TaxBit raises $100m to scale its cryptocurrency taxation software

Cryptocurrency tax and accounting automation firm TaxBit raised $100m in a Series A funding round led by crypto investment fund Paradigm and Tiger Global.

Digital asset platform Finoa banks $22m in a Series A round

Berlin-based digital asset custody and financial services platform for institutional investors and corporations Finoa closed a $22m Series A funding round.

Chinese associations call for crypto crackdown citing safety concerns

Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.

World Bank rebuffs El Salvador with Bitcoin currency integration

The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.

FalconX bolsters unicorn status with $210m Series C

Cryptocurrency financial services platform FalconX has lifted its valuation to $3.75bn following a $210m capital raise in its Series C.

Financial inclusion on the mind of Sri Lanka with payment solution launch

The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.

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.

SparkLabs launched new $100m vehicle for blockchain, cryptocurrency

SparkLabs Group has launched a $100m vehicle focused on blockchain and cryptocurrency companies.

EU mutual funds record-keeping platform IZNES closes its first funding round

IZNES, a blockchain record-keeping platform for EU mutual funds has secured an undisclosed strategic investment.

SOMA raises €50,000 in Round One funding from Business Finland

SOMA, a blockchain solution to facilitate trade and social interactions, has received an initial investment from Business Finland.

News Stories

Okcoin locks in $1m commitment to boost cryptocurrency inclusivity

US cryptocurrency platform Okcoin has committed $1m to increasing diversity and inclusivity in the crypto space.

BNPL provider Kueski lands funding to service Mexico

Mexico City-based online lender and Buy Now, Pay Later (BNPL) provider Kueski has raised $202m in a debt and equity round led by StepStone Group, a report by Finextra has revealed.

Panther Labs joins the ranks of CyberTech unicorns

Cloud-scale security analytics platform Panther Labs has scored $120m in its Series B round, as it gears up for rapid market expansion.

Women of colour neobank gearing up for launch

GoWomen, a challenger neobank priding itself on being the first FinTech company for women of colour, is taking early sign ups ahead of its 2022 launch.

Octamile raises $500,000 as it exits stealth

Nigeria-based InsurTech startup Octamile has come out of stealth mode with $500,000 from a pre-seed funding round led by EchoVC.

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