Short Takes: Coinbase $1.8B in Q1 revenue; Caribbean and China CBDC growing; SME insurer Next Insurance worth $4B; AI-powered receivables fintech HighRadius raises $300M
Hi Fintech Architects --
Welcome back to the subscribers-only letter! You are the best.
Here are the top ones hitting our radar:
Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B (link here)
JD Technology withdraws IPO application in Shanghai amid China’s fintech rule changes (link here)
Airtel Africa clinches $100 million investment from Mastercard (link here)
Eastern Caribbean Central Bank's DCash digital currency goes live (link here)
China's blockchain project BSN to integrate R3 Corda (link here)
Hong Kong and China test cross-border digital yuan, says PBoC official (link here)
NFT Investments bids to raise $25 million through listing on Aquis Exchange (link here)
Iowa House approves bill to legally recognize blockchain smart contracts (link here)
Next Insurance raises $250 Million; bringing valuation to $4 Billion & total funding secured to more than $880 Million (link here)
Cross-border payment platform dLocal secures $150 Million through latest investment round led by Alke…