WeWork expands financial flexibility through cryptocurrency collaboration
UK flexible space provider WeWork has revealed it will begin accepting payment in select cryptocurrencies after entering a partnership with BitPay and Coinbase.
Revolut becomes latest unicorn following $250m Series C
London-based banking app Revolut has become the newest FinTech unicorn following its latest $250m funding round.
Sequoia-backed Finix surpasses $100m in total funding, aims to boost diverse investors
Payments infrastructure company helping vertical SaaS companies, Finix has surpassed $100m in total funding.
Jack Dorsey’s Block completes Afterpay acquisition
Twitter co-founder Jack Dorsey’s digital payments platform Block (previously Square) has completed its acquisition of Buy Now, Pay Later (BNPL) firm Afterpay.
Karmic Labs bags $17.2m Series B
Payment provider Karmic Labs has bagged $17.2m in its Series B funding round and adds two new members to its board of directors.
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.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
Indonesia’s PAYFAZZ raises $53m in its Series B
Indonesia-based PAYFAZZ has reportedly raised $53m in its Series B round which was led by B Capital Group and Insignia Venture Partners.
Alerzo bags $10.5m in Nosara-led Series A
Nigerian FinTech Alerzo has raised $10.5m from a Series A funding round led by Nosara Capital.
India unveils new digital currency, Nigeria eyes e-currency launch in October 2021
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
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