𝗙𝘂𝗻𝗱𝗿𝗮𝗶𝘀𝗶𝗻𝗴
Investor enthusiasm remains strong in the fintech and crypto space, fueled by IPO speculations from a major fintech player and significant investments driving growth and innovation across the sector:
- Mesh 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟴𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in a Series B round, bringing total funding to over $120 million for its crypto payments network.
- Zolve, 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟱𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in a Series B round for it's neobank for immigrants in the US
- Swap, an e-commerce operating system, 𝗰𝗹𝗼𝘀𝗲𝘀 𝗮 $𝟰𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 Series B led by ICONIQ Growth
- Banking-as-a-Service provider Synctera 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟭𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 and signs Bolt as a customer.
- Mimo, a UK-based SMB financial management platform, 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟴.𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in an equity round led by Project A
- LiquidTrust, a fintech focused on secure payments for SMBs, 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟰 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in a seed funding round.
𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗡𝗲𝘄𝘀
The fintech and crypto landscape is evolving rapidly, with major players making strategic moves to expand their market presence and enhance services. Here are some of the latest industry developments you should know about:
- Binance 𝗿𝗲𝗰𝗲𝗶𝘃𝗲𝘀 𝗮 $𝟮 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 from Abu Dhabi’s MGX in stablecoins.
- MoonPay 𝗮𝗰𝗾𝘂𝗶𝗿𝗲𝘀 Iron, an API-first stablecoin infrastructure platform, to enhance its crypto payment services.
- myPOS 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 Satispay to expand its mobile payment solutions in Italy.
- iBanFirst 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 𝗮𝗻 𝗘𝗠𝗜 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 from the UK’s FCA, strengthening its position in cross-border payments.
- Verto 𝗼𝗯𝘁𝗮𝗶𝗻𝘀 𝗸𝗲𝘆 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹𝘀 in the UAE, US, South Africa, Kenya, and Nigeria to expand its global payments business.
- BBVA gains approval from the CNMV 𝘁𝗼 𝗼𝗳𝗳𝗲𝗿 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗻𝗱 𝗲𝘁𝗵𝗲𝗿 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 and custody services in Spain.
- American Express 𝗮𝗰𝗾𝘂𝗶𝗿𝗲𝘀 𝗲𝘅𝗽𝗲𝗻𝘀𝗲 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 provider Center
- Kraken 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 𝗮𝗻 𝗘𝗠𝗜 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 from the UK’s FCA, allowing it to expand its financial services.
- Ripple 𝗼𝗯𝘁𝗮𝗶𝗻𝘀 𝗮 𝗗𝗙𝗦𝗔 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 for regulated crypto payments and services in Dubai’s DIFC.
- Hex Trust 𝗿𝗲𝗰𝗲𝗶𝘃𝗲𝘀 𝗮𝗻 𝗠𝗣𝗜 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 (Major Payment Institution) from Singapore’s MAS, strengthening its digital asset custody and trading services.
𝗢𝗽𝗲𝗻 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲
For those of you seeking opportunities in compliance, here are some of the latest open roles at leading companies:
- EXMO.com - Chief Compliance Officer
- DaFinLabs - Chief Compliance Officer
- Ripple - Head of Compliance (MLRO), Luxembourg
- IMC Trading - Head of Compliance Europe
- CMC Markets - Head of Compliance & AFC Europe
- PAYONE - Head of AML & KYC
- DECTA - Deputy Anti-Money Laundering Compliance Officer
- Xoala - Regulatory Compliance Manager
- Trading 212 - Senior AML Officer
- Moonfare - Senior Compliance Officer
- Triple-A - Compliance Officer
- HiPay - Compliance Officer
- XM - Compliance Officer
- Bitvavo - Compliance Manager
- Global Payments Inc. - AML Officer
A lot is happening in the fintech and crypto world right now. From big funding rounds and major acquisitions to new regulations and exciting compliance opportunities, the industry is buzzing with activity. Follow us for more updates and insights. See you soon!
