Egyptians got mad because they thought the government was making “gay” money

Published on August 4, 2021

The government was forced to assure citizens that they are not, in fact, making the country's currency an advertisement for LGBTQ rights...
Read more

Continue reading on website
Other news

Reserve Trust raises $30.5M to become the ‘Stripe for B2B payments’

August 4, 2021
Reserve Trust, a Denver-based financial services provider, has raised $30.5 million in a Series A round led by QED Investors.FinTech Collective, Ardent Venture Partners, Flywire CEO Mike Massaro and Quovo founder and CEO Lowell Putnam also participated in the financing, which included $17.9 million in secondary shares. It brings the startup’s total raised since its 2016 inception to $35.5 million.

Neobanks’ moves toward profitability could be the path to public markets

August 4, 2021
The global venture capital bet on neobanks is massive. London-based Starling Bank has raised more than $900 million, per Crunchbase. The same data source indicates that Chime has raised $1.5 billion. Monzo has raised nearly $650 million. And the list goes on: E-commerce-focused neobank Juni raised $21.5 million last month. Novo, an SMB-focused neobank, raised $41 million in June. Nubank has raised