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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...

Xternity, A Web3 Gaming Infrastructure Startup, Raises $4.5M


Armed with $4.5 million from a pre-seed round of funding, the Web3 gaming platform company Xternity announced the beta launch of its platform. It’s on a mission to help developers embrace the concept of Web3 and new technologies such as blockchain and NFTs, which promise to transform the video...

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....

Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year


The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar.  The number of Bitcoin ATMs currently installed in Canada is 2,549. On the first day of this month, the Coin ATM Radar...

Analyzing What's Next for Europe's Markets in Crypto Assets Law


Under the recently agreed text from the European Parliament, providers of crypto services – which means anything from trading to custody to fiat exchanges – will need a license and be monitored by a financial regulator from one of the EU’s member states

Google koupil český startup Alter. Jeho AI avatary mu pomůžou proti TikToku


Zajímavou akvizici opět provedl Google. V naprosté tichosti koupil česko-americký startup Alter, dříve nazvaný Facemoji, který se zabývá generováním virtuálních avatarů pomocí umělé inteligence. Jedním ze zakladatelů Alter je český designér původem z Třince Robin Raszka. Google o provedeném

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