Latest FinTech & Blockchain News
Payments Startup Fun Exits Stealth with $72M Series A
Blockchain-based payments infrastructure startup Fun emerged from stealth after raising $72M in Series A co-led by Multicoin Capital and SignalFire. The New York firm, processing $18B in annual volume across 100+ countries, plans Asia expansion and acquisitions.
OppFi Acquires BNCCORP and National Bank BNC for $130M
Digital lender OppFi agreed to a $130M cash-and-stock deal for BNCCORP and its subsidiary BNC National Bank, gaining a national bank charter for OppFi Bank. BNC manages $1.1B assets and $1B deposits; deal awaits regulatory approvals and expected Q4 2026 close.
SIX Merges Digital Exchange into SIS, Gains FINMA Crypto Custody Approval
SIX received FINMA approval to merge its SIX Digital Exchange into SIX SIS and expand CSD services to include crypto custody. This integrates digital and traditional assets under one regulated entity, reducing complexity for financial institutions.
IONIX CHAIN Leads Top Crypto Presales in May 2026 with $6.7M Raised
AI-native Layer-1 blockchain IONIX CHAIN tops presale lists in Stage 18 at $0.025 per $IONX, having raised over $6.7M amid Bitcoin ETF inflows. It features Quantum AI Consensus, staking rewards, and planned Q2 2026 exchange listings.
Coinbase Cuts 14% of Staff as AI Reshapes Fintech Operations
Coinbase laid off 14% of its workforce amid AI integration into fintech and crypto operations, signaling cost discipline challenges for platforms. This impacts Canadian innovators and tests efficiency in the sector.
Gen Z Shifts from Fintech to Blockchain for True Asset Ownership
Gen Z is questioning traditional banks and fintech, favoring blockchain for ownership and control over mere access to financial services. The trend highlights blockchain's appeal in redefining finance for younger generations.