April 14, 2021 @ 3:21 pm By JD Alois  |  

In a floor vote yesterday, the US Senate approved the selection of Gary Gensler as the next Chairman of the Securities and Exchange Commission. The current SEC Commissioners joined in welcoming the new Chair stating: “A warm congratulations to Gary Gensler on his Senate confirmation… Read More

April 14, 2021 @ 2:42 pm By Samantha Hurst  |  

Stepladder, a UK-based fintech focused on first-time home-buying, is now seeking £125,000 through its equity crowdfunding campaign on Seedrs. Stepladder is on a mission to help first-time buyers raise money for their homes. “We are a dynamic, collaborative, diverse, and passionate team who are helping people achieve the… Read More

April 14, 2021 @ 1:05 pm By Samantha Hurst  |  

  CoinShares, a European digital asset investment firm, announced on Tuesday it has crossed the $5 billion in assets threshold on its two ETP platforms.  As previously reported, CoinShares claims to be Europe’s largest digital asset investment house, managing billions of assets on behalf of a global… Read More

April 14, 2021 @ 12:40 pm By Samantha Hurst  |  

Cryptocurrency payments platform BitPay announced on Wednesday it has collaborated with the Crypto Open Patent Alliance (COPA) to share open-source projects and use a shared patent library. According to BitPay, COPA was founded by Square and believes open access to patents and freedom from threats on… Read More

April 14, 2021 @ 11:44 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Wednesday it has joined forces with financial health startup SeedFi. Cross River reported it will be powering SeedFi’s new Credit Builder and Borrow & Grow plans through its… Read More

April 14, 2021 @ 10:40 am By Samantha Hurst  |  

    Fundbox, a B2B payments and credit network developed to enhance B2B commerce at scale, announced on Wednesday it has appointed William Corey to its Board of Directors. According to Fundbox, Corey has over 37 years of experience in public accounting.  He served as… Read More

April 14, 2021 @ 10:02 am By JD Alois  |  

Manuel Silva Martinez, General Partner of Mouro Capital (formerly Santander InnoVentures), has distributed a note on Bitcoin and the environmental impact of the world’s most popular crypto. Martinez is criticizing BTC just as it rockets to new all time highs – currently trading at around… Read More

April 14, 2021 @ 9:49 am By Samantha Hurst  |  

  ConsenSys announced on Tuesday it raised $65 million through its latest investment round. The blockchain company reported that J.P. Morgan, Mastercard, and UBS invested alongside blockchain companies, including Protocol Labs, the Maker Foundation, Fenbushi, The LAO, and Alameda Research. Additional investors include CMT Digital, Greater… Read More

April 14, 2021 @ 8:28 am By JD Alois  |  

Goldman Sachs (NYSE:GS) released Q1 earnings results this morning and the prominent investment bank delivered a beat on both top and bottom line. According to the release, Goldman’s revenue came in at $17.7 billion with net earnings at $6.84 billion or EPS of $18.6 during… Read More

April 14, 2021 @ 8:14 am By Samantha Hurst  |  

  Camino Financial, a U.S.-based fintech that is seeking to provide affordable credit and financial products for underserved small businesses, announced on Wednesday it has teamed up with Lendio to provide small business funding to underserved communities, specifically for Black and Latinx communities.  Founded in 2014,… Read More

April 14, 2021 @ 7:36 am By JD Alois  |  

SEC Commissioner Hester Peirce has posted an update to her Token Safe Habor proposal. Back in February 2020, Commissioner Peirce revealed her proposal in an effort to create a regulatory environment that supported Fintech innovation while acknowledging the unique characteristics of digital assets. Since the… Read More

April 14, 2021 @ 7:11 am By Omar Faridi  |  

Switzerland-based banking solution provider CREALOGIX has reportedy hired Jordi Perez to serve as its Regional Managing Director. Perez is expected to take on the responsibility for CREALOGIX’s business operations in Austria, Germany, and Switzerland. He will be overseeing operations in other Central European countries as… Read More

April 14, 2021 @ 7:06 am By Omar Faridi  |  

Cardlay has secured €8 million in capital from a venture fund that’s managed by former Mastercard executive Javier Perez, according to a release. As mentioned on its official website: “Cardlay is a world leading Fintech partner of commercial card services and payment infrastructure. We supply… Read More

April 13, 2021 @ 11:47 pm By JD Alois  |  

In a significant endorsement of the city, Goldman Sachs (NYSE:GS) has opened an office in Birmingham, UK – a community that has been promoting itself as an alternative to super pricey London. Goldman Sachs stated that Birmingham offers access to a deep talent pool, excellent… Read More

April 13, 2021 @ 11:42 pm By Omar Faridi  |  

The reserve bank in the United Arab Emirates (UAE) has issued a license to Al Maryah Community Bank in order to offer services in the Middle Eastern nation. Al Maryah is notably the very first all-digital bank to have been given approval to begin providing… Read More

April 13, 2021 @ 11:15 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the banking software firm, revealed on April 13, 2021, that BlueShore Financial, a boutique “full-service” financial institution, is “digitally transforming” its operations along with Temenos. As mentioned in a release, BlueShore is powered by Temenos Infinity, the omnichannel digital banking solution.  BlueShore… Read More

April 13, 2021 @ 10:38 pm By JD Alois  |  

Online lender SocietyOne has appointed Melanie Cochrane and Jamie McPhee as independent non-executive Directors. Cochrane is a former Senior Vice President at American Express, where she led the Merchant Services business for the Asia Pacific region and, prior to that, Corporate Payments. McPhee has extensive… Read More

April 13, 2021 @ 8:42 pm By Omar Faridi  |  

Arweave, which aims to offer a “novel” data storage blockchain protocol enabling “a permanent serverless web and creating truly permanent data storage for the first time,” has released its Q1 2021 Ecosystem Update, titled, NFTs, The Guardian, a new web wallet, new gateway (& much… Read More

April 13, 2021 @ 7:17 pm By Omar Faridi  |  

Austin-based The Zebra, a company that provides an insurance comparison solution, has secured $150 million in capital through its Series D round. The Zebra has reportedly achieved Unicorn status (valued at $1 billion or more) following its latest round. The Zebra’s latest investment round size… Read More

April 13, 2021 @ 6:40 pm By JD Alois  |  

Former CEO and co-founder of Polymath, Trevor Koverko, has been arrested in Toronto according to a report in the Toronto Sun. A well-known platform in the security token sector of blockchain, Polymath was an early entrant in the ongoing push to digitize securities. According to… Read More