Over his three decades as a tech entrepreneur, Cameron Chell has shown a knack for identifying transformative technologies early on and he believes he’s done it again. Chell is the executive director of CurrencyWorks, a developer of digital currencies and related systems, and co-head of… Read More
Melio, a B2B payments platform for SMEs, reveals that it has acquired an additional $250 million in capital, which has now tripled the firm’s valuation to around $4 billion since January of this year. The funds acquired should help with supporting the firm’s business expansion… Read More
Fintech solutions provider Broctagon Fintech Group this week launched WorldBook, which it describes as a global crypto movement focused on solving key liquidity issues plaguing the industry. WorldBook is an STP (straight-through processing) network with an aggregated liquidity pool. It aims to introduce a universal… Read More
Obeah Bridge, otherwise known as ODApp, a decentralized application bridge connecting PKT and Binance Smart Chain, this week announced that public trading of wPKT, the wrapped version of PKT Cash, is now live on PancakeSwap. ODApp converts PKT Cash ($PKT) into wPKT, a new Binance… Read More
New York Community Bancorp this week announced its banking subsidiary, New York Community Bank, successfully completed a new digital payment process through the creation of a blockchain-based digital marker. It allows Figure Technologies to conduct real-time secondary trading in digital shares of its stock utilizing… Read More
Cobo Custody, an Asian custodian service provider, and Cobo Wallet, a centralized crypto asset management and wallet platform, will be offering support for their institutional and retail customers to access Polygon ecosystems, the companies have announced. Cobo Wallet and Cobo Custody will fully support the… Read More
Allied Payment Network and Finastra this week announced that Allied Bitcoin Wallet, a new app will soon be launched on Finastra’s FusionStore. The service, created by Allied in partnership with NYDIG, will enable financial institutions to offer their customers and members the ability to buy,… Read More
JPMorgan Chase (NYSE: JPM) revealed many months ago its intent to launch a new digital bank in the UK. Today, there are reports the digital bank under the Chase brand will launch next week. In January of 2021, JPM said it wanted to provide UK… Read More
FlyCoin, a blockchain-based travel rewards program, has appointed Lenny Moon as its new chief executive officer. Moon will guide the company’s market launch, further its strategic vision, and execute its operational business plan. Already available to Ravn Alaska customers, FlyCoin will also launch on Northern… Read More
Decentralized finance platform Oasis.app has integrated with the 1inch Network, a decentralized exchange aggregator, to provide its users with the competitive rates and liquidity. This integration comes shortly after users were suffering from rising gas costs using Oasis Trade, as 1inch provides a cheaper, more efficient solution…. Read More
Polygon, an Ethereum scaling platform, recently MixMarvel, a blockchain game publishing platform and content community, has completed its integration with Polygon to enhance its immersive gaming experiences and provide play-to-earn opportunities. The two companies are also co-developing the most robust content platform in the NFT… Read More
Veriff, an international ID verification solution provider, reveals that it has joined the Visa Fintech Partner Connect program to offer Fintech companies and traditional issuers with an automated, AI-enhanced identity verification solution. By taking part in the program, Veriff will be providing a seamless identity… Read More
Lendio, the leading SME financial solutions marketplace, reveals that it has made an asset purchase of Laso’s Loan Origination Software (LOS) and insights technology, which should help further its goal of supporting SMBs. This should serve as the foundation for a customer-centric product offering for… Read More
In the final days of its security offering on Seedrs, GuestReady has cruised past €2.3 million in funding on a target of €1 million. Investors are receiving a convertible security that holds a 10% discount on a future round. To date, 873 investors have backed… Read More
Popular neo-bank Revolut has become WeWork’s first customer to pay for shared space in Bitcoin, according to a public statement. Revolut will pay for its Dallas space, its largest in the US, in BTC. Revolut will lease space for more than 300 employees at WeWork… Read More
MX and Mahalo Technologies have announced a new partnership. Through their partnership, the companies will aim to provide financial data solutions, insights and actionable tools to credit unions. They will also focus on supporting members to become financially independent. MX, which is the financial data… Read More
Draper Esprit (LSE:GROW), a publicly-traded venture capital firm, has distributed an update on investment activity. Key to its results is the exit opportunity from Cazoo, a firm that was recently listed on the NYSE generating $1 billion in proceeds. Cazoo’s current market cap is around… Read More
AI startup Upstage has raised $27 million in a Series A funding round led by SoftBank Ventures Asia and Company K Partners. Other investors include TBT Partners, Premier Partners, Stonebridge Ventures, and Primer Sazze Fund. Korea-based Upstage is a firm that develops technologies designed to… Read More
Polychain and Three Arrows Capital have led a $230 million investment in the Avalanche public blockchain ecosystem. They’ve been joined by R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital and several angel investors and family offices. The Avalanche Foundation will be using the funds from… Read More
Following a $51 million Series B funding round, open banking provider Yapily has announced its expansion into France. Yapily says it has already developed considerable capabilities in the French market. With 100% PSD2 connectivity, Yapily covers more than 85% of French bank accounts, enabling banks,… Read More
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