Bitcoin surges past $60,000 for first time
Cryptocurrency Bitcoin has risen for the first time above US$60,000 (£43,100 / A$77,000 / €50,000), continuing its record-breaking run.
Investment in Irish fintech remains steady in spite of pandemic
There are opportunities for fintech in Ireland post-Brexit, but early-stage companies may be struggling to secure investment – KPMG
Zego scoops $150m, securing its position as the UK’s first insurtech unicorn
Zego has cemented itself as the UK’s newest insurtech unicorn, just two days after Starling Bank joined the ranks.
M1 Finance lands $75 million to double employees
M1 Finance announced it raised another $75 million in funding. The latest cash influx will be used to double employees to nearly 300 by year end.
Coinbase on course for $100 billion pre-IPO valuation
Some of Coinbase’s shares had earlier traded at $375 a share, which set it on course for a $100 billion valuation.
Starling Bank surpasses £1bn valuation with latest funding round
Anne Boden’s fintech challenger Starling Bank has raised £272m in a funding round that values the company at £1.1bn.
Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz
Allianz X, a venture capital arm of the 131-year-old European financial conglomerate Allianz, led WeLab’s latest funding round of $75 million.
PayPal to acquire cryptocurrency security startup Curv
PayPal has agreed to acquire cryptocurrency security startup Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets.
