Breaking News
Babel Finance Now Valued at US$2 Billion With US$80 Million Fundraise
Babel Finance, a Hong Kong-based wholesale crypto financial services provider, announced that it has raised a US$80 million Series B financing round at a valuation of US$2 billion.
The main investors in this round include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly Capital and BAI Capital.
Other investors include Circle Ventures and a number of family offices in the Asia-Pacific region.
Babel Finance’s major businesses are crypto lending and trading, with a focus on serving institutional clients, including crypto-native institutions, traditional financial institutions such as banks and investment funds, as well as ultra-high-net-worth accredited investors and family offices.
Since the firm’s US$40 million Series A funding in May 2021, Babel Finance’s team has grown from around 50 people to over 170 currently.
The firm has opened a new office in Singapore and applied for relevant licenses in Hong Kong, Luxembourg, the United Kingdom, and other countries around the world.
“As the crypto financial industry becomes more institutionalized, our mission at Babel Finance is to explore and participate in the building of the fundamental financial order and rules for the industry. By doing so, we contribute to its long-term development as we ourselves grow.” said Del Wang, Co-founder and CEO of Babel Finance.
People In This Post
Companies In This Post
- Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments Read more
- Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility Read more
- ING’s AI Roadmap: Platform, People, and Agentic AI Read more
- UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year Read more
- TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales Read more
DailyPay Upsizes Secured Credit Facility to $960 Million
DailyPay announced the closing of a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million
Neobank Rizon Raises $2M Pre-seed Round as Global Demand for Dollar Banking Services Rises
Delaware-based neobank Rizon has raised a $2M pre-seed round as more people rely on global USD accounts for earnings, payments, and everyday spending. The investment comes from Market One Capital, a Polish venture capital firm focused on early-stage startups. The funding will be used to scale Rizon’s user base worldwide.
Day Air Credit Union Announces Strategic Partnership with InvestiFi to Streamline Digital Investing
Day Air Credit Union has partnered with InvestiFi, the provider of the leading InvestTech platform that enables Credit Union members to trade from deposit accounts. The platform will deliver guided digital investing solutions to the credit union's 54,000 members.
Brickflow Delivers Over £29m of Funding for in Record Two-week Period
Brickflow has recorded its strongest two-week performance to date in January, with £29.22m of completed lending supporting 157 residential and mixed-use units across the UK, underlining the platform’s growing role in delivering funding for housing and property projects.
Uptiq Raises $25 Million Series B to Scale Industry-Ready AI Solutions and Launch Qore for Builders
Uptiq, the AI platform purpose-built for financial services, today announced it has raised $25 million in Series B funding from a group of leading strategic and financial investors across banking, fintech, and enterprise software. The round was led by Curql, with participation from Silverton Partners, 645 Ventures, Broadridge, Green Visor Capital, Live Oak Ventures, First Capital, Epic Ventures, Tau Ventures, and Evolution VC.
Bracket Secures $7m to Scale Treasury Intelligence Platform
Bracket, a leading FX, treasury and cash management platform for mid-market businesses, has raised $7 million in Seed funding. The round was led by Macquarie Group’s Commodities and Global Markets business and Blackfinch Ventures, with participation from existing investor Failup Ventures.
Tembo Raises £16m to Help More First-Time Buyers Get Onto the Property Ladder
Tembo, the award-winning digital savings and mortgage platform, has raised £16 million in growth investment to help tackle the homeownership affordability crisis
Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments
Bluefin, the global leader in payment and data security infrastructure and PCI-validated point-to-point encryption (P2PE), today announced a strategic partnership with Basis Theory, a modern, API-driven tokenization and vaulting platform. Together, the companies enable enterprises to implement a unified token strategy across in-store, call center, online, and backend payment environments without expanding PCI scope or introducing new integration complexity.
Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility
Invest Bank today announced the successful outcomes of its strategic partnership with AUTON8, a global leader in intelligent automation. The collaboration marks a milestone in strengthening regulatory resilience, operational efficiency, and customer-centric agility across both core and digital banking landscapes.
ING’s AI Roadmap: Platform, People, and Agentic AI
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year
PayCaptain, the world’s first B Corp-certified payroll solution, reports a landmark year of growth, with a 73% increase in new customers for 2025 and an average of 70% YoY revenue growth in the last two years. As the cost-of-living crisis deepens, PayCaptain has provided financial agility for 55,000 employees across 260 forward-thinking brands including TGI Fridays, Dishoom, Roadchef, NEOM, Charlie Bigham’s and Monica Vinader dedicated to combining efficient payroll with tools to support the financial health of staff.
TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales
TreviPay, a fully managed B2B payments platform, today announced the availability of the Growth Center, a set of capabilities within the TreviPay Client Portal to help identify buyer growth opportunities more strategically and build stronger, longer-lasting supplier relationships. With its advanced features, the new Growth Center enables businesses to explore buyer needs, spot trends and optimize key steps in the order-to-cash (O2C) process. Integrated into TreviPay’s global payments network, the customizable add-ons will help businesses use their O2C programs to deepen buyer relationships and drive lasting engagement.
AYU Alternative Investment Network Launches Direct Capital Matching Service
AYU, the global private members' community for family offices and alternative investment funds, is launching AYU Capital, a matching service connecting funds and founders with verified family office investors.
Chubb Appoints Scott Henck Global Chief Actuary
Chubb announced that Scott Henck, Executive Vice President and Chief Actuary, North America, has been appointed Senior Vice President, Chubb Group and Chief Actuary