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Rapyd Heads Toward $9B Valuation After Target Global-led Series E  

Neobank Rapyd raised $300 million in a Series E funding round that pushed the company’s valuation to $8.75 billion. So reports TechCrunch.

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Mastercard Partnership with Fintechs Aims to Smooth Out Crypto Settlement Issues  

Mastercard announced a new initiative to enhance its cryptocurrency wallets and exchanges card program by ironing out currency settlement issues. 

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On Trend: Robinhood IPO Expecting to Yield Billions for Co-founders

Vlad Tenev and Baiju Bhatt, the co-founders of Robinhood, are expected to become the newest pair of “paper billionaires” in the fintech game after the popular trading app makes its public stock offering. So reports CNBC.

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Polygon Studios Seeks to Take Gaming, NFT’s to the Next Level  

Polygon has launched a new studio aimed at helping to advance non-fungible tokens and blockchain gaming. So reports Coindesk.

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NBA, NFL Stars Among Backers of Mobile Investment Platform Titan  

Led by the cryptocurrency arm of venture capitalists Andreessen Horowitz, investment app Titan raised $58 million in its latest funding round. So reports Reuters.

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Crypto-backed Visa Card Surging in Popularity: CFO

Visa announced its crypto-backed credit card has enjoyed notable success and its users have spent more than $1 billion in cryptocurrency in the first half of the year. So reports PYMNTS.

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'Wise' Move: Direct Listing Brings Big Bucks to U.K. Fintech

British fintech Wise raised more than $11 billion after making its stock market debut. So reports CNBC.

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Embattled Software Magnate John McAfee Found Dead in Prison

Antivirus software pioneer John McAfee has died at age 75 in a prison near Barcelona after Spanish justices approved his extradition on U.S. tax evasion charges. So reports CNN.

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Andreessen Horowitz Makes Major Crypto Play with New Fund Launch

Andreessen Horowitz is planning a $2.2 billion “cryptocurrency-focused” fund, according to a recent announcement. So reports CNBC.

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After Plaid Deal Falls Through, Visa Snatches Up Tink Instead

Visa and European bank Tink agreed to a $2.2 billion deal which would allow Visa to take over the open-banking platform. So reports Reuters.

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