It's a very diverse set of funding rounds we have this week including a challenger bank (Current), an interesting automated receivables funding platform (Pipe) which apparently is quite the fintech darling these days, two rewards platforms - one in Wisconsin and the other in India, an a LatAm cross-border payments platform out of Uruguay.
FTX, a digital assets derivatives exchange, just became the first cryptocurrency exchange to sponsor a professional sports arena in the United States.
The Ant Group IPO was on target to become the largest stock debut in history with $34B USD already lined up throughout the globe...
Pretty sure EVERYONE has heard of bitcoin by now. Pretty sure there are far less "non-believers" (aka bitcoin bears) too. BUT, for any die hard long term "bitcoin going to zero" folks out there here is your sign. A cruise ship with a grand business plan was purchased and re-named but is now headed to the scrapyard. What was it re-named? The Satoshi.
We saw three deals close this past week in excess of $100M - two in the US and one in a new market for us - South Africa.
Revolut. Where to begin. Unicorn British-based challenger bank Revolut is turning the fintech industry on its...
Just last week the rock band Kings of Leon released their latest album in the form of a NFT, becoming the first band to ever do so.
Some substantial deal flow this past week in fintech VC. Apparently folks are rushing to close up deals before end of year and the beginning of 2021, and whatever type of presidency that delivers in the US.
Yesterday (12/28) around 1pm ET, the digital currencies app Voyager Digital went offline and has remained unavailable to customers for trades, etc. through Thursday morning.
The cost of higher education has been increasing the past 20 years faster than the rate of inflation, with the average total...