Nuri filed for insolvency, two months after it announced layoffs; & more! episode artwork

EPISODE · Aug 10, 2022 · 4 MIN

Nuri filed for insolvency, two months after it announced layoffs; & more!

from Connecting the dots in FinTech... by Marcel van Oost · host Marcel van Oost

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: This podcast episode is sponsored by YieldX. YieldX is transforming income investing to bring its benefits to all investors. With YieldX, the outcome is income. NEWS HIGHLIGHT Nuri filed for insolvency today, two months after the Berlin-based digital bank announced layoffs as it struggled with the rout in cryptocurrency prices, economic uncertainty, and difficult funding environment FINTECH NEWS #apple Apple Pay is now available in Malaysia with three supporting banks namely Maybank, AmBank Group and Standard Chartered Bank. #moversandshakers ComplyAdvantage named Andrew Davies as Global Head of Regulatory Affairs. Luno has announced the hiring of Thomas Tudehope who come in as Luno's Global Head of Policy #donedeal A new £1 billion fintech fund to accelerate the growth of promising UK scale-ups is to be backed by a group of senior industry figures Capify launched a £40m fund for UK SMEs, to help manage operations through difficult trading conditions. Link here. CreatorDAO raises $20 million, in an ambitious bet on the creator economy. Backers include Andreessen Horowitz (a16z) and Paris Hilton among others. Link here. Appital secured an additional £1.7 million investment from Frontline Ventures and various angel investors to bring technological innovation and automation to equity markets. Link here. Dezerv has bagged $21 million in a Series A funding round led by Accel Partners. Also participating in the round were existing investors Matrix Partners India and Elevation Capital. Link here.

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: This podcast episode is sponsored by YieldX. YieldX is transforming income investing to bring its benefits to all investors. With YieldX, the outcome is income. NEWS HIGHLIGHT Nuri filed for insolvency today, two months after the Berlin-based digital bank announced layoffs as it struggled with the rout in cryptocurrency prices, economic uncertainty, and difficult funding environment FINTECH NEWS #apple Apple Pay is now available in Malaysia with three supporting banks namely Maybank, AmBank Group and Standard Chartered Bank. #moversandshakers ComplyAdvantage named Andrew Davies as Global Head of Regulatory Affairs. Luno has announced the hiring of Thomas Tudehope who come in as Luno's Global Head of Policy #donedeal A new £1 billion fintech fund to accelerate the growth of promising UK scale-ups is to be backed by a group of senior industry figures Capify launched a £40m fund for UK SMEs, to help manage operations through difficult trading conditions. Link here. CreatorDAO raises $20 million, in an ambitious bet on the creator economy. Backers include Andreessen Horowitz (a16z) and Paris Hilton among others. Link here. Appital secured an additional £1.7 million investment from Frontline Ventures and various angel investors to bring technological innovation and automation to equity markets. Link here. Dezerv has bagged $21 million in a Series A funding round led by Accel Partners. Also participating in the round were existing investors Matrix Partners India and Elevation Capital. Link here.

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Nuri filed for insolvency, two months after it announced layoffs; & more!

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This episode was published on August 10, 2022.

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