BIS Innovation Hub to launch four new centres in Toronto, London, Paris and Stockholm

The Board of the Bank for International Settlements (BIS) is going to open four more BIS Innovation Hub centres across North America and Europe.

NGRAVE said to raise over €320,000 in crowdfunding

Cryptocurrency digital wallet NGRAVE has reportedly collected more than €320,000 in funding on crowdfunding platform Indiegogo.

Ava Labs reportedly raises $12m in a token sale

Ava Labs, an open-source platform for launching decentralised applications, has reportedly raised $12m in a private token sale, which was backed by several venture capital firms.

Aximetria releases new tool AxiCheck to enable people to see how tolerant their banks...

The Swiss crypto service Aximetria has launched a service solution to check bank cards for crypto tolerance, enabling users to see how likely their banks are to block a cryptocurrency transaction.

Telegram forced to return $1.2bn to investors that backed its cryptocurrency project and pay...

Telegram's battle with the American authorities has ended with the social media app agreeing to pay back all the proceeds made from its cryptocurrency project and to pay a hefty fine.

20 FinTech rounds from last week you can’t afford to be unaware of

FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.

Starling Bank’s co-founder’s new cryptocurrency startup Ziglu secures £5.25m in seed funding

Having left Starling Bank back in 2016, Mark Hipperson is now back with his new venture Ziglu, which has just bagged £5.25m in seed capital.

Trading platform Sparrow brings $3.5m back to its nest

Sparrow, an options trading platform, has bagged $3.5m in its Series A round as it looks to increase its product development.

Bitcoin wallet HandCash bags new investment from Two Hop Ventures and Unbounded Capital

HandCash fashions itself the embodiment of bitcoin founder Satoshi Nakamoto's vision and now it has strengthened its financial muscles to keep developing its cryptocurrency wallet through a new funding round.

Celsius secures $30m in new investment round led by cryptocurrency company Tether International

Blockchain-powered income and lending app Celsius Network has bagged $30m in a new equity round with Tether, the largest stablecoin issuer with a 90% market share, as its lead investor.

News Stories

Checkout.com warns businesses could risk losing $20bn because legitimate online payments are rejected as...

Businesses risk losing over $20bn annually due to legitimate transactions being rejected as fraudulent, which could cause a serious dent in their coffers as they recover from Covid-19, according to new research from Checkout.com.

SoftBank ups stake in PolicyBazaar despite the InsurTech’s CEO claiming the previous investment was...

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."

ESMA updates its data reporting guidance document for MiFIR

On Wednesday July 8, the European Securities and Markets Authority (ESMA) announced that it had updated its document on data reporting under the Market in Financial Instruments Regulation (MiFIR).

ESMA updates its guidance regarding data reporting under EMIR

The EU’s securities markets regulator has updated its questions and answers document on practical questions regarding data reporting issues under the European Markets Infrastructure Regulation (EMIR).

Saudi Arabia-based Lean said to raise $4.5m in its seed round

Saudi Arabia-based Lean has reportedly raised $4.5m in a seed funding round, which was led by RAED Venture.