Bitmain receives $50m from Sequoia and IDG

Bitmain, a manufacturer of Bitcoin mining hardware and other related services, has received $50m from Sequoia and IDG. Bitmain was founded in 2013 and is...

Mobius closes its pre-ICO on $30m

Blockchain technology developer Mobius has closed its pre-ICO on more than $30m.

Italian banks running blockchain pilot for interbank reconciliations

The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations.

Axoni collects $32m in Series B led by Goldman Sachs, Nyca Partners

Blockchain solution developer Axoni has collected $32m in its Series B round of financing, led by Goldman Sachs and Nyca Partners.

R3 strikes partnership with Dubai FinTech startup Wethaq

Enterprise blockchain company R3 has signed a strategic partnership with Wethaq, the Dubai-based FinTech startup, to develop a new financial market infrastructure in Islamic capital markets.

Ripple announces passing 300 customer milestone

Money-transfer company Ripple has over 300 customers and counting on its books.

Why are anti-money laundering practices and background checks so contested among cryptocurrency exchanges?

Customer background checks have again become a hotly debated topic in the cryptocurrency world.

Risk management platform for decentralised finance systems Opyn secures $2.16m in its funding round

Opyn, a decentralised finance (DeFi) protection and risk management platform, has closed a $2.16m funding round.

Crypto.com launched French Version of of its app and cryptocurrency exchange

After rolling out its card across 31 European markets earlier this year, Crypto.com has now launched its app and cryptocurrency exchange in France.

Coins.ph takes $5m for blockchain financial inclusion

Philippines-based Coins.ph has raised $5m in a Series A round to bring financial inclusion through blockchain technology. The funding was led by Quona Capital’s Accion Frontier Inclusion Fund.

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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