October 30, 2022 @ 10:49 pm By Omar Faridi  |  

ConsenSys, a blockchain technology company, announced the launch of MetaMask Grants DAO. This employee-led, fully-funded Decentralized Autonomous Organization (DAO) structure issues grants “to developers outside of ConsenSys, who are building impactful experiences within the MetaMask ecosystem.” It is “open to any meaningful project that adds… Read More

October 30, 2022 @ 9:55 pm By Omar Faridi  |  

Fun, a blockchain software development company building applications that leverage dynamic and decentralized wallet (dWallet) technology, announced it “raised $3.9M in a pre-seed funding round led by JAM Fund, and joined by SOMA Capital, NOMO Ventures, and Great Oaks Venture Capital, as well as prominent… Read More

October 30, 2022 @ 8:40 pm By Omar Faridi  |  

Figure Technologies, Inc. and Hamilton Lane (NASDAQ: HLNE) are preparing to launch three new share classes of Hamilton Lane’s private markets-focused fund registered under the Investment Company Act of 1940 that “digitize the fund share ownership record on the Provenance Blockchain using Figure’s Digital Fund… Read More

October 30, 2022 @ 8:21 pm By JD Alois  |  

While Africa is frequently overlooked in regard to tech development, Fintech is one sector that has boomed in the continent. A recent report distributed by Mastercard highlights the growth of innovation in financial services in the region, calling it a “funding powerhouse.” The report notes… Read More

October 30, 2022 @ 6:39 pm By Omar Faridi  |  

Onward, the financial platform for co-parents, announced it has raised $9.7 million in Series A funding “led by TTV Capital with participation from Lerer Hippeau, Citi Ventures, Correlation Ventures, and Gingerbread Capital.” The investment round “comes on the heels of significant growth for the company,… Read More

October 30, 2022 @ 5:07 pm By Omar Faridi  |  

Martian, a web3 wallet, announced it has closed on a $3 million pre-seed funding round “led by Race Capital, with participation from FTX Ventures, Superscrypt, Jump Capital and Aptos.” Martian intends to use the proceeds “to accelerate its hiring process and develop new wallet features… Read More

October 30, 2022 @ 4:04 pm By Omar Faridi  |  

As the financiers of two-thirds of the European economy, banks “bear an important responsibility to propose real solutions to mitigate climate change.” This partnership between Swedbank and eAgronom with regard to issuing sustainability-linked loans and leasing will have “a significant impact, as agriculture is one… Read More

October 30, 2022 @ 2:53 pm By Omar Faridi  |  

AXA XL Insurance has launched an Underwriting Innovation Office in the Americas to drive innovation “in support of business initiatives, appointing Rose Hall, currently Head of Construction Innovation, as Head of Innovation, Americas to lead activities.” According to AXA XL’s Americas CEO Joe Tocco: “Innovating… Read More

October 30, 2022 @ 2:07 pm By Omar Faridi  |  

Aunalytics, a data management and analytics company delivering managed IT and data platform services for mid-sized and enterprise businesses, “highlighted top security priorities to follow when reinforcing defensive security strategies against malicious cyber threats.” The guidance is “provided as Cybersecurity Awareness Month comes to a… Read More

October 30, 2022 @ 1:37 pm By Omar Faridi  |  

The Office of the Comptroller of the Currency recently announced it will “establish an Office of Financial Technology early next year to bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape.” The Office of Financial Technology will “build on and… Read More

October 30, 2022 @ 12:50 pm By Omar Faridi  |  

BitOasis, the cryptocurrency platform for the Middle East & North Africa (MENA) and Mastercard (NYSE: MA), have partnered “to launch a series of crypto card programs in the region that will facilitate day to day usage of cryptocurrencies at points of sale and across ecommerce platforms.”… Read More

October 30, 2022 @ 12:18 pm By Omar Faridi  |  

Stripe recently announced its general availability in Thailand, where its financial infrastructure platform will “help solve the complex payments issues facing Thai businesses.” Tee Chayakul, Thailand country director at Stripe, said: “Thailand’s digital economy is one of the fastest growing in Southeast Asia. However, moving… Read More

October 29, 2022 @ 3:13 pm By Omar Faridi  |  

Sumsub, a global tech company providing customizable KYC, KYB, KYT, and AML solutions, announced the launch of Workflow Builder, a feature enabling businesses “to create user verification workflows tailored to specific triggers and risk scenarios.” This new offering will “allow companies to automate onboarding decision-making… Read More

October 29, 2022 @ 2:58 pm By Omar Faridi  |  

Pi, a fraud risk management (FRM) platform founded by Paytm Labs designed to address high-volume applications for fintechs using machine learning (ML), has published a new report on “the impact of fraud on consumer confidence.” The research report, titled “Fraud vs. Friction: How the need… Read More

October 29, 2022 @ 12:23 pm By Omar Faridi  |  

Ramp, the finance automation platform and corporate card designed to help businesses spend less, announced international capabilities “for bill payments, short-term bill financing, and employee reimbursement products.” Businesses on Ramp can now “consolidate their international and domestic spend, pay international vendors, and reimburse international employees… Read More

October 29, 2022 @ 11:28 am By Omar Faridi  |  

With inflation hovering at a 40-year high, “managing day to day cash flow has become the primary reason for small business applications for finance,” according to iwoca’s latest SME Expert Index. The survey of brokers has “revealed that managing cash flow is the most common… Read More

October 29, 2022 @ 11:26 am By Omar Faridi  |  

European investment platform Lightyear has rolled out voting alongside in-app communication, “giving shareholders and publicly traded companies a seamless way to engage with each other.” This feature is “a first for many countries around Europe, where this level of ownership and transparency is lacking for… Read More

October 29, 2022 @ 10:27 am By Omar Faridi  |  

Wyre is offering builders on the SKALE Network an array of plug-and-play tools “to utilize a variety of crypto and payments solutions.” The Wyre team is pleased “to announce [their] integration with the modular, multi-chain, Ethereum native network that also offers zero gas fees…… SKALE… Read More

October 28, 2022 @ 8:13 pm By Omar Faridi  |  

InComm Payments, a global payments technology company, announced it has acquired The Card Network (TCN), an Australian-based gift card provider “known for its suite of creatively themed, multi-brand gift cards.” The acquisition “enhances InComm Payments’ ability to create personable gift card products that consumers seek,… Read More

October 28, 2022 @ 5:40 pm By Omar Faridi  |  

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced that it is partnering with FNZ, a global wealth platform, to create “a fully digital, integrated wealth management experience for the U.S. market.” The integration of Envestnet’s and FNZ‘s… Read More