March 27, 2023 @ 11:47 am By Omar Faridi  |  

Rakuten Group, Inc. recently announced that the Tokyo Stock Exchange approved the new listing of common shares of Rakuten Bank, Ltd., a consolidated subsidiary of the company, on the Tokyo Stock Exchange Prime Market. The listing date on the Tokyo Stock Exchange Prime Market is… Read More

March 27, 2023 @ 9:16 am By Omar Faridi  |  

Jens Plath, Adrian Plattner and Thomas Graf will join the Executive Board of TWINT from 1 April 2023. They will support TWINT in “positioning itself for future growth.” TWINT claims that it “continues to see robust growth and is reinforcing its future strategy.” As a… Read More

March 27, 2023 @ 9:13 am By Omar Faridi  |  

Having secured its digital wallet licence, Fintech firm Purpl’s new offering will “provide Lebanese citizens at home and abroad with seamless ways of transacting.” Purpl began its collaboration with Mambu in June 2022, and the implementation took six months. Customers can now easily “access stored… Read More

March 27, 2023 @ 9:11 am By Omar Faridi  |  

Finaro, the global cross-border payment provider and fully licensed bank, has announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neobank and POS provider, Northmill, and full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership… Read More

March 27, 2023 @ 9:10 am By Omar Faridi  |  

Obligate, a Zürich-based investment platform that enables companies to issue on-chain bonds and commercial paper to receive funding, recently “opened onboarding for issuers and investors.” Built on Polygon, the L2 blockchain for institutional finance, the platform “enables the management of corporate debt financing in a… Read More

March 27, 2023 @ 9:08 am By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for every new normal, announced that it recently “conducted a third close, an incremental $15 million, to its Series D round in Q4 2022.” The investment round contributions reportedly came “from Geodesic Capital, QED Investors, and additional investors,… Read More

March 26, 2023 @ 11:37 pm By Omar Faridi  |  

Sygnum, the digital asset bank, announces the opening of its Middle East hub in the Abu Dhabi Global Market international financial centre “to provide a portfolio of Swiss-regulated crypto banking services.” This move should further strengthen Sygnum’s global reach, “following Sygnum Singapore’s growth via corporate… Read More

March 26, 2023 @ 10:48 pm By Omar Faridi  |  

Yoko Spirig, co-founder and CEO of Ledgy, recently shared her views on Tech Nation’s latest report (and last before it closes next month) which looks at how the nation and industry can “turn the U.K. tech sector into a $4 trillion industry.” The report states… Read More

March 26, 2023 @ 10:18 pm By JD Alois  |  

The Blockchain Regulatory Certainty Act was introduced last week as a bipartisan act of legislation. The bill seeks to clarify and affirm that blockchain developers and service providers do not custody consumer funds, a realm that is currently opaque. This is the 4th time that… Read More

March 26, 2023 @ 9:56 pm By Omar Faridi  |  

Hi Marley, creators of the only insurance-focused collaboration platform powered by SMS, is pleased to announce its partnership with regional property and casualty insurance provider Arbella Insurance. Headquartered in Quincy, Massachusetts, Arbella says that it “attributes its 35 years of success to its focus on… Read More

March 26, 2023 @ 8:45 pm By Omar Faridi  |  

Juniper Square, the provider of partnership enablement for the private funds industry, released a report tracking shifts in commercial real estate (CRE) investments “by property type over the past decade, as well as trends in transaction volumes, acquisitions, fundraising and more.” The 2022 CRE Market… Read More

March 26, 2023 @ 5:38 pm By Omar Faridi  |  

Nation-state cyber threat actors are expected to acquire and flex new offensive cyber capabilities in “an increasingly polarized world,” warns cyber risk analytics specialist CyberCube. In a new report, CyberCube anticipates “there will be further attempts to compromise IT supply chains and geopolitical targets such… Read More

March 26, 2023 @ 3:56 pm By Omar Faridi  |  

The European Securities and Markets Authority (ESMA)’s Digital Ledger Technology (DLT) Pilot regime is applicable from March 23, 2023, according to an update shared with CI. The Pilot reportedly “allows some exemptions from the EU’s MiFIR and CSDR regimes, making it easier for market participants… Read More

March 26, 2023 @ 3:51 pm By Omar Faridi  |  

After months of litigation, Celsius recently revealed it has reached an agreement with the Custody Ad Hoc Group and the UCC on a Settlement that reportedly “returns most digital assets in the Custody Program to account holders who opt in to the Settlement.” Custody users… Read More

March 26, 2023 @ 2:02 pm By JD Alois  |  

OurCrowd, one of the largest digital marketplaces providing access to capital for private firms as well as investment opportunity for smaller investors, has signed a Memorandum of Understanding (MoU) with the government of Uruguay. Under the agreement, OurCrowd will partner with the Ministry of Industry,… Read More

March 26, 2023 @ 1:39 pm By Omar Faridi  |  

Solidatus, a data management solution that empowers organizations to connect and visualize their data relationships, and Corlytics, a supplier of regulatory risk intelligence that combines innovative technology with deep legal and industry expertise, have announced a new partnership. That partnership will “empower users who are… Read More

March 26, 2023 @ 1:34 pm By Omar Faridi  |  

Checkout.com, the global payments solutions provider, and Mastercard announced that they will make Mastercard Send available to more Checkout.com customers in the Asia Pacific region, starting in Australia and Hong Kong SAR later this year. The Send service – which “powers real-time payments1 for consumers, gig… Read More

March 26, 2023 @ 1:05 pm By Omar Faridi  |  

Fusion Bank, a virtual bank strategically invested in by Tencent Holdings Limited, announces the launch of Business Banking Services “to provide flexible and convenient Internet Banking services to local small and medium-sized enterprises (SMEs), empowering them to expand their businesses.” SMEs can now “submit Fusion… Read More

March 26, 2023 @ 12:55 pm By Omar Faridi  |  

Brightflag, the AI-powered legal operations platform, announced the findings from their 2023 Legal Operations Compensation Survey. The annual survey captures data “to help legal operations professionals, General Counsel, and HR leaders to better understand fair market compensation and trends for the legal operations function.” The… Read More

March 26, 2023 @ 7:27 am By Omar Faridi  |  

Pundi X is now registered with FINTRAC as the Money Service Business in Canada. This registration enables Pundi X “to conduct virtual currency and payment service provider businesses in the country, and marks an important milestone in the company’s expansion efforts.” Zac Cheah, CEO and… Read More