October 10, 2024 @ 11:22 am By Omar Faridi  |  

Littio, a Colombian neobank focused on addressing the currency devaluation problem for Latin Americans through various dollar-based product offerings, is now using OpenTrade‘s real-world asset (RWA)-backed yield vaults, via the Avalanche network. Via OpenTrade, Littio reportedly provides clients “yield-bearing” savings Pots with returns that are… Read More

October 10, 2024 @ 10:12 am By Omar Faridi  |  

Elliptic, the enabler of sophisticated blockchain analytics and digital asset risk management, has announced the launch of its regional headquarters in the United Arab Emirates (UAE), marking a key milestone in its international expansion efforts. Elliptic is pleased to welcome Zahi Yaari as its new… Read More

October 10, 2024 @ 9:52 am By Michael Wong  |  

American artificial intelligence (AI) company OpenAI announced its expansion into Singapore, confirming plans to open a regional office later this year. This move underscores Singapore’s prominent role in technology and AI, as well as the increasing demand for advanced AI tools across the Asia Pacific… Read More

October 10, 2024 @ 9:00 am By Nick Morgan  |  

“… broadening the accredited investor pool could help minority founders who may not have wealthy networks but could benefit from smaller investments from a more extensive base of contributors.” In a recent episode of Capital Ideas, hosts Nick Morgan and Dara Albright welcomed Jasmin Sethi,… Read More

October 10, 2024 @ 8:56 am By Michael Wong  |  

Lendbuzz, an AI-powered Fintech company that enhances consumer access to credit for vehicle purchases, has completed a $262 million securitization, identified as LBZZ 2024-3. The transaction is collateralized by a pool of auto loans made to consumers, secured by new and used automobiles, light-duty trucks,… Read More

October 10, 2024 @ 8:54 am By Omar Faridi  |  

European investment platform Estagteguru has shared their latest loan portfolio overview for the month of August 2024. In August of this year, Estateguru revealed in a blog post that they have reportedly witnessed “continued growth” as well as more overall stability in their loan origination… Read More

October 9, 2024 @ 1:20 pm By JD Alois  |  

Real estate investment platform Groundfloor is now offering a “next evolution” in fractionalized real estate offerings. Groundfloor’s launch of its Flywheel Portfolio aims to support diversification into different real estate properties by enabling investors to invest in “hundreds” of loans – down to as little… Read More

October 9, 2024 @ 12:34 pm By Tony Zerucha  |  

This week, Gnosis, architects of the fully EVM-compatible Layer-1 Gnosis Chain, announced the launch of a rewards program it believes will benefit GNO holders, accelerate the mainstream adoption of crypto payments, and generate further stakeholder engagement on the network. Following the recent approval of GIP-110… Read More

October 9, 2024 @ 12:27 pm By Omar Faridi  |  

Research from global cloud-based small business platform Xero reveals a notable gap in financial literacy among U.S. small business owners. Despite 55% of small business owners rating their financial literacy as ‘high’, half (50%) actively face fiscal challenges in their business due to a lack… Read More

October 9, 2024 @ 12:18 pm By Omar Faridi  |  

BIGG Digital Assets Inc, a firm focused on the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, announced that Netcoins USA has signed a partnership agreement with APX Lending, which is said to be a “crypto-backed” lending platform, to provide crypto-backed… Read More

October 9, 2024 @ 9:22 am By JD Alois  |  

LendingClub (NYSE: LC) and Pagaya (NASDAQ: PGY) have announced the purchase of the assets of Tally Technologies. Tally, a Fintech that sought to support consumers in managing their credit card debt, shut down operations last August. The former CEO said at the time that they… Read More

October 9, 2024 @ 9:00 am By Omar Faridi  |  

Crypto.com has filed suit against the Securities and Exchange Commission (SEC). The legal move follows the receipt of a Wells Notice, which indicates that SEC staff are recommending an enforcement action against the firm. Multiple crypto focused firms have been sued or are in receipt… Read More

October 9, 2024 @ 8:50 am By Omar Faridi  |  

Business activity rose in all but one of the UK’s 12 nations and regions last month, following broad-based growth in the month prior, according to the latest NatWest Regional Growth Tracker. As noted in a blog post by NatWest, the Business Activity Index is said… Read More

October 9, 2024 @ 8:42 am By Omar Faridi  |  

Assetera and Archax have launched a partnership to enhance the distribution of tokenized real- world assets across the EU/EEA. This collaboration enables access to digital assets, which is said to include Funds and Structured Products, listed on Archax, facilitating primary sales and secondary market trading… Read More

October 9, 2024 @ 8:34 am By Omar Faridi  |  

UK’s digital bank Monzo has injected €4m in capital into its new Irish division. The update comes just several months following Monzo’s CEO,  TS Anil, stating that the Fintech firm was in the process of establishing its EU offices in Ireland. At the time of… Read More

October 8, 2024 @ 9:23 pm By Omar Faridi  |  

JCB Co., Ltd., Japan’s international payments provider, announced that it enabled Google Pay for its clients. Android(TM) smartphone users are able to now easily use Google Pay in stores where JCB Contactless is accepted, by adding credit/debit cards issued by the JCB Group in Japan… Read More

October 8, 2024 @ 7:17 pm By Omar Faridi  |  

XYB, the Coreless Banking Platform business, has announced its plans to help banks enhance their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services firms with addressing the increasing requirements for core modernization… Read More

October 8, 2024 @ 3:34 pm By Omar Faridi  |  

Experian Consumer Services announcing a partnership with Oakbrook, a non-bank consumer lender, to offer debt consolidation loans on the Experian Marketplace by reportedly using Paylink’s ReFi tech. This recently announced collaboration is said to mark a significant milestone in improving financial inclusion and unlocking access… Read More

October 8, 2024 @ 11:28 am By Omar Faridi  |  

21.co, the parent company of 21Shares – one of the issuers of crypto exchange traded products (ETPs), and Crypto.com, announced that they have recently entered into a strategic partnership. With this partnership, 21.co Wrapped Bitcoin (21BTC) will source Bitcoin (BTC) liquidity from Crypto.com, leveraging the… Read More