Institutional Investment & Trading

The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.

Climate change is one of the biggest challenges we face. While policies like the Paris Agreement attempt to change the world to have a net-zero emissions impact, there are still billions of dollars invested each year into harmful industries, such as fossil fuels. As pressure on climate change rises, could firms start to focus more on ESG funds?

Irwin, a software developer for the capital markets, has closed its Series A round on $20m, which will support the expansion of its services.

Ledgy, an end-to-end equity management platform, has reportedly collected $10m in its Series A round, which will support its growth in new markets.

Globacap, which claims to be transforming capital markets, has secured an additional $9m for its Series A round.

Receivables marketplace Monkey has reportedly collected $6m in its Series A funding to help double its team.

Alpaca, a stock brokerage platform that offers APIs for FinTech apps to connect and trade in US stocks, raised $50m and plans to launch cryptocurrency trading.

Paris-based social investment platform Shares.io has closed one of the largest-ever seed fundraising by an early-stage startup in Europe by securing around €8.5m in pre-seed pre-product funding.

Flink, a Mexico City-based neobroker, has raised $57m in a Series B round of funding led by Lightspeed Venture Partners.

Capital market-focused FinTech company Smallcase raised $40m in funding, led by Faering Capital as well as new investors Amazon Smbhav Venture Fund and Premji Invest.