Series B – DIGIT INFO

Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round

DIGIT — Sun, 14 Jul 2024 03:37:35 +0000

Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency repos, and just-in-time multi-bank payments. Partior Aims to Integrate Ten More Currencies JPMorgan and Standard Chartered-backed blockchain […]

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African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops

DIGIT — Sun, 19 Feb 2023 10:30:23 +0000

Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised a combined US$976,146,000 or 29.3% of […]

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Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

DIGIT — Sat, 04 Feb 2023 16:30:11 +0000

As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former […]

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Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem

DIGIT — Mon, 14 Nov 2022 11:00:35 +0000

Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve its app further and keep hiring talent. Ramp […]

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Egyptian Fintech Raises $31 Million in Series B Funding Round

DIGIT — Thu, 10 Nov 2022 04:30:10 +0000

Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s growth. Diversifying Moneyfellows’ Portfolio Egyptian fintech startup Moneyfellows recently revealed it had raised […]

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Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

DIGIT — Thu, 10 Nov 2022 00:30:03 +0000

According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]

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Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round

DIGIT — Wed, 09 Nov 2022 07:00:21 +0000

Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology. The company further wants […]

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Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

DIGIT — Fri, 14 Oct 2022 11:30:48 +0000

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized […]

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Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability

DIGIT — Sat, 10 Sep 2022 00:00:35 +0000

Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure […]

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Former Meta execs raise $300M to ‘accelerate adoption’ of Sui blockchain

DIGIT — Fri, 09 Sep 2022 01:09:42 +0000

Investors included FTX Ventures, Coinbase Ventures, Jump Crypto, a16z, Circle Ventures, among others.

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