August 2, 2021 @ 11:12 am By Omar Faridi  |  

The developers at Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, have revealed that Ocean now makes multi-network “even easier.” The Ocean Protocol developers reported that they’ve simplified multi-network on Ocean… Read More

August 2, 2021 @ 11:07 am By JD Alois  |  

As has been previously reported, the spending bill that has been in the works for some time now is closer to become law. The ‘Infrastructure Investment and Jobs Act” lands at 2700 pages of government expenditure that aims to improve infrastructure like roads, airports, transportation… Read More

August 2, 2021 @ 10:18 am By JD Alois  |  

Digital asset management firm Arca has announced a new digital asset fund that aims to generate low double-digit returns, along with minimal volatility, for investors. The Arca Digital Yield Fund is said to be the first actively managed income fund in the digital assets sector…. Read More

August 2, 2021 @ 9:17 am By JD Alois  |  

Robinhood’s initial public offering (IPO) hit the Nasdaq last week with a bit of a thud. Shares were priced at $38 but have traded several dollars lower. As part of the public offering, Robinhood enabled a good chunk of its shares available to its customers…. Read More

August 2, 2021 @ 8:57 am By Omar Faridi  |  

Capital on Tap, a UK-headquartered Fintech firm, reveals that it has introduced its small business credit card in the US markets. There’s been a lot of demand for such products, the company claims. Since April 2021, there have been more than 28,000 businesses that have… Read More

August 2, 2021 @ 8:38 am By JD Alois  |  

Facevalue, a Netherlands-based factoring platform, has launched services across Europe for SMEs. Facevalue is a Dutch Fintech startup that offers working capital solutions and specializes in global accounts receivable and payable finance. Prior to the launch of its SME solution, Face value has been serving… Read More

August 2, 2021 @ 8:21 am By Omar Faridi  |  

The Big Exchange, which is an impact investing platform & a money management app, with a marketplace for fairer products coming, has secured ££283,916 of its £150,000 target from 242 investors through Crowdcube (at the time of writing). The Big Exchange team notes that they… Read More

August 2, 2021 @ 8:15 am By Omar Faridi  |  

Fintech giant Square (NYSE:SQ) will be acquiring Australia-based Buy Now, Pay Later or BNLP firm Afterpay for $29 billion. For payments Fintech Square, this deal should serve as a key opportunity to enter the fast-growing BNPL market that is now challenging the traditional merchant card-based… Read More

August 2, 2021 @ 8:11 am By Omar Faridi  |  

Infinity Maritime has announced a partnership with Lloyd’s Register in order to enhance maritime sustainability As noted in a release shared with CI: “Following on from the announcement of collaboration with … international ship brokers, Infinity Maritime reflects the maritime ecosystem by announcing its partnership… Read More

August 2, 2021 @ 8:05 am By Omar Faridi  |  

Fintech app Snoop has secured £15 million in capital in order to support its global expansion efforts. Established by ex- Virgin Money Chief Executive Jayne-Anne Gadhia, the smart money app Snoop closed its Series A round with contributions from US investment management company Paulson &… Read More

August 1, 2021 @ 11:48 pm By Omar Faridi  |  

WyzePay, a platform for firms to issue corporate currency to clients, increasing benefits for both sides, has secured £384,404 or 128% of its £300,001 target from 125 investors via Seedrs. Based in London, UK, WyzePay now has 24 days left until its offer ends. The… Read More

August 1, 2021 @ 9:42 pm By Omar Faridi  |  

Brett McLain, Director of Engineering – Crypto, Fiat, Staking at digital assets firm Kraken, notes that if you’re interested in digital currencies, payments, or staking and want to help create the financial system of the future, then you may be glad to know that the… Read More

August 1, 2021 @ 8:19 pm By JD Alois  |  

The US Senate worked on Sunday to come to terms on a infrastructure bill that could end up costing trillions of dollars. The super thin margin in the Senate means moderates on both sides of the aisle will play a key role in the decision… Read More

August 1, 2021 @ 7:04 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced its Q2 2021 results on July 28, 2021, for the period ended June 30, 2021. As noted in the announcement, the earnings release and related materials discussing these results may now be accessed at its investor relations website. PayPal… Read More

August 1, 2021 @ 5:41 pm By Omar Faridi  |  

Airwallex, a cross-border payments firm, recently revealed its plans to form a new venture capital fund that is set up by its founders. The Capital 49 fund will aim to make investments into early-stage, high-growth tech-enabled companies that will be supported by Airwallex’s infrastructure. The… Read More

August 1, 2021 @ 5:36 pm By Omar Faridi  |  

Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or qualified transactions of HKD 400 or more into more manageable, equal monthly… Read More

August 1, 2021 @ 12:57 pm By Omar Faridi  |  

Mambu, a software-as-a-service or SaaS Cloud banking platform, has introduced an all-digital solution for SME lenders that aims to lower overall costs while speeding up the time to market. The new platform will be offering both banks and Fintechs with robust, scalable loan management solutions… Read More

August 1, 2021 @ 11:48 am By Omar Faridi  |  

The Open Earth Foundation has reportedly been awarded a Chainlink Grant to develop am open-source, planetary CO2 concentration Oracle. As mentioned in the announcement, Climate impacts everyone, from multinational corporations overseeing complex supply chains to individual farmers “managing unpredictable crop yields.” While the totality of… Read More

August 1, 2021 @ 11:47 am By JD Alois  |  

StartEngine, a full-stack investment crowdfunding platform, is claiming the title as the top Reg CF / Reg A+ funding during Q2 in regards to the amount of capital raised for firms using these securities exemptions. In March of 2021, the Securities and Exchange Commission (SEC)… Read More