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:
- Mercury ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ $๐ฏ๐ฌ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐ ๐ ๐ณ๐๐ป๐ฑ๐ถ๐ป๐ด at a $3.5 billion valuation to expand its banking services for entrepreneurs and the tech industry.
- FLOWPAY ๐ฟ๐ฎ๐ถ๐๐ฒ๐ โฌ๐ฏ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ฑ๐ฒ๐ฏ๐ ๐ณ๐๐ป๐ฑ๐ถ๐ป๐ด ๐๐ผ ๐ฎ๐๐๐ผ๐บ๐ฎ๐๐ฒ ๐ฆ๐ ๐ ๐ณ๐๐ป๐ฑ๐ถ๐ป๐ด applications through embedded finance, with participation from Techstars, Soulmates Ventures, and Depo Ventures.
- Rain ๐ฟ๐ฎ๐ถ๐๐ฒ๐ $๐ฎ๐ฐ.๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป to enhance stablecoin-based card issuing, enabling businesses to offer B2B and consumer cards linked to crypto and fiat accounts.
- French WealthTech firm RockFi ๐ฟ๐ฎ๐ถ๐๐ฒ๐ โฌ๐ญ๐ด ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ฎ ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐ ๐ round to advance its private wealth management platform, blending human advisory and technology.
- Burbank Software ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ ยฃ๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐๐ฒ๐ฒ๐ฑ ๐ณ๐๐ป๐ฑ๐ถ๐ป๐ด to develop its payment authentication technology, allowing online transactions to be identified as card-present payments.
- Stable Sea emerges from stealth with $๐ฏ.๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ณ๐๐ป๐ฑ๐ถ๐ป๐ด to enhance stablecoin liquidity and offramping solutions.
- Firenze ๐ฟ๐ฎ๐ถ๐๐ฒ๐ฑ ยฃ2.5 million in seed funding to grow its wealth management platform focused on Lombard lending, with support from Outward VC and other investors.
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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:
- Finrax ๐ฝ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐ ๐๐ถ๐๐ต FXBO to bridge crypto and forex payments, expanding options for cross-border transactions.
- Fipto ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ ๐ฎ ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐๐ ๐๐ป๐๐๐ถ๐๐๐๐ถ๐ผ๐ป ๐น๐ถ๐ฐ๐ฒ๐ป๐๐ฒ from Franceโs ACPR, strengthening its position in the stablecoin payments infrastructure space.
- Mesh ๐น๐ฎ๐๐ป๐ฐ๐ต๐ฒ๐ ๐ฎ ๐ฐ๐ฟ๐๐ฝ๐๐ผ ๐ฝ๐ฎ๐๐บ๐ฒ๐ป๐๐ ๐ฎ๐ฝ๐ฝ on the Shopify App Store, enabling merchants to accept digital assets globally.
- myPOS ๐ฎ๐ฐ๐พ๐๐ถ๐ฟ๐ฒ๐ UTP Group, marking its second acquisition of the year to enhance its payments business.
- AstroPay ๐ฒ๐ ๐ฝ๐ฎ๐ป๐ฑ๐ ๐ถ๐๐ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐บ๐๐น๐๐ถ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ฐ๐ ๐๐ฎ๐น๐น๐ฒ๐ ๐ฎ๐ฐ๐ฟ๐ผ๐๐ ๐๐ฎ๐๐ถ๐ป ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ, growing its presence in Colombia, Brazil, Argentina, Peru, and Chile.
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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:
- Aspire - Head of Compliance, Netherlands
- Worldline - Group Financial Crime Compliance Officer
- Monzo Bank - Senior Regulatory Compliance Manager, EU
- SumUp - Compliance Manager/Money Laundering Reporting Officer (MLRO)
- BitGo - Compliance Manager / Anti-Financial-Crime
- Apex Group Ltd - Legal and Compliance Manager
- PPRO - Compliance Associate - Group Compliance
- Planet - Senior Compliance Officer
- Keyrock - Compliance Officer / MLRO France
- 3S Money - Compliance Officer France
- Vivid Money - Compliance Officer (Spain)
- Unzer - Compliance Officer
- Klips Official - Compliance Officer โ
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!
