September 26, 2022 @ 11:48 pm By Omar Faridi  |  

The Central Bank of Iran (CBI) said this past Wednesday that it will “begin the pilot launch of crypto-rial as the bank’s digital currency as of Thursday.” The CBI has said that “the aim of designing the crypto-rial is to turn banknotes into a programmable… Read More

September 26, 2022 @ 10:41 pm By Omar Faridi  |  

Everimpact are partnering with STACS, a Singapore-based ESG fintech “to provide banks and corporates involved in the carbon market with greater trust and transparency.” Their partnership will “promote data-backed carbon credits with end-to-end traceability.” In the first phase of the project, Everimpact’s Digital carbon tracking… Read More

September 26, 2022 @ 9:39 pm By Omar Faridi  |  

CIMB Group Holdings Berhad strengthened its sustainability commitment by doubling its sustainable finance target to RM60 billion by 2024 “under the Group’s Green, Social, Sustainable Impact Products and Services (GSSIPS) Framework.” The increased target was announced during the opening of CIMB’s flagship The Cooler Earth… Read More

September 26, 2022 @ 9:23 pm By Omar Faridi  |  

Grab Holdings Limited (NASDAQ: GRAB), Southeast Asia’s superapp, announced that it has promoted Suthen Thomas Paradatheth to Group Chief Technology Officer (GCTO), “effective October 1, 2022.” As Grab’s GCTO, Suthen will be “responsible for driving Grab’s technology vision, strategy and execution across its Deliveries, Mobility,… Read More

September 26, 2022 @ 7:37 pm By Omar Faridi  |  

Pan-Asian venture capital firm Gobi Partners announced the closing of its $10 million Gobi SuperSeed II (Gobi SSII) Fund “following the participation of Allianz Malaysia Berhad (Allianz Malaysia) as a Limited Partner (LP).” Other LPs backing the Gobi SSII Fund “are institutional investors Malaysia Venture… Read More

September 26, 2022 @ 5:46 pm By Omar Faridi  |  

eToro, the social investing network, announced the introduction of ESG scores for over 2,700 stocks on its platform enabling its users “to consider environmental, social, and governance factors when building their portfolios.” Partnering with ESG Book, a global provider of ESG data and technology, eToro… Read More

September 26, 2022 @ 2:45 pm By Omar Faridi  |  

DappRadar, the global app store for decentralized applications, predicts in its new report on the state of the NFT market that “despite financials falling in Q3 that total sales are expected to grow by 6% by the end of the quarter.” Although the NFT market’s… Read More

September 26, 2022 @ 10:45 am By Omar Faridi  |  

Three quarters of young adults (76%) plan “to make major sacrifices or put life events on hold due to the cost of living crisis,” according to a survey by Starling Bank. The research, which questioned 2,000 UK adults, compared age groups and asked about stresses… Read More

September 26, 2022 @ 9:47 am By Omar Faridi  |  

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

September 26, 2022 @ 8:23 am By Omar Faridi  |  

Revolut, the global financial super app with more than 20 million customers worldwide,  announced that it has “expanded its crypto offering to launch 29 new tokens for US* users, via a new partnership with Apex Crypto.” Customers can now “buy and sell a total of… Read More

September 26, 2022 @ 8:21 am By Omar Faridi  |  

Funding Circle (LSE: FCH), which claims to be the UK’s largest small business lending platform, and Bayview Asset Management, an investment management firm headquartered in Coral Gables, Florida, announced a lending partnership that is “targeting the provision of £700m funding to small businesses over an 18… Read More

September 25, 2022 @ 11:57 pm By Omar Faridi  |  

The team at digital asset firm Coinbase (NASDAQ:COIN) reveals that they’ve registered with the Dutch Central Bank (De Nederlandsche Bank — DNB) as a crypto service provider. This registration will “allow Coinbase to offer our full suite of retail, institutional, and ecosystem products to customers… Read More

September 25, 2022 @ 11:47 pm By Omar Faridi  |  

Swedish board evaluation platform BoardClic has raised €1.2 million “to boost next phase of international expansion.” BoardClic, a Swedish SaaS B2B platform for digital board and management team evaluations, has successfully acquired €1.2 million, according to an update shared with CI. The funding will be… Read More

September 25, 2022 @ 10:56 pm By Omar Faridi  |  

Amid the funding winter, 128 Indian startups have managed to “raise $995.1 million in August 2022, which is a 9.7% growth compared to the previous month,” reveals GlobalData, a data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Although the total VC funding… Read More

September 25, 2022 @ 10:43 pm By Omar Faridi  |  

ParallelChain Lab, an enterprise-grade blockchain-as-a-service provider that combines high performance with censorship-resistant characteristics, announced it has secured a $50 million financing commitment from GEM Digital. This token subscription facility is “dedicated to funding ParallelChain’s continuous innovation and ecosystem growth following the launch of its mainnet… Read More

September 25, 2022 @ 9:39 pm By Omar Faridi  |  

STEPN, a Web3 lifestyle app that leverages tokenized incentives based on blockchain networks to encourage people to be active outdoors, recently celebrated its first anniversary amongst community members. Over the past year, the company “raised $5 million from investors, expanded to over 4.72 million users… Read More

September 25, 2022 @ 8:24 pm By Omar Faridi  |  

This month, Artory announced two major projects that deliver the benefits of the Algorand Blockchain to the traditional art market: the blockchain registration of Provenance Revealed: Galerie Steinitz in partnership with Christie’s and the launch of “a diversified and tokenized art fund which will secure… Read More

September 25, 2022 @ 7:59 pm By Omar Faridi  |  

CommentSold, the  live video commerce solution enabling retail businesses to unlock sales growth through live selling, announced the launch of its point of sale (POS) system built on Stripe, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers “gives… Read More

September 25, 2022 @ 6:37 pm By Omar Faridi  |  

Capchase, a provider of non-dilutive financing to SaaS companies, has announced a partnership with Sastrify, the global automated SaaS procurement platform, to offer a “Save Now, Pay Later” program to “high-growth” customers. This program will “enable Sastrify’s customers to extend their runways, cutting their SaaS… Read More

September 25, 2022 @ 5:54 pm By Omar Faridi  |  

MineralTree, a Global Payments (NYSE: GPN) company and Accounts Payable (AP) and payment automation solution provider, recently released its seventh annual State of AP report. For the first time ever, MineralTree expanded its research “to include suppliers, reflecting the growing importance of vendor relationships to… Read More