SONM’s ICO nets $42m in only four days

Blockchain platform Supercomputer Organised by Network Mining has completed a $42m ICO in just four days.

Ookami acquires 18% stake in Brontech

Ookami, which looks to foster the blockchain and security ecosystem, has acquired a strategic stake into big data platform Brontech.

Andra Capital raises up to $500m for its tokenised investment fund

Andra Capital has raised up to $500m for its late-stage blockchain technology growth fund.

Al Weiss’ GBV launches $100m fund to invest in blockchain tech

Global Blockchain Ventures has launched a $100m venture focused on investing in blockchain technology.

Swedish e-commerce cryptocurrency company QuickBit’s profits jump by 60 per cent

QuickBit, a FinTech enabling e-commerce retailer get paid with cryptocurrencies, has got improved its quarterly profit by 60 per cent to £2.42m.

CFTC accusses Nevada entrepreneur of running a $11m cryptocurrency Ponzi scheme

A top US regulator is accusing the Circle Society and its owner David Gilbert Saffron of fraudulent solicitation, misappropriation and registration violations.

Agora Innovation collects seven-digit pre-Series A

Agora Innovation, a blockchain-based investment and issuing platform for digital assets, has collected a seven-digit pre-Series A round.

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.

Barclays and Wave carry out first blockchain trade transaction

Barclays has partnered with Fintech startup Wave to carry out what it claims in the first global trade transaction using blockchain technology.

Cryptocurrency investment collective AICoin collects over $3m in ICO

AICoin, an investment service which leverages off blockchain technology to deliver revenue, has seen its ICO raise more than $3m. Earlier this year, London-based cryptocurreny...

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.