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Wise shares jump on upgraded forecasts

Shares in money transfer firm Wise jumped six percent in early morning trading as it posted preliminary figures ahead of its capital markets day event.

Google Ventures leads $18 million round in Climate X

Climate risk intelligence company Climate X has raised $18 million in a Series A investment round led by Google Ventures with support from by Pale blue dot, CommerzVentures, A/O, Blue Wire Capital, PT1, Unconventional Ventures and Western Technology Investment (WTI).

Canada shelves retail CBDC work

After years of research, the Bank of Canada says it is “scaling down” its work on a retail central bank digital currency.

Tumelo raises $19m

Tumelo, a UK startup that helps investment platforms and pension providers give investors insight into which firms their money is being put into, and a voice on issues such as board diversity and climate change, has raised $19 million.

Bitcoin ‘inventor’ ordered to pay $5bn

An Australian IT security consultant who claims to have invented the virtual currency bitcoin has been ordered by a US judge to hand over more than half of his bitcoin holdings, estimated to be in the region of $5bn, to the estate of his alleged former business partner.