Your Daily FinTech Podcast - May 17th, 2022

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Welcome to another episode of our Daily Fintech Podcast.

THE NEWS HIGHLIGHT OF THE DAY IS

Coinbase users are reporting difficulty withdrawing funds, heightening fears amid a widespread crash in cryptocurrency prices. The company confirmed the issues in a tweet on Thursday.

JUST IN:

Mark Cuban is reliving the internet boom when he looks at crypto. The ‘consolidation phase’ is coming, he says.

AS FOR PARTNERSHIPS

The leading Swedish expense sharing fintech Steven AB has chosen Enfuce, one of Europe’s leading fintechs, as its payment card issuing provider.

WHAT’S THE LATEST ON VENTURE FUNDS?

A trio of PayPal Ventures alumni has raised $158 million for Infinity Ventures, a new early-stage venture firm dedicated to investing in fintech startups globally.

WHAT ABOUT FUNDING ROUNDS AND INVESTMENTS?

Wayflyer secured $300M (approximately €288.28M) in a debt financing round from J.P. Morgan, with Neuberger Bermann acting as a mezzanine provider.

TIFIN raised a $109 million Series D round.

belo, the digital wallet that allows the exchange between Argentine pesos and crypto, received an investment of US$3 million.

NOW, LET’S COVER NEW LAUNCHES AND FEATURES.

Clear Junction announced the introduction of a new e-wallet solution that will enable open banking providers to overcome some of the challenges they face when going to market.

Atom Finance, the investment intelligence app that was founded to bridge the information gap between Wall Street professionals and everyday investors, announced the official release of its embedded stock and crypto intelligence platform.