Tag: Stablecoin

FinTech SaturnX lands $3m to scale cross-border payments

SaturnX, a Dubai-based stablecoin payments infrastructure company, has raised $3m in a seed funding round.

FinTech firm OpenTrade bags $7m to scale yield-as-a-service

OpenTrade, an institutional-grade infrastructure platform specialising in real-world asset-backed stablecoin yield products, has closed a new funding round to strengthen its position in the growing stablecoin market.

Stablecoin card issuer Rain secures $24.5m to fuel global expansion

Rain, a global card issuing platform powered by stablecoins, has raised $24.5m in a new funding round aimed at accelerating its international growth.

Binance gains $2bn boost from MGX in record-breaking investment

Binance, the world's largest digital asset exchange, has secured a historic $2bn investment from Abu Dhabi-based AI and advanced technology investor MGX.

OpenTrade secures $4m to expand real-world asset-backed stablecoin products

OpenTrade, a London-based platform specialising in real-world asset-backed stablecoin yield products, has raised $4m in a seed extension round led by AlbionVC. Returning investors a16z and CMCC Global also participated in the funding.

Yellow Card secures $33m in Series C to boost African stablecoin...

Yellow Card, the pioneering stablecoin platform, has successfully closed its Series C financing round, raising $33m. According to Intelligent CIO, this investment was led by...

FinTech firm Fortunafi raises $9.5m for RWA and stablecoin expansion

Fortunafi, a FinTech company specializing in RWA and stablecoin products, has announced the successful completion of its $9.5m raise.

European FinTech seed deal activity in Q1 2024 almost halves with...

Key European FinTech seed deals stats in Q1 2024: • European FinTech seed deal activity reached 161 deals in Q1 2024, a 49% drop YoY •...

Mesh’s digital asset solutions attract significant investment from PayPal Ventures

Mesh, a leading provider of embedded finance solutions, has recently announced a strategic investment from PayPal Ventures.

PayTech giant PayPal launches US dollar stablecoin

PayTech giant PayPal has launched its own US dollar denominated stablecoin, designed for digital payments, PayPal USD (PYUSD). 

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