Can carbon coins help reduce your carbon footprint?
Connecting government accreditation and crypto can provide a viable alternative to carbon offsetting.
Cryptocurrency
Broaden your horizons – cryptocurrency payments will be in high demand
Online merchants will soon need to offer crypto as a standard – how to choose the right platform for this?
BNY Mellon first GSIB to integrate Chainalysis crypto compliance software
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
ICYMI fintech funding round-up: Blend, Canza, IMAN, NayaPay, NymCard, Plinqit, & Tiiik
Our weekly fintech round-up for you to get the latest funding news.
Crypto firm Bitpanda acquires Trustology to launch custody service
Trustology will be rebranded as Bitpanda Custody, providing an institutional-grade crypto custody platform.
Digital asset platform Amber Group valued at $3bn following $200m Series B+ round
The total investment to date in the company now stands at $328 million.
US fintech start-ups Airbase, Genesis Volatility, and Tilled raise funds
A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.
Finovate supplement: stand out and showcase your brand to fintech professionals
Our Finovate supplements are a great way for you to gain additional brand awareness.
Compliance tech provider Sardine raises $19.5m in Series A
New funding came from Andreessen Horowitz, NYCA and Experian Ventures.
UK fintechs conduct blockchain settlement test with NatWest and Santander
Fnality, Nivaura and Adhara teamed up with NatWest and Santander for the proof-of-concept pilot.
Open Banking Expo’s CBDC conference to return for a second year
The virtual conference will be held on 10 March 2022.
India confirms digital rupee CBDC to debut by 2023
The finance minister announced a raft of digital economy support measures in her Union Budget 2022-23 speech.
FinTech Australia appoints paytech veteran Andrew Porter as CEO
Porter previously held senior roles at OFX, World First and TransferMate.
Fintech funding deals globally 31 January – 6 February 2022
Featuring FTX, Chargebee, Koho, Phantom and League.
Video: fintech news pick of the week – Diem, SAP & FTX
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Crypto wallet Phantom launches app following $109m Series B raise
Phantom claims to be “the fastest growing crypto wallet”.
Meta drops crypto project Diem due to regulatory roadblocks
The Diem Association has sold its intellectual property and tech assets to Silvergate Capital in a $182m deal.
Crypto platform Rain rakes in $100m in Series B funding
Rain’s $110m Series B funding round was co-led by Paradigm and Kleiner Perkins.
FTX Trading secures $400m Series C funding at $32bn valuation
The firm now claims to be the third-largest crypto exchange in the world.
Crypto paytech BCB Group acquires software firm LAB577, gains new CTO and COO
LAB577 founder Richard Crook and Farzad Pezeshkpour join BCB Group as COO and CTO, respectively.
CoinTracker lands unicorn status with $100m Series A round
Users collectively track over $50 billion in crypto assets on CoinTracker.
Digital asset custody platform Fireblocks worth $8bn following $550m Series E
The round makes Fireblocks the highest-valued digital asset infrastructure provider in the world.
Fintech funding deals globally 24 January – 30 January 2022
Featuring Fireblocks, FTX US, Creditas, Esusu and CoinTracker.
Fintech start-up destream to launch bank card aimed at internet content creators
Destream says banks often block large payments from donations and platform subscriptions.
Crypto paytech BCB Group lands UK blockchain industry’s largest Series A with $60m raise
BCB claims to have processed nearly $100bn worth of payments in just over five years of business.
Philippines’ UnionBank picks Metaco’s Harmonize to manage digital asset operations
Metaco provides security-critical software and infrastructure for the digital asset ecosystem.
Banking on the metaverse
Having a presence in the metaverse seems inevitable, and the best time to understand the possibilities is now.
Crypto asset software and data provider Lukka lands $110m in Series E
New York-based Lukka is now valued at $1.3 billion.
Crypto IRA software platform iTrustCapital secures $125m in growth equity
The growth equity investment round values the company at more than $1.3bn.
BitPay hires payments veteran Jim Lester as first COO
BitPay CEO says appointment of COO was necessary as more payments move to the blockchain.
Fintech funding deals globally 10 January – 16 January 2022
Featuring Checkout, Qonto, CAIS, Qraft Technologies and SEBA Bank.
House of Lords committee says UK digital pound is “solution in search of a problem”
The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.
UK’s Financial Conduct Authority hands out £568m worth of fines in 2021
The scrutiny of large financial services giants formed part of the FCA’s broader strategy.
USDF Consortium launches to develop and promote bank-minted stablecoin
The FDIC-insured banks want to “unlock the financial opportunities” of blockchain technology.
SIX, BIS and SNB conduct CBDC core banking integration test
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.
Digital asset fintech Zero Hash lands $105m in Series D round
The round saw participation from Bain Capital, NYCA and Point72 Ventures.
Indonesian fintech start-up Pluang raises $55m in Series B follow-up round
The company has now raised $110 million in total Series B funding.
Swiss digital assets bank SEBA raises $120m in Series C funding round
The round was co-led by a consortium of specialised blockchain and fintech investors.
Crypto exchange CoinDCX names former Wells Fargo exec Divakar Prayaga head of information security
Launched in 2018, CoinDCX claims to be India’s “safest crypto exchange”.
Fintech start-up Twig raises $35m to support Web 3.0 plans
The London-based fintech intends to expand into the EU and US in 2022.
