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Latest Results from /markets

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India's PhonePe raises $100m at $12bn valuation

Weeks after a $350 million raise, Indian digital payment platform PhonePe has secured another $100 million in funding at a $12 billion valuation.

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Banks lead $65 million investment in crypto-infrastructure firm Taurus

Credit Suisse has led a $65 million Series B round in Swiss crypto infrastructure provider Taurus, with participation from other major financial institutions.

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Deutsche Börse selects Google Cloud to underpin digital asset business

Deutsche Börse has selected Google Cloud to provide the backbone for a new digital asset business platform that will aim to establish an institutional-grade ecosystem for crypto trading.

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NextGen Nordics: Highlights since our last Nordic event

As we prepare for our upcoming NextGen Nordics conference on the 25th of April in Stockholm, we are publishing a series of ‘Sneak peeks’, which will take a dive into some of the topics and speakers covered at the event.

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Ex-Nyse CIO launches finance app

Fierce, a "feel-good" finance app founded by former Nyse CIO Rob Cornish, has emerged from stealth with $10 million in seed funding.

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Robinhood aims to buy back Bankman-Fried's 7% stake

Robinhood says its board has given the green light to a plan to buy FTX founder Sam Bankman-Fried's seven per cent stake in the stock trading app.

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Lunar raises €35 million despite tough economic conditions

Danish neobank, Lunar, has raised €35 million to invest in and develop the business in order to continue Nordic expansion and expedite its path to profitability.

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Identity decisioning fintech Alloy launches in UK

US fintech Alloy launches in the UK as part of their EMEA growth and global expansion, opening an office in London office and announcing key hires.

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Big banks invest $45m in carbon credit transaction network

A group of nine banks has pumped $45 million into Carbonplace, the global DLT-based carbon credit transaction network they founded that is now becoming an independent entity ahead of its planned launch later this year.

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ION pays ransom, claim hackers

The gang that attacked ION Trading UK's systems last week says that the firm has paid a ransom.

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FCA sets up Innovation Advisory Group

The Financial Conduct Authority (FCA) has appointed seven advisors to a new Innovation Advisory Group (IAG) which will meet for the first time this month.

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SEC WhatsApp crackdown expands to hedge funds

The Securities and Exchange Commission is widening its probe into Wall Street's use of WhatsApp for conducting business to include major hedge funds, according to Bloomberg.