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Egyptian Fintech Raises $31 Million in Series B Funding Round


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...

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


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....

Sepana raises $10 million round funding by Hack VC & Pitango First


A decentralized web search startup Sepana announced today that it had raised a $10 million funding round supported by Hack VC and Pitango First. Balaji Srinivasan, Lattice Capital, and others also took part in the startup round, but Sepana refused to share its valuation. Daniel and David Keyes...

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX


Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has launched support for Ethereum in its decentralized exchange, Verse DEX, with ~$2 million in liquidity initially distributed across six trading...

SEC Charges Coin Club Founders for $295 Million Ponzi Scheme


The US Securities and Exchange Commission (SEC) has filed charges against the founder and three promoters of Trade Coin Club, arguing that they duped investors into sinking money in a fraudulent crypto trading bot.... Read More: SEC Charges Coin Club Founders for $295 Million Ponzi Scheme

Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round


Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...

Eco-friendly Crypto Presale Raises $12 Million - How to Get in Early?


Cryptocurrencies have been earmarked as a participant in the ongoing climate change issues. However, a new project is changing the narrative, and so far, it has raised $12 million. This article will explore the Impact Project platform and how to buy its IMPT token.... Read More: Eco-friendly Crypto...

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