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Brazilian firm Méliuz seeks $26m raise to buy more Bitcoin

Méliuz, a publicly traded fintech in Brazil, has filed for approval to raise $26.4 million that it plans to use to buy more Bitcoin. According to a report by Reuters, the company is seeking regulatory approval for an offer of 17,006,803 common shares to raise 150 million reais, or approximately $26.4 million. If the application … Read more

Mercury’s CEO formalizes bets on early-stage founders with a $26M fund

Mercury co-founder and CEO Immad Akhund today announced the launch of a $26 million fund to back early-stage startups, a move that formalizes his extensive history of angel investing. Axios first reported in February. Akhund has been an active angel investor since 2016, backing over 350 startups at their earliest stages. His portfolio includes companies … Read more

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