Blockchain Startup Circle Raises $60 Million Amid China Expansion
#Blockchain-based social payments app #Circle has raised $ 60m in new funding as it expands to #China.
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Bank of America Quietly Surpasses 20 Million Mobile Users
Charlotte, N.C.-based #Bank of #America has passed the 20 #million mark in active #mobile #users. No announcement was made, but a spokeswoman for the bank disclosed to Bank Innovation yesterday that the milestone has been crossed. The bank reported 19.6 million mobile users last April in its 1Q earnings report, and quarter-over-quarterRead More
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Bank of America Quietly Surpasses 20 Million Mobile Users
Charlotte, N.C.-based #Bank of #America has passed the 20 #million mark in active #mobile #users. No announcement was made, but a spokeswoman for the bank disclosed to Bank Innovation yesterday that the milestone has been crossed. The bank reported 19.6 million mobile users last April in its 1Q earnings report, and quarter-over-quarterRead More
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Finnish City Awarded €2.4 Million to Test Blockchain-Powered Shipping
An economic development firm owned by a #Finnish #city has been #awarded €2.4 #million to build #blockchain-powered smart #shipping containers.
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Post-Trade Blockchain Startup in Limbo After Raising $10 Million
#Blockchain #startup Cryex is pushing back against reports it is seeking capital to stay afloat amid issues launching one of their core products.
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Number26 raises another $40 million for its vision for the future of banking
Berlin-based startup #Number26 just raised a $ 40 #million Series B round led by Horizons Ventures. With 200,000 clients, Number26 wants to become a major consumer-facing bank in Europe providing all the services you’d expect from your bank. And this funding round is an important milestone in order to reach this goal. Read More -
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$60 Million Hack Raises Questions About DAO’s Viability
This morning, the US woke up to a financial meltdown. But not the kind you’d expect. Early this morning, #cryptocurrency exchange operators got urgent orders to halt trading activity on ethers, the cryptocurrency behind the #blockchain platform Ethereum. The reason: nearly $ 60 #million of ethers were #hack (i.e. stolen). The hack hasRead More
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Digit adds $22.5 million Series B to its savings account
Fast moving #fintech startup #Digit closed a $ 22.5 #million #Series B today just a year after closing an $ 11.3 million Series A. Ribbit Capital led the round with support from all prior investors including General Catalyst. This new round brings their total fundraising to $ 36 million. The San Francisco based startup, founded in February 2015, operates in the #savings space and has been doubling… Read More -
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A16z, USV Lead $1.5 Million Round for Blockchain Startup Mediachain
#Mediachain has become the latest #blockchain #startup to join the portfolios of VC heavyweights Andreessen Horowitz and Union Square Ventures.
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Tally raises $15 million for app to make credit cards less expensive, easier to manage
San Francisco-based #Tally Technologies Inc. raised $ 15 #million in Series A venture funding, to launch an app that promises to help people maintain good #credit while avoiding fees, charges and other credit card affiliated pains. Shasta Ventures led the Series A investment in Tally, joined by the company’s earlier backers Cowboy Ventures and AITV. Silicon Valley Bank also invested.… Read More
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