May 23, 2021 @ 10:58 pm By Samantha Hurst  |  

White Star Capital, a U.S.-based multi-stage technology venture capital investment platform, recently announced it closed its $50 million Digital Asset Fund (DAF), which is described as a specialized fund investing in cryptocurrency networks and blockchain-enabled businesses. According to White Star, the fund exceeded its previously… Read More

May 23, 2021 @ 10:28 pm By Samantha Hurst  |  

Zvilo, a UK-based challenger banking startup has successfully raised more than £425,000 through its equity crowdfunding campaign on Seedrs. The investment round, which orignally sought to raise £200,000, has already attracted over 260 Seedrs investors. As previously reported, Zvilo stated it is a new digital platform that seeks… Read More

May 21, 2021 @ 10:29 pm By Samantha Hurst  |  

  Even Financial, an API for financial services search, acquisition, and monetization, announced on Friday it has successfully completed a Service and Organization Control (SOC 2) Type II examination for its API. As previously reported, Even Financial is seeking to become an important supply channel… Read More

May 21, 2021 @ 10:18 pm By Samantha Hurst  |  

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday it has appointed Randy Khalaf to its Board of Directors. According to XTM, Khalaf’s current role is Chief Financial & Enterprise Systems Officer, EVP, and Treasurer of Novus International.  Speaking about Khalaf’s… Read More

May 21, 2021 @ 9:26 pm By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, announced earlier this week it has appointed Cassandra Lentchner as the new Chief Operating Officer for BitGo Trust companies. According to BitGo, Lentchner has more than 20 years of experience in the financial services industry. She notably oversaw compliance and regulatory standards for… Read More

May 21, 2021 @ 9:15 pm By Samantha Hurst  |  

CEX.IO, a global cryptocurrency exchange based in the UK, announced earlier this week it has selected FIS (NYSE:FIS) to provide card management and processing services for a new line of crypto-based consumer debit cards across Europe. Established in 2013, CEX.IO states it providers reliable services backed… Read More

May 21, 2021 @ 9:13 am By Samantha Hurst  |  

  Boost Insurance, a U.S.-based B2B digital insurance platform, announced on Friday it raised $20 million through its Series B financing round, which was led by RRE Ventures with participation from Fin VC, Gaingels, Hack VC, Greycroft, Coatue, and Conversion Capital. The company raised $37 million since… Read More

May 21, 2021 @ 8:55 am By Samantha Hurst  |  

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Thursday its MoneyGram Online (MGO) recorded 95% year-over-year cross-border transaction growth which drove 111% revenue growth in April 2021. MoneyGram revealed that MGO delivered an all-time high for transactions in the month, marking strong sequential… Read More

May 21, 2021 @ 8:18 am By Samantha Hurst  |  

  UK-based digital banking group Starling Bank announced this week it secured a £50 million investment from Goldman Sachs Growth Equity. According to Starling Bank, the investment is an extension of the oversubscribed £272 million Series D funding round announced in March 2021, which valued it in… Read More

May 20, 2021 @ 10:38 pm By Samantha Hurst  |  

  tZERO, a blockchain-focused subsidiary of Overstock.com (NASDAQ:OSTK), announced on Thursday it has teamed up with has signed an agreement with EnergyFunders, an energy projects funding platform, to digitize approximately $25 million of equity interest in EnergyFunders’ Yield Fund I, which is considered the company’s largest fund… Read More

May 20, 2021 @ 9:12 pm By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Thursday that Skrill USA digital wallet has launched a virtual version of its existing Skrill Visa Prepaid Card. According to PaySafe, Skrill USA’s latest product offers Americans a fully digital payments solution that can be activated instantly to spend… Read More

May 20, 2021 @ 7:33 pm By Samantha Hurst  |  

Waffle, a U.S.-based consumer insurance solution, announced on Wednesday it raised $5 million through its seed funding round, which was led by Verve Ventures, with participation from BetterLabs Ventures and Techstars. The investment follows Waffle’s official launch in iOS and web, giving availability across all… Read More

May 20, 2021 @ 6:52 pm By Samantha Hurst  |  

  iSTOX, a Singapore-based private capital platform, announced on Thursday it has rebranded to ADDX as it enters its next growth stage. As previously reported, ADDX describes itself as a future-ready capital markets platform that is set up usher in a new era for capital fundraising… Read More

May 20, 2021 @ 1:53 pm By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Thursday its upcoming equity crowdfunding campaign is set to go live on Crowdcube with 35,000 sign-ups (21,000 were signed up within the first 24-hours). As previously reported, Curve is… Read More

May 20, 2021 @ 1:34 pm By Samantha Hurst  |  

    Lithic, formerly Privacy.com, a U.S.-based card issuing platform, announced on Thursday it raised $43 million through its Series B funding round, which was led by Bessemer Venture Partners with participation from Index Ventures, Tusk Venture Partners, Rainfall Ventures, Teamworthy Ventures, and Walkabout Ventures…. Read More

May 20, 2021 @ 7:35 am By Samantha Hurst  |  

  Ignition, an Australia-based digital financial advising platform, announced this week it has launched its services in the UK.  Founded in 2014, Ignition describes itself as a global advisor technology specialist for financial institutions seeking to help more customers have access to financial advise in… Read More

May 20, 2021 @ 7:19 am By Samantha Hurst  |  

  Sunbit, a U.S.-based Buy Now Pay Later (BNPL) platform, announced on Thursday it secured $130 million through its Series A funding round, which was led by Group 11 with participation from  Zeev Ventures,  Migdal Insurance, Harel Group, AltaIR Capital, and More Investment House. The company reported that the investment round… Read More

May 20, 2021 @ 7:05 am By Samantha Hurst  |  

    Airwallex, a digital payments fintech, announced on Thursday the launch of its online card payment acceptance solution in Hong Kong. According to Airwallex, the solution will allow local merchants to accept online card payments made around the world using Visa and Mastercard. According… Read More

May 19, 2021 @ 3:46 pm By Samantha Hurst  |  

  Cryptocurrency payments platform BitPay announced on Wednesday it has teamed up with Jomashop, a luxury goods retailer. Through the collaboration, Jomashop will now be accepting cryptocurrency online as a way to attract new customers and sales, and expand payment options for its global clientele…. Read More

May 19, 2021 @ 3:00 pm By Samantha Hurst  |  

  Global fintech Circle announced on Wednesday it has appointed Mandeep Walia as its new Chief Compliance and Risk Officer. Circle reported that Walia will work with its leadership in helping “harmonize compliance standards” as a part of the company’s broad commitment to ensuring that open… Read More