Wirex raises £1m in 90 minutes on Crowdcube

Payments startup Wirex has secured £1m in just 90 minutes via its Crowdcube campaign and smashed its crowdfunding target by 370%.

Bitcoin company NYDIG raises $50m

Cryptocurrency company NYDIG has bagged $50m in growth equity funding from investors including financial services companies in commercial banking, insurance, investment banking, and asset management.

India-based Unocoin closes $5m Series A round

Unocoin, which claims to be India’s first cryptocurrency exchange, has closed its Series A round on $5m.

How the 34 FinTech rounds raised last week show where the InsurTech and cybersecurity...

Last week proved to be good week in terms of FinTech investment, with the rounds revealing the state of CyberTech and InsurTech.

China is trialling its digital yuan

China has taken a place at the front of the nations looking to digitalise their economies by trialling its digital yuan.

The FCA bans the sale of certain cryptocurrencies like bitcoin

The Financial Conduct Authority (FCA) has banned the sale of derivatives and exchange traded notes that reference certain types of cryptocurrencies like bicoin, ripple and ether to retail consumers.

DeFiner bags investment from crypto investor SNZ Holdings

Decentralised finance network DeFiner has received an investment from SNZ Holding, a crypto fund created by a group of blockchain evangelists.

McAfee founder faces fraud charges for alleged $23m ICO scheme

John McAfee, the founder of cybersecurity company McAfee, is facing criminal charges after the Securities and Exchange Commission accused him of having failed to be transparent about being paid to promote initial coin offerings.

Bitpanda closes one of the largest Series A rounds in Europe this year

Austrian FinTech platform Bitpanda has closed its latest round on $52m, which it claims to be the largest Series A to be raised in Europe this year.

The European Commission proposes new regulation for digital payments and cryptos

The European Commission has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.

News Stories

User info leaked as e-commerce site tretti.se owner hacked

Swedish e-commerce company tretti.se's owner Whiteaway Group has seen confidential customer information being compromised in a ransomware attack.

British Patient Capital commits to adding $35m to Evolution Equity Partners’ new $250m cybersecurity...

British Patient Capital has committed to adding $35m to The Evolution Technology Fund II, which is aiming for a final $250m close to support cybersecurity and enterprise software startups.

MAP FinTech appoints Mark Ellis to lead business development

European RegTech leader MAP FinTech has named Mark Ellis as its new senior business development manager.

Total Network Services already plans second token sale after Series A one

San Diego-based blockchain business Total Network Services has closed of a Series A round of security tokens structured by city native venture Deal Box, a capital advisory and financial technology firm.

Lunar raises €40m Series C round as it plans to take a slice of...

Danish challenger bank Lunar has raised a €40m Series C round and is planning to go into the buy now, pay later market.

Watch the exclusive webinar with McKinsey and Akur8 to find out more 

How to capture value from pricing analytics in P&C insurance post COVID-19?

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