๐๐๐ป๐ฑ๐ฟ๐ฎ๐ถ๐๐ถ๐ป๐ด
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 ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ $๐ด๐ฎ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in a Series B round, bringing total funding to over $120 million for its crypto payments network.
- Zolve, ๐ฟ๐ฎ๐ถ๐๐ฒ๐ $๐ฑ๐ญ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in a Series B round for it's neobank for immigrants in the US
- Swap, an e-commerce operating system, ๐ฐ๐น๐ผ๐๐ฒ๐ ๐ฎ $๐ฐ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป Series B led by ICONIQ Growth
- Banking-as-a-Service provider Synctera ๐ฟ๐ฎ๐ถ๐๐ฒ๐ $๐ญ๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป and signs Bolt as a customer.
- Mimo, a UK-based SMB financial management platform, ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ $๐ด.๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in an equity round led by Project A
- LiquidTrust, a fintech focused on secure payments for SMBs, ๐ฟ๐ฎ๐ถ๐๐ฒ๐ $๐ฐ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in a seed funding round.
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๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ก๐ฒ๐๐
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 ๐ฟ๐ฒ๐ฐ๐ฒ๐ถ๐๐ฒ๐ ๐ฎ $๐ฎ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ from Abu Dhabiโs MGX in stablecoins.
- MoonPay ๐ฎ๐ฐ๐พ๐๐ถ๐ฟ๐ฒ๐ Iron, an API-first stablecoin infrastructure platform, to enhance its crypto payment services.
- myPOS ๐ฝ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐ ๐๐ถ๐๐ต Satispay to expand its mobile payment solutions in Italy.
- iBanFirst ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ ๐ฎ๐ป ๐๐ ๐ ๐น๐ถ๐ฐ๐ฒ๐ป๐๐ฒ from the UKโs FCA, strengthening its position in cross-border payments.
- Verto ๐ผ๐ฏ๐๐ฎ๐ถ๐ป๐ ๐ธ๐ฒ๐ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น๐ in the UAE, US, South Africa, Kenya, and Nigeria to expand its global payments business.
- BBVA gains approval from the CNMV ๐๐ผ ๐ผ๐ณ๐ณ๐ฒ๐ฟ ๐ฏ๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฎ๐ป๐ฑ ๐ฒ๐๐ต๐ฒ๐ฟ ๐๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด and custody services in Spain.
- American Express ๐ฎ๐ฐ๐พ๐๐ถ๐ฟ๐ฒ๐ ๐ฒ๐ ๐ฝ๐ฒ๐ป๐๐ฒ ๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐๐ผ๐ณ๐๐๐ฎ๐ฟ๐ฒ provider Center
- Kraken ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ ๐ฎ๐ป ๐๐ ๐ ๐น๐ถ๐ฐ๐ฒ๐ป๐๐ฒ from the UKโs FCA, allowing it to expand its financial services.
- Ripple ๐ผ๐ฏ๐๐ฎ๐ถ๐ป๐ ๐ฎ ๐๐๐ฆ๐ ๐น๐ถ๐ฐ๐ฒ๐ป๐๐ฒ for regulated crypto payments and services in Dubaiโs DIFC.
- Hex Trust ๐ฟ๐ฒ๐ฐ๐ฒ๐ถ๐๐ฒ๐ ๐ฎ๐ป ๐ ๐ฃ๐ ๐น๐ถ๐ฐ๐ฒ๐ป๐๐ฒ (Major Payment Institution) from Singaporeโs MAS, strengthening its digital asset custody and trading services.
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๐ข๐ฝ๐ฒ๐ป ๐ฃ๐ผ๐๐ถ๐๐ถ๐ผ๐ป๐ ๐ถ๐ป ๐๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ
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
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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!
