Category: FinTech
Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.
FinTech
FinTech
Gemini Raises Massives $400 Funding Round
A popular crypto platform has just raised a massive amount of money. Last week, Gemini revealed that it had closed $400 million in funding. The round — which is actually a Series A and marks the first time the company has solicited outside investment — was led by Morgan Creek Digital while 10T, ParaFi, Newflow Partners, Marcy Venture Partners, and the Commonwealth Bank of Australia also participated. Notably, the round values Gemini...
FinTech
Imprint Raises $38 Million From Kleiner Perkins and Stripe
So far, 2021 has brought plenty of FinTech funding rounds — but one of the latest also happens to be one of the most unique. Earlier this week, the branded payments platform Imprint announced that it had raised $38 million. The Series A was led by Kleiner Perkins but also included participation from fellow FinTech Stripe. To date, Imprint has now raised a total of $53 million. Past investors in...
FinTech
Crypto.com Scores Naming Rights to Major Los Angeles Venue
Once again showing how mainstream cryptocurrencies are becoming, this week Crypto.com made waves by announcing a new naming rights deal. Staring on Christmas Day, what is now known as the Staples Center in Los Angeles, California will officially become Crypto.com Arena. The venue — which is home to the Los Angeles Lakers, LA Clippers, Los Angeles Spark, and LA Kings — will replace all external signage to reflect the change...
FinTech
Upgrade Raises $280 Million Series F
The appropriately named Upgrade just managed one of their own with its latest funding round. Today, the company announced that it had raised $280 million. The Series F was led by Coatue Management and DST Global with additional participation from Dragoneer Investment Group, Gopher Asset Management, G-Squared, Koch Disruptive Technologies, Old Well Partners, Ribbit Capital, Sands Capital, Ventura Capital, and Vy Capital. To date, the FinTech has now raised a total...
FinTech
Knott's Berry Farm Announces Cashless Initiative
Throughout the pandemic, adoption of contactless payments has continued to grow. This not only includes use of mobile wallets but also tap to pay technology on traditional credit and debit cards. In turn, some retailers have also begun discouraging the use of cash or even disallowing acceptance of it all together. Now, a major Southern California theme park has joined the list of places where cash will be all but...
FinTech
Burger King Partners with Robinhood for Crypto Promotion
There's no question that the past few years have seen cryptocurrencies growing increasingly mainstream. While trading these digital assets was once a challenging and technically advanced experience, now there are plenty of easy-to-use options. Speaking to that reality, iconic fast-food chain Burger King has announced a partnership with Robinhood that will allow customers to win crypto assets with their food orders. For a limited time, when Burger King Royal Perks...
FinTech
