In today’s FinTech news, China is showing signs of loosening its crackdown on FinTechs and payment firms. Plus, in a time of digital transformation, Lyft finds a way to take cash. China Moving Closer to ‘Healthy’ FinTech Launch Chinese President Xi Jinping is moving forward...
Financial infrastructure firm Prime Trust has raised $100 million in a Series B funding round to scale operations and broaden its product suite categories, according to a press release Wednesday (June 22). The funding was backed by previous and new investors including FIS, Fin Capital,...
Blockchain digital bank Intellabridge Technology Corporation is partnering with financial infrastructure provider Prime Trust to on-ramp Intellabridge customers to decentralized finance (DeFi) from U.S. dollars and earn a 10% stable interest rate on their Kash savings accounts. In a Tuesday (Jan. 18) press release, Intellabridge...
Elliptic, which works in blockchain analytics and cryptocurrency compliance solutions, has partnered with financial infrastructure provider Prime Trust to bolster Prime Trust’s dealings with crypto, according to a press release. Prime Trust recently closed a Series A round with $64 million to expand its B2B...
March 23, 2021
The digital asset market is heating up and is predicted to be worth almost $2 billion by 2027, and this quick growth is making it all the more important for the exchange platforms facilitating cryptocurrency trades to keep out fraudsters. Bad actors who manage to onboard with platforms or take over legitimate users’ accounts can […]
August 23, 2022
Bankrupt crypto lender Celsius Network has reportedly sued its former business partner, crypto custodian Prime Trust, demanding the return of $17 million in crypto that the former says the latter still holds. Celsius Network has alleged that Prime Trust retained some crypto assets after it returned $119 million in assets to Celsius when the two […]
June 22, 2022
Financial infrastructure firm Prime Trust has raised $100 million in a Series B funding round to scale operations and broaden its product suite categories, according to a press release Wednesday...
January 18, 2022
Blockchain digital bank Intellabridge Technology Corporation is partnering with financial infrastructure provider Prime Trust to on-ramp Intellabridge customers to decentralized finance (DeFi) from U.S. dollars and earn a 10% stable...
