#funding

May 28, 2021
2 min

Airtm Receives $15 Million In Funding From Stellar Development Foundation

Airtm, the Mexico City-based digital wallet and exchange operator, has received $15 million in funding from the Stellar Development Foundation (SDF), as it seeks to expand financial services and cryptocurrency adoption in Latin America. It has been reported that the investment, which is the largest SDF has ever made as part of its Enterprise Fund, will enable Airtm to integrate with Stellar in the coming year. However, as part of the Stellar network, Airtm will be able to bet

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Coin Metrics Raises $15 Million In A Funding Found Led By Goldman Sachs

Crypto News Point

May 8, 2021
1 min

Coin Metrics Raises $15 Million In A Funding Found Led By Goldman Sachs

Coin Metrics, the blockchain analytics firm, has raised $15 million in a funding found led by financial giant Goldman Sachs. It has been reported that Coin Metrics said Goldman Sachs, Castle Island Ventures, Highland Capital Partners, Fidelity Investments, Avon Ventures, Communitas Capital, Collab+Currency, and others had contributed $15 million to the analytics firm to “accelerate the company’s global expansion” as well as reach more places in the crypto market. Goldman Sach

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India’s Largest Cryptocurrency Exchange CoinDCX Raises INR 100 crores ($13.9 Million ) in Series B F

Crypto News Point

Dec 22, 2020
5 min

India’s Largest Cryptocurrency Exchange CoinDCX Raises INR 100 crores ($13.9 Million ) in Series B F

CoinDCX plans to use the newly raised funds to drive crypto adoption in India, with cutting-edge innovative products including the newly launched Bitcoin/Crypto Investment App, CoinDCX Go. The funds will also help to attract and retain fresh talent and sustain the hockey stick growth in 2021. Returning investors such as Polychain and Coinbase also participated in the funding round Mumbai, December 22, 2020: CoinDCX, India’s largest cryptocurrency exchange, raised Rs 100 crore

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Teller Secures $1M In Seed Funding To Build Its First Credit Risk Protocol For DeFi

Crypto News Point

Jul 17, 2020
2 min

Teller Secures $1M In Seed Funding To Build Its First Credit Risk Protocol For DeFi

DeFi lending startup Teller has recently raised $1 million in seed funding to build its first algorithmic credit risk protocol for decentralized finance. The product will provide aggregated aggregated data into the DeFi lending markets through its interaction with legacy credit scoring systems such as Equifax. 🙌🙌 Today we are excited to announce our $1M fundraise led by @hiFramework followed by @paraficapital & @Maven11Capital We look forward to bringing undercollateraliz

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How Blockchain Is Changing Crowdfunding?

Crypto News Point

Jul 2, 2020
5 min

How Blockchain Is Changing Crowdfunding?

While Blockchain technology is democratizing capital for startup companies. Blockchain-based crowdfunding could reshape the entire crowdfunding sector. Crowdfunding allows businesses with really great products and services and ideas to raise funds from the regular people in small investment amounts. The crowdfunding sector exploded as new crowdfunding platforms rose all around the world across a variety of fields and niches. The crowdfunding industry today represents a $1 bil

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Thai Fintech Startup SYNQA Raised $80 Million In Series C Funding

Crypto News Point

Jun 24, 2020
2 min

Thai Fintech Startup SYNQA Raised $80 Million In Series C Funding

Thailand-based fintech company SYNQA has raised $80 million in a Series C funding round for new cashless payment ventures. In a June 22 announcement, SYNQA stated it had raised $80 million in a Series C funding round led by Siam Commercial Bank subsidiary SCB 10X and the Asia-based venture capital group SPARX. Have you heard the news? After a lot of work, we closed our Series C and raised $80M! We're excited to deepen our footprint in the cashless societies in Asia by buildin

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CoinDCX Secures $2.5M Investment From Polychain Capital, Coinbase Ventures

Crypto News Point

May 26, 2020
1 min

CoinDCX Secures $2.5M Investment From Polychain Capital, Coinbase Ventures

Indian cryptocurrency exchange CoinDCX has announced that it had raised $2.5 million from investors such as Polychain Capital and Coinbase Ventures (the investment arm of crypto exchange Coinbase). The investment comes after the exchange’s Series A funding round in March where CoinCDX secured $3 million from Bain Capital, Polychain and HDR Group, the parent company of BitMEX exchange. 📢 BIG NEWS: CoinDCX has secured a US$2.5 million strategic investment. The funding was l

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Applied Blockchain Secures $2.5M Funding For Applications Using Zero-Knowledge Proofs

Crypto News Point

Apr 23, 2020
2 min

Applied Blockchain Secures $2.5M Funding For Applications Using Zero-Knowledge Proofs

Applied blockchain has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, lead by Hong Kong-based venture capital firm QBN Capital. The funds are designated for the development of a platform featuring ZKPs and other privacy-oriented technologies. The platform is intended to facilitate collaboration between firms without risking leaking valuable data. We are very excited to announce that we've been backed by Hong Kong based QBN Capital.

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Fintech Unicorn Of Australia Airwallex Raises $160M Funding

Crypto News Point

Apr 18, 2020
1 min

Fintech Unicorn Of Australia Airwallex Raises $160M Funding

Australian fintech unicorn Airwallex, raised $US160 million in a fundraising round led by the investors such as ANZ and Salesforce. Existing investors such as Tencent, Sequoia Capital China, DST Global, and Horizons Ventures also participated in the round bringing the total raised by the startup to $362 million. We are delighted to share that Airwallex has raised another US$160M in additional funding. We continue to believe there is a strong need for an alternative financial

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MoneyGram Secures Over $11 Million From Ripple Labs

Crypto News Point

Feb 26, 2020
1 min

MoneyGram Secures Over $11 Million From Ripple Labs

Money transmission network MoneyGram has gained over $11 million from the blockchain-based payments firm Ripple Labs. In a press release by MoneyGram, the company stated it had received funds from Ripple divided over two quarters: In the fourth quarter, $8.9 million, and $2.4 million In the third, totaling $11.3 million Its revenue for Q4 was reported to be $323.7 million. “MoneyGram continued to expand its strategic partnership with Ripple as the first money transfer company

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Ethereum Foundation Awards Grant To Nimbus To Work On Light 2.0 Client

Crypto News Point

Jan 29, 2020
2 min

Ethereum Foundation Awards Grant To Nimbus To Work On Light 2.0 Client

The Ethereum Foundation awarded a $650,000 grant to Nimbus for continuing its work on light Ethereum 2.0 clients. On Jan. 28 a press release made the announcement that the project’s goal is to allow smartphones and embedded devices to run smart contract-capable nodes. The Nimbus team has been awarded a follow up grant from the Ethereum Foundation to continue work on the public multi-client ready testnest, prep for production use, and more engineers who can broaden the scope o

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