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Thought Leaders

Nectar AI Raises $3.9M to Build Uncensored Immersive AI Companions

  • Nectar AI, an immersive AI companionship platform, raised $3.9 million in funding.
Monday, 02/09/2024 | 16:29 GMT by FM
Thought Leaders

Holonym Foundation Emerges with $5.5 Million Seed Funding

  • The Holonym Foundation is moving towards global digital inclusion.
Monday, 19/08/2024 | 08:29 GMT by FM
Thought Leaders

Social Infrastructure OpenSocial Protocol Receives $6M Strategic Backing

  • The backing was led by Framework Ventures and North Island Ventures to fuel community apps
Thursday, 25/07/2024 | 15:32 GMT by FM
FinTech

Fintech Sector Sees Revenue Growth despite 70% Funding Slump

  • BCG report shows fintech income rose 14% from 2021-2023 despite financing shortfall.
  • Industry shifts focus to profitability and compliance as embedded finance and AI shape future growth.
Wednesday, 26/06/2024 | 08:13 GMT by Damian Chmiel
FinTech

United Fintech Nets Key Investments from BNP Paribas, Citigroup

  • The fintech company gets its first strategic investments from institutional investors.
  • However, United Fintech hints that it is not the last collaboration in the near future.
Tuesday, 27/02/2024 | 07:46 GMT by Damian Chmiel
Payments

Finom Finds Raising $50M “Quite Easy” despite Tough Climate

  • The payment services provider for small businesses has already raised over €100 million.
  • The financing has come at a time when European fintech firms are struggling to find investors.
Tuesday, 13/02/2024 | 11:40 GMT by Damian Chmiel
FinTech

Fintech and VC Funding Plummet off a Cliff: Worst Results in 5 Years

  • Fintech funding has reached its lowest levels since 2017
  • Declines have spared virtually no region or industry.
Wednesday, 07/02/2024 | 11:20 GMT by Damian Chmiel
Institutional FX

Integral Secures $30 Million in Funding to Streamline Expansion Goals

  • The company will use the proceeds to expand its headcount and advance the product roadmap.
  • The funds were raised from Vistara Growth.
Friday, 26/01/2024 | 05:27 GMT by Arnab Shome
FinTech

UAE's Fintech Market Rises 92% amidst Global Funding Slowdown

  • Fintech investments globally drop to $51.2 billion in 2023.
  • The Middle East and Asia buck this trend, maintaining positive dynamics.
Wednesday, 10/01/2024 | 10:23 GMT by Damian Chmiel
FinTech

SumUp Raises over $300M, Defies European Fintech Trend

  • The company boosted its valuation and global fintech reach.
  • However, the broader industry is experiencing a funding slump.
Monday, 11/12/2023 | 09:08 GMT by Damian Chmiel
CryptoCurrency

Bitstamp Hunts for Funds: Crypto Exchange Plans Derivatives Trading Launch in Europe

  • Bitstamp wants to regain its status as one of the leading crypto exchanges.
  • Ten years ago, it was the second most important platform.
Tuesday, 08/08/2023 | 11:51 GMT by Damian Chmiel
Payments

Payments Platform Orbital Banks £5M in First Outside Capital Raise

  • The company will use the funds for growth and gaining licenses.
  • It has about 80 clients globally, the majority being CFDs brokers.
Thursday, 03/08/2023 | 09:00 GMT by Arnab Shome
Retail FX

NAGA Successfully Secures $8.2m Funding and Promotes New CEO

  • Milonas is taking the role of the company's Chief Executive Officer.
  • NAGA also informed about the closed funding round that begun in April.
Monday, 19/06/2023 | 12:33 GMT by Damian Chmiel
FinTech

TP ICAP Invests in FinTech Innovator ipushpull

  • TP ICAP takes a minority stake in the financial technology company from the UK.
  • ipushpull will utilize Series A funding to expand the current team and improve its platform.
Tuesday, 25/04/2023 | 07:54 GMT by Damian Chmiel
CryptoCurrency

Binance Labs Funds New Crypto Venture Fund Rising from Crypto Winter

  • This is Binance Labs' fifth investment since October.
  • Binance's venture arm has already backed more than 100 crypto projects.
Wednesday, 01/03/2023 | 10:11 GMT by Damian Chmiel
Thought Leaders

Mark Cuban, 500 Global Participate in Blocto Wallet Series A Funding

  • Blocto's success reflects its commitment to being a key blockchain company in the industry
Wednesday, 22/02/2023 | 14:01 GMT by FM
CryptoCurrency

VCs Not Interested in Blockchain Anymore as Funding Almost Stopped

  • Venture capitalists pumped $30 billion into the blockchain industry in H1 2022 and only $7 billion in H2.
  • The Web3 sector attracted the most attention.
Thursday, 26/01/2023 | 11:34 GMT by Damian Chmiel
CryptoCurrency

Web3 Startups Funding Falls $7b in Q4 2022

  • According to Crunchbase, last quarter’s numbers are 74% worse than a year before.
  • However, the entire 2021 performed well.
Monday, 16/01/2023 | 14:17 GMT by Damian Chmiel
CryptoCurrency

Crypto Market Maker Keyrock Closes $72m Funding

  • SIX, Ripple and Middlegame led the Series B founding round.
  • Funds will be used for regulatory licensing in Singapore, the US and Europe.
Thursday, 01/12/2022 | 09:57 GMT by Damian Chmiel
CryptoCurrency

Crypto Firm Archax Aims Scale Up amid $28.5M Series A Funding Round

  • The round was led by abrdn as the lead investor.
  • Archax was the first crypto company to receive FCA’s recognition.
Wednesday, 09/11/2022 | 06:50 GMT by Arnab Shome
FinTech

Bank of America and BNY Mellon Join AccessFintech’s $60 Million Funding Round

  • The Series C funding round was led by WestCap.
  • To date, AccessFintech has raised a total of $97 million.
Friday, 23/09/2022 | 12:12 GMT by Bilal Jafar
News

Mesh Payments Receives $60 Million in Fresh Funding

  • To date, the company has raised a total of $123 million.
  • Alpha Wave led the latest funding round.
Monday, 19/09/2022 | 11:58 GMT by Bilal Jafar
News

Binance Labs Increases Strategic Investment in Aptos Labs

  • The company announced the first round of investment in March 2022.
  • Aptos is planning to use the funds to support the development of its infrastructure.
Friday, 16/09/2022 | 08:06 GMT by Bilal Jafar
News

Canadian Fintech Investments Dip Sharply in H1 2022

  • The country’s fintech sector attracted $810 million in the first half of 2022.
  • In H1 2021, the figure stood at around $5.4 billion.
Friday, 09/09/2022 | 09:00 GMT by Bilal Jafar
News

Lightnet Group Secures $50 Million Capital Commitment from LDA Capital

  • The company is planning to expand its operations.
  • Lightnet is targeting growth opportunities in the payment and remittance space.
Tuesday, 30/08/2022 | 10:25 GMT by Bilal Jafar
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