ICYMI funding round-up: Anfin, Cion Digital, D2X, KRM22, & Orenda Finance
Our weekly “In Case You Missed It” funding round-up for you to get the latest funding news.
Trading Technology
MODIFI secures $145m in debt financing to boost SME trade support
“2021 has been a challenging year for SMEs,” says MODIFI CEO.
Digital asset infrastructure provider Anchorage raises $350m in Series D round
The round, led by global investment firm KKR, values Anchorage at over $3 billion.
Collateral analytics platform Cassini secures $20.5m financing round
“With this latest investment, we look forward to deepening and expanding our solutions,” CEO says.
Start-up Quantile acquired by London Stock Exchange Group
LSEG will pay a maximum aggregate consideration of up to £274 million to Quantile’s shareholders.
Abrdn to acquire online investment platform Interactive Investor in £1.49bn deal
Abrdn had previously confirmed it was in talks to acquire the company in November.
Video: fintech news pick of the week – MoonPay, Airwallex & Gemini
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Lydia to white-label Bitpanda platform for digital assets
Partnership will provide investment opportunities to Lydia’s 5 million customers via its app.
Crypto platform Gemini secures $400m in first outside funding round
The new capital injection values the company at $7.1 billion.
Fintech funding deals globally 15 November – 21 November 2021
Featuring Gemini, Upgrade, CloudWalk, EasyHealth and Airwallex.
Social investing app Shares hires former Revolut product lead as CPO
Harjas Singh will be based in the company’s London office.
Singapore and UAE conduct first cross-border digital trade document transfer
Singapore’s TradeTrust enables counterparties and banks to validate documents digitally.
Fintech funding deals globally 1 November – 7 November 2021
Featuring Mynt, Plate IQ, Chipper Cash, Mythical and Moonfare.
What the FinTech? | S.2 Episode 23 | An alternative approach to data
Marina Goche, chief executive officer at Sentifi, joins us on this week’s episode of the What the FinTech? podcast.
Joshua Barraclough moves from JP Morgan to crypto trading platform Bitpanda
The new recruit takes the CEO role at Bitpanda’s crypto exchange, Bitpanda Pro.
Video: fintech news pick of the week – Stripe, M1 Finance, HSBC & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
New social investing app AleFi launches in US
AleFi aims to help new retail traders understand the market and follow trends.
Citi picks Capital One’s Naveed Anwar for digital head of TTS
The Capital One man is an industry veteran of 20 years across PayPal, eBay and AOL.
Bond trading fintech Trumid secures $208m in financing to fuel growth
Cash will be used for technology development and to expand into new markets.
The importance of democratising online trading
The growing number of new traders is a reminder that online trading cannot remain exclusive to an elite group.
Fintech funding deals globally 4 October – 10 October 2021
Featuring Devoted Health, CoinSwitch, Ajaib, Sky Mavis and Masterworks.
Deutsche Börse plans digitisation for German capital markets
German exchanges operator aims for 80% of all securities to be digital by end of 2022.
SDX receives FINMA approval to launch Swiss digital asset trading platform
The authorisation will enable SDX to go live with a fully regulated offering.
Irwin secures $20m in Series A funding round led by K1
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
Trade surveillance fintech Eventus secures $30m Series B funding
Eventus will use the Series B cash to continue its growth.
State Street to acquire BBH Investor Services in $3.5bn deal
State Street says the deal will help enhance its investment products and services.
Video: fintech news pick of the week – BillDesk, Banco Inter, OPay & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Crypto exchange FTX.US acquires derivatives platform LedgerX
The firm aims to bring regulated crypto derivatives to its US user base.
PayPal plans launch of retail trading division
Invest at PayPal planned as new operation by payments giant.
API fintech Alpaca secures $50m in funding
The stock brokerage platform also announced a new crypto offering and a partnership with Plaid.
Mexican fintech Flink lands $57m in Series B round
New investment follows the company’s $12 million Series A round in February.
Trading technology firm DriveWealth secures $450m Series D funding
Fintech will use the funds for continued product and service expansion and additional hires.
Fintech funding deals globally 16 August – 22 August 2021
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
Wealth management start-up Smallcase raises $40m in Series C funding
The round included participation from e-commerce giant Amazon.
Bitpanda valued at $4.1bn after $263m Series C raise
Austrian firm has now raised around $546 million in total funding.
CoinDCX lands $90m Series C funding to become India’s first crypto unicorn
The round was led by Facebook co-founder Eduardo Saverin’s B Capital Group and returning investors.
ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Digital assets platform FalconX hits $3.75bn valuation with $210m Series C round
The California-based firm plans further growth and strategic acquisitions.
UBS fined by Hong Kong’s SFC for compliance breaches
SFC slaps $1.5 million fine on Swiss bank for multiple issues.
Fintech funding deals globally 2 August – 8 August 2021
Featuring Rapyd, Human Interest, Unico, Matrixport and Kuda.
