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Fintech infrastructure startup Prime Trust raises $100M to add IRAs, crypto staking

TechCrunch

There’s been a massive proliferation of fintech services in the past few years, during which fintech companies competed to develop new products more quickly than their competitors. You need to do AML, KYC BSA compliance, and you need to be able to provide rails in and out of your platform. .

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3 ways fintech companies can help retailers launch financial services

TechCrunch

This is where fintech can step in. As more and more retailers make this move, partnering and collaborating with fintechs can help them build, scale and secure their financial offerings. Building infrastructure and providing top-notch cybersecurity is at the core of what we do, not the sideshow.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann. This will now be offered to 22 fintech companies across Mexico, Argentina, Chile, Colombia and Peru.

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London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever

TechCrunch

Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. With this infrastructure, developers are able to create highly contextualized and event-driven user experiences at the point of purchase,” it claims. The company did not disclose its valuation.

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Tatum lets you interact with blockchains using API calls

TechCrunch

Meet Tatum , a blockchain infrastructure startup that wants to make it much easier to develop your own blockchain-based product. While blockchain development was quite easy at first, it quickly became much more complicated as new blockchains emerged. There are now dozens of different blockchains.

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Crypto boom continues as Chainalysis raises $100M, doubles valuation to over $2B

TechCrunch

Chainalysis , a blockchain analysis company, announced Friday it has closed on $100 million in Series D financing, doubling its valuation to over $2 billion. Among its 400 customers are fintechs such as Square, financial institutions like Barclays and cryptocurrency businesses like Gemini, Bitstamp and BitPay.

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Why web3 companies get hacked so often, according to crypto VC Grace Isford

TechCrunch

On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. Before joining Lux this February, Isford was an investor at Canvas Ventures focused on enterprise software and fintech.

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