Brazil's Nubank to acquire instant payment platform Spin Pay
Brazil's Nubank will acquire Spin Pay, a fintech company that supports retailers accepting payments through the country's Pix instant payment system.
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Community investing DeFi project scores $20 million raise led by a16z
Syndicate, a decentralized finance (DeFi) organization focused on investing, has announced a $20 million Series A fundraise.
eToro’s Q2 crypto income soared by 23 times compared to last year
eToro, the investment platform set to go public at a $10.4 billion valuation, saw income derived from charging commissions on crypto trades balloon in the second quarter of this year.
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Celo architect Rene Reinsberg on how the upstart platform can widen access to DeFi
Celo is a proof-of-stake blockchain system designed specifically for mobile devices. And the team behind it is on a mission.
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FinTech Collective closes $250 million fund with new DeFi strategy
FinTech Collective, a venture capital firm investing across fintech and digital assets, has raised $250 million in fresh capital.
Former Payza CEO convicted of money laundering is suing Blockchain.com over blocked bitcoin transfer
A former fintech founder convicted of money laundering charges last year is suing London-based crypto firm Blockchain.com.
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Austrian crypto unicorn Bitpanda raises another $263 million
Bitpanda, the Vienna-based investment platform, has closed a $263 million Series C round at a valuation of $4.1 billion.
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Fintech firm Chime raises $750 million, scores $25 billion valuation
Chime Financial, a banking app company, has raised $750 million in a new funding round led by Sequoia Capital Global Equities.
Venmo launches crypto cashback for credit cards
Venmo, the mobile payments app owned by PayPal, has announced that it is launching a new crypto cashback tool.
Revolut’s head of people departs after one year at the startup
The former Amazon executive brought into oversee Revolut’s human resources is set to leave the startup after roughly one year in the role.
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Figure boss Cagney sees digital assets exchanges as the 'centerpiece' of Apollo partnership
Mike Cagney, co-founder and CEO of Figure, shared some specifics about what the blockchain firm is working on with investment group Apollo.
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DriveWealth set to raise up to $400 million from SoftBank and Insight Partners: sources
DriveWealth is set to raise up to $400 million in a Series D round led by SoftBank and Insight Partners.
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Revolut staff can cash in 20% of eligible shares through SoftBank mega-round
Veteran staff at Revolut are being given the chance to sell a portion of their shares in the company as part of the British neobank’s $800 million Series E round.
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Revolut raises $800 million at $33 billion valuation: report
London-based neobank Revolut has raised $800 million in a round led by SoftBank Vision Fund 2 and Tiger Global Management.
Neobank Monese is the latest fintech firm to explore crypto products
London-based neobank Monese is exploring offering new crypto products through its banking app, according to people familiar with the matter.
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German neobank N26 is working with 'top-tier crypto exchanges' on new trading feature
N26, the Berlin-based neobank valued at $3.5 billion, is planning to launch crypto trading tools as part of a new marketplace initiative.
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Robinhood's S-1 goes public, detailing big surge in its crypto business unit since the start of 2021
Brokerage app company Robinhood's S-1 filing with the Securities and Exchange Commission (SEC) went public on Thursday as part of the firm's bid to go public.
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Coinbase rolls out high-yield USDC product, taking aim at fintech offerings
Coinbase has announced a new product offering that could set it apart from its fintech rivals in a world of low interest rates. The publicly traded cryptocurrency exchange unveiled Tuesday a new savings account-like product that allows users to earn 4% annual percentage yield (APY) by lending out USDC. “Coinbase’s high-yield alternative to traditional savings […]
Deutsche Börse Group takes majority stake in Crypto Finance AG
Deutsche Börse Group, the German exchange operator, has acquired a majority stake in Swiss crypto firm Crypto Finance AG.
UK regulator approves fifth crypto company for crypto-asset register
Mode Global Holdings, a London-listed fintech app, has become the fifth company to be added to the Financial Conduct Authority’s crypto-assets register.
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