Jewel Bank, a new digital asset bank, launches in Bermuda
Bitbull Capital invested in Jewel Bank’s Series A round in 2022.
Digital Asset
Crypto exchange Coinbase extends hiring pause and rescinds some job offers
The firm cites “current market conditions” as a reason behind the move.
Cartoon: Untethered
A new cartoon illustrating the potential economic risks surrounding asset-backed stablecoins.
How CBDCs will transform the way India transacts
The proposed implementation of CBDCs will completely change how the country perceives money.
Blockchain fintech Oasis Pro lands $27m Series A
The company’s mission is “to bridge the world of traditional finance, blockchain and decentralised finance”.
Former Meta, PayPal chief launches Bitcoin payments start-up
Lightspark aims to “explore, build and extend the capabilities and utility of Bitcoin”.
Digital assets platform Elwood lands $70m Series A
The Series A cash will go towards expanding Elwood’s product offerings and global operations.
Blockchain data platform Chainalysis raises $170m Series F
The Series F pegs Chainalysis’ valuation at $8.6 billion.
FinTech Futures: Top five stories of the week – 13 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
KuCoin hits $10bn valuation with new $150m funding round
The round was led by Jump Crypto with participation from Circle Ventures, IDG Capital and Matrix Partners.
Crypto firm Talos bags $105m from investors including Citi, Wells Fargo and BNY Mellon
Existing investors Andreessen Horowitz, PayPal and Fidelity also took part in the round.
Bridging the gap between new and old payment methods
Payment experiences have changed significantly, with ‘alternative payment’ methods gaining more and more traction.
Fintech app for teens Copper secures $29m Series A
The latest round takes Copper’s total capital raised to date to $42.3 million.
Robinhood announces layoffs, sheds 9% of full-time workforce
CEO Vlad Tenev cites duplicate roles and job functions and “more layers and complexity than are optimal”.
How the regulation of fintech could help the UK stay competitive in the sector
The UK must balance innovation and competition with the need for customer protection through effective regulation.
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
Trading app Robinhood plots global expansion with acquisition of UK crypto firm Ziglu
Robinhood says the deal forms part of its mission to “democratise finance”.
FinTech Futures: Top five stories of the week – 15 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Crypto paytech MoonPay receives $87m from entertainment and sporting stars
MoonPay CEO says: “Web3 is radically changing the way we approach the business of entertainment, sports and music.”
Binance.US lands $200m in first funding round at $4.5bn valuation
The digital asset exchange will use some of the new funds on developing new products and services.
The systemic risks and vast opportunities in fintech
We speak with Megan Long, senior consultant at Deloitte, about the vulnerabilities, risks and innovations in the fintech ecosystem.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Bank of Canada and MIT kick off central bank digital currency research project
The one-year initiative will form part of the central bank’s research into digital currencies and fintech.
FinTech Futures: Top five stories of the week – 18 March 2022
Our pick of the top news stories from the world of finance and tech this week.
Citibank’s digital asset group leaders quit to set up new crypto venture
Alex Kriete and Greg Girasole say more details will follow in the coming weeks.
Can carbon coins help reduce your carbon footprint?
Connecting government accreditation and crypto can provide a viable alternative to carbon offsetting.
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.
