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:
- MoonPay secures a 𝗨𝗦𝗗 𝟮𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗿𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗰𝗿𝗲𝗱𝗶𝘁 𝗹𝗶𝗻𝗲 from Galaxy, reinforcing its position in the growing crypto payments market.
- RedotPay raises $𝟰𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗮 𝗦𝗲𝗿𝗶𝗲𝘀 𝗔 round led by Lightspeed, to expand its crypto payment platform.
- Curve 𝗿𝗮𝗶𝘀𝗲𝘀 £𝟯𝟳 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in a funding round led by Hanaco Ventures as it prepares for increased competition in the digital wallet space.
- NymCard 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟯𝟯 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗮 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 round to expand its Banking-as-a-Service solutions across the MENA region.
- FLOWPAY, a Prague-based embedded finance provider, 𝗿𝗮𝗶𝘀𝗲𝘀 €𝟯𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗱𝗲𝗯𝘁 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 to automate SME funding applications.
- Utila 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟭𝟴 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 to enhance its institutional digital asset wallet solutions amid the rising stablecoin adoption.
- Oro Labs 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟭.𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗽𝗿𝗲-𝘀𝗲𝗲𝗱 funding to develop a tokenized gold protocol on Solana, making gold a more liquid and income-generating asset.
- Qlarifi 𝗿𝗮𝗶𝘀𝗲𝘀 £𝟭.𝟰 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗽𝗿𝗲-𝘀𝗲𝗲𝗱 funding to expand its BNPL consumer database.
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:
- Rapyd 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲𝘀 𝘁𝗵𝗲 𝗮𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 PayU’s Global Payment Organization, expanding its presence in Latin America and Africa.
- Adyen 𝗲𝘅𝘁𝗲𝗻𝗱𝘀 𝗶𝘁𝘀 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 Affirm, bringing the BNPL provider to the UK market.
- Spendesk partners with Wise 𝘁𝗼 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗰𝗮𝗽𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 for mid-market businesses.
- Kraken Digital Asset Exchange agrees to 𝗮𝗰𝗾𝘂𝗶𝗿𝗲 𝗿𝗲𝘁𝗮𝗶𝗹 𝗳𝘂𝘁𝘂𝗿𝗲𝘀 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 NinjaTrader for $1.5 billion, strengthening its derivatives offerings.
- dLocal 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 Belmoney to facilitate cross-border remittances, strengthening its reach in emerging markets.
- Checkout.com 𝘁𝗲𝗮𝗺𝘀 𝘂𝗽 𝘄𝗶𝘁𝗵 Tabby to embed BNPL solutions for merchants in the UAE and Saudi Arabia.
- Vivid Money 𝗶𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗰𝗿𝘆𝗽𝘁𝗼 𝗲𝗮𝗿𝗻𝗶𝗻𝗴 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝘀 𝗳𝗼𝗿 𝗦𝗠𝗘𝘀 as part of its growing financial services offering.
- Atoa 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 𝗙𝗖𝗔 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹 to operate as an Authorised Payment Institution in the UK.
𝗢𝗽𝗲𝗻 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲
For those of you seeking opportunities in compliance, here are some of the latest open roles at leading companies:
- KuCoin EU - Head of Compliance
- Dojo - Head of Compliance
- Peratera - Head of Compliance
- Betty - Head of AML
- OKX - Head of Compliance Operations
- Ka.app - MLRO/Compliance Officer
- AvaTrade - Compliance Manager
- Apex Group Ltd - Senior Compliance Officer
- Younited - Senior Compliance Officer
- Worldline - Senior Compliance Officer
- Tickmill - Compliance Officer
- Vivid Money - Compliance Officer
- Intergiro - Card Scheme Compliance 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. Stay tuned!
