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Circle raises $440m
Fintech outfit Circle has raised $440 million in financing as it seeks to capitalise on the success of the fast-growing USDC stablecoin.Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, and Pillar VC all joined the round. An early player […]
Banking and Financial Services Industry Experts Converge to Reignite the European Industry Region
Backbase, SmartMessage, Abaka and Creatio joined the foremost edition of Finnovex Europe to Formulate Evolutionary Strategies for Reigniting the Banking and FSI Industry of the European Region. The Leading Summit on Financial Services Innovation and Excellence, which kicked off from the 24th – 25th May 2021 on the host’s virtual platform witnessed the attendance of […]
Paysend bags $125m Series B as it sets sights on global expansion
The fintech says it has amassed 3.7 million users in over 60 countries since it was founded in 2017. International payments platform Paysend has today announced a $125m Series B funding round to help it fund its global expansion plans. “This $125m B Round investment will allow us to take our platform to the next stage, innovating […]
#DSBreakdown: What strategies will help you nail your job search?
We’ve heard it from our candidates, and seen it from our network — job hunting can be a daunting task. Sure, you’ve got a killer CV and work experience behind you, but now it’s time to use that fuel to help you land the job you want. More often than not, job seekers find themselves […]
NEC Payments finds a new path to payment security with Netcetera
Bahrain-based NEC Payments needed an ACS offering 3DS 2.0, the latest in payment security protocols. Netcetera rose to the challenge, building them a solution from the ground up. NEC Payments is a rapidly growing digital banking and payment technology company with big plans. Already offering innovative cloud-native banking-as-a-service to Middle East Fintech and technology distribution […]
E-commerce fraud prevention firm Forter scores $300m
E-commerce fraud prevention company Forter has hit a $3 billion valuation after raising $300 million in a Series F funding round led by Tiger Global Management. Third Point Ventures, Adage Capital Management, Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners joined the round, which sees Forter’s valuation triple […]
What You Need To Know About Non-Fungible Tokens (NFTs)
The viral internet clip known as ‘Charlie Bit My Finger’ will be taken down from YouTube after selling as a Non-fungible token (NFT) for more than £500,000 this week – leading many to wonder what NFTs actually are. Here’s everything you need to know about the new phenomenon. What Is an NFT? An NFT is […]
Solidus Labs raises $20 million as demand spikes from traditional financial institutions
Solidus Labs, a digital asset risk surveillance firm founded by ex-Goldman Sachs engineers, has raised $20 million in a Series A round led by the VC Firm Evolution Partners, with additional participants including 645 Ventures, FTX, Avon Ventures, Naval Ravikant, and multiple former regulators including CFTC Chair Chris Giancarlo. The New York-based firm seeks to […]
SoftBank invests $250m in new fintech unicorn Zeta
Europe has a new fintech unicorn. Zeta, a London-based, banking tech startup has secured $250m (£177m) in Series C funding from the SoftBank Vision Fund 2, valuing the company at $1.45bn (£1bn). This is SoftBank’s first investment in the technology banking space and the single largest investment in a banking tech startup globally. Zeta says […]
Trade Republic snags $900 million in funding
German neobroker Trade Republic has scored the country’s largest ever fintech funding round, a $900 million Series C that puts a $5 billion price tag on the six-year old firm. The investment was led by Sequoia with participation from new investors TCV and Thrive Capital as well as existing investors Accel, Founders Fund, Creandum and […]