Omar Faridi

Fintech Firm DailyPay Introduces New Feature for Hospitality and Restaurant Clients

DailyPay claims that it continues to innovate its technology platform with a new function created “to tackle a growing problem among tipped employees within the hospitality industry.” For parking valets, restaurant servers, porters, and hotel concierges, the recent trend for customers “to go cashless can… Read More

Creditas to Migrate Business Model of Creditas Auto to Focus Efforts on C2C Transactions

Creditas Auto was reportedly introduced with the objective of strengthening the relationship with Creditas’ existing customers, “providing consumers with a solution to buy, sell and trade a car.” According to the firm, there are clear synergies with their lending and insurance operation, with Creditas Auto… Read More

Insurance IT Solutions Provider Socotra Joins Mendix Independent Software Vendor Program

Mendix, a Siemens business and global leader in modern enterprise application development, announced that Socotra, a provider of end-to-end insurance IT solutions, is now a Mendix independent software vendor (ISV). The Mendix ISV Program is “available for partners across all industries to expand their businesses… Read More

Digital Banking: Nubank Supports Financial Inclusion of 5.7M Brazilians in Credit Market in One Year

Nubank (NYSE: NU) reveals that it has supported the financial inclusion of 5.7 million Brazilians in the credit card market in one year, according to a study released by Data Nubank – the company’s research and analysis platform on finances. The survey analyzed “the spending… Read More

UK SMEs Demonstrate Resilience as they Prepare for Future Business Operations, Research Reveals

New research— recently published by Oxford Economics and in partnership with Funding Circle (LSE:FCH), including a detailed survey of Funding Circle customers—reveals UK SMEs’ durability, with 58% of respondents “saying their experience of dealing with the pandemic’s challenges has made their business more resilient.” Over… Read More

Fiserv, Central Payments Deliver Issuing Capabilities to Fintechs, Financial Institutions

Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators “to bring financial products and services to market with greater speed and growth potential.” The… Read More

J&T Banka, EstateGuru to Fund Real Estate Projects in the Baltics

Estateguru, the Pan-European property investment platform, and the Czech investment bank J&T Banka have made an agreement “to fund real estate-backed loans in the Baltics.” J&T Banka initially “invested €2.5M in Finnish and German loans as part of its continued commitment to funding Estateguru loan… Read More

Digital Assets: European Investment Firm CoinShares Introduces 0% Management Fees Crypto Index ETPs

CoinShares, Europe’s digital asset investment firm, is announcing the launch of two  zero management fee Crypto Index ETPs: CoinShares Physical Top 10 Crypto Market ETP & CoinShares Physical Smart Contract Platform ETP. These two products will be “listed on German’s main market Xetra.” Both ETPs… Read More

Fintech Firm FinGoal Secures New Investment, Increases Focus on Personalization In Banking

FinGoal, an insights platform focused on personalization in banking, announced the closing of an investment round led by Naples Technology Ventures. Personalization, particularly in the financial industry, “is more important than ever as institutions seek to do more with the customers they already have.” FinGoal’s… Read More

Fintech Strike Brings “Lightning-Fast” Money Transfers from the U.S. to Vietnam

Strike, which claims to be the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the launch of fast, secure, and low-cost money transfers from the U.S. to Vietnam, “further expanding its revolutionary cross-border payment service.” Strike has partnered with Getbit “to enable… Read More

Proptech Ohmyhome Announces Closing of Initial Public Offering

Ohmyhome Limited (Nasdaq: OMH), a data-driven property technology company based in Singapore, recently announced “the closing of its initial public offering of 3,775,000 ordinary shares at a price of $4.00 per share.” The offering “consisted of 2,800,000 ordinary shares issued and sold by Ohmyhome and… Read More

Dr. Amrit Kumar: COO at Altlayer Explains How Blockchain Ecosystem, Web3, dApps Are Evolving to Meet User Requirements

We recently connected with Dr. Amrit Kumar, COO at Altlayer, which focuses on building key infrastructure for Web 3.0, an evolving set of standards that aims to support the Internet of the future. Dr. Amrit Kumar (currently at Altlayer) previously co-founded Zilliqa Research, where he… Read More

As April 18 Looms, Banks Turn to Technology to Help Clients Deal with their Tax Requirements: Report

As April 18 looms,  banks are turning to tech to help customers ease their tax anxiety, according to an update from J.D. Power. It’s been an “arduous” year for banking customers in the United States, the report noted. Between historically high inflation and wading through… Read More

Digital Asset Firm Huobi Plans to Join Copper’s ClearLoop Network

Huobi has signed a Memorandum of Understanding (MOU) with Copper. Huobi is in discussions to join Copper’s ClearLoop Network, “making it the fifth exchange to join since January 2023.” Five of the top ten global crypto exchanges have “either integrated or are working towards integrating… Read More

Ledge Unveils Multi-Bank Management Solution to Enhance Treasury Management for Finance Teams

Ledge, an automated, no-code finance operations platform, announced the launch of its new multi-bank management solution that’s designed “to help finance teams easily and nimbly manage cash balances across multiple bank accounts in real-time as executives put a renewed focus on treasury management.” Since the… Read More

Decentralized Infrastructure Protocol The Graph Integrates Banxa to Enhance Access to Blockchain Data

Banxa, the on-and-off ramp solution for web3, has integrated with The Graph, the decentralized infrastructure protocol, “to allow users to pay with fiat currency to access blockchain data organized by The Graph.” This integration, now “available directly in The Graph’s user interface, decreases barriers to… Read More

90% of Small Business Owners Aren’t Sure If Their Company is Adequately Insured, Survey Reveals

  It’s been a stressful few years to run a small business in America — and so far 2023 has been no exception. Inflation, supply chain snags and staffing shortages continue to test business owners, the team at Next Insurance writes in a blog post…. Read More

Former Coinbase Manager Charged with Insider Trading Could Potentially Be Crypto’s Legal Hope: Report

Crypto appears to have chosen an unlikely supporter in its ongoing struggle against oversight by the US Securities and Exchange Commission: an ex- Coinbase worker who was convicted of allegedly engaging in insider trading. This, according to a recent report by the WSJ. Ishan Wahi,… Read More

Nvidia CEO Says Crypto Doesn’t Contribute Anything “Useful” to Society

Nvidia’s (NASDAQ:NVDA) management has recently stated that cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) don’t bring anything “useful” for society. This, despite the firm’s powerful processors selling in massive quantities to the nascent crypto industry. Michael Kagan, Nvidia’s CTO, noted that other popular uses of… Read More

Insurtech: Cover Whale, to Provide Coverage Plans to Truck Drivers

Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech, announces its partnership with, the nation’s largest digital marketing platform for independent agents and brokers. With access to’s extensive insurance marketplace and more than 240,000 independent insurance agents, Cover Whale… Read More

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