Wednesday, October 21, 2020

Federal district court approves the settlement between Kik and the SEC where Kik will pay a $5M fine to settle dispute over a 2017 token sale that raised ~$100M (Isabelle Kirkwood/BetaKit)

Isabelle Kirkwood / BetaKit:
Federal district court approves the settlement between Kik and the SEC where Kik will pay a $5M fine to settle dispute over a 2017 token sale that raised ~$100M  —  A court has approved the settlement between Kitchener-Waterloo messenger app Kik and the US Securities Exchange Commission (SEC), which was proposed earlier this week.



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New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners (FinSMEs)

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