Your Daily FinTech Podcast - June 17th, 2022

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to another episode of our Daily Fintech Podcast. THE NEWS HIGHLIGHT OF THE DAY IS Coinbase CEO Brian Armstrong said that the company will reduce its workforce by 18% — nearly 1,100 people — to “stay healthy during this economic downturn.” JUST IN: Zopa is reportedly delaying plans for a public offering due to the current market conditions. FURTHERMORE: Revolut is now the fastest growing fintech in Spain. WHAT ABOUT FUNDING ROUNDS AND INVESTMENTS? Cleo raised $80m in new capital KEO World closed a $20 million growth equity round AMNIS closed a CHF 8.6 million funding round Upvest raised a $42 million Series B funding round Azimut Group led a 16 million-euro investment round for Young Platform, an Italian fintech group focused on cryptocurrencies.