Tag: BlockFi

Key Swiss FinTech investment stats in 2023: • Swiss FinTech companies raised a combined $451m in 2023, a 62% drop YoY • Swiss FinTech deal activity...

Regulatory fines slapped on global financial institutions saw a staggering 88% dip in H1 2023 compared to the same period last year. This significant decline was unveiled in a report from Fenergo, the top-tier provider of digital solutions in client lifecycle management (CLM).

Cryptocurrency financial services platform BlockFi has scored a $250m revolving line of credit.

Deserve, a FinTech aiming to expand the real-time credit card economy, has raised a $250m credit facility with Goldman Sachs, Cross River and Waterfall Asset Management.

Blockdaemon, an independent blockchain infrastructure platform, has closed its Series A round on $28m.

Cryptocurrency financial services provider BlockFi Inc. raised $350m taking its valuation to more than $3bn.

While Robinhood's massive Series G round may have secured the most headlines last week, InsurTech and PropTech ventures bagged the most capital injections.

Cryptocurrency wealth management platform BlockFi has secured $50m in its Series C round, which was led by Morgan Creek Digital.

The share of deals under $1m reached a four-year high in the first six months of 2020.

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.