Compliance Corner: Week 4 News Rundown

Fundraising

The fintech and crypto sectors continue to attract significant investor interest, with several companies securing substantial funding to fuel their growth and innovation:

• TravelPerk 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟮𝟬𝟬𝗠 𝗶𝗻 𝗦𝗲𝗿𝗶𝗲𝘀 𝗘 led by Atomico and acquired Yokoy to expand into Intelligent Spend Management.
• Vertice 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟱𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗦𝗲𝗿𝗶𝗲𝘀 𝗖 to simplify procurement processes for businesses.
• Swan 𝗿𝗮𝗶𝘀𝗲𝘀 €𝟰𝟮𝗠 𝗶𝗻 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 to accelerate embedded banking expansion across Europe.
• Formance 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟮𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗦𝗲𝗿𝗶𝗲𝘀 𝗔 to enhance financial infrastructure for payment flows.
• Yavrio 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟮.𝟰 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 to eliminate CSV files and streamline Open Banking operations.

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Industry News

Key developments in fintech, crypto, and financial services are shaping the industry's landscape. Acquisitions, partnerships, expansions, and more. Here are some of the most noteworthy updates:

• 𝗫 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 𝗩𝗶𝘀𝗮 to launch a Digital Wallet service called "X Money Account."
• 𝗕𝗶𝘁𝗽𝗮𝗻𝗱𝗮, 𝗢𝗞𝗫, 𝗮𝗻𝗱 𝗖𝗿𝘆𝗽𝘁𝗼.𝗰𝗼𝗺 𝘀𝗲𝗰𝘂𝗿𝗲 𝗠𝗶𝗖𝗔 𝗹𝗶𝗰𝗲𝗻𝘀𝗲𝘀 in Germany and Malta to expand European operations.
• Mollie 𝗲𝗻𝗮𝗯𝗹𝗲𝘀 𝗧𝗮𝗽 𝘁𝗼 𝗣𝗮𝘆 𝗼𝗻 𝗶𝗣𝗵𝗼𝗻𝗲 for businesses across the UK.
• 𝗣𝗹𝗲𝗼 𝗲𝗻𝘁𝗲𝗿𝘀 𝘁𝗵𝗲 𝘁𝗿𝗲𝗮𝘀𝘂𝗿𝘆 𝘀𝗽𝗮𝗰𝗲 by launching financial dashboards and multi-currency accounts.
• 𝗔𝘀𝘁𝗿𝗼𝗣𝗮𝘆 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 𝗮 𝗕𝗿𝗮𝘇𝗶𝗹𝗶𝗮𝗻 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 to expand its presence in Latin America.
• 𝗢𝗻𝗱𝗼 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝘁𝗼 𝗯𝗿𝗶𝗻𝗴 𝘁𝗼𝗸𝗲𝗻𝗶𝘇𝗲𝗱 𝗨𝗦 𝘁𝗿𝗲𝗮𝘀𝘂𝗿𝗶𝗲𝘀 to Ripple's XRP Ledger.
• 𝗔 𝗻𝗲𝘄 𝗲𝗽𝗶𝘀𝗼𝗱𝗲 𝗼𝗳 "𝗠𝗶𝗖𝗔 𝗠𝗮𝘀𝘁𝗲𝗿𝘀" from Delphine Forma with Michiel Van Tichelen discussing crypto market makers.

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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:

• Finora Bank - Chief Compliance Officer
• Dojo - Head of Compliance
• CoinGate - Head of Compliance
• Waystone - Head of Compliance Operations
• Radilink - Head of Compliance
• Trade Nation - Head of Compliance
• FundedNext - Head of Compliance
• Saxo Bank - Senior Compliance Officer
• Quanta - Legal and Compliance Officer
• Striga - KYB Analyst

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