Global

July 2, 2021 @ 9:09 am By Omar Faridi  |  

Codat, an API-powered platform for business data sharing, has acquired $40 million in capital through a Series B funding round. Codat reports a tripling in annual revenue growth and also a doubling of its employee headcount Codat’s latest Series B investment round has been led… Read More

July 2, 2021 @ 9:06 am By JD Alois  |  

Bling, a platform that enables game developers to offer Bitcoin rewards, has announced a seed funding round that has received the backing of Coinbase Ventures. Pre-seed investors included Wavemaker Genesis, Gumi Cryptos Capital, and Blocktower Capital. Details of the funding were not revealed. Bling said… Read More

July 2, 2021 @ 8:08 am By Omar Faridi  |  

BNP Paribas (EPA: BNP), a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), is partnering with financial solutions provider FIS (NYSE: FIS). Through the partnership, BNP Paribas will be extending support… Read More

July 2, 2021 @ 8:06 am By Omar Faridi  |  

Rapyd, a multinational Fintech as a Service (FaaS) provider, has entered into a definitive agreement with Arion Banki (Arion Bank) in order to acquire Valitor, an Icelandic payments solutions firm. As confirmed in a release shared with Crowdfund Insider, the deal size is $100 million… Read More

July 2, 2021 @ 12:33 am By Tony Zerucha  |  

In late June, Scotland Yard seized more than $158 million in Bitcoin as part of a money-laundering investigation. London’s Metropolitan Police said that total was more than double the amount of cash seized in all of 2020 and is the biggest crypto take in UK… Read More

July 1, 2021 @ 9:27 pm By Omar Faridi  |  

Chainalysis, the leading blockchain data platform, reveals that it has introduced three subscription options to Market Intel, which is described as a data-driven product that offers key insights into virtual currency markets. Developed on Chainalysis’ “trusted” and proprietary data platform, financial institutions are able to… Read More

July 1, 2021 @ 7:08 pm By Omar Faridi  |  

The team at digital assets firm Kraken has released a new report on Inflation, which they refer to as the “insidious thief.” As mentioned in a blog post by Kraken, the concept of inflation is “front and center again for many market participants, but not… Read More

July 1, 2021 @ 5:29 pm By Omar Faridi  |  

Real asset fundraising figures have “lagged recently,” with fundraising during the past 4 quarters reaching its lowest levels since “late 2012,” according to a new report from Pitchbook. As noted in the report from Pitchbook, infrastructure has managed to continue attracting considerable funding, meanwhile, the… Read More

July 1, 2021 @ 5:20 pm By Tony Zerucha  |  

While Sweden, the United Kingdom and a few Asian Pacific countries have created roadmaps to a cashless society, most countries will still need to chart their own paths, a report from Global Data finds. The Cashless World – Evolving Payment Environments in Key Asia Pacific… Read More

July 1, 2021 @ 3:08 pm By Tony Zerucha  |  

China’s recent actions on Bitcoin are going to reverberate across the industry for some time, the CEO of Graph Blockchain believes. Through subsidiary Babbage Mining, a proof of stake miner focused on altcoins, Graph Blockchain exposes its investors to cryptocurrency. The decision crack down on… Read More

July 1, 2021 @ 11:28 am By Tony Zerucha  |  

Latin American cryptocurrency exchange Mercado Bitcoin today completed a $200 million Series B raise from the SoftBank Latin America Fund, Mercado Bitcoin parent company 2TM Group announced. 2TM Group now has a $2.1 billion valuation. The funds are earmarked for product and technology development along with… Read More

July 1, 2021 @ 11:11 am By JD Alois  |  

Covario, a digital asset prime broker, has selected METACO to scale its digital asset custody operations according to a statement from the firm. Covario says that METACO’s Harmonize will coordinate existing vault and sub-custody solutions and provide policy management framework for Covario’s technology solutions. Covario… Read More

July 1, 2021 @ 10:08 am By JD Alois  |  

OneFor, a Germany-based Fintech that is looking to disrupt incumbents in the payments and transfer sector, has announced the launch of its “borderless” service. OneFor promises to offer customers, cheaper, faster, and safer payments and transfers across Europe. According to a release, OneFor facilitates transfers… Read More

July 1, 2021 @ 9:34 am By Omar Faridi  |  

European peer-to-peer lending platform Mintos has released its latest Risk Score updates. As noted by the Mintos team, this most recent update is based on key developments and data analyzed during Q1 2021. Mintos writes in a blog post that if you are new to… Read More

July 1, 2021 @ 8:30 am By JD Alois  |  

Lirium AG has received approval from the Financial Market Authority of Liechtenstein to provide crypto services to banks and other firms, according to a note from the company. Lirium is now certified as a CaaS (Crypto as a Service)  provider to offer the following services: Cryptocurrency… Read More

July 1, 2021 @ 8:10 am By Omar Faridi  |  

The team at Lithuania-based financing platform Debitum notes that raising funds for SMEs can be quite a challenging and stressful experience. Until only recently, the choice had been between the different types of loans provided mainly by traditional banking institutions, which involve tedious application processes… Read More

July 1, 2021 @ 7:57 am By Omar Faridi  |  

As part of its commitment to compliance, Binance, the world’s largest crypto exchange that has been under investigation by US regulators and other international authorities due to allegations of engaging in recognized markets without authorization (and also contributing to money laundering and other illicit activities),… Read More

July 1, 2021 @ 7:50 am By Omar Faridi  |  

The team at European P2P lender Bondora reports that 2021 return rates have been zooming past their targets. As noted by Bondora in a blog post dated June 28, 2021, investment returns on platform originations showed “signs of positive growth” during the month of May… Read More

June 30, 2021 @ 9:07 pm By Omar Faridi  |  

Australia-based eftpos Group has introduced its new digital identity solution that will serve as a standalone Fintech division. The new initiative, called Connect ID and created with assistance from SecureKey, is currently live, with the stated goal of making it simpler for consumers in Australia… Read More

June 30, 2021 @ 5:29 pm By Tony Zerucha  |  

The past few weeks have seen some interesting geopolitical developments in the cryptocurrency space, GlobalBlock sales trader Alexandra Clark said. Iran could be taking advantage of China’s tough stance on cryptocurrency mining, Clark suggests. They recently have granted permits to 30 crypto mining farms. Should… Read More