Latest FinTech & Blockchain News
February FinTech Funding Exceeds $1.02 Billion Across 29 Rounds
February started strongly for FinTech funding with over $1.02bn raised in 29 rounds, continuing last week's $1bn momentum and following a $2.3bn two-week period. WealthTech and RegTech led with six deals each, CyberTech had five, while InsurTech and PayTech secured three.
This reflects robust investor confidence in 2026 FinTech sectors.
Talos Extends Series B to $150m for Digital Asset Infrastructure
Talos, a provider of institutional digital asset infrastructure, extended its Series B by $45m to reach $150m total, valuing the firm at $1.5bn. New investors include Robinhood Markets, Sony Innovation Fund, IMC, QCP, and Karatage, with returns from a16z crypto, BNY, and Fidelity.
The raise signals growing institutional adoption of digital asset tech.
Varo Bank Secures $123.9m Growth Round
Varo Bank raised $123.9m in a growth funding round amid strong FinTech momentum. This contributes to the week's over $1bn total funding across sectors like digital banking.
Details highlight continued investor interest in scalable FinTech platforms.
TRM Labs Closes $70m Series C for Blockchain Intelligence
RegTech firm TRM Labs, using AI against criminal networks, raised $70m in Series C led by Blockchain Capital. Returning investors include Goldman Sachs, Bessemer, Y Combinator, and new participant Galaxy Ventures.
The funding bolsters national security-focused blockchain tools.
Bound Raises $24.5m Series A for FX Risk Management
Automated FX platform Bound secured $24.5m in Series A to counter currency volatility from geopolitical tensions. The funding aids businesses in managing economic uncertainty.
It underscores RegTech's role in volatile markets.
Fipto Becomes Europe's First Dual-Licensed Stablecoin Payment Institution
Fipto achieved Europe's first dual license for stablecoin payments, enhancing crypto adoption. This milestone supports compliant stablecoin infrastructure in the EU.
It positions Fipto as a leader in regulated digital payments.
Bithumb Accidentally Sends $40 Billion in Bitcoin to Users
South Korean exchange Bithumb mistakenly transferred 620,000 BTC ($40bn) to 695 users during a promotion, intending only $1.37 each. The firm recovered 99.7% within 35 minutes, covering losses with own assets after a 17% price drop.
No hacking involved; platform volatility was contained quickly.
Massachusetts AG Sues Bitcoin ATM Operator for Scam Failures
Massachusetts Attorney General sued Bitcoin Depot for failing to protect users from scams via its kiosks, alleging scams as a 'major revenue source'. The complaint highlights operator awareness but inaction on fraud.
This raises concerns over crypto kiosk consumer protections.
Delaware Court Allows Coinbase Insider Trading Suit to Proceed
Delaware Chancery Court kept alive a suit against Coinbase insiders for profiting before a share price drop, rejecting the firm's litigation committee's independence. The ruling underscores accountability in crypto firms.
It impacts ongoing governance scrutiny in the sector.
US Treasury on Track for GENIUS Act Stablecoin Rules by July 2026
Treasury aims to issue GENIUS Act implementing rules by July 2026 for stablecoins, amid bipartisan efforts on yield and community banks. Discussions emphasize innovation protection and risk limits.
Banks push for safety in digital asset market structure.
NCFA Highlights Stablecoin Rewards and Tokenized Gold Regulations
NCFA notes rising scrutiny on stablecoin rewards in US/Canada rules, tokenized gold custody under CIRO, and UK payments as national infrastructure. Platforms must prove controls for scaling.
FinTechs treating governance as product core will lead distribution.