Blockchain

SOMA raises ?50,000 in Round One funding from Business Finland

SOMA, a blockchain solution to facilitate trade and social interactions, has received an initial investment from Business Finland.
LI.FI

LI.FI scores $17.5m in CoinFund-led Series A

LI.FI, a multi-chain liquidity and data gateway, has raised $17.5m in a Series A fundraise co-headed by CoinFund and Superscrypt.

Bunq, Volt partner to bolster open payment technology

Dutch challenger bank Bunq has partnered with London-based payments company Volt to provide a faster way for Bunq customers to transfer money from other accounts.

FBI establishes cryptocurrency unit

The FBI is setting up a cryptocurrency-focused unit that will look to work closely with the US Justice Department. The National Cryptocurrency Enforcement Team...

Ava Labs’ Avalanche project picks up $42m in initial coin offering

Blockchain FinTech Avalanche has picked up $42m in an initial coin offering of AVAX tokens which took a little more than four hours.The project...
DeFi

Study finds $4bn illicitly laundered through DeFi exchanges

Cryptoasset risk management firm Elliptic has found that criminals have used DeFi exchanges amongst other things to launder more than $4bn in crypto.

Revolut reveals that cryptocurrency trading is returning to normal after a COVID-19 dip

Interest in trading in bitcoin and other cryptocurrencies dropped as the coronavirus started to spread around the world, but new data from Revolut indicates a return to normal levels.

North Korean hackers blamed for $100m heist

North Korean hacking group Lazarus is supposedly the prime suspect in a $100m hack of a cross-chain cryptocurrency bridge called Horizon Bridge.

CertiK claims to raise the largest funding round of any blockchain security platform

Blockchain security company CertiK has scored $37m in its Series B funding round, which was co-led by Coatue Management and Shunwei Capital.
fintech insurtech wealthtech regtech ai cybertech esg news

Well Fargo, Goldman Sachs and more pump $18m into Axoni

Axoni, a blockchain startup developing solutions for financial services, has picked up $18m in a Series A round. The funding was co-led by Wells Fargo and Euclid Opportunities.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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