USA
Nium Launches Crypto As a Service Platform in the U.S
Singapore’s payment unicorn Nium, today launched its Crypto-as-a-Service (CaaS) solution. Initial API-based elements from the new Crypto-as-a-Service offering will allow financial institutions to add in-demand capabilities for cryptocurrency investment. The cryptocurrency investment services will support five cryptocurrencies in the U.S.
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DocuSign Launches Venture Firm Focused on the Future of Agreements
DocuSign, a US-based e-signature technology provider, has introduced DocuSign Ventures, which will co-invest in as well as partner with companies raising early stage funding to innovate around the agreement process. By staying close to and working with innovative startups, DocuSign
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Facebook Can’t Be Trusted to Manage Cryptos, US Senators Say Following Novi Launch
A number of US lawmakers jointly issued a statement saying that Facebook cannot be trusted to manage cryptocurrency and has urged Mark Zuckerberg to stop the launch of Novi and Diem immediately. Facebook had just announced the pilot launch of
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Tala Raises US$145 Million Series E, Plans to Roll Out Crypto Products
Tala, a Californian digital financial services provider in emerging markets, announced that it has secured a US$145 million Series E fundraise led by Upstart with participation from the Stellar Development Foundation. New investors Kindred Ventures and the J. Safra Group also
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Payments Firm SumUp Acquires Fivestars for US$317 Million
SumUp, a London-based global payments service provider, announced the acquisition of Fivestars, America’s commerce network that combines a marketing platform with integrated payments, for US$317 million in a mix of cash and stock. The acquisition will enable both companies to
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Halo Investing Bags Over US$100 Million Series C, Plans to Set up Office in the UAE
Halo Investing, a Chicago-based multi-issuer technology platform for protective investment solutions, announced that it has raised over US$ 100 million in Series C funding. The latest fundraising round was led by Owl Capital and included the Mubadala-backed US$ 1 billion
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Embedded Finance Firm Alviere Raises US$70 Million in Funding
Alviere, a New York-based embedded finance platform offering single-integration plug and play software services, announced that it had raised US$70 million of new funding. This latest round includes the participation of existing investors Viola Ventures, Viola Fintech and CommerzVentures, as
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US Department of Justice Sets up National Crypto Enforcement Team
Deputy Attorney General of the United States Lisa O. Monaco announced the creation of a National Cryptocurrency Enforcement Team (NCET). The team aims to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency, particularly crimes committed by virtual currency
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Robo Advisor Betterment Earns Unicorn Badge With US$160 Million Series F
New York-based robo advisor Betterment announced that it has secured US$160 million during a Series F equity round, pushing the company’s valuation to nearly US$1.3 billion. The growth capital raised comprises a US$60 million equity round and a US$100 million
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Insurtech Firm Sure Bags US$100 Million in Series C, Now Valued at US$550 Million
US-based insurtech Sure announced that it has raised US$100 million during a Series C funding round which values it at US$550 million. The fundraise was co-led by Declaration Partners LP and Kinnevik AB with participation from WndrCo, FTAC Ventures, Expanding
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