FinTech Futures: Top five stories of the week – 27 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Genesis
US crypto lender Genesis files for Chapter 11 bankruptcy protection
The firm is restructuring its lending business to reach “the best solution for clients and other stakeholders”.
Low-code development platform Genesis lands $20m funding from BofA, BNY Mellon and Citi
The company secured $200 million in a Series C round led by Tiger Global earlier this year.
Fintech funding deals globally 14 February – 20 February 2022
Featuring Neon, Flutterwave, RapidRatings, Spotter and Genesis.
Low-code platform for financial markets Genesis raises $200m
Genesis’ new round of $200 million in financing was led by Tiger Global Management.
Low-code firm Genesis raises $45m in Series B funding round
Genesis had raised $4.8m over nine years prior to the new injection.
ING partners with genesis to launch Credit Insurance Application
Dutch bank plans to revamp credit and political risk insurance.
XP Investments forms partnership with Genesis
This will help XP streamline & automate workflows.
Capital markets software firm Genesis makes $3m funding revelation
Then fintech said: “Let there be light funding”; and there was light funding.
