What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry
While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.
Ethereum rival Solana snags $314m led by Andreessen Horowitz and Polychain Capital
Solana has raised over $314m through a private sale of its native token SOL led by Andreessen Horowitz and Polychain Capital.
GroupSense and CipherTrace join forces to combat cryptocurrency cybercrime
Digital risk protection services company GroupSense and cryptocurrency intelligence firm CipherTrace are teaming up to help businesses identify threat actors and groups and thwart ransomware attacks.
Ledger hits $1.5bn valuation after Series C close
Ledger, an all-in-one digital asset management platform, has hit a $1.5bn valuation after the close of its Series C on $380m.
El Salvador becomes first country to make Bitcoin a legal currency
The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.
Eventus Systems signs deal with Asia-based digital asset platform OSL Digital Securities
Eventus Systems, a provider of multi-asset class trade surveillance and market risk solutions, has deployed its solution on OSL Digital Securities’ platform, as part of a new deal.
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...
InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.
Standard Chartered unveils plans to launch cryptocurrency trading venture
Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.
Unchained Capital secures $25m in funding, alongside $100m loan
Bitcoin-focused financial services platform Unchained Capital has closed its Series A round on $25m.
