The company, which services banks and other financial institutions, is planning to hire between 30 and 50 engineers to help expand further into the United Arab Emirates. The company is expected to keep earnings flat in 2021, but is anticipating a “significant increase” by next year after it rolls out new products this year.
Estimated reading time: 0 minutes, 24 seconds
Securrency Planning New Products, UAE Expansion After Funding Round
Digital infrastructure company Securrency has raised $30 million in a recent funding round and has now hit a $110 million valuation. So reports Reuters.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-