Compliance Corner: Week 5 News Rundown

Fundraising Highlights

Fintech and crypto companies are drawing strong investor interest, with several securing significant funding to drive growth and innovation:

• Solaris SE 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 €𝟭𝟰𝟬𝗠 to bolster its Banking-as-a-Service platform.
• Cashfree Payments 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟱𝟯𝗠 to expand digital payment solutions.
• Anchor 𝗹𝗮𝗻𝗱𝘀 $𝟮𝟬𝗠 𝗦𝗲𝗿𝗶𝗲𝘀 𝗔 to enhance billing and collections automation.
• INXY Payments, a crypto payment gateway, 𝗰𝗹𝗼𝘀𝗲𝘀 𝗮 $𝟯𝗠 investment round.
• MYNE, a WealthTech startup, 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 $𝟮𝗠 pre-Seed funding.

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Industry Updates

Major advancements in fintech, crypto, and financial services are reshaping the landscape, including acquisitions, partnerships, and expansions:

• Coinbase 𝗼𝗯𝘁𝗮𝗶𝗻𝘀 𝗩𝗔𝗦𝗣 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 in the UK.
• Kraken Digital Asset Exchange 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 𝗠𝗶𝗙𝗜𝗗 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 in the EU, eyeing regulated derivatives.
• TransferGo 𝗲𝗻𝘁𝗲𝗿𝘀 𝗕𝟮𝗕 with a multi-currency business account.
• Temenos 𝘀𝗲𝗹𝗹𝘀 𝗠𝘂𝗹𝘁𝗶𝗳𝗼𝗻𝗱𝘀 𝗳𝗼𝗿 $𝟰𝟬𝟬𝗠 to Montagu Private Equity.
• Ripple 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 𝗥𝗲𝘃𝗼𝗹𝘂𝘁 & 𝗭𝗲𝗿𝗼 𝗛𝗮𝘀𝗵 to expand stablecoin access.
• Binance Pay 𝘁𝗲𝗮𝗺𝘀 𝘂𝗽 𝘄𝗶𝘁𝗵 xMoney.com for improved European payments.
• Brava Labs, a London fintech, 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗮 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝘀𝘆𝘀𝘁𝗲𝗺.
• Yapily 𝘀𝗲𝗹𝗲𝗰𝘁𝗲𝗱 𝗯𝘆 𝗔𝗱𝘆𝗲𝗻 for open banking payments.
• Pay.com 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 Volt.io for open banking.
• Bybit 𝗼𝗽𝗲𝗻𝘀 𝗮 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗪𝗲𝗯𝟯 𝘀𝘁𝗼𝗿𝗲 in MENA.

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Compliance Job Opportunities

If you’re exploring career opportunities in compliance, here are some of the latest openings at top companies:

• Nickel - Chief Compliance Officer (Belgium)
• Ka.app - Chief Compliance Officer
• DaFinLabs - Chief Compliance Officer
• Multitude - Senior Financial Crime Compliance Officer
• Bybit - Regulatory Compliance Officer (Austria)
• WorldFirst Nederland - AML Officer (MLRO)
• Groupe Olky - Compliance Officer
• Blockchain.com - AML Officer; Compliance Officer; CDD Lead

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The fintech and crypto industries are buzzing with activity—from record-breaking funding rounds to groundbreaking partnerships and evolving regulations. Stay informed by following us for more updates and insights. See you next time!