June 21, 2021 @ 5:22 pm By JD Alois  |  

Brazil-based digital bank Nubank is said to be in the early stages of pursuing an initial public offering (IPO) in the US. Earlier this month, it was reported that Nubank had acquired $750 million in capital as part of two extensions of its latest Series… Read More

June 21, 2021 @ 2:47 pm By JD Alois  |  

Jennifer Peve, currently  Managing Director, Business Innovation at the Depository Trust & Clearing Corporation (DTCC), has been appointed as Head of Strategy and Business Development at DTCC. Peve has been leading the innovation charge at DTCC, an entity that processes over $2 quadrillion a year… Read More

June 21, 2021 @ 2:01 pm By JD Alois  |  

Victoria Cleland, Executive Director for Banking, Payments and Innovation at the Bank of England, addressed the Real Time Gross Settlement (RTGS) system and the Bank’s vision for the future of payments. Noting that a Central Bank Digital Currency (CBDC) may emerge at some point in… Read More

June 21, 2021 @ 1:31 pm By Omar Faridi  |  

Cryptocurrency mining specialist Zack Voell notes that this month, Bitcoin mempools have been “emptying more frequently than usual” during the last 6 months. According to Voell, this short-term trend of empty mempools follows BTC’s price drop down to around $30,000 through the end of May… Read More

June 21, 2021 @ 11:04 am By Omar Faridi  |  

Scottish Fintech firm Aveni has acquired a £1.1 million investment in order to establish an AI platform which is focused on supporting speech analytics for modern businesses. Aveni Detect reportedly uses the latest artificial intelligence and natural language processing (NLP) technologies in order to fully… Read More

June 21, 2021 @ 10:00 am By JD Alois  |  

Securitize, Inc., a digital securities ecosystem platform, has raised a solid $48 million in a funding round that was led by funds managed by Morgan Stanley Tactical Value and Blockchain Capital. Said to be oversubscribed, the Series B found saw the participation of both new… Read More

June 21, 2021 @ 9:26 am By Omar Faridi  |  

BBVA Switzerland has opened its Bitcoin trading service to all private banking customers. After six months of in-house testing with a certain group of users, BBVA Switzerland has decided to make its first digital asset trading and custody service accessible to all its private banking… Read More

June 21, 2021 @ 8:13 am By Omar Faridi  |  

The team at UK-based peer-to-peer lender Blend Network notes that many investors on their platform will know or are aware that they have a secondary market feature that lets lenders sell their loan parts “prior to the loan maturity.” The Blend Network team recently answered… Read More

June 21, 2021 @ 8:09 am By JD Alois  |  

Online investment platform Republic says it has hired the inventor of the hashtag, Chris Messina, to lead the charge for west coast business development. Republic is a multi-vertical online investment platform that offers securities crowdfunding for early-stage investments, real-estate, gaming, crypto, and more. Messina is… Read More

June 21, 2021 @ 7:54 am By Omar Faridi  |  

The team at Estateguru, an online lending platform that offers retail investors the ability to back loans secured by property, reveals that it financed €16.8M worth of loans last month. As mentioned in EstateGuru‘s loan portfolio overview report, the most active markets were Estonia and… Read More

June 21, 2021 @ 7:51 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, recently noted that the Bitcoin market is continuing its consolidation pattern. As mentioned in an update from BitOoda, $30,000 has “proved to be a support level for now.”… Read More

June 21, 2021 @ 4:00 am By JD Alois  |  

Glint Pay Services, a Fintech that is a regulated e-money firm and payments provider, says that savers don’t trust banks. According to Glint and an in-house survey of their users, 68% of savers no longer trust banks to protect their wealth and are searching for… Read More

June 20, 2021 @ 10:02 pm By Omar Faridi  |  

Earlier this week, Singapore-headquartered digital wealth management service provider Endowus confirmed that it had appointed Wei Mei Tan as its Chief Advisory Officer. In her role at Endowus, Wei Mei will be expected to lead strategic initiatives in order to accelerate the company’s ongoing growth… Read More

June 20, 2021 @ 9:08 pm By Omar Faridi  |  

Indonesia-based Brankas, an Open Banking services provider, recently revealed that it has managed to exceed 10 million monthly API calls with more than 80 network partners. The Brankas platform currently operates in over six different countries and has teamed up with over 30 financial institutions… Read More

June 20, 2021 @ 8:45 pm By Omar Faridi  |  

After acquiring $51 million in capital through a Series B round led by Accel, Banking-as-a-Service (BaaS) provider Unit has introduced a product that will allow firms to offer live bank accounts and issue payment cards within minutes. Better Tomorrow Ventures, Aleph, Flourish Ventures, and TLV… Read More

June 20, 2021 @ 8:28 pm By Omar Faridi  |  

Indonesia-based Finantier, an open finance API platform, has secured an undisclosed 7-figure sum through a seed round that was led by Global Founders Capital and East Ventures. Finantier’s latest investment round was oversubscribed. The capital was raised at a post-money valuation of over 20 times… Read More

June 20, 2021 @ 7:18 pm By Omar Faridi  |  

Singapore‘s United Overseas Bank (UOB), a multinational banking organization with branches mostly based in Southeast Asian countries, has reportedly used Marketnode’s digital asset issuance, depository and servicing platform to issue a new bond offering valued at SGD 600 million (appr. $446 million), with a final… Read More

June 20, 2021 @ 7:08 pm By Omar Faridi  |  

Berlin-headquartered deposit marketplace Raisin has officially launched its operations in the US by teaming up with its first partner bank. MapleMark Bank has reportedly become the first US-based banking institution to integrate Raisin’s Savings-as-a-Service software on its digital platform. By leveraging the technology, MapleMark customers… Read More

June 20, 2021 @ 6:31 pm By Omar Faridi  |  

OceanDAO, a distributed autonomous organization supporting the Ocean Protocol, reveals that the 7th round is now open for submissions. More than $200,000 is being offered for Data Science, Developer, and AI Research projects according to a release shared with Crowdfund Insider. During its first six… Read More