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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

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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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‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

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Blockchain Technology: The future of startups

Openxcell

Blockchain technology market has been predicted to shoot up from 4.9 According to the data collected from CB Insights, multiple startups and established firms that invested in this naive technology saw a record rise of $4.3 So let’s first understand what this technology is and why it has become so promising for the future?

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Why is Now The Perfect Timing for Digital Transformation in Financial Services?

OTS Solutions

The financial services industry has traditionally been a slow adopter of modern technology. But with the rise of FinTech, consumer expectations, and government pressures being felt throughout the industry, the pressure is on. The finance industry has always been one of the first to use modern technologies. Cloud Computing.

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LINE Ventures merges with YJ Capital, launches $271M fund

TechCrunch

The fund will look in Japan, as well as global markets like South Korea, the United States, China and Southeast Asia, for investment opportunities, with the aim of creating collaborations between startups and Z Holdings’ commerce, media and fintech services. DNX Ventures launches $315 million fund for US and Japanese B2B startups.

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Investment in infrastructure is critical for crypto startups, not a ‘nice to have’

TechCrunch

Nikhil Sachdev is a managing director at Insight Partners, where he focuses on investments in high-growth software, fintech and crypto companies. Apoorva Goyal is a vice president at Insight Partners, where he focuses on investments in high-growth fintech, internet and software companies. Apoorva Goyal. Contributor. Contributor.