Yaacov Martin, CEO of The Jifiti Group, Comments on Competition Between Traditional Lenders and BNPL Providers After CFPB’s Ruling

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The Consumer Financial Protection Bureau (CFPB) recently took action to make sure that consumers can dispute charges and obtain refunds on BNPL products and services, making BNPL lenders follow similar rules as credit card companies. So, what does this mean for banks and Fintechs? As… Read More



Waltz Aims to Make it Easy for Foreigners to Invest in US Real Estate

Online real estate investment platform Waltz Inc. has launched to provide foreign investors with a way to invest in and purchase residential real estate in the US. The online investment platform is said to be available in the following statements: Alabama, Florida, Georgia, Maryland, Mississippi, North Carolina,… Read More

Airwallex Obtains Australian Financial Services License for Expansion into Retail Investment Products

Airwallex, the Australia-founded financial platform for modern businesses, has reportedly become the first major payments company to be granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investment Commission (ASIC) to offer businesses access to retail investment products. This is an additional… Read More

DeFi Adoption: Exodus Wallet Users Provided New Option to Earn on Stablecoin USDC Deposits

Exodus and Syrup have revealed a new partnership. Users of the Exodus wallet can now access Syrup and “earn 18% net APY on USDC as well as ‘double Drips’ on their deposit, boosting SYRUP token rewards.” Exodus’ multi-chain desktop and mobile wallet “enables secure peer-to-peer… Read More

Digital Assets Exchange Bybit Integrates Fireblocks Off Exchange

Fireblocks Off Exchange enables businesses across the world to trade on centralized exchanges without introducing counterparty risk. Today, they’re sharing that Bybit is the newest exchange to integrate with Off Exchange. Bybit, a crypto exchange, joins Deribit, with further integrations to follow. These include BIT,… Read More

Netcapital Announces Launch of Beta Version for Secondary Trading Platform

Netcapital (Nasdaq: NCPL, NCPLW), a digital private capital markets enabler that operates a Funding Portal, has announced the launch of its beta version for a secondary trading platform to a closed group of users. Through a previously announced trading relationship with Templum Markets – a company… Read More

Chainalysis Operation Spincaster Aims to Prevent Billions in Losses to Crypto Scams

Approval phishing is an increasingly popular tactic used by criminals to steal funds through different scamming techniques such as fake crypto apps and romance scams (also known as pig butchering), according to an update from Chainalysis. With the approval phishing technique, the scammer tricks the… Read More

NPC Labs Raises $18 Million in Seed Funding

NPC Labs says it has raised $18 million in Seed funding led by Pantera Capital – a VC that is very active in the blockchain sector. To date, NPC Labs reports having raised $21 million which includes pre-seed dollars. Other investors in the round include… Read More

Reg A Issuer Armed Forces Brewing Company Places Invest Now Link on Beer

Armed Forces Brewing Company, a private firm looking to raise up to $5 million in a Reg A+ securities offering, is promoting the offering on its beer. The company has leveraged the securities exemption in the past to raise growth capital from its community. In… Read More

Mt. Gox Repayment Process Appears Controlled, Spread Across Crypto Exchanges, Reducing Likelihood of Significant Short-Term Market Disruption – Report

Matías Andrade and Tanay Ved have recently shared key takeaways from a Coin Metrics report which noted that Mt. Gox creditors are finally receiving repayments, “with approximately $9 billion worth of Bitcoin set for distribution in July.” As mentioned in the Coin Metrics report, the… Read More

Bitcoin Mining Hashrate Declined, Ethereum Added 120.8K ETH to its Supply, as Emissions Outpaced Burns in Q2 2024 – Report

After nearly breaching all-time highs in 2024 Q1, the total crypto market cap returned some of those gains in Q2, “dropping -14.4%, closing at $2.43 trillion in June,” the team at CoinGecko noted. 2024 Q2 brought Bitcoin’s long-anticipated fourth halving, which “went off without a… Read More

UK’s Bondsmith Teams Up with abrdn to Launch Fully Integrated Cash Savings Solution

Bondsmith, which says it is empowering clients to unlock the full potential of cash with innovative financial solutions via trusted partnerships,  announced that they have joined forces with abrdn in order to launch a fully integrated cash savings solution, providing their clients with even greater… Read More

British Business Bank Announces First Deal from the Midlands Engine Investment Fund II

Midlands Engine Investment Fund II has announced its first major equity deal. Aircraft robotics firm True Position Robotics has raised £1 million to support business expansion. The British Business Bank has announced the first deal from the Midlands Engine Investment Fund II “with a £1… Read More

European Online Investing Platform Bondora Reports €1 Billion Investment Milestone

Investment platform Bondora is reporting a key milestone. Bondora reveals that 1 billion Euros have been invested via their platform. This latest achievement has marked a significant point in Bondora’s journey since 2008, and it was made possible by their customers. In order to mark… Read More

DECTA, Cashflows Execs React to CHAPS Payment Systems Outages Impact

Executives from two Fintech companies believe this week’s system outages could hurt SMEs the most and highlight the need for additional resiliency in an increasingly connected world. The past seven days began with an outage at CHAPS. While it was temporary, it significantly affected European… Read More

AI-Powered Tax Firm April Adds Google Vet Raj Doshi as COO

april, an AI-powered tax-filing product built to be embedded with financial services providers, this week appointed Raj R. Doshi as its president and chief operating officer. Doshi brings more than 20 years of experience with organizations including Google, TaxAct and Avantax. Doshi’s focus will be… Read More

Fintech Ecosystem Report: Blockbuster Deals to Stripe and AlphaSense Buoy a Flat Quarter for Fintechs

Blockbuster deals to Stripe and AlphaSense buoy an otherwise flat quarter for the Fintech sector, according to an extensive update from CBInsights. On the surface, Q2’24 was a return “to growth for fintech, with funding increasing 19% quarter-over-quarter (QoQ) to $8.9B,” the CBInsights report revealed…. Read More

Clear Street Is Reportedly Set to Acquire Fox River Algorithmic Trading Division from Instinet

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, has entered into a definitive agreement to acquire Instinet’s Fox River algorithmic trading business. Fox River provides a comprehensive “suite of algorithmic execution solutions in US and Canadian equities.” These… Read More

Global Fintech FIS Introduces Digital Lending Solution for SMBs

FIS (NYSE: FIS), a global firm focused on financial technology, announced the launch of its new SMB Digital Lending solution. Created in partnership with Lendio, the nation’s small business financial solutions technology platform, the solution aims to “reduce the barriers to funding for small and… Read More

9Spokes Launches Cashflow Forecasting Product, Designed for Integration within Financial Platforms

9Spokes, a global data platform, announced the launch of its new Cashflow forecasting product, a tool designed for integration within the digital platforms of financial organizations. This offering provides small and medium-sized businesses (SMBs) with “automated, predictive cashflow management and forecasting capabilities.” A recent study… Read More

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