrity360, a cybersecurity specialist based in Ireland and the UK, has received a “major” strategic investment from private equity firm August Equity.
How long can WealthTech firms resist the crypto FOMO?
Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the same, according to analysts.
Lab49 raises $20,000 to purchase oxygen concentrators for India-based colleagues
Lab49, a consultancy firm for banks and financial services providers, has completed an employee-led GoFundMe page to help purchase oxygen concentrators for colleagues in India.
Vietnamese FinTech app for rural markets MFast banks $1.5m in pre-series A
FinTech startup MFast raised $1.5m in a pre-series A funding led by Do Ventures.
Tesseract closes “heavily oversubscribed” Series A on $25m
Tesseract has closed its “heavily oversubscribed” Series A funding round on $25m, with Augmentum Fintech serving as the lead investor.
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