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Welcome to another episode of our Daily Fintech Podcast.
This podcast episode is sponsored by Payhawk. Payhawk is the most efficient credit card backed by powerful financial software to help companies stay in control of their spend. Try efficient, paperless, compliant spending today.
THE NEWS HIGHLIGHT OF THE DAY IS
RITMO has successfully closed a $200 million debt funding round led by i80 Group and Avellinia Capital,
JUST IN:
Men cashed bonuses that were worth almost what women cashed at Revolut last year, disclosures show. Britain’s most valuable private tech business reported a 96% gender bonus gap in 2021, a reduction of one percentage point from the previous year.
Berlin-based banking-as-a-service platform Solarisbank AG is launching a "women's network" dedicated to closing the gender gap in the fintech industry.
Mastercardintroduced Touch Card. A few months back Mastercard unveiled their new Debit, Credit and PrePaid card centred around providing better usability for blind and partially sighted consumers
ALSO:
Binance.US raised over $200 million in its first external funding round, putting its pre-money valuation at $4.5 billion
FURTHERMORE,
Grover has just reached unicorn status after its latest funding round.
WHAT ABOUT CRYPTO?
The Treasury said on Monday that the UK is to launch a non-fungible token (NFT) in the summer, ‘stablecoins’ will be formally regulated, and the UK tax landscape will be made more crypto-friendly; all part of a drive to transform the UK into a leading “global hub for crypto assets”.