Daily Fintech Podcast - February 9th, 2022

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💫 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.