IKEA’s holding company, Ingka Group, invests $22.5 million in fintech Jifiti
The investment arm of Ingka Group, owner and operator of 389 IKEA stores and e-commerce in 32 countries, has invested US$22.5 million in Jifiti.
Alpaca raises $50M to rapidly scale its API-delivered equities trading business
Alpaca has begun allowing other fintech companies to offer equities trading through its service to their consumer user bases.
London private equity firm Hg buys majority interest in Riskalyze
London private equity firm Hg said it is buying a controlling interest in Riskalyze Inc., a company provides advisers with risk and compliance technology.
Robinhood to buy fintech firm Say Technologies for US$140m
Robinhood is to buy fintech startup Say Technologies for US$140 million in an all-cash deal, weeks after the online brokerage’s stock market listing.
Coinbase is acquiring crypto data aggregator Zabo
Coinbase is to acquire Zabo, a crypto data aggregator that enables fintechs and financial services firms to connect with crypto exchanges and wallets.
US cracks down on investors using digital currencies to avoid tax
People who trade digital currencies must pay income taxes on any gains, even if some crypto investors have been ignoring their tax obligations.
ZenLedger raises $6m to simplify cryptocurrency tax and accounting
ZenLedger, a leading cryptocurrency tax software and blockchain analytics startup, have announced a $6 million Series A funding round.
Square makes $39 billion Afterpay takeover bid
Digital payments company Square has today announced plans to acquire Australian buy-now pay-later giant Afterpay for $39 billion.
