Search Results for: Midas

April 25, 2024 @ 10:45 am By Michael Wong  |  

Wealthtech startup Midas, which specializes in democratizing retail investing, has secured $45 million in Series A funding to expand its financial services offerings. The funding round was led by Toronto-based venture capital firm Portage, known for its significant investments in the Fintech sector, including a… Read More

August 16, 2023 @ 8:30 am By Omar Faridi  |  

  We recently caught up with the former CEO of Midas Finance, who built a $300 million crypto-fund that has gone bankrupt with the CeFi market collapse and who claims he has taken all his lessons with him to revive growth back into DeFi with… Read More

March 28, 2025 @ 6:05 am By Omar Faridi  |  

Stable Sea, a stablecoin liquidity and orchestration company that facilitates stablecoin offramping to global markets, announced a $3.5 million funding round led by Kindred Ventures with participation from Ludlow Ventures, DFS Lab, The Venture Dept. and The Fintech Fund. The proceeds from the funding round… Read More

October 17, 2023 @ 4:45 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, brings Tap to Pay on iPhone to its Australian retailer customers. By partnering with NewStore for the launch, businesses “including R.M.Williams, Lorna Jane, and Munro Footwear Group, parent company to Mathers, Williams,… Read More

August 15, 2023 @ 12:56 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), which claims to be an industry leader in Bitcoin (BTC) mining and data center hosting, reported financial results for the three-month period ended June 30, 2023. The unaudited financial statements and accompanying presentation materials are available on Riot’s official website…. Read More

March 4, 2023 @ 11:32 am By Omar Faridi  |  

Starling Bank has chosen Barings’ Landmark in Manchester to house its new office in the North. The digital bank intends “to create up to 1,000 new jobs for the region to fulfil roles across the company, including in operations, engineering, data science and cybersecurity.” The… Read More

September 4, 2022 @ 11:35 am By Omar Faridi  |  

Insurtech Fairmatic “destealths” a unique offering that pioneers an unconventional approach to fleet insurance — “focused on enabling savings for safer fleets and improving road safety for all.” Fairmatic is led by a team “including former Allstate President Jamie Trish, as its President of Insurance,… Read More

August 14, 2022 @ 10:56 pm By Omar Faridi  |  

Maven 11 has introduced a Permissioned Pool with assistance from Maple Finance. The initial pool size will be $40 million in USDC with a decent risk-adjusted return to investors. Initial participants for the pool include Flow Traders, Wintermute and Auros. The pool may issue loans… Read More

May 20, 2022 @ 9:20 am By Omar Faridi  |  

London Stock Exchange Group (LSEG) recently announced that it has signed an agreement to acquire MayStreet, a market data solutions provider. Founded in 2012, MayStreet provides “high-quality” global low latency technology and market data to more than 65 industry participants, “including banks, asset managers and… Read More

May 19, 2022 @ 10:33 am By JD Alois  |  

The venture community is getting gloomy, chattering about deal volume, down rounds, and a dismal economy. From war in Ukraine, too much government spending, and rocketing inflation chased by the US Federal Reserve raising interest rates, things look bad. It does not help that markets… Read More

March 1, 2022 @ 9:00 am By Tony Zerucha  |  

Evmos, the port-of-entry from Ethereum to Cosmos, today announced its mainnet launch. Built using the Cosmos SDK, it serves as the primary IBC-compatible, EVM-based chain that brings composability, interoperability, and fast finality to cross-chain contracts. With its mainnet launch, developers will be able to build… Read More

December 1, 2021 @ 9:47 pm By Omar Faridi  |  

Malaysia-based business conglomerate Berjaya Corporation (BCorp) has revealed that it sold off 30% of its equity interest in Razer Fintech to Razer Midas for around $53.57 million (appr. RM 223.89 million). BCorp will reportedly be holding onto the remaining 19% stake in Razer Fintech. Before… Read More

August 31, 2021 @ 7:22 am By Omar Faridi  |  

Alpaca, a commission-free stock brokerage platform that provides APIs for Fintech-related apps to connect and trade in US stocks, reveals that it has finalized a $50 million Series B “on the heels” of driving 1500% YTD growth in brokerage accounts and “expanding partnerships” across Europe,… Read More

August 13, 2021 @ 3:25 pm By Omar Faridi  |  

TaxBit has raised $130 million in capital through a Series B round at a $1.33 billion valuation in order to “disrupt” legacy tax information reporting. Michell O’Conner, VP of Marketing at TaxBit, says her team is pleased to finalize the massive round that was led… Read More

April 21, 2021 @ 9:41 pm By Omar Faridi  |  

Clearbanc, a leading digital commerce investor and the company “revolutionizing the way founders grow their businesses,” revealed on Tuesday (April 20, 2021) that it will be rebranding. The company also announced a $100 million in new Series C equity funding to support its ongoing growth… Read More

November 30, 2020 @ 8:08 am By Omar Faridi  |  

  We recently connected with Luke Stokes, Managing Director for the Foundation for Interwallet Operability as well as the Interim Executive Director for the EOS Foundation, which is focused on supporting the development of EOS, a major platform for building decentralized applications (dApps). Stokes says… Read More

February 20, 2020 @ 8:59 am By Samantha Hurst  |  

KoreConX announced on Thursday the launch of its Regulation A+ all-in-one investment platform, which is providing companies with an all-in-one solution to manage their capital raise.  RegA+, which was notably introduced by the SEC in Title IV of the JOBS Act in 2015, outlines the… Read More

March 2, 2019 @ 7:42 pm By Cali Haan  |  

Owners of the Kraken cryptocurrency trading platform are offering a $100 ooo USD reward for information that may help recover $190 million USD in funds lost by the Canadian crypto platform QuadrigaCX. Quadriga CX fell apart in January following the untimely death of CEO Gerald… Read More

January 25, 2019 @ 9:58 am By JD Alois  |  

OTC Markets Group has published their annual OTCQX Best 50 list. The list is a ranking of top-performing OTCQX companies in the prior calendar year which include both domestic and international firms. OTC Markets is a popular marketplace with many global companies that are headquartered outside the… Read More

September 20, 2018 @ 11:00 pm By Michael Smolenski  |  

The advent of the internet has, without a doubt, forever changed the face of digital content, whether it’s movies, music, eBooks or games. Providing creators with a radical new way to instantly publish content and have it reach huge audiences globally is a vast improvement… Read More