August 12, 2020 @ 6:18 pm By Omar Faridi  |  

Decentralized or non-custodial crypto exchange (DEX) aggregator 1inch.exchange has reportedly secured $2.8 million in capital via an external investment round that was led by Binance Labs. FTX, Galaxy Digital, Dragonfly Capital, and several other investors also took part in the 1inch’s round. Loi Luu, the… Read More

August 12, 2020 @ 5:06 pm By Omar Faridi  |  

San Francisco based crypto exchange Coinbase recently revealed how batching payments has benefited its customers, and also helped improve its internal operations. In March 2020, Coinbase announced that it had introduced Bitcoin (BTC) transaction batching. The exchange claims: “Since launching, we have batched 100% of… Read More

August 12, 2020 @ 4:36 pm By Omar Faridi  |  

Routable, a Fintech firm that began operations in Seattle, has reportedly come out of stealth mode and confirmed it has secured $12 million in capital through a Series A investment round. Routable’s backers include Y Combinator, Founders’ Co-Op, Lee Fixel, Box Group, Liquid 2 Ventures,… Read More

August 12, 2020 @ 4:16 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has quietly turned off its stock popularity data feature. The feature allowed anyone to see which companies’ shares were surging in popularity by the masses of traders. Robinhood has been credited,… Read More

August 12, 2020 @ 3:58 pm By Samantha Hurst  |  

Bagboard, a UK-based PaaS/Adtech platform, has successfully secured its initial £600,000 funding target through its equity crowdfunding campaign on Seedrs. Founded in 2016, Bagboard describes itself as a new, revolutionary advertising platform that’s looking to make shopping sustainably a whole lot easier and affordable. The… Read More

August 12, 2020 @ 2:57 pm By Samantha Hurst  |  

Routable, a U.S.-based fintech startup, announced on Wednesday it raised $12 million through its Series A funding round, which involved participation from Founders Co-op, Y Combinator, Box Group, and Liquid 2 Ventures. Founded in 2017, Routable claims to be the simplest way to send and receive business-to-business… Read More

August 12, 2020 @ 1:51 pm By JD Alois  |  

In just a few months, Overstock (NASDAQ:OSTK) has gone from a not so hot stock to red hot and the company is taking advantage of its newfound popularity. This past week, Overstock announced a share sale priced at $84.50/share. Overstock will be offering 2.1 million… Read More

August 12, 2020 @ 1:38 pm By Samantha Hurst  |  

U.S. digital lending solutions provider Blend announced on Wednesday it secured $75 million through its Series F funding round, which was led by fintech-focused venture capital firm Canapi Ventures with participation from Temasek, General Atlantic, 8VC, Greylock, and Emergence. Founded in 2012, Blend states it… Read More

August 12, 2020 @ 1:23 pm By JD Alois  |  

This past May, Crowdfund Insider reported on pending legislation (AB 2150) in the state of California that may have addressed the treatment of digital assets and when they would not be considered a security. In the ensuing months, the legislation has changed – and rather… Read More

August 12, 2020 @ 12:59 pm By Samantha Hurst  |  

PGIM Investments, the retail distribution arm of PGIM, Inc., announced on Wednesday it has formed a new partnership with iCapital Network, a fintech providing access to alternative investments. Through the collaboration, iCapital will provide a customized technology solution to augment PGIM Investments’ distribution and servicing… Read More

August 12, 2020 @ 12:16 pm By JD Alois  |  

YieldStreet, an accredited crowdfunding platform offering access to alternative securities offerings including real estate-based securities. Typically, YieldStreet looks to list short term investment opportunities, that are uncorrelated with traditional markets, that generate income for individual investors. YieldStreet may list securities tied to art, legal or… Read More

August 12, 2020 @ 11:50 am By JD Alois  |  

THIS, a plant-based meat replacement company, has claimed title to the fastest ever securities offering raising £1.5 million on Seedrs. As well, TRHIS is the fastest ever FMCG business to hit its target that was pegged at £2 million. THIS had revealed the forthcoming securities… Read More

August 12, 2020 @ 11:26 am By Samantha Hurst  |  

Mastercard announced on Wednesday the expansion of its Accelerate fintech portfolio by adding entrepreneurs to its startup engagement program Start Path and more technology partners to its Engage network. The additions are to provide access to expert engineers and specialists that may help customers deploy new services… Read More

August 12, 2020 @ 11:22 am By Omar Faridi  |  

London-based Fintech firm Vitesse, which enables real-time cross-border payments, revealed on August 11, 2020 that it has secured £6.6 million in capital through a Series A investment  round. The firm’s funding round was led by Octopus Ventures. Existing shareholders Hoxton Ventures and several other angel… Read More

August 12, 2020 @ 11:15 am By Omar Faridi  |  

Telos, one of the most active blockchain networks in terms of transactions per second (according to Blocktivity, but not necessarily the best or only metric for assessing performance), has revealed that social network APPICS will be moving its platform from Steem to Telos. As mentioned… Read More

August 12, 2020 @ 10:12 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it has launched its new Access Account Marketplace. According to Assetz Capital, the marketplace allows investors to apply a discount when buying and selling Access Account loan holdings. “Access Account investors can now choose whether to… Read More

August 12, 2020 @ 10:01 am By Samantha Hurst  |  

UK banking group NatWest recently announced it is bringing Apple Pay to its Business credit card customers. NatWest reported that the option will provide a safer, more secure, and private way to pay, as well as helping customers avoid handing their payment card to someone… Read More

August 12, 2020 @ 9:16 am By Omar Faridi  |  

The COVID-19 outbreak has led to major changes in how businesses are now operating, globally. UK-based TSB Bank is reportedly planning to phase out 929 cashier roles which are supporting its physical branch network. The bank said it’s making the changes due to COVID, which… Read More

August 12, 2020 @ 9:13 am By Omar Faridi  |  

Fintech unicorn and stealth bank TransferWise revealed on August 11, 2020 that it has teamed up with FreeAgent, a UK-based accounting software firm. Through the partnership, both companies aim to offer improved accuracy and more convenience for SMBs when they reconcile their TransferWise multi-currency business… Read More