February 26, 2024 @ 2:09 pm By Omar Faridi  |  

Finzly, a payments systems for financial institutions, has announced that Quaint Oak Bank has selected it to modernize its payments infrastructure, providing a superior user experience and enabling them to grow their international and embedded banking businesses. Quaint Oak is an established financial institution “with… Read More

February 26, 2024 @ 12:40 pm By JD Alois  |  

Cross River says it has launched its “investment banking strategy,” describing the initiative as a significant milestone in the company’s history. The company said it will now assist its clients in achieving their goals by advising them on decisions like mergers and acquisitions, capital markets… Read More

February 26, 2024 @ 11:59 am By JD Alois  |  

Anchorage Digital, home to a federally chartered digital asset bank, says its institutional self-custody digital wallet Porto is now fully available for users. The company has described this as their biggest news since it received its bank charter in 2021. Anchorage states that their customers… Read More

February 26, 2024 @ 11:52 am By Omar Faridi  |  

Balance, Canada’s digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC). Balance’s CEO, George Bordianu said: “Our focus since day one has been to build a world-class custodian for companies working with digital assets…. Read More

February 26, 2024 @ 11:50 am By Omar Faridi  |  

OVERDARE, Inc., a joint venture backed by gaming/metaverse industry participants KRAFTON, Inc. and NAVER Z Corporation, announced a partnership with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s “largest regulated” US dollar-backed stablecoin. This collaboration is set to… Read More

February 26, 2024 @ 11:43 am By JD Alois  |  

The CfPA (Crowdfunding Professional Association ) Board of Directors has distributed a note on the adoption of its recommendations regarding best practices. According to the CfPA, the Board is now recommending that members use the term “Regulated Investment Crowdfunding.” President of CfPA Brian Christie issued… Read More

February 26, 2024 @ 11:30 am By JD Alois  |  

The US Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC), has scheduled its next meeting to take place on March 7th. One of four advisory committees, the IAC aims to provide the Commission with advice, and recommendations from the perspective of the investor. Created… Read More

February 26, 2024 @ 11:23 am By Tony Zerucha  |  

Buildstock, a B2B marketplace and Fintech platform for construction materials, this week secured $1.6M in pre-seed funding from Precursor, MGV, XFactor, RefashionD and angels, including Osuke Honda (DCM), Nihal Mehta (Eniac), Shruti Gandhi (Array Ventures), Tom Peterson (Rally Ventures), Yun-Fang Juan, and Mark G (m]x[v… Read More

February 26, 2024 @ 11:18 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF),  Cambridge SupTech Lab, has shared a survey on the adoption of Suptech or Supervisory Technology, showing an increase in initiatives.  CCAF and the Lab are both part of the Cambridge Judge Business School. CCAF is the leading global… Read More

February 26, 2024 @ 10:33 am By Tony Zerucha  |  

Zoniqx (formerly known as Tassets) a provider of digital asset management services, this week announced its partnership with Ripple, an enterprise blockchain and crypto solutions firm. This collaboration harnesses the scalable infrastructure of the XRP Ledger (XRPL) and integrates it with Zoniqx’s Tokenization Platform as a Service (TPaaS) and Tokenization Life… Read More

February 26, 2024 @ 8:29 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform of choice for leading companies, and Billie, the B2B payments innovator, join forces to let Adyen’s customers enable B2B Buy Now, Pay Later (BNPL) payments services. By partnering up with Billie, Adyen reportedly “helps merchants and their business customers… Read More

February 26, 2024 @ 8:03 am By Tony Zerucha  |  

Klarna, a global payments provider and shopping assistant, is reporting that 96% of BNPL purchases made during the 2023 Black Friday weekend in the United States were paid on time or early. Notably, 30% of American purchases were paid off early, ahead of their due… Read More

February 26, 2024 @ 8:00 am By Omar Faridi  |  

Property finance provider CrowdProperty has appointed a new Head of Intermediaries as it sets its sights on doubling its broker network. The online investment platform allows smaller investors to participate in the property finance marketplace. Steve Smith joined the company earlier this month (February), “bringing… Read More

February 26, 2024 @ 7:56 am By Omar Faridi  |  

The Texas Blockchain Council (TBC) alongside one of its members, Riot Platforms, initiated legal proceedings against the U.S. Department of Energy’s Energy Information Administration (EIA), challenging “an alleged unprecedented and illegal data collection demand against the bitcoin mining industry.” This legal action underscores the TBC’s… Read More

February 26, 2024 @ 7:52 am By Omar Faridi  |  

Ebury, one of the largest fintech companies specializing in transactions for SMEs, announced its partnership expansion with Nium, the enabler of real-time global payments, to deliver a groundbreaking global remittance service in Brazil. The announcement follows regulatory “approval of Ebury’s acquisition of Brazilian fintech Bexs,… Read More

February 26, 2024 @ 5:21 am By Omar Faridi  |  

Jumio, a provider of end-to-end identity verification and compliance solutions, has announced the addition of Igor Beckerman as Chief Financial Officer. Beckerman has three decades of finance leadership experience, most notably “as leading customer success platform Gainsight’s first-ever CFO, and at Marketo, where he served… Read More

February 25, 2024 @ 11:19 pm By Michael Wong  |  

FinTech Wales, an independent membership association of the fintech and financial services industry in Wales, has announced the appointment of Sarah Kocianski as its new Chief Executive Officer. Kocianski, a seasoned strategist in the Fintech and Insurtech sectors, brings over a decade of experience working… Read More

February 25, 2024 @ 10:21 pm By Omar Faridi  |  

Molo says it is pleased to announce the launch of Expat buy-to-let mortgages which are said to be specifically tailored for British Nationals residing abroad. Expat fixed-rate mortgages are reportedly “available from 4.99% up to 70% loan-to-value (LTV) and 5.24% up to 80% LTV.” As… Read More

February 25, 2024 @ 9:17 pm By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure that prioritizes sustainability, has announced the appointment of Jason Tucker-Feltham as the company’s new Head of Sales. Tucker-Feltham is said to be “an experienced crypto sales, business development and capital introduction professional.” Prior to joining Zumo, he had reportedly… Read More

February 25, 2024 @ 7:24 pm By Omar Faridi  |  

Bluevine, the one-stop digital banking platform specifically designed for small businesses, today released its inaugural Business Owner Success Survey (BOSS) Report, “benchmarking the data behind the actual decisions that US-based small business owners are making and informing their future decisions.” The data supports an “overarching… Read More