Compliance Corner: Week 2 News Rundown

Fundraising

The fintech and crypto industries continue to draw strong investor interest, with numerous companies raising significant funding to drive their growth and innovation:

• Nomura-backed Komainu 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟳𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 from Blockstream Capital Partners.
• Sygnum Bank 𝗵𝗶𝘁𝘀 𝘂𝗻𝗶𝗰𝗼𝗿𝗻 𝘀𝘁𝗮𝘁𝘂𝘀 after a $58 million funding round.
• LemFi 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟱𝟯 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 to build the financial services hub for immigrant communities.
• nsave 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟭𝟴 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 in a Series A round for its international foreign currency accounts.
• Tokenization startup Brickken 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟮.𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 to expand its services.

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Industry News

Major developments in fintech, crypto, and financial services are reshaping the industry's landscape. From new licenses and partnerships to expansions and beyond, here are some of the most significant updates:

• Brex 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟮𝟯𝟱𝗠 𝗰𝗿𝗲𝗱𝗶𝘁 𝗳𝗮𝗰𝗶𝗹𝗶𝘁𝘆 𝘄𝗶𝘁𝗵 𝗖𝗶𝘁𝗶 to accelerate the growth of its card products.
• AMINA Bank 𝗿𝗲𝗺𝗼𝘃𝗲𝘀 𝗰𝘂𝘀𝘁𝗼𝗱𝘆 𝗳𝗲𝗲𝘀 for USDC and EURC.
• Klarna 𝗱𝗼𝘂𝗯𝗹𝗲𝘀 𝗺𝗲𝗿𝗰𝗵𝗮𝗻𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 due to Stripe integration.
• Crypto firm Gemini 𝗺𝗮𝗸𝗲𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗵𝗶𝗿𝗲𝘀 to strengthen its European operations.
• MoonPay 𝗮𝗰𝗾𝘂𝗶𝗿𝗲𝘀 𝗛𝗲𝗹𝗶𝗼 to strengthen its position in the crypto payment market.
• Adyen 𝗶𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗔𝗜 to enhance payment processing capabilities.
• Standard Chartered 𝗚𝗲𝘁𝘀 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 to offer digital asset custody in Luxembourg.

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Open Positions in Compliance

For those of you seeking opportunities in compliance, here are some of the latest open roles at leading companies:

• Spring: Chief Compliance Officer
• Worldline: Head of Compliance
• Moneycorp: Head of AML Compliance
• Volt.io: Head of Compliance & MLRO
• Navro: Head of Compliance
• Ramp Network: Compliance Manager and DPO
• Tothemoon: Head of AML
• Seven Seas Finance: Head of AML/MLRO
• Lightyear: KYB Compliance Operations Specialist
• Planet: Senior Compliance Manager

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A lot is happening in the fintech and crypto world right now. From big funding rounds and a brand-new unicorn to business expansions and exciting compliance opportunities, the industry is buzzing with activity. Follow us for more updates and insights. See you soon!