Top News In Fintech And Beyond For May 11, 2022

👉 Top Things To Know In TradeFi:

• Robinhood offers a 1% interest rate HOOD
• FTX eyes initiative for underbanked FTT/USD
• Visa lead joins DriveWealth as CEO V
• KuCoin bags $150M in a new round KCS/USD

👉 Top Things To Know In Fintech:

• Paper adding $9.3M in fresh capital
• Current announces API tech launch
• Northern Trust, Enfusion teamed up NTRS
• Meld helping fintechs w/ tech stacks
• Republic plans a $700M crypto fund
• Talos taps $105M in Series B round
• Paddle adds $200M in new funding
• Sovos, KPMG announce an alliance
• A16z led a $25M seed for Co:Create
• Luna Foundation seeks $1B for UST
• UK-based Tumelo adds $19M round
• NYDIG, Jack Henry team on bitcoin BTC/USD
• BMO launches an equities algo suite
• US Bank, LiquidX are partnering up USB
• CoinDCX launches venture initiative
• Visa curating pool of BNPL partners V
• JPMorgan started buy-side platform JPM
• Jamaica to intro a CBDC in summer
• BondLink & InspereX are teaming up
• Yapily is planning to purchase finAPI
• Wirex crypto app enthusiasm grows
• WizeHire lands $30M funding round

👉 Interesting Reads:

• Stablecoin peg loss. What to know 
• Citi to overhaul London trade team C
• Levine: Stablecoins, memes, ESG
• Wall Street tries to catch up w/rout