Omar Faridi

State Street Digital, Vanguard, Symbiont Complete Live Trade for Foreign Exchange Forward Contracts via Blockchain Tech, Smart Contracts

State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, has announced that the companies have completed the margin calculation process “for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology.” As mentioned in the… Read More

Insurtech bolttech Welcomes Strategic Investor BRV Capital Management, an Asian Investment Platform

bolttech, the fast-growing global Insurtech, has announced that it has welcomed another strategic investor, BRV Capital Management (BRV), an Asia-headquartered investment platform. As mentioned in an update shared with CI, the addition follows bolttech’s announcement of Series A investors including Activant Capital, Tony Fadell –… Read More

Gaia EverWorld Acquires Polygon Grant, Partners With Binance for NFT Initiatives

Following a seed round, the Gaia EverWorld team has announced an NFT sale via a collaboration with the Binance NFT marketplace, as well as securing a grant from the Polygon Foundation, and “completed a successful IDO.” The land sale will “allow Gaia EverWorld to claim… Read More

CME Group Introduces Micro Ether (ETH) Futures Contracts

CME Group, which claims to be the most diverse derivatives marketplace, has launched Micro Ether futures, further “expanding its suite of cryptocurrency derivatives offerings, and marking its second micro cryptocurrency product this year.” Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment… Read More

Syscoin Smart Contract Chain Now Live, Claiming to Offer “Best” of Bitcoin and Ethereum

Phase One of the NEVM launch is now officially complete, the Syscoin team announced in a recent update. Their Bitcoin-secured Layer 1 for EVM smart contracts “reached mainnet on block 1,317,500, December 6th, 2021,” according to an update shared with Crowdfund Insider. With this upgrade… Read More

UK’s Zephyr Homeloans, a BTL Lender, Introduces Various Products to Support Greater Energy Efficiency

Zephyr Homeloans, the specialist buy-to-let (BTL) lender that is owned by Computershare, has unveiled several new products as part of a range redesign intended to support greater energy efficiency in the United Kingdom‘s private rental sector. Zephyr’s management noted that their new EPC Deal products… Read More

UK’s Buy Now, Pay Later Fintech Butter Introduces BNPL Card

UK-headquartered Buy Now, Pay Later (BNPL) Fintech Butter is planning to compete with and potentially replace traditional credit cards with the introduction of its own BNPL card. Although 65% of UK consumers carry credit cards, the number being issued has declined by around 3% during… Read More

Canadian Fintech WealthSimple to Exit UK Market

Digital wealth management platform Moneyfarm has confirmed that it will acquire Wealthsimple’s UK business book. Wealthsimple UK has reportedly agreed to transfer its 16,000 UK clients to Moneyfarm by the end of January 2022. The Canadian Robo-advisor said it would no longer be offering its… Read More

DLT: SETL Demonstrates 1M Transactions Per Second on the Blockchain

SETL, a blockchain settlement and payment infrastructure provider, reveals that it has had one of those “breakthrough moments” after its Regulated Liability Network (RLN) was reportedly able to demonstrate that it successfully processed 1 million transactions per second (TPS). The RLN is described as a… Read More

UniTeller, a Remittance Payments Provider, Extends Services to APAC Clients with Assistance from Tranglo

UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo. UniTeller’s partnership with Tranglo will enable UniTeller to continue expanding… Read More

New NFT Marketplace to be Launched by Blockchain.com, Allowing Users to Buy, Sell NFTs via Wallets

Beginning on December 2, 2021, people may sign up to get first access to the Blockchain.com NFT marketplace. In the coming weeks, users may start purchasing, selling, and storing non-fungible tokens or NFTs right inside their Blockchain.com Wallet. As mentioned in an update from Blockchain.com… Read More

i2c Inc. Teams Up with BEYON Money, the Mobile Super App Launched by Bahrain’s Batelco Financial Services

i2c Inc., a provider of digital payment and banking tech, has announced its partnership with BEYON Money, the mobile super app introduced by Batelco Financial Services, which is the Fintech unit of Bahrain’s digital solutions and telecommunications provider. Backed by a recently-secured Open Banking license… Read More

South Korean Lending Platform, PeopleFund, Finalizes Series C Round led by Bain Capital

PeopleFund (CEO Joey Kim), South Korea’s online lending platform focused on consumer loans, announced recently the completion of a KRW75.9 billion (appr. $6.45 million) Series C round of funding raising from international financial institutions – which includes Bain Capital, Lending Ark Asia Secured Private Debt… Read More

B2B Cross-Border Payment Provider, Verto, Partners with Payments Fintech Banking Circle

B2B cross-border payment provider, Verto, has teamed up with payments bank, Banking Circle, in order to streamline global payments for its customers. Utilizing the Banking Circle Virtual IBAN solution, alongside access to Banking Circle’s domestic payment channels, Verto is “addressing the pain points of complicated… Read More

Eleving Group Sells its Bulgarian Business Operations to Eurolease Group

The announcement shared below was reportedly provided to AS Mintos Marketplace (Mintos) by Eleving Group, a cooperation partner of Mintos that provides various investment opportunities via Mntos.com. Following Eleving Group’s strategy to consolidate investments in its “best-performing markets, a decision has been made to exit… Read More

Neobanking Platform Migom to Offer Virtual Banking and Support for Crypto-Assets

In the Caribbean, a new neobanking platform has been introduced. It aims to offer all the features provided by digital banking platforms along with support for crypto-assets. As mentioned in an announcement, neobank Migom offers banking services to SMEs operating in emerging markets. Migom Bank‘s… Read More

James Bayly: Head of Business Dev at SubQuery Explains How Platform Serves as Decentralized Data Aggregation Layer Between L1-Chains, Dapps

We recently caught up with James Bayly, the Head Of Business Development at SubQuery & OnFinality. Bayly explained that SubQuery serves as a decentralized data aggregation, indexing, and querying layer between L-1 chains and dApps. He confirmed that his team is focused on Polkadot (DOT)… Read More

Wyoming Chancery Court: A New Home Court for Digital Asset Disputes Offering Complete Legal Framework

Matt Kaufman, Attorney/Partner at Hathaway & Kunz, LLP, noted on December 2, 2021, that it was a big day for Wyoming, due to the official launch of the Wyoming Chancery Court. As explained by Kaufman, it is a new home court for digital asset disputes… Read More

London Stock Exchange Agrees to Acquire Portfolio Optimization Platform, Quantile

The London Stock Exchange (LSE) has reportedly agreed to terms in order to acquire portfolio optimization platform Quantile, further extending its post-trade offerings to the over-the-counter (OTC) derivatives market. Over the years, Quantile has managed to expand its team to more than 80 employees, with… Read More

iProov and Eurostar Introduce Trial to Offer Contactless Travel at London St Pancras International

iProov, a provider of biometric face authentication tech, and Eurostar, the high-speed passenger rail service linking the United Kingdom with mainland Europe, have announced that their trial of a contactless fast-track service, SmartCheck, is currently live. SmartCheck enables passengers to “complete secure ticket verification and… Read More

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