Daily Fintech Podcast - February 9th, 2022

This podcast episode is sponsored by PayRetailers. By having PayRetailers as a partner, you can now start your own local payment strategy in Latin America with more than 250 payment methods with complete security. Get a wider reach, eliminate cross-border payment complexities, and minimize operational costs. Start today! 💫 News Highlight: @DriveWealth is getting into cryptocurrency trading. The start-up is acquiring a crypto firm and launching two subsidiaries to handle and execute trades ⚡ Just in @Tide’s Open Access service initiative exceeds expectations as 1,000 business customers signed up within just a few weeks. ⭐ Also, E-money institution @FROST has become a principal member of @Visa to further its mission of helping working professionals conquer their finances. 🪙 Crypto - @Bitso, a cryptocurrency platform in Latin America with more than 4 million users, has announced the first transfer of a female player through the use of cryptocurrency. 🤝 M&As: @Fiserv has struck a deal to acquire cloud-based core banking player @Finxact for around $650 million. 🚢 Partnerships - @Newt Corporation announced that it has entered into a service agreement with @Belvo, Open Banking API Platform to service its lending-as-a-service offering across North America. 💰 Funding rounds & investments: -@ICHI raised $3.5 million in new funding to empower any crypto project with community controlled DeFi capabilities that keep value locked in their community. -@Bold, a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by @Tiger Global Management. -@Streetbeat announced that it has closed $10M in seed funding led by @TTV Capital with additional backing from investors. -@Vivid Money, a challenger bank out of Berlin has raised €100 million, in a round of funding led by @Greenoaks Capital.