Block.one backs new cryptocurrency exchange subsidiary with $10bn influx

US blockchain software company Block.one has invested $10bn into its new cryptocurrency exchange subsidiary Bullish Global.

Virginia VC closes seed, pre-seed fund to support LatAm FinTechs

Virginia-based venture capital enterprise Qed Investors has concluded a $12m network-driven fund to bolster seed and pre-seed FinTech companies in Latin America.

Marlin Equity acquires non-profit fundraising app FrontStream

Marlin Equity Partners has acquired FrontStream, a non-profit fundraising and corporate giving software developer.

Revolut adds new capabilities to boost Bitcoin uptake

UK-based FinTech Revolut has introduced new features for users which enable them to transfer funds from Bitcoin holdings to their own digital wallets.

Financial identities for world’s unbanked would add $250bn to the global GDP

Catering to underbanked people could add a massive boost to the global economy, according to a new study from Oxford Economics.

Classy scores $118m Series D to continue product development of fundraising technology

Classy, which provides fundraising software for non-profits, has closed a $118m Series D round, which was led by Norwest Venture Partners.

Crowdfunded Pebble will sell to Fitbit for just $40m

Crowdfunded smartwatch-maker Pebble is being acquired by fitness tracker Fitbit for as little as $40m. In total the company raised more than $43m through crowdfunding.

TreasurySpring secures $10m Series A to strength fixed-term-funds platform

UK FinTech startup TreasurySpring has secured $10m from a Series A funding round.

Cyber firm Claroty rakes in $140m from Series D, unicorn status uncertain

US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.

OurCrowd secures up to $3.6m for latest capital injection

Crowdfunding platform OurCrowd has secured up to $3.6m of funding in its latest fundraise, FinTech Global can reveal.

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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