June 11, 2019 @ 11:39 am By Samantha Hurst  |  

U.S. fintech Brex announced on Tuesday it secured $100 million through its latest investment round, which was led by Kleiner Perkins Digital Growth Fund. This round of investment comes just a couple of months after Brex received $100 million debt capital investment from Barclays Investment… Read More

June 11, 2019 @ 10:41 am By Samantha Hurst  |  

Just a couple months after acquiring digital payments company, Wibmo, global online payment service provider PayU has now acquired Turkish digital payments provider, iyzico, for $165 million. PayU reported that the acquisition adds to the more than $500 million that the company has deployed across… Read More

June 11, 2019 @ 10:03 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday it is expanding its South America footprint by opening operations in Brazil. As part of the new location’s launch, Ripple reported it is bringing on Luiz Antonio Sacco as managing director to drive strategy… Read More

June 11, 2019 @ 8:50 am By Samantha Hurst  |  

Global cryptocurrency exchange Liquid.com announced on Tuesday it has been selected by Gram Asia, the largest holder of Grams from Asia, to lead the upcoming public sale of Telegram Open Network (TON). According to Liquid.com, Gram is the native token of TON Blockchain, a decentralized network… Read More

June 10, 2019 @ 3:48 pm By Samantha Hurst  |  

TokenMarket, a UK-based global investment platform, announced on Monday it has received approval from the FCA to run its Security Token Offering (STO) in the regulatory sandbox. According to TokenMarket, the offering is being conducted under existing UK crowdfunding rules, allow for up to €8 million… Read More

June 10, 2019 @ 3:34 pm By Samantha Hurst  |  

VeriTran, a company that is looking to transform digital banking through its low-code platform, announced last week its official business expansion into the U.S with the opening of its Miami, Florida and New York offices. Founded in 2005, the company reported that its low-code platform… Read More

June 10, 2019 @ 3:08 pm By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase announced on Monday that customers around the world can start earning DAI by watching lessons and completing quizzes about DAI and its features. According to Coinbase, DAI is the first stablecoin to be made available through Coinbase Earn. “According to the DAI whitepaper, DAI is… Read More

June 10, 2019 @ 2:27 pm By Samantha Hurst  |  

Alkami, a U.S.-based fintech, announced on Monday it secured $55 million through its Series E funding round, which was led by led by General Atlantic with participation from existing investors, including S3 Ventures and Argonaut Private Equity. As previously reported, Alkami was founded in 2009… Read More

June 10, 2019 @ 12:57 pm By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Monday it has securitized £259 million of UK prime Buy-to-Let mortgage loans in an oversubscribed RMBS transaction. LendInvest claims it is the UK’s first marketplace platform to securitise its own assets and the securitization received an… Read More

June 10, 2019 @ 11:11 am By Samantha Hurst  |  

The Western Union Company (NYSE: WU), a cross-border, cross-currency money platform, announced on Monday it teamed up with Techstars to launch the first class of the Western Union Accelerator Powered by Techstars. According to Western Union, the class roster of 10 early-stage companies reflects a… Read More

June 10, 2019 @ 9:57 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Monday it has completed its acquisition of RPM Technologies, a Canadian wealth management technology provider. Broadridge revealed it was acquiring the company last month for approximately $300 million. Broadridge stated at the time: “Building on Broadridge’s strong Canadian Wealth Management… Read More

June 10, 2019 @ 8:44 am By Samantha Hurst  |  

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced on Monday the release of the Wirex Token (WXT), its first native cryptocurrency, in an Initial Exchange Offering (IEO) on OKEx. According to Wirex, the new token is designed to help… Read More

June 9, 2019 @ 10:27 pm By Samantha Hurst  |  

Kabbage announced on Friday it has teamed up with the Building Trades Employers’ Association (BTEA), to provide access to fast and flexible small business funding for BTEA members through its global financial service platform. According to Kabbage, the collaboration will support women and minority-owned business… Read More

June 9, 2019 @ 10:10 pm By Samantha Hurst  |  

Payments platform Stripe recently announced the launch of Chargeback Protection, which is described as a new service built on Stripe’s machine learning-based fraud tool Radar, that prevents fraud and protects sales against future chargebacks. The platform further explained the new service and what users can… Read More

June 9, 2019 @ 9:30 pm By Samantha Hurst  |  

Bittrex announced on Friday certain markets on its digital asset platform will no longer be accessible to its U.S.-based users starting June 21st. The markets are the following: ADT CMCT GO MFT QRL XEL AMP DNT GTO MOBI QTUM XNK BAY DTA HYDRO NLC2 RFR… Read More

June 7, 2019 @ 9:38 pm By Samantha Hurst  |  

Avinew, a U.S.-based insurtech that is seeking to reinvent auto insurance, announced earlier this week it has acquired Betterdrive, a U.S. insurtech that has developed technology to predict the probability of accidents based on the route, time of day, traffic, and weather conditions. Through the… Read More

June 7, 2019 @ 8:48 pm By Samantha Hurst  |  

UK-based insurtech Wrisk completed its latest equity crowdfunding campaign on Seedrs with a total of £978,682. The funding round was launched earlier this spring, originally seeking £750,000. The startup raised £1 million through its second Seedrs initiative less than a year ago.  As previously reported,… Read More

June 7, 2019 @ 8:32 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday it has listed four Binance Launchpad Tokens to its Wallet & Card App. The tokens are Matic Network’s MATIC, Celer Network’s CELR, Fetch.AI’s FET, and Harmony’s ONE. According to Crypto.com, the four tokens join a growing list… Read More

June 7, 2019 @ 12:35 pm By Samantha Hurst  |  

American technology company Kodak has reportedly launched its own blockchain-enable document management platform. According to Coindesk, the Kodak document management platform, which is known as Kodak Services for Business, is not under license to a third-party and actually is a Kodak product.  Kodak Services for… Read More

June 7, 2019 @ 11:17 am By Samantha Hurst  |  

UTRUST, a cryptocurrency payment solution designed to modernize the finance and payments industry, announced on Friday it has teamed up with Portuguese football  S.L Benfica to allow them to accept cryptocurrency.  Thanks to the collaboration, Benfica supporters now have the option to use cryptocurrency to… Read More