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Fintech

Fintech
·May. 27, 2022

Babel Finance closes $80 million Series B fundraising round at $2 billion valuation

Babel Finance, the world’s leading wholesale crypto financial services provider, announced the completion of a US$80 million Series B financing round at a valuation of US$2 billion.
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Fintech
·May. 27, 2022

Viola Credit Acquires $700M For Its Alternative Lending Income Funds

Viola Credit announced final closing of the Viola Credit Alternative Lending Income Fund II (ALF II) "with $700 million of investable capital."...
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Fintech
·May. 27, 2022

New Terra Blockchain Launch Expected Saturday, With LUNA Airdrop to Follow

The move is part of a broader plan to help revive the Terra ecosystem and its related tokens.
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Fintech
·May. 27, 2022

Coinbase Leaders Net $1.2 Billion in Share Sales

The haul taken by two co-founders and two executives contrasts with the sharp decline in the shares since they became available to the public last year.
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Fintech
·May. 27, 2022

US Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch

The Federal Reserve’s Lael Brainard says it will take years to build a U.S. CBDC and that the project can only start once Congress and the White House sign off.
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Fintech
·May. 27, 2022

Are FinTechs being valued as a financial or a tech?

I was struck by a comment made by Chris Brendler, an analyst at D A Davidson, about FinTech Affirm (a US BNPL start-up): “These hybrid financial technology stocks trade like tech stocks, when they’re growing really fast and the financial side of their business doesn’t cause any problems but, if …...
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Fintech
·May. 27, 2022

Tether Expands With Introduction of Dollar-Pegged Stablecoin on Polygon

Tether is now available on over 11 blockchain networks.
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Fintech
·May. 27, 2022

Bolt to fire third of staff as tech damage spills over to fintech

Check-out payments startup Bolt has become the lastest fintech unicorn to feel the heat of the tech stocks bonfire, setting out plans to sack a third of its workforce, amounting to 250 staff.
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Fintech
·May. 26, 2022

The Crypto Security Debate Goes to Court

Private lawsuits could help determine whether digital tokens should be treated as securities like stocks and bonds.
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Fintech
·May. 26, 2022

Enigma enhancements help companies gain multi-location insights

At this week’s Fintech Nexus conference, Enigma announced new capabilities to help small businesses gain a more holistic view of revenues.
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