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Top 5 VC Deals of the Week in the Digital Wealth Sector (1/20/21)

This week, we had some MAMMOTH deals in VC in the fintech sector, with three of the five based in the US, and the other two in London and Vietnam. Also, this week saw some VERY big funding rounds. If this is indicative of what 2021 holds in the fintech VC arena, now that we are officially back at work post-holiday season, we're in for some whopper deals. I wouldn't be surprised if we something at $1B or more at this point.

Brilliant or “Sneaky” Bitcoin Activity?

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Just in case you haven't heard (amazing), the price of Bitcoin reached over $40,000 last week as more institutional investors have decided to gain exposure to the digital asset/currency.

FINTOP Capital Announces Exit of Portfolio Company Kindful

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FINTOP Capital, a venture capital firm focused on B2B SaaS (software as a service) companies in the Financial Technology (FinTech) space, announced today that it has exited its investment in Kindful, a nonprofit software platform known for its best-in-class third party application integrations and online fundraising tools. Financial terms of the transaction were not disclosed.

Gold Payment Fintech Coro Global Inc Appoints Founder David Dorr as CEO

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Coro Global Inc. (OTCQB: CGLO), the fintech company behind the new payment app where gold can be used as money, announced today that it had appointed David Dorr as Director, President, and Chief Executive Officer of the Company.
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MX Partners With Hydrogen To Drastically Cut Development Time For Embedded Finance

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MX, the leader in open finance and creator of the Money Experience category, today announced an integration partnership with Hydrogen to empower financial technology developers to build sophisticated fintech applications in minutes.

NFL Panthers’ Star Russell Okung Traded? Yes, Dollars for Bitcoin.

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Last week several news headlines read that Russell Okung, star offensive tackle of the National Football league's Carolina Panthers, would be the first player to be paid his salary in Bitcoin. Not totally true. Almost immediately another headline rang out that, no, he is not being paid in Bitcoin.

Crypto is Going to the Moon. But MARS?

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Almost everyone has seen that cryptocurrencies have lately been.....well, a real moonshot. Bitcoin, ether and the lesser known digital currency names have had quite a blast off.
Press Release 1

Redeployment of EB-5 Investor Funds Can Lead to Lawsuits Later — Here’s How to...

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EB-5 fund Managers are not investment experts yet they must make a momentous investment decision when it comes to the redeployment of investor funds. This decision can impact the chances of immigration success for investors — and possibly lead to legal challenges down the road.
Press Release 2

AvidXchange acquires Core Associates to become a leader in accounts payable automation for the...

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AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has acquired Core Associates, the makers of TimberScan and complementary AP solutions trusted by more than 30,000 users nationwide

The Experts Weigh in on Trends in Digital Wealth for 2021, Part 2

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Last week we launched a "mini-series" on digital wealth predictions for 2021 from the top fintech minds in...