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Coinbase’s $100M In Funding Brings Its Valuation To $1.6B

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Coinbase has raised $100 million in a Series D funding round, giving the digital currency startup a post-money valuation of $1.6 With the bitcoin market surging, Coinbase has facilitated almost $15 billion in digital currency exchange in just the first half of 2017, which is five times more than was exchanged in all of 2016.

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Roblox Holds Off On IPO Following SEC Scrutiny

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The SEC is investigating how the San Francisco-area startup allocates revenue. . A funding round earlier this month put Roblox’s valuation at $29.5 A funding round earlier this month put Roblox’s valuation at $29.5 8, the company changed its plans to a direct listing to occur in February. .

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TransferWise Teams With Alipay For Money Transfers In China

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The partnership gives TransferWise’s estimated 7 million customers the ability to transfer Chinese yuan from 17 currencies to Alipay’s 1.2 Founded in 2011 by Estonian friends Käärmann and Taavet Hinrikus, the startup set out to make foreign exchange fees more transparent. TransferWise has a valuation of $3.5

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Revolut for Mobile Currency Exchange Closes Its Seed Round

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Currency transfer and finding ways for consumers to avoid the inevitable fees is a hot spot for FinTech startups. With Revolut, the money can be spent in over 90 currencies around the world at the cheapest exchange rate available, the interbank rate, with no fees, at least for now. Revolut, a U.K.-based

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Curve’s Digital Banking Customers Can Now Use Apple Pay

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Curve closed a Series B funding round in July, at a valuation of $250 million. startup in history to raise £4 million in crowdfunding on Crowdcube. Curve Send” enables the use of any linked bank account to send funds to people in over 25 different currencies. The platform became the fastest U.K.

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CEO Davies Exits Revolut After One Year

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Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut , one year after coming aboard to bring his seasoned skills to the startup, the Financial Times reported. ” The cash infusion Revolut announced last week puts the company’s valuation at $5.5

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Bitcoin Daily: Blockchain Phone ‘Finney’ To Debut In Dec; AriseBank CEO Handed 120-Year Prison Sentence Over $4M Crypto Scam

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Blockchain startup AriseBank’s CEO is facing up to 120 years in prison for misleading investors in a crypto scam. The device comes equipped with an Intel Celeron Processor J Series processor and an AMD Radeon RX570 graphics card, in addition to a 1 TB drive to hold the blockchains needed for currency management.