Posts From Fintech News America

London Stock Exchange Inks US$325 Million Deal to Acquire TORA

The London Stock Exchange Group (LSEG) announced that it has agreed to acquire TORA, a US-headquartered cloud-based technology provider that supports customers trading multiple asset classes across global markets, for US$325 million. The acquisition is expected to close later this

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Flutterwave Closes USD $250M in Series D Funding

Flutterwave announced that it has raised USD $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. Flutterwave has become the highest

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BBVA to Invest $300 Million in Brazilian Digital Bank Neon

BBVA has reached an agreement to invest $300 million (about €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims to improve access to financial services for individuals, self-employed and small businesses in its country. Neon has

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FNZ Raises US$1.4 Billion, Now Valued at US$20 Billion

FNZ, a global wealth management platform, announced that it has secured US$1.4 billion in new equity funding from Canada Pension Plan Investment Board (CPP Investments) and Motive Partners. CPP Investments had committed to pouring in a total of US$1.1 billion.

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Crypto.com Announced as Official Title Partner of the Formula 1 Miami Grand Prix

South Florida Motorsports (SFM) announced the HK based Crypto.com as the official title partner of the Formula 1 Miami Grand Prix. This prestigious new deal will see Crypto.com become an integral part of the newest Formula 1 event on the

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US Federal Reserve Releases Discussion Paper on Central Bank Digital Currency

Recent technological advances including blockchain, cloud computing and artificial intelligence (AI) have ushered a wave of new private-sector financial products and services, paving the way for rapid developments in money. While dozens of countries are already in the development and

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Google Cloud Meets Digital Assets and Crypto Payments

Blockchain technology is yielding tremendous innovation and value creation for consumers and businesses around the world. As the technology becomes more mainstream, companies need scalable, secure, and sustainable infrastructure on which to grow their businesses and support their networks. Google

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Crypto Firm Fireblocks Raises US$550 Million, Now Valued at US$8 Billion

Fireblocks, a US-based platform that allows financial institutions to store, move and issue cryptocurrencies, has raised US$550 million in Series E funding, vaulting its valuation to over US$8 billion. The funding round, co-led by D1 Capital Partners and Spark Capital

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IMF Executive Board Concerned about El Salvador’s Chivo E-Wallet

The Executive Board of the International Monetary Fund (IMF) on January 24, concluded the Article IV consultation with El Salvador. The pandemic interrupted ten years of growth, but El Salvador is rebounding quickly. Robust external demand, resilient remittances, and a

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TransUnion Taps Spring Labs to Bring Credit Data to Public Blockchain Networks

Blockchain-based data-sharing platform Spring Labs announced that is bringing TransUnion’s identity and credit data on-chain to help accelerate Web 3 and DeFi adoption. The off-chain credit data from TransUnion, a global information and insights company, will be made available on

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