F|T: The FinTech Times – A new roadmap for Decentral

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.


Blockchain company Vanbex Labs sells products to Hyperion amid legal strife

Vanbex Group will continue to operate as a blockchain consulting company with a focus on supporting Hyperion from its offices in Vancouver.


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TechCrunch

Railsbank raises $10M Series A for its open banking and compliance platform

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

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.


BetaKit

FinTech startup PayBright raises $34 million in growth equity from goeasy

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

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.


BetaKit

Bitcoin Bay, BitAngels partner to increase investment in Toronto blockchain ecosystem

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

Revolut introduced a new Expense Management tool, designed to help growing businesses handle their expenses.


TechCrunch

SF-based African FinTech startup Chipper Cash expands to Nigeria

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

Anthony Di Iorio, the founder and CEO of Canadian blockchain company Decentral, has stepped down from his role.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.