– Indonesian social commerce startup Evermos raised $30m in Series B funding.
– The round was led by UOB Venture Management’s Asia Impact Investment Fund II and joined by IFC, MDI Ventures, Telkomsel Mitra Innovation and Future Shape, along with returning investors Jungle Ventures and Shunwei Capital.
– The funding will be used on hiring, enhancing Evermos’ recommendation engine and other AI-based tech, and entering new regions in Indonesia.
– The company says it currently has 100,000 active resellers in more than 500 Tier 2 and Tier 3 cities, mostly in Java. Its goal is to reach more than one million resellers throughout Indonesia over the next five years.

– Alpaca, a fintech startup, raised $50m in Series B funding.
– The round was led by Tribe Capital and joined by Spark Capital, Portage Ventures, Social Leverage, and Horizons Ventures.
– The company plans to secure 100 partners for its equities trading tech by the end of 2021.

– Flink, a Mexico City-based neobroker, raised $57m in Series B funding.
– The round was led by Lightspeed Venture Partners and joined by Accel, ALLVP, Clocktower and new investor Mantis VC.
– The startup has raised nearly $70m since its inception in 2017.

– Ondo Finance is a New York-based deFi protocol startup.
– The company has raised $4m in funding.
– The round was led by Pantera Capital with participation from Genesis, Digital Currency Group, CMS, CoinFund, Chapter One, Bixin, Divergence, Protoscale Capital, The LAO, Stani Kulechov, Josh Hannah, Richard Ma, Diogo Monica, and Christy Choi.
– The funds will be used to accelerate the adoption of DeFi among mainstream investors by enabling the granular exchange of risk.

– FalconX announced a $210m Series C financing round, valuing the company at $3.75bn.
– The round was led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with participation from Mirae Asset. Amex Ventures also increased its existing investment as part of this round.
– FalconX is a digital assets and cryptocurrency financial services company that provides institutions trading, credit, and clearing across major cryptocurrencies.
– FalconX will use the funding from the Series C round to expand its product lines, explore strategic acquisitions, and continue to hire great talent globally, including key executives with backgrounds at the convergence of traditional financial markets, digital assets and technology.
– FalconX was founded in 2016 by a team of ex-Goldman Sachs bankers and technologists.

– Mudrex, a crypto asset management platform based in Bengaluru, raised $2.5m in seed funding.
– The round was led by Nexus Venture Partners with participation from Village Global, Kunal Shah, Anand Chandrashekharan, and Anjali Bansal.
– The company intends to use the funds to scale the team and operations, acquire global regulatory compliances, and create innovative products.

– Robinhood, a stock trading platform, raised $363m funding.
– The pre-seed round was led by Breyer Capital, while 4DX Ventures, Golden Palm Investments, Future Africa, Seedstars, and Musha Ventures participated.
– Robinhood plans to use the funding to expand its product offerings and grow its team.

– Amber Group, a Hong Kong-based crypto trading and technology company, raised $100m in Series B funding at a $1b valuation.
– The round was led by China Renaissance Group, Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, A&T Capital, Sky9 Capital, DCM Ventures, Gobi Partners, as well as existing investors Pantera Capital, Coinbase Ventures, Blockchain.com, Bit Digital, Digital Finance Group, Fenbushi Capital, Math Wallet, SNZ Capital, Continue Capital, and Mr. Zhao Qingsun.
– The company intends to use the funds to continue to expand global operations and develop market solutions for crypto investors and companies.

– EnMass Energy from Durham NC develops a digital procurement and operations platform for global waste-to-energy supply chains.
– The company raised $2.15M in funding.
– The round was led by Blue Bear Capital, with participation from Looking Glass Capital, and Climate Cloud.
– The new investment will be aimed at launching an online marketplace for waste to energy procurement.

– Whatnot is a collectibles marketplace.
– The company raised $50m.
– The Series B round was led by Anu Hariharan of Y Combinator Continuity fund, and backed by Andreessen Horowitz, Animal Capital and a number of angels.
– The company plans to use the funding to expand its team and continue to build out its livestreaming platform.

– Commission-free trading app Stake raised $30m funding.
– The round was led by Tiger Global and partners of London-based DST Global.
– It brings the total funding to $40m.
– The company plans to expand into Europe.

– CoinSwitch Kuber, a cryptocurrency exchange, raised $25m in Series B funding.
– The round was led by Tiger Global and valued the startup at more than $500m.
– The startup has raised $41.5m to date.

– Bux, a startup from Amsterdam that lets people invest in shares and exchange-traded funds (ETFs) without paying commissions (its pricing is based on flat €1 fees for certain services, no fees for others), has picked up some investment of its own, an $80 million round that it will be using to grow its business.
– The funding is coming from Prosus Ventures and Tencent (in which Prosus, the tech division of Naspers, is a major investor), as well as ABN Amro Ventures, Citius, Optiver and Endeit Capital — all new investors — as well as previous backers HV Capital and Velocity Capital Fintech Ventures.
– Bux founder Nick Bortot is stepping away and Yorick Naeff, an early employee of the company who had been the COO, is taking over.

– StarStock from NYC is an online marketplace for sports fans and card hobbyists to buy, sell, and invest in their favorite athletes.
– The company raised $8m in Series A funding led by Andreessen Horowitz with participation from several angel investors including NBA all-star Trae Young, Twitch Co-founder Justin Kan, Chief Operating Officer of BetMGM, Ryan Spoon, and Ilkka Paananen, Co-founder of Supercell.
– StarStock intends to use the new funding to continue to expand operations and its business reach.

– Indonesian investment app Ajaib raised $65m in Series A extension.
– The extension was led by Ribbit Capital, the fintech investor that also led Robinhood’s $3.4 billion funding last month.
– Ajaib is Ribbit Capital’s first investment in Southeast Asia.
– The extension will be used to expand Ajaib’s product development and engineering capabilities.

– Blockchain.com, a cryptocurrency company, raised $300m funding.
– The round was led by DST Global, Lightspeed Venture Partners and VY Capital.
– Existing investors also participated.
– Following today’s funding round, the company has reached a post-money valuation of $5.2 billion.

– Vega, a startup that is building a decentralized protocol for creating and trading on derivatives markets, has raised $5m in funding.
– The round was led by Arrington Capital and Cumberland DRW co-led the round, which also included participation from Coinbase Ventures, ParaFi Capital, Signum Capital, CMT Digital, CMS Holdings, Three Commas and a slew of others.
– The new investment brings Vega’s total funding raised to more than $10m, according to Crunchbase data.
– Vega founder Barney Mannerings launched the Vega project in 2018 with the mission of giving anyone the ability to create and launch a derivatives market.

– Gatsby, a commission-free options and stock-trading app aimed at younger traders, raised $10m in Series A funding.
– The round was led by Techstars Ventures, Beta Bridge Capital, a network of “super angels” placed by ClearList and an oversubscribed SeedInvest campaign. Previous investors include Barclays Bank, SWS Venture Capital and Rosecliff Ventures.
– The company also hosts a social network that can be a source for trade ideas or a place for Gatsby traders to share on their wins (or commiserate their losses).

– FalconX from San Francisco provides a platform facilitating trading, credit, and clearing for institutions.
– Company raised $50m in Series C funding.
– The round was led by Tiger Global and B Capital Group joined by Coinbase Ventures, CMT Digital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures.
– The new investment will be used to scale its team and further expand its business lines to support new market growth.

– nextmarkets, the innovative and commission-free online broker, receives $30 million in a Series B financing round.
– The additional capital is intended to further accelerate the European expansion of the FinTech company, which was founded in Cologne in 2014, and to establish nextmarkets as the leading neobroker in Europe.
– In addition to Germany and Austria, six further countries – the United Kingdom, Portugal, the Netherlands, France, Spain and Italy – were launched at the end of 2020.
– The financing round closes out a successful 2020 financial year for nextmarkets, in which the company was able to multiply all KPIs such as the number of executed transactions, customer deposits, as well as the number of customers.

– Foxtrot Market received a $42m Series B investment round led by David Barber’s Almanac Insights and Monogram Capital Partners.
– The round was also backed by David Chang, Nicolas Jammet, and Walter Robb.
– Foxtrot Market plans to double its store count by the end of 2021.
– Foxtrot will also expand its line of private label packaged goods and gift offerings, and continue to invest in nationwide shipping.
– Foxtrot has made three new appointments to its executive team: Sumi Ghosh, COO; Scott Holloway, SVP, Delivery; and Caroline Barry, VP, Strategy.

– Mogo announced its investment in Coinsquare.
– The investment is part of a strategic partnership with Coinsquare, Canada’s leading digital asset trading platform.
– Mogo will acquire 19.99% ownership of Coinsquare for total consideration of approximately $56.4 million.
– Mogo will also have the right to acquire an additional 20% ownership interest in Coinsquare through purchases of shares from current shareholders and the exercise of warrants under certain conditions.
– The strategic investment builds on a multi-year relationship between the two companies.
– Coinsquare acts as the trading platform for MogoCrypto, a service Mogo launched in 2018 to allow its members an easy and convenient way to buy and sell bitcoin.

– Tickr, an app that allows U.K. consumers to make financial investments based on their impact on society and the environment, has secured £2.5m in funding lead by Ada Ventures, a VC which focuses on “impact” startups.
– The cash will be used for product development, expanding the user base, and eventually taking Tickr into other European countries from its current U.K. base.
– The core business model is £1 p/m per customer, plus 0.30% on assets above £3,000. Additional products, like carbon offsets, for example, are charged as a separate additional subscription depending on the tier selected.

– Robinhood is a Menlo Park, California-based provider of an online trading app.
– The company raised $3.4bn in funding.
– The round was led by Ribbit Capital with participation from existing investors including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA.
– The new investment will be used to continue to invest in customer growth and build and enhance products that give more people access to the financial system.