London-based Ziglu has raised £6 million through a crowdfunding campaign on Seedrs. Ziglu allows users to manage traditional and digital currencies in one app. The cryptocurrency platform prides itself on financial inclusivity, that it gives everyone access to digital currencies such as Bitcoin, Bitcoin Cash, Ether, Litecoin and XRP. Just five months ago the startup […]
Digital payments startup Pomelo Pay has secured a £2.1 million investment in a seed round led by Force Over Mass. The funding will help the UK company build on its international reach, expanding across Europe and Asia through its offices in London and Singapore. The fintech provider allows businesses to take payments from anyone, in […]
Berlin-based crypto services startup Bitwala has announced another €15 million in funding after closing a €13 million Series A last year. The recent round was led by Earlybird, with participation from Coparion, Global Brain and other investors. Founded in 2015 and dubbed a “bank for the blockchain economy”, the German company now reports having 150,000 […]
London-based fintech startup TransferGo has received £4 million in financing from Silicon Valley Bank UK Branch (SVB) to expand its real-time payments platform for consumers, SMEs and enterprise clients. The company started in 2012 as a money transfer service and has since shifted its focus to payments, specifically cross-border payments and remittances. The platform now […]
Milan, Italy-based mobile/digital payment platform Satispay has secured €93 million euros in funding in a Series C round co-led by Tencent, Square, Telecom Italia’s TIM Ventures, LGT Lightstone and other investors. Square, the payments company run by Jack Dorsey, has reportedly invested about €15 million in the round. After the investment round, the post-money valuation […]
Fireblocks, an Israeli-born company helping enterprises adopt and manage digital assets, has raised $30 million in a Series B round. Paradigm led the round and was joined by existing investors Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group and Cedar Hill Capital. Essentially, Fireblocks helps enterprises and other institutions expand their businesses by moving […]
Sumitomo Mitsui Banking Corporation (SMBC) one of Japan’s leading banks – and one of the word’s largest commercial lenders – has invested $30 million into UK challenger bank OakNorth through a secondary transaction. SMBC today also announced that it has become an OakNorth customer, deploying its ‘Credit Intelligence’ software to enhance its commercial lending proposition […]