OurCrowd Updates on Platform Performance: Two Exits Since the Beginning of 2021

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OurCrowd is one of the largest securities crowdfunding platforms in the world. Based in Israel, OurCrowd has been recognized by Pitchbook as the most active venture investor in the country with 24 different deals in 2020. OurCrowd provides a pathway for smaller investors to participate… Read More

London based Fintech Finastra Partners with Be | Shaping the Future to Offer Managed Services

Finastra, a financial services software and Cloud-enabled solutions provider, has decided to extend its partnership with Be | Shaping the Future, a global group offering consulting, IT and digital engagement services to the financial services sector. The partnership extension should see Be offering managed services… Read More

Machine Learning enabled Insig AI, which Serves Asset Managers, Lists on AIM London Stock Exchange

Insig AI, an AI and machine learning firm serving the asset management sector, has officially introduced its services (May 10, 2021), after the company’s listing on the AIM London Stock Exchange. Insig AI is a data science and machine learning (ML) solutions provider that offers… Read More

Private Securities Marketplace Forge Global Receives FINRA Approval to Operate as Single Broker Dealer

Forge Global, a multinational private securities marketplace, has revealed that it has acquired the Financial Industry Regulatory Authority’s (FINRA) approval to offer services as a single broker dealer with SharesPost after a merger last year. Forge Global has also finalized an oversubscribed investment round of… Read More

EML Payments Now Supports Fupay’s Cash Flow Management and Millennial Credit Product for European Markets

EML Payments Ltd (ASX: EML) (S&P/ASX 200) reports that it remains focused on its evolution as a diversified payments and digital banking enabler. EML supports Fupay’s cash flow management and Millennial credit product (based in Australia). EML has now decided to transition to the next… Read More

Fintech and Bank UX Report Released by Axxiome Business Unit ADiLA Research Studio

ADiLA Research Studio, the new business division of Axxiome (a global solutions provider for the financial services sector focusing on advisory in banking, complexity reduction and analytics), has published a second study on UX (user experience) when working with Fintech solution providers and with banks… Read More

First! Crypto Wallet Exodus Movement Becomes First Company to Raise $75 Million Under Updated Reg A+ Rules

Exodus Movement has hit the maximum amount allowable under Reg A+ raising $75 million from over 6800 individual investors in the issuance of 2.733 million “EXIT” shares, according to a note from the company. Exodus reported that it initially raised approximately $60 million in the… Read More

Digital Asset Firm Kraken Explains how to Securely Store Bitcoin, Ethereum, Other Cryptocurrencies

Digital asset firm Kraken recently published a report that explains how to safely and securely store your cryptocurrency holdings. Kraken notes in its report that if you’ve recently purchased some crypto-assets, then you might feel uneasy after hearing about the many horror stories of investors… Read More

Digital Pension Solution Penfold Raises Over £3 Million Through Equity Crowdfunding Campaign on Crowdcube

Penfold, a UK-based digital pension solution, has successfully secured more than £3 million through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise a minimum of £1 million, has attracted nearly 700 Crowdcube investors so far. Launched in 2019, Penfold stated its mission… Read More

MakerDAO and Aave Integrated DeFi Protocol Centrifuge’s Token Sale to Launch on CoinList

Digital asset platform CoinList recently announced the Centrfuge Token Sale. CoinList‘s management noted (on May 6, 2021) that they’re pleased to  confirm that the registrations for the Centrifuge sale on CoinList is now open. As noted by the CoinList team, the sale has two options… Read More

Federal Bank Joins Forces With Mashreq Bank to Offer Instant Money Transfers From UAE to India

  Federal Bank announced on Monday it has joined forces with UAE financial institution Mashreq Bank to facilitate money transfers from the UAE to India. According to Federal Bank, the partnership will support Mashreq’s payment product, QuickRemit. Federal Bank further revealed that the partnership will… Read More



Klarna Unveils Small Business Impact Initiative to Help SMEs to Recover From the COVID-19 Pandemic

      Payment processing and global retail banking platform Klarna announced on Monday it has launched a small business impact initiative to help small and medium-sized enterprises (SMEs) recover from the COVID-19 pandemic. Klarna reported it is donating $4.5 million in free services to SMEs… Read More

Czech P2P Lender Bondster Says Loan Volume Returns to Pre-COVID Levels

Peer-to-peer lender Bondster says that lending volume has returned to pre-COVID levels during the month of April, according to a note from the company. Bondster, a Czech Republic-based platform, says P2P loans saw a significant decline in interest during the last year’s outbreak of the… Read More

Revolut Supports COVID-19 Relief Efforts For India By Temporarily Waiving Fees On Cross-Border Remittance Payments

  Digital bank Revolut announced on Monday it is temporarily waiving fees on cross-border remittance payments made to India, following the country’s latest surge in COVID-19 cases. As of this weekend, India has more than 400,000 COVID-19 cases and 7-day average of deaths more than 3,700. … Read More

FinLync, a Corporate Treasury Fintech, Raises $16 Million

In a funding round led by Point72 Ventures, FinLync has raised $16 million in equity capital. FinLync is a corporate treasury Fintech that is seeking to challenge SAP’s multi-bank product. Other investors that participated in the funding round include Nyca Partners, former CFO of Palantir… Read More

Regtech ALT/AVE Uses Hedera Hashgraph to Target Paper Waste in Financial Services Industry

Regtech ALT/AVE is leveraging Hedera Hashgraph to target paper waste within the financial services industry. According to a note from the company, their new service docStribute has been launched to distribute mandatory, regulated documents to customers, offering an alternative to sending documents to customers via… Read More

Canada-Based Blockchain Data Provider Covalent Sells $10 Million Worth of Native Token “CQT” in a CoinList Sale

  Covalent, a Canada-based blockchain data provider, announced on Monday it has sold $10 million worth of native token CQT through a CoinList token sale. Founded in 2018, Covalent describes itself as a technology company that is solving the huge infrastructure problems inhibiting blockchain adoption. The company reported that its… Read More

Milestone: Africa-Based Crypto Exchange Quidax Processes More Than $3.2 Billion in Transactions

Quidax, an Africa-based cryptocurrency exchange, announced on Monday it has officially processed more than $3.2 million in transactions. Launched in 2018, Quidax reported that it is seeking to become home of BEP-20 is a token standard on Binance Smart Chain (BSC) that extends ERC-20, as well… Read More

Overfunding: UK AI-Powered Fintech Expend Quickly Surpasses £500,000 Target Through Seedrs Campaign

  Expend, a UK-based AI-powered fintech, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted more than 100 Seedrs investors. Founded in 2016, Expend claims it has steadily grown its customer… Read More

Hong Kong-Based Crypto Financial Service Provider Babel Finance Secures $40 Million Through Series A Funding Round Led By Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital, & Bertelsmann

  Babel Finance, a Hong Kong-based crypto financial service provider, announced on Monday it secured $40 million through its Series A funding round, which was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann, with participation from Tiger Global Management. Founded in 2018, Babel… Read More

Fideiussioni Digitali: Sureties on Blockchain Test Completed by SIA, Cattolica University and Reply

SIA, Cattolica University (CeTIF) and Reply have completed a test for surities, or “Fideiussioni digitali,” leveraging blockchain technology. The project included the participation of the Bank of Italy, the Institute for the Supervision of Insurance (IVASS) and the Italian Finance Police. The partners have announced… Read More

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