Monthly Archives: August 2022

Singapore-based cryptocurrency exchange Crypto.com enters South Korea via acquisitions 

Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink and virtual asset provider OK-BIT — for an undisclosed amount, Crypto.com said.  The company also said Monday it has secured registrations under South Korea’s electronic financial transaction act and as a virtual asset service provider. “We are committed to…

Geek+ raises another $100M for its warehouse robots

Two things are for certain: 1. There continues to be a lot of excitement around warehouse robotics and 2. Geek+ is extremely good at raising money based on that fact. The Beijing-based warehouse robotics firm just raised another $100 million in funding, labeled a “Series E1,” with participation from  Intel Capital, Vertex Growth and Qingyue Capital Investment….

Block slows investment, hiring after mixed Q2 but plays up growth initiatives

Block’s gross payment volume surged 23% YoY in Q2—but total net revenues dropped 6% YoY as a result of Bitcoin losses. Going into Q3, Block plans to double down on growth initiatives while keeping a pulse on macroeconomic conditions. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn…