Insurtech: Getsafe Looks to Conquer Europe with Digital Alternative to Traditional Insurance

Top Story

Getsafe is an emerging Insurtech based in Germany with international aspirations. This past December, Getsafe announced a $30 million funding round led by Swiss Re – bringing the company to $53 million in total funding. It was recently reported that Getsafe is looking to raise… Read More

Dubai Fintech Mamo Secures $8M via Pre-Series A Round, Will Expand Operations into UAE, Saudi Arabia

Dubai-headquartered Fintech firm Mamo has reportedly secured $8 million through a pre-Series A funding round. Mamo offers a digital wallet and payments platform and has previously raised $1.5 million in order to launch a peer to peer payments app. As mentioned in a release shared… Read More

Mike Cagney from Figure Technologies Says their Blockchain Enabled Provenance Platform can Open Up Universe of Security Tokens

Figure Securities, a division of the digital lending service provider Figure Technologies, has reportedly acquired approval from the US Securities and Exchange Commission (SEC) to serve as a broker-dealer and also operate as an SEC-registered Alternative Trading System for digital securities that are custodied on… Read More

Asian Merchant Commerce Platform Pine Labs Acquires Additional Funding, Now Valued at $3B

Mastercard-backed Pine Labs, an Indian merchant commerce service provider, has finalized the first close of $285 million in funding at a $3 billion valuation. Pine Labs provides payment terminals, invoicing tools, and working capital to over 150,000 merchants in the Middle East and other regions… Read More

Digital Asset Exchange Kraken to Support Rarible (RARI), Aavegotchi (GHST), and Polygon (MATIC)

Digital asset firm Kraken notes in a blog post that Ethereum (ETH) remains a “driving force” behind cryptocurrency innovation. The team at Kraken points out that during the past year, Ethereum has played host to an “explosion” in digital art and “created a multi-billion dollar… Read More

FDIC Chair Jelena McWilliams Calls on US Regulators to Support Financial Innovation including Digital Assets

The Federal Deposit Insurance Corp. (FDIC), which is one of two agencies that offers deposit insurance to depositors in US depository institutions (the other being the National Credit Union Administration, which regulates and insures credit unions based in the US), will reportedly be asking for details… Read More

UAE-Based BaaS Provider Nymcard Joins Visa’s Fintech Fast Track Program

NymCard, a Banking-as-a-Software (BaaS) fintech based in the UAE, announced on Monday it has joined Visa’s Fintech Fast Track program. NymCard reported it has also previously completed the Visa Ready “Issuer Processor” program that ensures the fintech’s commitment to delivering tech solutions that meet Visa’s industry-leading… Read More

Mogo Set to Acquire Canadian Broker-Dealer Fortification Capital

    Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it is set to acquire Fortification Capital Inc., a Canadian registered investment dealer. According to Mogo, the acquisition will bring order execution only (OEO) registration capabilities, which… Read More

Alchemy Partners with Flinks on Account Verification for Banks and Fintechs

Alchemy Technologies has announced a new partnership with Flinks that enables clients to quickly verify their customer’s financial accounts and transaction history, while incorporating data analytics to assess risk, income, fraud, and more. Flinks is said to be fully integrated with Alchemy to provide banks… Read More

US Federal Regulators Add Time to Comment Period on AI and Financial Services

As was reported last March, five federal regulatory agencies joined in a consultation pertaining to the usage of artificial intelligence (AI) and machine learning (ML) within financial institutions. The Federal Reserve Board, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), and… Read More

Wells Fargo Unveils Banking Inclusion Initiative; Seeks to Accelerate Access of Affordable Transactional Accounts For Unbanked Households

  Wells Fargo (NYSE: WFC) announced on Monday the launch of its Banking Inclusion Initiative, which is described as a 10-year commitment to help unbanked individuals gain access to affordable, mainstream, digitally-enabled transactional accounts. According to Wells Fargo, the initiative will focus on reaching unbanked communities and,… Read More



Gemini’s Credit Card Waitlist Now Has 250,000 Signups

    US-based digital assets firm Gemini announced on Monday the waitlist of its highly anticipated crypto credit card has officially reached 250,000 signups. As previously reported, Gemini revealed it has teamed up with Mastercard as the exclusive card network to offer various features for the upcoming… Read More

Overfunding: Eastern Europe P2P Lending Platform Fagura Quickly Surpasses €200,000 Funding Target Through Seedrs Investment Round

Fagura, an Eastern Europe peer-to-peer (P2P) lending platform, has quickly secured its initial €200,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted nearly 175 Seedrs investors so far. Founded in 2018, Figure states it is a… Read More

Bitcoin Mining Expert Explains why Generating “Clean” BTC Blocks Can Be Extremely Challenging

Zack Voell, a cryptocurrency mining specialist, writes in a blog post published by Compass that block 682,170 was the first “clean” block that was mined by public mining firm Marathon’s new pool. Voell writes in a detailed post from Compass, a “Bitcoin-first” company that aims… Read More

Samsung Now Allows Blockchain Users to Manage & Trade Virtual Assets From Third-Party Wallets on Galaxy Smartphones

  Samsung Electronics recently announced blockchain users may now manage and trade virtual assets from third-party wallets on the Samsung Galaxy smartphones. According to Samsung, the new update makes it easier for blockchain users to access and process transactions by importing virtual assets stored on… Read More

Temenos Announces Integration of Swiss Digital Asset & Blockchain Infrastructure Fintech Taurus With Core Banking Software Temenos Transact

      Temenos (SIX: TEMN), the banking software company, announced on Monday the integration of Taurus SA (“Taurus”), the Swiss digital asset and blockchain infrastructure fintech, with Temenos Transact, a next-generation core banking software. Temenos reported it collaborated with Taurus to deliver “simplified” access… Read More

Germany: Invesdor Claims New Standard in Digital Securities Offering with Foodtech NEOH

Invesdor has announced a new securities offering for shares in Foodtech NEOH while simultaneously stating they are “setting new standards in digital financing in Germany.” In 2019, the Nordic equity crowdfunding operation Invesdor Oy merged with German SME finance specialist Finnest. Invesdor is now pursuing… Read More

EstateGuru Raises €1.4 million in Just Days on Seedrs

EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, has closed its securities offering on Seedrs having raised €1,393,817 from 938 investors in just nine days on Seedrs – closing ahead of schedule. As was previously reported,… Read More

Wolfram Blockchain Integrates with Filecoin and IPFS in Pursuit of Decentralized Storage

Wolfram Blockchain Labs (WBL) and its distributed ledger technology have integrated with Filecoin and IPFS in seeking a decentralized storage solution. WBL provides distributed ledger technology ecosystems with the tools for the development of smart contract-based applications. WBL is the DLT-focused subsidiary of Wolfram Research,… Read More

BNPL Fintech Graviti Founder Explains how his Firm Helps Unbanked Mexico Residents Make Flexible Payments on Basic Appliances

Yusef Jacobs, the 28-year-old Founder and Chief Executive at Graviti, aims to transform microfinance by allowing consumers to gain access to essential appliances. Jacobs believes that people who might not have a lot of funds will still pay for items they really need. Jacobs has… Read More

Send this to a friend