Cryptocurrency xDai raise $500,000 in a Seed round led by NGC Ventures

Stablechain FinTech startup xDai has completed a $500,000 Seed round to improve its cryptocurrency platform.

Coinone ordered to compensate customer who lost money in a hack

Coinone is a South Korean cryptocurrency exchange that has just been forced to cough up $20,780 to pay a customer who lost money in a 2018 hack.

Banking FinTech solarisBank push into cryptocurrencies with the launch of subsidiary solaris Digital Assets

German tech company solarisBank has unveiled its new subsidiary solaris Digital Assets, to strengthen its grip on the digital assets market.

Exclusive: SPARQ founder reveals the reason why he launched the personal finance portal

On the back of a €100,000 seed capital raise earlier in April, SPARQ is now aiming to bring the company’s “unique vision” of personal finance to the rest of the EU.

Cybercrime preventing startup Deep Labs picks up $16m in new funding round

From: RegTech Analyst Mastercard partner Deep Labs has bagged $16m to boost the development of its transaction authentication and authorisation technology. Gunnar Overstrom, partner at Corsair...

Hastee launches earnings on demand card

Earnings on demand company Hastee has announced the launch of a new contactless debit card, powered by Visa that will enable users to access and spend their accrued earnings in real-time.

Mastercard to acquire open banking FinTech Finicity in $825m deal

North American FinTech Finicity is being sold to Mastercard in a $825m deal, with the payments giant planning to leverage the acquisition to further its push into open banking.

nCino’s shares jumped over 160% in its first day of trading

Banking technology company nCino has finally gone public, with the price of its shares skyrocketing in its first day of trading.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

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