Robinhood, CRED-backed teen focused neobank FamPay cashes in $38m from Elevation, Sequoia Capital

Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.

FinTech firm Pollinate raises $50m in Series C round

London-based FinTech Pollinate has closed a $50m Series C round led by Insight Partners.

Stripe rival Mollie bags $800m mega Series C round at $6.5bn valuation

Amsterdam-based online payments processor Mollie becomes the third-largest FinTech unicorn in Europe after rival Checkout.com as it sealed a massive $800m financing round valuing the company at $6.5bn.

Dymon Asia Ventures reaches first closes for $50m FinTech fund

Singapore-based Dymon Asia Ventures is the FinTech-focused venture arm of hedge fund Dymon Asia Capital and aims to invest in 12 to 15 early-stage companies across South-East Asia.

Andreessen Horowitz leads $12m investment in Ethereum data startup Nansen

Nansen, a DeFi-native crypto tracer, has raised $12m in a Series A funding round led by Andreessen Horowitz (a16z).

FCA outlines new rules for the buy now, pay later market

The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers. With these new...

Coin Metrics bags $15m Series B to aid global expansion

Cryptoasset data and infrastructure platform Coin Metrics has raised $15m from a Series B round led by Goldman Sachs.

WeLab secures $75m in Series C1 round led by Allianz to scale up in...

Hong Kong-based FinTech unicorn WeLab raised $75m in new Series C1 funding round led by Allianz.

Crypto firm Circle closes $440m funding round

US cryptocurrency company Circle has raked in $440m from a funding round.

Card issuer Slice banks $10m debt funding from Northern Arc Capital

Credit card challenger Slice secured $10m in debt funding from multiple financial institutions like, Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India, and Vivriti Capital to name a few.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

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