Fintech developer Securrency raises $30 million, to expand in UAE
Securrency will also expand in the United Arab Emirates (UAE), where it already has an office, to provide financial services.
Fintech startup Current valuation triples after Andreessen funding
Fintech startup Current has raised $220 million in a funding round led by venture capital giant Andreessen Horowitz that lifted its valuation by three-fold to $2.2 billion. The New York-based company said in a statement on Tuesday it planned to use the new funds to expand its product portfolio, including cryptocurrencies. Current has no immediate plans of considering a stock market listing but will look to be ready to go public in the next few years, its founder and Chief Executive Officer Stuart Sopp said in an interview with Reuters. Venture capital firms are betting big on fintech firms after the COVID-19 pandemic drove a surge in online transactions last […]
Taulia expands into inventory management, addressing a key supply chain challenge for companies
Taulia, the leading fintech provider of working capital solutions, has today announced it is expanding its offering to include inventory management.
Mastercard and digital currency exchange Gemini to launch crypto rewards credit card
Mastercard Inc and U.S. cryptocurrency exchange Gemini will launch the first credit card that gives users crypto rewards on purchases.
Startup gets backing to create clearing firm for equities
Embedded Financial Technologies is a new custodian-and-clearing firm for equities founded by Michael Giles, who previously ran Square’s Cash App.
Greenlight raises $260 million led by Andreessen Horowitz to expand its family finance platform
“The demand for Greenlight’s family finance solution continues to grow,” said Johnson Cook, Co-Founder and President of Greenlight.
Paysend partners with Plaid for faster and easier worldwide money transfers
Paysend to provide a more streamlined experience in connecting and transacting from bank accounts to Paysend’s worldwide money transfer app.
The Impact of COVID-19 on Capital Markets Operations
The Depository Trust & Clearing Corporation today published a white paper examining how capital markets operations responded during the COVID-19 pandemic.
