USA

Jumio Acquires 4Stop For End-To-End Identity Solutions

US-based online mobile payments and identity verification company Jumio is acquiring strategic partner and KYC, compliance and fraud prevention solution provider 4Stop. The deal is expected to close early next year. The acquisition of the Germany-headquartered company will help Jumio

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Republic to Acquire Seedrs in US$100 Million Deal to Expand Its Europe Footprint

US-based private investment platform Republic will be acquiring European online private investment platform Seedrs for about US$100 million. The deal is expected to close in early 2022. The deal also saw participation from global institutional investment management firm Davidson Kempner

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Moody’s Acquires Passfort and 360kompany to Boost Its Onboarding Solutions

Global integrated risk assessment firm Moody’s Corporation is acquiring two European providers of onboarding and Know Your Customer (KYC) technology solutions. Moody’s has completed the acquisition of PassFort Limited and has signed an agreement to acquire Austrian based d360kompany AG

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Former Citi Exec Launches US$1.5 Billion Crypto Investment Vehicle

Founded by former Citi’s head of structured products Matt Zhang, crypto-focused investment firm Hivemind Capital Partners has launched its debut US$1.5 billion multi-strategy investment venture for the blockchain and digital asset ecosystem. The New York-headquartered firm will invest in crypto companies,

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Digital Currency Group to Move Headquarters From NYC to Stamford

Bitcoin and blockchain investor Digital Currency Group (DCG) will be relocating its headquarters from New York City to Stamford, Connecticut. The office of the Governor of Connecticut Ned Lamont announced that the move is expected to create over 300 jobs

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Crypto Payments Infrastructure Provider MoonPay Bags US$555 Million Series A

MoonPay, a crypto payments infrastructure provider, announced it has closed a $555 million Series A financing round led by Tiger Global Management and Coatue, bringing its post-money valuation to US$3.4 billion. The funding round also saw participation from Blossom Capital,

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Crypto Exchange Gemini Raises US$400 Million Valuing It at US$7.1 Billion

Gemini, a cryptocurrency platform, announced a US$400 million growth equity round which is its first-ever outside financing, pushing the company’s valuation to US$7.1 billion. The fundraise was led by Morgan Creek Digital with participation from 10T, ParaFi, Newflow Partners, Marcy

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Mastercard Finalises Acquisition of Danish Open Banking Firm Aiia

Mastercard announced it has completed its acquisition of Aiia, a Danish open banking technology provider that offers single and secure API access to banks and fintech companies, and enables users to easily perform account-to-account payments. Details of the deal which

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ConsenSys Raises Valuation to US$3.2 Billion With Us$200 Million Fundraise

Blockchain firm ConsenSys announced the close of a US$200 million financing round, bringing its valuation to US$3.2 billion. New investors Marshall Wace, Third Point, ParaFi Capital, and Think Investments contributed to the round alongside new partners that include Dragonfly Capital,

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Credit Card Startup Upgrade Raises US$280 Million Series F, Now Valued at US$6 Billion

Upgrade, Inc., a fintech company that offers affordable and responsible credit and mobile banking to mainstream consumers, announced that it raised a US$280 million Series F round at a US$6 billion pre-money valuation. Upgrade said that it has raised US$600

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