Fintech unicorn Zepz, owner of WorldRemit, lays off 26% of staff
Zepz, which owns the WorldRemit and Sendwave brands, has a total workforce of around 1,600. Sopa pictures | Lightrocket | Getty Images Money transfer group Zepz...
Tagged: Risk capital
Middle Eastern start-up Chatfood is acquired; fintech player Twig raises funds
Big ticket funding rounds dominated the startup deal in the Gulf region this week, led by two-year-old UAE-based fintech startup Twig, which reportedly raised over $1...
OKX Ventures invests in AlienSwap to increase the growth and development of the NFT Marketplace
NEW YORK, 4 May 2023 /PRNewswire/ — OKX Ventures, the investment arm of the second largest crypto platform by trading volume and Web3 technology company OKX,...
Klarna and Block beat ‘outdated’ UK buy now, pay later proposition
Executives at Klarna and Block say proposed UK buy-now-pay-later rules, while well-intentioned, are likely to do more harm than good. The proposals will dramatically increase the...
Fintech Factris lands €50 million for SME loans from Aegon AM
The Amsterdam-based fintech secured a 50 million euros financing line from Aegon Asset Management This financing line provides security for small and medium-sized enterprises in an...
Bitcoin And Crypto Are Not As Dead As You Think, Says VC Firm
Token prices be damned, crypto is doing just fine. Or so says the story told by an investor with one of the largest holdings in the...
Venture Capital plants crypto seeds
Data: Pitchbook; Chart: Axios Visuals Some venture capitalists are nurturing small upstarts amid the ongoing crypto winter. Zoom in: Rarely of late has the venture capitalist...
JPMorgan Chase buys fintech Aumni in push to earn venture capital
JPMorgan Chase is buying a provider of data analytics for startup investors called Aumni, CNBC is the first to report. The largest U.S. bank by assets...
DCG-guilty crypto exchange Luno replaces CEO, seeks outside investment
LONDON — The CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its chief operating officer, the company announced Wednesday. It comes...
DCG-guilty crypto exchange Luno replaces CEO, seeks outside investment
DCG, Luno’s parent company, has been struggling with the ongoing fallout from last year’s drop in token prices and the collapse of FTX. Rafael Henrique |...