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.

Read More Announced as Official Title Partner of the Formula 1 Miami Grand Prix

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

Read More

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

Read More

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

Read More

MoneyGram Announces Minority Investment into Coinme

MoneyGram International announced that they have completed a strategic minority investment in Coinme, a cryptocurrency cash exchange in the U.S. This venture, which gives the Company an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round

Read More Appoints Meta’s Former Exec Meron Colbeci as New CPO has announced the appointment of Meron Colbeci as its Chief Product Officer. Colbeci is the former head of consumer product management at Meta’s fintech product group Novi, and was a senior product leader at SoFi and PayPal as well,

Read More

Thoma Bravo Takes Bottomline Private in US$2.6 Billion Acquisition Deal

Software investment firm Thoma Bravo has inked a deal to acquire payment and invoice management platform Bottomline Technologies in an all-cash transaction for approximately US$2.6 billion. Under the terms of the agreement, Bottomline shareholders will receive $57.00 per share in

Read More

90% Of North American Consumers Manage Money Through Financial Apps: Report

Mastercard released a new report today, The Rise of Open Banking, demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences. The report found more than 80% of consumers in the US – and 90% of younger

Read More

Klarna and GoCardless to Power Bank Debit Payments in the US

Global buy now pay later (BNPL) solution provider Klarna has partnered with UK-headquartered account-to-account payments solution provider GoCardless. The partnership will enable Klarna to provide bank debit payments to over 21 million US customers, a statement from Klarna said. More

Read More

B2B Cashflow Solutions Provider Tradeshift Fetches US$200 Million

San Francisco-headquartered B2B e-invoicing and accounts payable automation company Tradeshift has raised over US$200 million in funding from existing and new investors. Tradeshift raised the funding, which includes debt, from Koch Industries, as well as IDC Ventures, LUN Partners, Private

Read More