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.
NYDig raises $200M from Soros, Morgan Stanley
NYDig, a fintech firm focused on Bitcoin, said it has raised $200 million from strategic partners including Soros Fund Management and Morgan Stanley.
PayPal to acquire cryptocurrency security startup Curv
PayPal has agreed to acquire cryptocurrency security startup Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets.
$1.3m funding round to help Collateral Velocity expand its fintech platform
Charlotte-based fintech startup Collateral Velocity has raised a new round of funding that it will use to help expand its platform.
TaxBit raises $100 million to enable mainstream cryptocurrency adoption
TaxBit, which offers cryptocurrency tax and accounting automation software announce a record-breaking $100 Million Series A funding round.
Dallas is ‘up-and-coming city’ for fintech companies as big investments keep coming
The Dallas area grabbed the No. 10 spot in the U.S. in the fintech ecosystem ranking, according to Findexable, which tracks the sector for various regions.
