Open Banking with TrueLayer: Bank Transfers for UK Users Available to Fund Users’ Coinbase Accts

Coinbase (NASDAQ:COIN) is rolling out Easy Bank Transfers, which are described as “a seamless and secure way for UK users to add money to their Coinbase account.” As part of Coinbase‘s mission to increase economic freedom in the world, they are “committed to finding ways… Read More

Share of Long-Term Investments on Robocash Increase Significantly, Company Claims

Since March of this year, the share of investments in long-term loans on the Robocash platform has “been increasing,” the company claims. Along with this, the investor earnings are also growing, the team at Robocash reveals in a blog post. Robo.cash added that for the… Read More

Ethereum Climate Platform Initiative to Address ETH Network’s Former PoW Carbon Emissions

Recently, at COP27, one of the world’s largest gatherings on climate action, a group of Web3 companies convened by ConsenSys and Allinfra, joined civil society leaders and the UNFCCC Climate Innovation Hub, “to announce the creation of the Ethereum Climate Platform (ECP).” Its mission is… Read More

Arkon Energy Raises $28M, Completes Hydrokraft Acquisition to Expand Bitcoin Mining

Arkon Energy, which claims to be a “100% renewable” data center infrastructure company, has announced the completion of a US $28M raise. The Australia-based company has also “completed the acquisition of Hydrokraft AS, a leading renewable energy-based data center in Norway.” The Hydrokraft purchase is… Read More

SunGod Raises £3 million on Crowdcube – in just 79 Minutes

SunGod, a performance sunglasses startup, has rocketed past its funding target almost immediately on Crowdcube.  SunGod reports that it took just 79 minutes to close the funding round. The securities offering went live on November 15th. The offering page indicates that SunGod raised almost £3… Read More

Senator Josh Hawley Sends letter to AG, SEC and CFTC Demanding Correspondence with Democrat Party Pertaining to FTX Failure

Senator Josh Hawley has sent a letter addressed to Attorney General Merrick Garland, Securities and Exchange Commission (SEC) Chairman Gary Gensler, and Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam, demanding all correspondence between the three federal entities and the Democrat party. Following the bankruptcy of FTX –… Read More

SEC Takes Administrative Action Against Wyoming based American CryptoFed DAO

The Securities and Exchange Commission (SEC) has commenced administrative proceedings against American CryptoFed DAO LLC. The company is based in Wyoming and was established under the state’s DAO law in July 2021. The Order, available here, outlines the interaction between American CryptoFed and the SEC…. Read More

Prosper Marketplace Secures $75M in Growth Capital

Prosper Marketplace, which claims to be the “first” peer-to-peer lending platform in the United States, announced the closing of a new $75 million financing “from a fund managed by Neuberger Berman.” This capital enables Prosper “to meet strong consumer demand for its personal loan, credit… Read More

An Update to Reg D, Including Definition of an Accredited Investor, is a Top Priority for the SEC: How Could This Impact Private Markets?

The Securities and Exchange Commission’s regulatory agenda during the current leadership has changed little since it was first revealed in 2021. One item that has been near the top of the list is Reg D “improvements,” including an update to the Accredited Investor definition. Regulation… Read More

Another Report Indicates that Global Venture Capital, Private Equity Deals Have Declined Versus Year Prior

The reports keep rolling in, highlighting a slowing environment for private firms. Venture capital, along with private equity activity, has been in decline for some time now – a fact that should come as no surprise to anyone. Giga high inflation and the inevitable reaction… Read More




Fintech Frollo Disables Screen-Scraping at More Banks in Support of Open Banking

Open Banking reportedly “powers 70% of new account connections” in the Frollo app. Frollo notes that they’re pleased to announce that they have “disabled screen-scraping for 20 more banks in [their] free money management app and instead will rely on Open Banking data for those… Read More

Digital Banking: Temenos Reaches Milestone of 850 Clients on its Virtual Bank Platform

Temenos (SIX: TEMN) announced that it has passed 850 customers with Temenos Infinity digital banking platform, successfully “delivering implementations across client tiers and multiple geographies.” A raft of banks have gone live with Temenos Infinity “from banks in Europe, Middle East and Africa such as… Read More

Crowdcube Announces B Corp Status, Should Help Support Sustainable Businesses

Crowdcube reveals that it has earned B Corp certification, solidifying the equity crowdfunding platform’s aim to developing a business making a net positive impact on the planet. The Fintech firm reportedly received a score of 87.2 out of 200 (the average score is around 50.9)…. Read More

Trading Technologies Expands Risk Management Offering

Trading Technologies International, Inc., a global provider of high-performance professional trading software, infrastructure and data solutions, and KRM22 plc (AIM: KRM), the technology and software investment company that focuses on risk management for capital markets, announced that it is “making the KRM22 Risk Manager available… Read More

Arion Bank, Lucinity to Combat Money Laundering

Arion Bank has announced it will implement Lucinity’s technology “to help strengthen its defenses against money laundering and contribute to a safer financial system.” Lucinity’s software solution “uses the latest artificial intelligence technology to detect money laundering and make it easier for financial companies to… Read More

FreedomPay Announces Integration with Castles Technology to Expand Commerce Offering

FreedomPay, the commerce technology partner of choice for global leaders across hospitality, retail, restaurants, and sports and entertainment, announced a partnership with Castles Technology, a manufacturer of payment hardware solutions. Chris Kronenthal, President of FreedomPay, said: “FreedomPay creates a world-class experience for consumers through optimized… Read More

Wells Fargo to Provide Flex Loan to Give Clients More Options

To help meet short-term cash needs, eligible customers now have another option with the newest product from Wells Fargo & Company (NYSE: WFC) – Flex Loan. Flex Loan is described as “a digital-only, small-dollar loan that will provide millions of eligible customers convenient and affordable… Read More

Data Analytics: OneMarketData Upgrades OneTick Tick Analytics Platform

OneMarketData LLC, a “high-performance” enterprise-wide solution for tick data, analytics, and visualization, announced significant upgrades to its flagship OneTick Tick Analytics platform “along with the launch of OneTick Academy.” The new offerings “enhance how clients can deploy tick analytics at scale to drive trading and… Read More

Bahrain: Spare, Eazy Financial Services to Introduce Open Banking Capabilities

Spare, an open banking platform licensed by the Central Bank of Bahrain, has announced its partnership with Eazy Financial Services, a Bahraini Payment Services Provider that is focused on “specializing in POS and online payment gateway acquiring solutions to embrace opportunities in Open Banking.” The… Read More

Abu Dhabi Crypto Hub, “Future of Finance Youth Circle” Launched

Holding its third day of sessions and panel discussions under the overarching theme of “Crypto Abu Dhabi”, Abu Dhabi Finance week witnessed the launch of Abu Dhabi Crypto Hub by Abu Dhabi Global Market (ADGM), the international financial centre (IFC) of the UAE’s capital. Given… Read More

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