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Revolut, the UK-based fintech company, has sparked a dispute with several former employees over what they believe to be high tax liabilities following the exercise of stock awards. They believe the information they have obtained is inconsistent with the final tax treatment results, triggering a conflict between tax perceptions and expectations. The conflict concerns Revolut's tax arrangements and communication methods when employees leave or cash out, and the two sides currently disagree on how ...
According to Bitcoin.com, French fintech company Lyzi has partnered with Porsche Center Montpellier and Lamborghini Center Bordeaux to enable customers to buy luxury cars using Bitcoin, Tezos (XTZ), stablecoins and more than 80 digital assets. These cryptocurrency payments will be immediately converted to euros, providing dealers with protection against price volatility risks. Jean-Pierre Launay, director of Porsche Centre Montpellier, said the move is designed to provide customers with a buying...
Australia-based Propanc Biopharma (NASDAQ: PPCB) said on Monday it has raised up to $100 million from Hexstone Capital, a family office active in Bitcoin, Ethereum, Solana, Dogecoin and other digital assets. The private placement transaction, structured through convertible preference shares, provides Propanc with an initial investment of $1 million and an initial investment over the next year.
Medical technology company ENDRA has completed a round of private financing to provide financial support for its entry into the digital asset field, and will immediately allocate part of the funds to HYPE tokens - which will become a core component of its active asset pool management. According to news on October 23, the Ann Arbor-based medical technology company has completed a round of private equity financing (PIPE), with proceeds raised 4.90 million US dollars. Institutional investors and cr...
Argentina-based crypto fintech company Lemon has announced the completion of a $20 million Series B funding round led by US funds F-Prime and ParaFi and backed by DRW Venture Capital, Endeavor Catalyst, Van Eck, Persea VC, Alumni Ventures and Lambda Class. Lemon was founded in 2019 by CEO Marcelo Cavazzoli to provide a platform that allows users in Argentina and Peru to buy, sell, and store digital assets, make payments, and use digital assets.
According to BitcoinTreasuries.NET news, Canadian listed company LQWD Technology (stock code: $LQWD) has raised $1.85 million to increase its holdings of Bitcoin.
According to Theinformation, Sequoia Capital first invested in Klarna in 2010 and earned $2.70 billion on its initial $500 million investment after the fintech company went public this month.
African fintech company Kredete today announced the completion of a $22 million Series A funding round led by Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE) from AfricInvest, with participation from Partech and Polymorphic Capital. Founded in 2023, the company is dedicated to helping African immigrants build their credit histories through stablecoin payments and cross-border remittance services. The company will use this round of financing to expand its business...
According to market news, British fintech company Revolut has offered to buy back up to 10% of the shares held by early investors.
On August 22nd, according to the United News Network, prosecutors in Taiwan cracked the fraud case involving the virtual currency physical store trading platform "Bixiang" technology company, and the money laundering amount reached 2.30 billion Taiwan dollars, and more than 1,000 people were victimized. Prosecutors launched a search operation in April, arresting 14 people including the person in charge Shi Qiren one after another, and seizing virtual assets such as cash 60.49 million yuan and 64...
