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FinTech news in crypto trading category

ex-FTX CEO's new startup Architect raised seed round of $5M

The startup has raised capital in a pre-product financing round from Coinbase Ventures, Circle Ventures, SV Angel, SALT Fund, P2P, Third King Venture Capital and Motivate Venture Capital. Now, he has raised $5 million for his own startup, Architect, which aims to make trading infrastructure for large crypto investors. A startup like this could meet current market demand from big players for more unified and accessible platforms to connect their crypto services, instead of having a handful of tabs and servers open. The startup is launching pre-product, so its flagship service will have to be seamless and provide an easier user experience to trump other crypto services out there.

N26 and Bitpanda enable crypto integration for its mobile users

As N26 and Bitpanda have likely agreed to share revenue coming from N26 Crypto, the new feature should contribute to the company’s bottom line. Similarly, when you cash out with N26 Crypto, you will get EUR in your main N26 account — no need to transfer money back to your bank account. Challenger bank N26 is launching a new trading feature in its app — N26 Crypto. N26 is going to slowly roll out N26 Crypto across Europe.