OurCrowd CEO Reflects on Global Venture Market: 2021 was Record Year, 2022 Has Been Flat

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Recently global investment platform OurCrowd announced that it had topped $2 billion in capital commitments on its platform. OurCrowd is based in Israel but caters to a global market of both investors and private firms in need of growth capital. When the milestone was announced,… Read More

 



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Coinbase Predicts 50% Plunge in Revenue in 2022

Coinbase (NASDAQ:COIN), the only publicly traded crypto exchange, is not having a very good year. In fact, Coinbase CEO Brian Armstrong recently commented in an interview that revenue in fiscal year 2022 is expected to be half of what the exchange delivered in 2021. The… Read More

TIFIN Announces Asset Management Industry’s SaaS-based AI Platform for Modern Distribution

TIFIN, the wealth AI platform known for its engaging experiences to enable better outcomes, has launched a new platform, TIFIN AMP, that “addresses distribution frictions in the asset management industry.” This new platform “combines marketing, data science and sales enablement capabilities to drive more intelligent… Read More

Countering Inflation, ZOPA Raises Entry Pay by 20%

Digital bank Zopa has distributed a note that they are “bucking the trend” and raising entry-level pay by around 20% as other firms are letting people go. Starting pay for entry-level positions now commences at £27,000 – an amount that Zopa states is 25% a… Read More

US Senators Send Letter to Silvergate CEO Demanding Answers on FTX Collapse, Alameda Involvement

This past Mondy, Silvergate (NYSE:SI) CEO Alan Lane took the extraordinary measure of posting a public letter defending his bank’s handling of the accounts of now bankrupt FTX and affiliated hedge fund Alameda Research. Silvergate is a regulated bank that has been a leader in working… Read More

Starling Bank Now Offers Virtual Cards

Popular digital bank Starling Bank has announced new virtual cards along with features that can be incorporated into the tech. Starling Bank said that virtual cards are now available for Personal Current Account customers and updated its Spending Insights. The features add to the bank’s… Read More

European Union Looks to Make it Easier for Firms to List Shares, Especially SMEs

As part of the ongoing objective of a Capital Markets Union, the European Union has announced new proposals aimed at making it easier for firms to list securities across the EU. According to a statement by the EU: Today’s proposed measures will: Make our clearing… Read More

Avant Raises $250 Million of Debt and Preferred Equity from Ares Management Alternative Credit

Avant has raised $250 million of corporate debt and redeemable preferred equity from Ares Management Alternative Credit funds, according to a release. Avant is an online lender that targets alternative assets like specialty finance, leasing, structured products and more. Matt Bochenek, CEO of Avant, said… Read More

Digital Securities: ADDX Tokenizes Venture Debt, Lists on Exchange

ADDX has announced another digital security available for investors on its digital asset exchange. The most recent security is a venture debt offering by Innoven Capital – a JV between Seviora (a Temasek subsidiary) and UOB. The $50 million fund combines a fixed return as… Read More

Digital Asset Firm Gate.io Commits $100M to Support Fund to Revive Blockchain, Crypto Industry

Crypto exchange Gate.io, which claims to be one of the world’s “leading” trading platforms, says that it aims to position itself “as a key driver of the crypto industry during the bear market.” As companies restrategize to adapt to changing market conditions, Gate.io is spearheading… Read More

European Financing Platform Debitum Shares Audit Results of Business Operations

As a licensed platform, Debitum must regularly “conduct internal and external audits.” The latest external audit was performed by Grant Thornton International in October 2022. The subject of this audit was “to inspect how well are managed investors funds and to examine platforms’ procedures and… Read More




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UK Fintech Modulr Assists kennek with Enabling Lenders to Collect Payments from Borrowers

Sometimes, innovation comes “out of frustration.” That was “certainly” the case for kennek, the vertical software solution for lenders. As Thibault Lancksweert, kennek Founder and Co-CEO notes: “Our motivation for starting kennek stemmed from our own frustrations as lenders. We found that, despite the many… Read More

Nubank Announces Equity Capitalization of $330M, Raising 2022 Investment in Mexico to $1.3B

Nubank, which claims to be one of the world’s largest digital financial services platforms, announced an equity capitalization of $330 million, which will be “invested to finance the expansion of the company’s portfolio, increase penetration across market segments and strengthen its operations and long term… Read More

Global Fintech Adyen Announces Startup Accelerator Programs for 2023

Adyen (ADYEN:AMS), which claims to be the global financial technology platform of choice for leading businesses, announces “the launch of four accelerator programs following the success of EMEA accelerator winner, Pivot.” Alongside the relaunch of the Amsterdam based EMEA program, the new accelerators will reportedly… Read More

Fintech Airwallex to Accelerate Growth in APAC with New CRO, APAC GM

Global fintech platform Airwallex is pleased to announce that Kai Wu has been jointly appointed “as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM).” Kai has “held a number of senior positions at Airwallex for close to five years, including as… Read More

BlocksBridge Introduces TheMinerMag to Set Standards of Research for Bitcoin Mining

BlocksBridge Consulting, the consulting and advisory firm for institutions in the bitcoin mining industry, launched TheMinerMag, a data and research resource “for journalists, analysts, industry executives and anyone interested in coherent and decisive information on Nasdaq-listed bitcoin mining companies.” Additionally, BlocksBridge announced “the appointment of… Read More

Instant Payments Volume Set to Increase by 289% by 2027, New Report Reveals

Instant payments, also called real-time payments, are a form of electronic payment “that is available 24/7/365, with the payment processed and funds made available tothe recipient instantly.” the team at Juniper Research explains. However, there is “not a singularly accepted definition of instant payments, with… Read More

Investment Platform Robocash Reports €21 Million in Loans Funded in November 2022

The New Year holidays are rapidly approaching. While you are making a gift shopping list, investment platform Robo.cash shares the key results from November. As noted in the update from Robocash, investors “bought loans in the record amount of 21M euro.” 696 P2P enthusiasts reportedly… Read More

Fintech AltScore Finalizes $3.5M Seed Round to Support B2B Embedded Lending

AltScore, a fintech start-up that provides B2B lending infrastructure, announced it has raised $3.5 million in seed funding. The financing will help AltScore “continue developing its end-to-end Lending-as-a-Service (LaaS) solution to help its B2B partners embed and deploy credit products while giving MSMBs fair and… Read More

Issuance, a Platform Enabling Reg A+ Offerings, Announces Expansion into Canada

Issuance, a platform that specializes in aiding issuers raising capital under Reg A+, has announced its expansion into Canada. According to a company statement, Issuance is now an “endorsed service-provider partner” of the Canadian Securities Exchange (CSE). The arrangement allows Issuance to offer preferred rates… Read More

SoFi Owned Galileo Announces BNPL Offering for Banks and Fintechs

Galileo Financial Technologies, LLC, a company owned by SoFi (NASDAQ: SOFI), has announced a buy now, pay later (BNPL) solution, according to the company. Galileo said it will provide single use virtual cars that incorporate complete loan servicing. Galileo intends to make the BNPL service… Read More

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