Payments startup Wirex has secured £1m in just 90 minutes via its Crowdcube campaign and smashed its crowdfunding target by 370%.
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.
Unocoin, which claims to be India’s first cryptocurrency exchange, has closed its Series A round on $5m.
Last week proved to be good week in terms of FinTech investment, with the rounds revealing the state of CyberTech and InsurTech.
China has taken a place at the front of the nations looking to digitalise their economies by trialling its digital yuan.
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.
Decentralised finance network DeFiner has received an investment from SNZ Holding, a crypto fund created by a group of blockchain evangelists.
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.
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 has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.