Standard Chartered unveils plans to launch cryptocurrency trading venture

Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.

Andreessen Horowitz leads $9m round for Solana’s Phantom wallet to develop its multichain feature

Phantom, a crypto wallet and browser extension for accessing decentralized finance (DeFi) applications, has raised $9m in a Series A funding round led by Andreessen Horowitz (A16z).

Pennyworth launches financial planning app on iOS, Android to follow

UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.

Banks worried over blockchain transaction security

Transaction confidentiality is one of the key issues banks have with blockchain technology, a new report by Greenwich Associates shows.

ModulTrade forms strategic partnership with Alibaba’s Yangting

Blockchain-based B2B trading platform ModulTrade has formed a strategic partnership with Alibaba’s investment vehicle Yangting Internet Technology.

Deloitte backs blockchain financial inclusion startup Humaniq

Blockchain-based banking startup Humaniq has landed backing from professional services giant Deloitte. The size of the round is undisclosed.

Why cryptocurrency is on the long road to compliance

As cryptocurrency continues its break-neck rise in popularity and usage, the calls by lawmakers and the financial industry for its greater regulation are getting louder and louder.

Blockchain startups have raised $23.7bn since 2013 with FinTech being in focus

New research from investment platform Outlier Ventures reveals that 3,738 new blockchain enterprises have seen capital injections of $23.7bn since 2013.

Coinbase responds to racism and discrimination allegations

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

Newly-formed Reflective Ventures launches new blockchain investment fund

Reflective Venture Partners has launched its debut blockchain technology fund alongside RChain Cooperative.

News Stories

investment

Strong investment continues for FinTechs as 2022 winds to a close

This week in FinTech proved to be a strong week for credit and financial technology-focused companies, with 36 investments being recorded.  
Koble collects $1.2m to enhance its AI that improves investment decisions

AI-powered Koble collects $1.2m to enhance investment decisions

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.
Finclusion-Group-rebrands-to-bolster-financial-inclusion-in-Africa

Finclusion Group rebrands to bolster financial inclusion in Africa

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.
Saporo

CyberTech Saporo locks in €4m seed funding

Swiss cybersecurity firm Saporo has landed €4m in a seed funding round headed by XAnge.
Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber, which is focused on helping SMEs with their cybersecurity risks, has reportedly collected €100,000 in funding.

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