Fintech funding deals globally 31 January – 6 February 2022
Featuring FTX, Chargebee, Koho, Phantom and League.
Cryptocurrency
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.
FTX Trading secures $400m Series C funding at $32bn valuation
The firm now claims to be the third-largest crypto exchange in the world.
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.
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.
USDF Consortium launches to develop and promote bank-minted stablecoin
The FDIC-insured banks want to “unlock the financial opportunities” of blockchain technology.
Digital asset fintech Zero Hash lands $105m in Series D round
The round saw participation from Bain Capital, NYCA and Point72 Ventures.
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.
Fintech funding deals globally 3 January – 9 January 2022
Featuring OpenSea, PayFit, Petal, Sygnum and Starling Bank.
Customers Bank brings digital asset bankers onboard
Investment “signals we are a serious participant in this space”, says CEO.
NetCents Technology hires Sholeh Atash as COO
NetCents says Atash will have executive oversight to ensure that all key performance metrics are met.
Alternative retirement investment platform Alto raises $40m in Series B
The firm claims more than 15,000 IRA investors with a billion dollars of assets under custody.
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.
The year ahead: Enhanced digitisation and the evolution of payments
Here are five predictions for how payments will continue to evolve in 2022.
Four fintech trends to watch in 2022 and beyond
The rise of Web3, instant checkout, and embedded finance are just a few reasons 2022 will be a pivotal year for fintech.
2021: Top five new fintechs and neobanks
FinTech Futures takes a look back at some of the year’s top new fintechs and neobanks.
2021: Top five fundraises
FinTech Futures takes a look back at some of the year’s most eye-catching funding rounds.
2021: Top five movers and shakers
FinTech Futures takes a look back at some of the year’s seminal hires and appointments.
New Jersey’s Manasquan Bank taps Bakkt for crypto services
The bank will take part in Bakkt’s “early adopter program”, set to launch in Q2 2022.
Nuvei partners Visa to launch branded crypto debit cards across Europe
The programme plays “a vital role in expanding the crypto ecosystem”, Nuvei CEO says.
HSBC and Wells Fargo launch blockchain-based FX settlement solution
The shared, private ledger enhances settlement speed and efficiency and reduces risk.
Cartoon: The Pied Piper
A new cartoon illustrating the pull of the current crypto and blockchain industry to draw in talent and capital.
Battle for crypto supremacy like tortoise and hare fable, says Hyphe CEO
With regulation comes legitimacy, clearing the way for traditional FIs to offer digital currencies to their clients.
Novi chief and co-creator of Diem David Marcus to leave Meta
Marcus is stepping down to pursue new entrepreneurial opportunities after seven years at the firm.
Fintech funding deals globally 29 November – 5 December 2021
Featuring Slice, 1inch, Prytek, Kueski and Fundbox.
New neobank Migom provides unbanked entrepreneurs essential banking services
The digital bank also provides crypto capabilities, including instant crypto transfers.
State of play: central bank digital currencies (CBDCs)
CBDCs must have interoperability at their core if they are to be adopted at mass scale.
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.
Family savings fintech UNest raises $26m in Series B round
Company is one of the few US fintechs with a female founder to gain investor funding to date.
MoonPay rides the crypto wave with $555m all-equity Series A round
MoonPay is on a mission to give the next billion people access to the crypto economy by 2030.
Crypto platform Gemini secures $400m in first outside funding round
The new capital injection values the company at $7.1 billion.
