Bitpanda Raises $170M in Series B Funding, at $1.2B Valuation
Now Bitpanda is going to expand its offerings beyond cryptocurrency trading, serving as a one-stop platform for anyone looking to trade digital securities.
TransferWise Set to Introduce Investment Product
The new investment service from TransferWise will allow retail users to earn passive returns.
Tencent-backed Digital Bank N26 Raises Additional $100M Funding for Post-COVID Concerns
By Tolu Ajiboye
As it braces for the financial atmosphere after the coronavirus pandemic passes, N26 has pulled in new funding and is eyeing the Brazilian market.
BlockFi DLT Lending Giant Gets $30 Million in Its Series B Funding Round
BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.
Neobank Albo Gets $19M Series A Investment
Albo’s second round, $18 million funding was led by Peter Thiel’s VC firm Valar Ventures. The deal brought Mexico City-based Albo’s total raised to $26.1 million.
TransferWise Posts Continuous Profit for Third Consecutive Year
By Tolu Ajiboye
With a $223 million revenue for its last fiscal year which ended in March, TransferWise has grown by more than 50%. The company is still the most valued fintech startup in the U.K.
Cryptocurrency Lender BlockFi Secures New $18.3 Million Funding
By Tolu Ajiboye
BlockFi, a service that allows its users borrow fiat using crypto deposits, has just bagged $18.3 million in its Series A funding. The funds will reportedly be used to expand its products and employee base.