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.

Young Platform bags €787k in crowdfunding campaign

Cryptocurrency exchange Young Platform has raised €787,000 in a crowdfunding campaign, surging past its initial €500,000 target.

SwissBorg teams with OpenPayd to bolster financial service suite

Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.

Crypto trading platform AltFINS said to raise €1m in funding

AltFINS, a cryptocurrency trading management platform, has reportedly raised €1m in a seed funding round to improve its technology offering.

Andra Capital raises up to $500m for its tokenised investment fund

Andra Capital has raised up to $500m for its late-stage blockchain technology growth fund.

BitFury lands $30m in deal with Credit China FinTech

Bitcoin and blockchain infrastructure and security provider BitFury has landed $30m from Chinese financial services provider Credit China FinTech.

Bitwise raises $4m alongside crypto-fund launch

Cryptocurrency fund manager Bitwise Asset Management has closed a $4m seed round of funding, alongside the launch of its HOLD 10 Private Index Fund.

Cambrian Asset Management bags $4.2m in its seed round

Quantitative investment firm for digital assets Cambrian Asset Management has bagged $4.2m in its oversubscribed seed round.

Crypto asset trading platform Altonomy bags $7m seed

Altonomy, an online trading platform for cryptocurrency assets, has bagged $7m in a seed financing round.

Vertex Ventures said to back Binance to support Singapore expansion

Vertex Ventures has reportedly invested into cryptocurrency exchange Binance to support its expansion in the company.

News Stories

Kin Insurance retreats from IPO

Home insurance platform Kin Insurance has agreed to terminate its planned merger with special purpose acquisition company Omnichannel Acquisition Corp, due to “unfavourable market conditions”.

Sanad Cash – the latest Saudi Arabian FinTech to close funding in 2022

Sanad Cash, a Saudi Arabia-based on-demand payment and spend management platform, has scored $1.6m in its seed round.

SaaS provider for asset allocation T-REX gets claws on $40m

T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.

Simplisafe teams with Aviva to offer bolstered insurance protection

Security firm Simplisafe has teamed with insurance company Aviva to help businesses reduce the severity or prevent costly insurance claims on their premises.

Mollie joins forces with Chargebee to streamline subscription payments

Dutch payment service provider Mollie has partnered with subscription management platform Chargebee to help simplify subscription payments.

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