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Budget 2022: A thumbs-up for Digital India

CFO News Room

The Indian technology sector saw several major announcements in the Union Budget 2022, with a few misses in the startup segment. Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry.

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Visa Invests In Crypto Storage Firm Anchorage

PYMNTS

In its second known investment in a cryptocurrency startup, Visa has reportedly invested millions in the crypto storage company Anchorage. The payments firm co-led the funding round along with digital currency-focused venture capital firm Blockchain Capital, Fortune reported.

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Bitcoin Daily: UnionBank Launches Bitcoin ATM; Coinbase Invests In Disappearing Blockchain Startup

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However, users will need to use a UBP bank account — and show a government-issued ID — to exchange funds to and from the virtual currency. A new startup from the co-founder of Simple Bank has launched an open beta. For now, only bitcoin is being offered.

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Bitcoin Daily: Gaming Currency Surges In Real Cash; Airline Allows Passengers To Pay In Crypto

PYMNTS

Decentraland , a startup founded in the heart of the cryptocurrency boom, has emerged as a somewhat unexpected financial success for participants. The startup is a virtual reality world where people have already spent their real money to purchase virtual plots of land and other property.

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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

PYMNTS

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. This funding round brings the company’s total capital investment to $260 million.

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Daily Data Dive: Investment Wrap Up

PYMNTS

From startups to blockchain and financial institutions, there has been a myriad of investing related news announced late this week. million | Amount of funding announced by food delivery startup JoyRun. $7 7 million | Series A funding for digital currency startup Ledger. subprime lender. . $7

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Bitcoin Daily: Andreessen Horowitz Launching Crypto Startup School; Malware Empties Crypto Wallets

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Andreessen Horowitz announced that it is launching its own crypto startup school “to encourage more tech entrepreneurs to start crypto projects and help crypto-curious builders navigate the idea maze.”. Chris Dixon, a general partner at Andreessen Horowitz , told The Block that the school will boast free tuition. “We