Enova announces acquisition of Pangea Universal Holdings, a next-generation payments platform
Enova, a leading US fintech company powered by machine learning and artificial intelligence, announce that it has acquired Pangea Universal Holdings.
Birmingham fintech company Immediate secures $15.5M to fuel its growth
Local financial wellness company Immediate, has secured $15.5 million to fuel its growth – with funding split between growth equity and a working capital facility. Immediate, which is based at Innovation Depot, aims to improve the financial well-being of its users by providing on-demand access to earned wages, working directly with employers to make service available to employees. “We could not be more excited about the impact this funding will allow us to create,” said Matt Pierce, Immediate founder and CEO. “We have proven the value of our solution to both partners and the market at large, and Immediate is now poised to continue accelerating towards our mission to positively […]
DTCC proposes way forward to achieving global data harmonization in derivatives trade reporting
The Depository Trust & Clearing Corporation (DTCC) today outlined a three-prong plan to further harmonize derivatives trade reporting requirements.
What are NFTs: everything you need to know about non-fungible tokens
Non-fungible tokens are giving content creators a new level of control over their work, particularly in the worlds of digital art and collectibles.
Stripe has raised a new round of funding to accelerate momentum in Europe
Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation.
Bitcoin surges past $60,000 for first time
Cryptocurrency Bitcoin has risen for the first time above US$60,000 (£43,100 / A$77,000 / €50,000), continuing its record-breaking run.
M1 Finance lands $75 million to double employees
M1 Finance announced it raised another $75 million in funding. The latest cash influx will be used to double employees to nearly 300 by year end.
Coinbase on course for $100 billion pre-IPO valuation
Some of Coinbase’s shares had earlier traded at $375 a share, which set it on course for a $100 billion valuation.
