P2P lending platform Celsius closes ICO on $50m

P2P decentralised lending and borrowing platform Celsius has closed its ICO on $50m.

Trecento Blockchain Capital launches ICO for blockchain investments

Trecento Blockchain Capital, a blockchain-centric investment solution, has launched its Initial Coin Offering (ICO), which is dedicated to blockchain investments.

Crypto exchange Seed CX nets $15m Series B

Cryptocurrency exchange Seed CX has netted $15m in its Series B round which was led by Bain Capital Ventures.

“Bitcoin Hyper” network claims 2-second transaction times, but issuance terms unclear

Bitcoin Hyper claims its network is the fastest Bitcoin around the world and can greatly improve transaction times compared with others.

Santander creates new “payment corridor” via Latin America and the US with Ripple’s blockchain...

The Spanish Bank Santander is expanding its One Pay FX service further into Latin America after introducing the service in Spain, the UK, Brazil and Poland in 2018.

Arival Bank has raised £1.87m in a pre-Series A equity crowdfunding campaign

Singapore-based Arival Bank has pulled in £1.87m in a pre-Series A equity crowdfunding campaign on Crowdcube.

Cryptocurrency accounting platform Verady closes new round

Verady, a cryptocurrency accounting and audit platform, has closed a new round of funding led by early-stage venture capital firm TTV Capital.

Banxa bags $2m in its Series A led by NGC Ventures

Australian fiat-to-crypto solution Banxa has collected $2m in its Series A which was led by NGC Ventures.

The Libra Association has kickstarted the licensing process with Swiss FINMA

After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.

FCA reminds cryptoasset businesses to register before the end of June

The UK’s Financial Conduct Authority (FCA) has reminded businesses engaged with cryptoassets to register before June 30 2020.

News Stories

Rapyd snares $300m Series E to accelerate growth and acquisitions

US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.

ComplyAdvantage, McKinsey execs bet on UK-based cybersecurity startup seedata.io in pre-seed round

Seedata.io, a London-based cybersecurity SaaS startup, raised £640,000 in a pre-seed funding round.

Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...

Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.

BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

FinTech VC Element snares $130m for B2B fund

UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.

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