Crypto services fintech FalconX raises $210M
Cryptocurrency financial services company FalconX raised $210 million in a series C funding round last week following a revenue growth...
Payments
Watch: Zelle’s new ad campaign
Zelle, the person-to-person payments app utilized by leading banks and financial institutions, launched a new ad campaign on Thursday. The...
Argentina’s Uala valued at $2.45B after financing round
Argentine financial services startup Uala was valued at $2.45 billion in a financing round led by Japanese conglomerate SoftBank Group...
Upgrade CEO sets sights on IPO within 18 months
Credit card fintech Upgrade has ambitions to offer an initial public offering within 18 months after announcing yesterday it has...
Crypto platform FalconX quintuples valuation to $3.75B
FalconX, a cryptocurrency and digital-asset trading platform, has more than quintupled its valuation in five months to $3.75 billion, Chief...
Funding Roundup: Payments fintech Rapyd scores second round of $300 million in 2021
Last week saw two fintechs completing their second rounds of funding in 2021, with plans for expansion in key growth...
Senators reach bipartisan agreement on cryptocurrency reporting
The bipartisan groups of senators who have been haggling over a cryptocurrency reporting requirement in the $550 billion infrastructure bill...
BIS proposes cross-border payment solution
The Bank for International Settlements (BIS) released a proposal this week that aims to break down obstacles to international payments...
What’s the strategy behind Square’s largest-ever acquisition?
In a sign of the massive shifts in retail and online payments, Square announced on Aug 1 that it would...
Square deal vaults Afterpay founders to $1.8B fortunes
As a wannabe investment banker, Afterpay Ltd. co-founder Nick Molnar was told to stick to his “side hustle” of selling...
