IBA News

Amsterdam-based Blockport is one of the first European cryptocurrency exchanges to launch an equity-based security token offering (STO). The newly-issued token, Blockport Securities (BPS), is a fully compliant security token linked to company shares, entitling BPS holders to any declared dividends.  Blockport offers a cryptocurrency trading platform to buy and sell cryptocurrency directly with Euros. Those …

Blockport launches security token offering (STO) to fuel international market rollout Read More »

Khatabook, a Bengaluru-based utility solutions provider which helps micro, small, and medium-sized businesses track business transactions, has closed a $60 million Series B round of funding led by B Capital Group.  The round also saw participation from new and existing investors including Sequoia India, Partners of DST Global, Tencent, GGV, RTP Global, Hummingbird Ventures, Falcon …

Fintech startup Khatabook raises $60M in Series B led by B Capital Group Read More »

Cashaa Technologies, a UK-based cryptocurrency banking app, has reportedly raised $5m in a funding round to support its expansion in India. The capital injection was led by blockchain-focused investor O1ex, according to a report from VCCircle. With the fresh funds, the FinTech plans to expand in India as well as Africa and the Caribbean, it …

Cashaa Technologies said to raise $5m in its seed round Read More »

Starling Bank is “really sorry” if customers are unhappy with its new fees, introduced just weeks after the neobank revealed its losses had doubled in the last year. The challenger bank announced that it will from now on force customers who misplace their cards to fork out another £5 for replacing them, Crowdfund Insider reported. Additionally, Starling …

Starling Bank introduces new fees after doubling its losses in the last year Read More »

Hot on the heels of having acquired Wirecard Communication Services GmbH, IDnow has now named Bettina Pauck as its new chief operations officer. Taking on the role, she will head the operations division at the Munich site as well as the Leipzig site, which will be part of the IDnow Group as of September. IDnow took …

Bettina Pauck steps up as IDnow’s new COO Read More »