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21.co, the world’s leader in providing access to crypto through simple and easy-to-use products, today announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions.
Axis Bank, India’s third largest private sector bank has partnered with PayNearby, India’s largest branchless banking and digital service network, to offer the seamless opening of savings and current bank accounts for both last mile retailers and customers. Enabled by Aadhaar-led authentication (eKYC), the opening of these bank accounts at a nearby local store will ensure easy access, greater convenience and a hassle-free process for customers.
According to the Pulse of Fintech H1’ 2022 – a bi-annual report published by KPMG highlighting global fintech investment trends – Global fintech investments in H1 2022 recorded $107.8B with 2,980 deals.
British Business Investments today announces an initial commitment of €30 million to Atempo Growth’s inaugural venture debt fund, which will target VC-backed businesses in the UK and Europe.
Thirdfort, a risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has secured equity investment from Pepper Advantage, a global credit intelligence company.
Today, BaaS (Banking as a Service) fintech firm Griffin announced the launch of Verify, a customer onboarding product. Verify will help regulated fintechs onboard customers at scale while meeting regulatory requirements.
Leveraging blockchain technology to alleviate the complexities faced by asset managers with funds in multiple geographies, global Fintech leader Broadridge Financial Solutions, Inc. has released a multi-jurisdictional version of its private equity platform, Private Market Hub, now available to funds domiciled in North America.
SEBA Bank, a leading global crypto bank, simplifying access to the digital assets economy through a suite of fully regulated banking services, has today launched Ethereum staking services, an institutional-grade offering enabling clients to earn staking rewards on Ethereum, the second largest cryptocurrency by market cap.
Creditcare Technology, an innovative, multinational consumer finance company, today announced that they have partnered with MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, to expand further into the emerging markets of the Philippines, Vietnam, and, now Nigeria with Moneygram.
