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TransferWise has announced secondary sales amounting to a total of USD 319 million at a new valuation of USD 5 billion.
neobanks, Monzo, N26, Bunq, TransferWise for Banks API, TransferWise, payments , SMEs, bank account, money transfers, cross border payments, shares, valuation
Brussels, Germany, Wirecard, BaFin, investor trust, Europe, EU, Valdis Dombrovskis, breach of union law, European Securities and Markets Authority, shares
Wirecard, insolvency, accounting scandal, Markus Braun, shares, fraud, fake transactions
JD.com, Hong Kong Stock Exchange, US, fake transactions, shares, American stock exchanges, ecommerce
PrettyLittleThing, acquisition, boohoo, ecommerce, online fashion, retailer, shares
Alibaba is looking to buy the stake from Yunda’s controlling shareholders who own 52.19% of Yunda through their wholly owned company Shanghai LuoJieSi Investment Management, according to Reuters’ sources.
Yunda. Alibaba, China, shares, funding, ecommerce, delivery, parcels
The Swiss Blockchain Federation has published guidelines for issuers of digital equity and related tokens.
Swiss Blockchain Federation, digital equity, digital bonds, tokens, blockchain, shares, Switzerland, financial technology
Cryptocurrency company Ripple has announced an investment of up to USD 50 million into money transfer company MoneyGram.
Ripple, investment, MoneyGram, XRP, cryptocurrency, money transfer, agreement, partnership, shares, payments , crypto assets, Token
A class-action lawsuit has claimed Lyft misled investors in its filing to go public, and its shares dipped as much as 3.6%, while the stock ended trading up 1.6%.
Lyft, lawsuit, investors, IPO prospectus, fraud, misleading, stock, shares, US, mischief, market share, safety
Finland-based broadcaster Yle has reported that Nordea handled EUR 700 million (USD 790 million) in suspicious transactions between 2005 and 2017.
Nordea, Finland, suspicious transactions, fraud, banks, Yle, shares, money laundering, authorities, security, data leak
Neufund has partnered with Ledger to launch a secure blockchain platform, which will allow users to manage their real-world security tokens.
ledger, Neufund, security, tokens, blockchain, cryptocurrency, digital assets, shares