May 8, 2021 @ 4:47 pm By Omar Faridi  |  

João Del Valle, Co-founder at Ebanx, is the new Chief Executive of the firm. After working as COO for several years, preceded by nearly seven years as company CTO, Del Valle has now taken over the executive leadership of the Fintech firm, which was being… Read More

May 8, 2021 @ 3:27 pm By Omar Faridi  |  

France-based Shift Technology, an SaaS provider of AI-enhanced decision automation and optimization solutions for the insurance sector, recently revealed that it has finalized a $220 million Series D funding round. Shift Technology‘s latest investment round brings total investment in the company to $320 million along… Read More

May 8, 2021 @ 2:04 pm By Omar Faridi  |  

Aventus Network, a layer-2 blockchain or distributed ledger tech (DLT) protocol that aims to provide scalability, speed and lower costs to Ethereum (ETH) transactions, has introduced its community governance platform, offering Aventus Token (AVT) holders with complete control over “major decisions” regarding the network and… Read More

May 8, 2021 @ 2:01 pm By Omar Faridi  |  

The team at Blockchain.com, a leading digital currency wallet provider, trading platform, and block explorer service, notes that as the crypto-asset space exceeds the $2 trillion market value level, many people might be wondering just how much longer and higher will these prices go in… Read More

May 7, 2021 @ 11:17 pm By Omar Faridi  |  

UK Finance (a trade association for the UK banking and financial services sector that represents around 300 firms in the UK providing credit, banking, markets and payment-related services), Which? (an organization that reviews products and services, so that you “make the best purchase decisions” for your… Read More

May 7, 2021 @ 11:03 pm By Samantha Hurst  |  

Hong Kong-based Crypto.com announced on Thursday it is now enabling Cosmos’ Inter-Blockchain Communication (IBC) functionality for cross-chain transfers. According to Crypto.com, According to the duo, this integration creates new capabilities for future cross-chain implementations of the Crypto.org Chain and other IBC-enabled chains.  “The integration allows for… Read More

May 7, 2021 @ 10:52 pm By Omar Faridi  |  

IOST has teamed up with Moonstake in order to support staking functionality for IOST coin on Moonstake wallets. Moonstake began offering services in the staking business in 2020 with the goal to develop the biggest staking network in Asia. Since that time, Moonstake claims it… Read More

May 7, 2021 @ 10:41 pm By Samantha Hurst  |  

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday the official full roll-out of the “Today” instant mobile employee payout solution in the U.S. The company revealed it has signed many restaurants, integrated with proprietary Point-of-Sale (POS) platforms,… Read More

May 7, 2021 @ 9:54 pm By Omar Faridi  |  

Bill.com, an established provider of Cloud-enabled software that aims to simplify, digitize, and automate routine back-office financial operations for SMEs, has reportedly entered into a definitive agreement to acquire expensive management Fintech Divvy. The acquisition deal will involve a stock and cash transaction of around… Read More

May 7, 2021 @ 8:51 pm By Omar Faridi  |  

Li Jun, Founder of Ontology, recently commented on how Self Sovereign Identity solutions will reshape or transform how we share data via the Internet. Jun notes that each time you get on the internet, you’re adding your digital identity and are also creating a “virtual… Read More

May 7, 2021 @ 4:46 pm By Omar Faridi  |  

The team at digital assets firm Kraken asks whether the current Bitcoin (BTC) rally could go straight up “forever.” Kraken points out in a recent report that for the first time since October 2020, we have seen a “brief pause” in the form of this… Read More

May 7, 2021 @ 4:44 pm By JD Alois  |  

Earlier today, the US Department of Labor Statistics issued data that indicated 266,000 jobs were added during the month of April. This fell far short of expectations as observers anticipated over a million new jobs. The unemployment rate ticked higher to 6.1%. The news undermined… Read More

May 7, 2021 @ 3:32 pm By Therese Torris  |  

European Fintechs Qonto and October revolutionize lending to small and very small businesses.  Qonto, a European finance management solution provider which has attracted more than 150,000 European companies looking to improve their day-to-day banking, and October, the No. 1 SME lending platform in Continental Europe… Read More

May 7, 2021 @ 3:00 pm By JD Alois  |  

Senator Elizabeth Warren, a prominent progressive and member of the Senate Banking Committee, doesn’t like Bitcoin it appears. According to a report in Yahoo, Senator Warren took umbrage at the amount of energy Bitcoin consumes in completing transactions. “I also think with bitcoin, and with… Read More

May 7, 2021 @ 2:02 pm By Samantha Hurst  |  

  Bitpanda, a Vienna-based digital investment platform, announced on Friday it secured an additional €10 million as an extension of its Series B investment round, which was announced last month. The investment round, which intentionally raised $170 million and increased the company’s valuation to $1.2bn as… Read More

May 7, 2021 @ 1:40 pm By Samantha Hurst  |  

    Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced earlier this week it has formed a new partnership with payments technology provider Tribe. According to Tink, the partnership will enable Tribe to combine its issuer and acquirer services, with… Read More

May 7, 2021 @ 1:20 pm By Samantha Hurst  |  

  Bakkt Holdings, LLC, a U.S.-based digital asset marketplace, announced on Thursday it has teamed up with Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software services company, to provide cashless experience for consumers to spend digital assets at retail devices. Bakkt reported that through… Read More

May 7, 2021 @ 12:34 pm By Omar Faridi  |  

F10 Switzerland has reportedly graduated its second acceleration batch during an online startup event with several well-known attendees from the investor and corporate sector. F10 Switzerland is now accepting applications for its third accelerator – which aims to support sustainable finance and various services for… Read More

May 7, 2021 @ 10:45 am By JD Alois  |  

When is a bank a bank? While this is a great debate for regulators and existential philosophers, for most people it simply has to do with holding money securely and using it when you want. For years now, Fintechs that have provided bank-like services have… Read More