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Blockchain company Vanbex Labs sells products to Hyperion amid legal strife(BETAKIT)
Vanbex Group will continue to operate as a blockchain consulting company with a focus on supporting Hyperion from its offices in Vancouver.
Railsbank raises $10M Series A for its open banking and compliance platform(TECHCRUNCH)
Railsbank, the open banking and compliance platform co-founded by CEO Nigel Verdon, who previously founded Currencycloud, has raised $10 million in Series A funding.
Happy Money raises $70 million at a valuation of nearly $500 million(FORBES)
Happy Money, the Costa Mesa, California-based FinTech that operates a marketplace that hooks borrowers up with credit union lenders, has raised $70 million in venture funding at a valuation of $495 million.
FinTech startup PayBright raises $34 million in growth equity from goeasy(BETAKIT)
Toronto-based FinTech company PayBright has raised $34 million in growth equity from alternative financing provider goeasy Ltd.
Accion raises funds to invest in seed stage financial inclusion FinTech startups(FINEXTRA)
Non-profit group Accion International is boosting its investment initiative for seed stage FinTech startups working on financial inclusion, raising $23 million from investors and adding another $10 million from its own pocket.
Bitcoin Bay, BitAngels partner to increase investment in Toronto blockchain ecosystem(BETAKIT)
Bitcoin Bay will become BitAngels’ city leader for Toronto, and will host monthly and bi-monthly events focused on market trends, blockchain startup presentations, and networking.
Revolut launches expense management tool for small businesses(TEARSHEET)
Revolut introduced a new Expense Management tool, designed to help growing businesses handle their expenses.
SF-based African FinTech startup Chipper Cash expands to Nigeria(TECHCRUNCH)
Chipper Cash will establish a company presence in Lagos and has hired a country manager, Abiodun Animashaun, co-founder of Lagos-based ride-hail startup Gokada.
Decentral’s new CEO outlines company roadmap as Ethereum co-founder Anthony Di Iorio steps down(BETAKIT)
Anthony Di Iorio, the founder and CEO of Canadian blockchain company Decentral, has stepped down from his role.