Mooncard has now secured €37 million in a Series C round. The FinTech offers a card solution to automate expense and expense claim processes and currently serves over 6000 public and private institutions. He said the goal is to establish a permanent presence in the European market.
The option of leverage trading with cryptocurrencies is intended to enable platform users to react to short-term developments in the market. Austrian crypto platform Bitpanda is launching CFDs (Contract for Difference) for cryptocurrencies such as Bitcoin, Ethereum, or Solana.
At the trading app nextmarkets, the sellout starts, followed by liquidation. Still, in 2021, the FinTech raised €30 million and had big plans. Investor FinLab refers to the "weakness in the financing market" concerning the planned end of nextmarkets.
The Chinese online retail giant Alibaba wants to split itself into six independent companies. This would transform the now monolithic tech giant Alibaba into a tech holding company, which is rare in China.
After being awarded a fintech license, Swiss startup Relio plans to offer digital accounts for SME customers. Relio wants to reduce compliance efforts for customers.
Before his return, Alibaba founder Jack Ma had been abroad for over a year. The billionaire's relationship with Chinese authorities is strained. Now, he has reappeared in China for the first time. The Hong Kong newspaper South China Morning Post, which he owns, reported that Ma visited a school in the eastern Chinese metropolis of Hangzhou on Monday.
With a valuation of over one billion euros, Raisin is one of the most important German fintechs. Raisin offers a savings marketplace across Europe. It has raised €60 million in a Series E funding round. The fresh money will be used for growth in the USA, among other things.
Until now, anyone who wants to offer crypto-finance products to their customers has had to gather many partly unregulated components on the market. The Swiss fintech Crypto Finance now wants to solve this problem.
Zurich-based payment startup Centi has launched a stablecoin tied to the Swiss franc. Several merchant acceptance systems have been developed around the Centi Franc.
