Compliance Corner: Week 3 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:

• Highnote 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟵𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 to expand into merchant acquiring.
• Fundment 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 €𝟱𝟯 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗦𝗲𝗿𝗶𝗲𝘀 𝗖 funding led by Highland Europe and joined by ETFS Capital.
• Tapline 𝗰𝗹𝗼𝘀𝗲𝘀 𝗮 €𝟮𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗽𝗿𝗲-𝗦𝗲𝗿𝗶𝗲𝘀 𝗔 round comprising both equity and debt.
• €𝟭𝟯.𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 for Qomodo to bring BNPL solutions to high street merchants.
• Karmen 𝗿𝗮𝗶𝘀𝗲𝘀 €𝟵 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 for its business financing platform.
• MoneyHash 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟱.𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 to expand its PayTech solutions.
• Pluto 𝗰𝗹𝗼𝘀𝗲𝘀 $𝟰.𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 to enhance expense management solutions.
• Open Payments 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 €𝟯 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in funding to grow its payment services.

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Industry News

Major developments in fintech, crypto, and financial services are reshaping the industry's landscape. From new IPO annoucements and acquisitions to expansions and beyond, here are some of the hottest news:

• Younited 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝗜𝗣𝗢 as part of its growth journey, proud to count them among Dotfile’s customers
• Trading app Freetrade has been 𝘀𝗼𝗹𝗱 𝘁𝗼 𝗜𝗚 𝗚𝗿𝗼𝘂𝗽 𝗶𝗻 𝗮 £𝟭𝟲𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 deal pending regulatory approval by mid-2025.
• MyPOS 𝗮𝗰𝗾𝘂𝗶𝗿𝗲𝘀 𝗙𝗿𝗲𝗻𝗰𝗵 𝗰𝗮𝘀𝗵 𝗿𝗲𝗴𝗶𝘀𝘁𝗲𝗿 company Toporder to expand its offerings.
• Circle 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲𝘀 𝘁𝗼𝗸𝗲𝗻𝗶𝘇𝗲𝗱 𝗺𝗼𝗻𝗲𝘆 𝗺𝗮𝗿𝗸𝗲𝘁 𝗳𝘂𝗻𝗱 𝗛𝗮𝘀𝗵𝗻𝗼𝘁𝗲 to strengthen its portfolio.
• Crypto.com gains 𝗶𝗻-𝗽𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗳𝗼𝗿 𝗮 𝗠𝗶𝗖𝗔 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 to enhance compliance.
• Gemini 𝘀𝗲𝗹𝗲𝗰𝘁𝘀 𝗠𝗮𝗹𝘁𝗮 𝗮𝘀 𝗶𝘁𝘀 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗵𝘂𝗯 for MiCA compliance.
• Plumery launches 𝗮 𝗻𝗲𝘄 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗹𝗲𝗻𝗱𝗶𝗻𝗴 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 to streamline financing processes.
• Ramp unveils 𝗮 𝘁𝗿𝗲𝗮𝘀𝘂𝗿𝘆 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 allowing businesses to store cash and earn interest.

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Open Positions in Compliance

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

• HTX - Chief Compliance Officer
• Hero - Head of Compliance
• 3S Money - Head of Compliance & MLRO
• ICONOMI - Head of Compliance & Risk Management
• CoinJar - Head of Compliance (Europe)
• Ria Money Transfer - Deputy Compliance Officer
• Relai - Senior Compliance Officer EU
• Trustly - Compliance Officer
• Cometh - Compliance Officer

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The fintech and crypto sectors are abuzz with significant developments, including major funding rounds, new unicorns, business expansions, and promising compliance initiatives. Follow us for more updates and insights. See you soon!