Crypto lender BlockFi secured $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture. American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures. The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according […]
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In some markets, new entrants into the financial services (FinServ) market went from bank competitors to bank collaborators, seemingly overnight as traditional financial institutions (FIs) realized the potential in acquiring FinTech firms to bolster their own services. However, the competitive spirit isn’t gone, particularly in France, where challenger bank Qonto operates. The company, which recently […]
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More than a year after launching its business banking solution, France-based Qonto has secured new funding. Reports on Monday (Sept. 24) said Qonto raised $23 million from Valar Ventures and Alven, both of which had previously invested in the company. The European Investment Bank Group also participated in the funding. Qonto offers banking and other […]
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