Cryptocurrency company Bifrost secures $600,000 seed investment

Cryptocurrency startup Bifrost picks up $600,000 to solve trading issues on decentralised finance (DiFi) markets.

Cryptocurrency exchange Bithumb found partially liable in data leak

South Korean cryptocurrency exchange Bithumb has been found partially liable for a data leak in 2017 that cost a customer over $27,200.

Cryptocurrency exchange FTX is acquiring portfolio tracking app Blockfolio in $150m deal

FTX, the cryptocurrency exchange, is acquiring portfolio tracking app Blockfolio in a deal worth $150m.

FamaCash and Stably sign partnership

Digital financial service network FamaCash has inked a deal that will see the Stably Corporation provide development support for Fama's portfolio of financial service platforms.

29 FinTech funding rounds from the last week that you can’t afford to miss

While Robinhood's massive Series G round may have secured the most headlines last week, InsurTech and PropTech ventures bagged the most capital injections.

Decentralised finance technology platform Kira closes new funding

Decentralised finance technology platform Kira has closed its seed round an oversubscribed round on $2.2m.

US authorities seize millions in bitcoin linked to terrorism financing

The US justice department has announced that American authorities have seized millions of dollars in cryptocurrency linked to online terrorist financing campaigns involving Hamas, al-Qaeda and ISIS.

MarketOrders launches blockchain to prevent gold and jewellery fraud

Gold and jewellery marketplace MarketOrders is launching an end-to-end blockchain solution in order to combat inefficiencies and minimise fraud.

MAS, NRF and NUS launch research institute to bolster the digitalisation of the Asian...

The Asian Institute of Digital Finance (AIDF) is a new initiative from three Singaporean authorities to speed up the development of digital financial services in Asia.

32 rounds raised in the last week that could add some optimism despite Covid-19

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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