Bitcoin

24 FinTech investment rounds from the last week that could tell you about the...

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.
BIS

BIS Innovation Hub unveils new CBDC prototype

The Bank of International Settlements (BIS) Innovation Hub Swiss Centre has launched a new project as a prototype CBDC.

Russian central bank to initiate digital ruble pilot

The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.

VC firms help digital assets, bitcoin futures business Bakkt to $182.5m funding round

Digital assets and bitcoin futures startup Bakkt says it is ready to build on a bellwether 2018 after picking up $182.5m of new funding.

South Korea to introduce digital currency regulatory framework by 2024

South Korea government has revealed it is planning to enforce all-inclusive regulations for the digital currency industry in 2024.

Starling Bank’s co-founder’s new cryptocurrency startup Ziglu secures ?5.25m in seed funding

Having left Starling Bank back in 2016, Mark Hipperson is now back with his new venture Ziglu, which has just bagged ?5.25m in seed capital.
CBDC

France and Luxembourg conclude CBDC project

The central banks of France and Luxembourg have finished an experimental CBDC project to settle a ?100m digital native bond, claims Finextra.

Over half of crypto experts believe bitcoin will replace fiat money by 2050

A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.

Not everyone is happy about Manny Pacquiao launching a cryptocurrency

Several celebrities have launched or backed cryptocurrencies over the past few years. However, opinions are divided about if it’s a good thing or not.

Elon Musk faces $258bn lawsuit for allegedly defrauding Dogecoin investor

Elon Musk will face a $258bn lawsuit from an investor of the Dogecoin cryptocurrency for defrauding him through a crypto pyramid scheme.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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