Samantha Hurst

Malta Fintech Bankex Set to Launch Security Token Trading Platform

On Thursday, Malta-based fintech BANKEX announced it has launched its own security token trading platform, BANKEX Token Exchange. According to the company, this new platform enables not only the trade of basic pairs of utility tokens but also the trade of complex security tokens connected… Read More

Infosys to Inaugurate Technology & Innovation Hub in Hartford

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Infosys (NYSE: INFY), a global consulting, technology and next-generation services firm, announced on Thursday it has inaugurated its Technology and Innovation Hub in Hartford. As previously reported, Infosys inaugurated its first Technology and Innovation Hub in Indianapolis, Indiana and has already announced a Technology and Innovation Hub in Raleigh, North Carolina and a… Read More

Envestnet | Yodlee Incubator Announces New Fintech Class

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, announced on Thursday the members of the newest Envestnet | Yodlee Incubator class. According to Envestnet | Yodlee, the incubator connects disruptive data-driven startups with the mentorship, strategic guidance,… Read More

Havven Rebrands to Synthetix & Launches Crypto-Backed Synthetic Asset Platform 

Havven announced on Thursday it has rebranded as Synthetix and launched a new suite of crypto-backed synthetic asset tokens. According to Synthetix, these tokens are priced against the Euro, Japanese Yen, Korean Won, Australian Dollar, and gold. They also complement Synthetix’s first stablecoin (sUSD), which tracks the… Read More

Vela Announces Electronic Access Facilitation With Eurex EnLight

Vela, a global multi-asset electronic trading provider, announced on Thursday it has partnered with Eurex, a European derivatives exchange to facilitate electronic access to Eurex EnLight, the new selective request-for-quote (RfQ) platform, through Vela’s Metro Trading Platform. Vela reported that with this development, market participants can… Read More

Entersekt Accelerates European Growth By Opening New Headquarters & Adding New Hires

Entersekt, a mobile-first fintech solutions firm, announced on Thursday it has relocated its European headquarters from Geldermalsen to Utrecht, both in the Netherlands. According to the fintech,  the new location offer much needed growing room for the fintech innovator. The company’s Munich office, overseen by Entersekt’s… Read More

U.S. Fintech Cross River Secures $100 Million Through Latest Funding Round Led By KKR

U.S. fintech Cross River announced on Thursday it secured $100 million through its latest funding round, which was led by KKR, with participation from CreditEase and Lion Tree Partners, Battery Ventures, Andreessen Horowitz and Ribbit Capital. Founded in 2008, Cross River stated it combines innovative technologies with… Read More

Bitwise Announces Beta Funds For Bitcoin & Ethereum to Capitalize on Market Pullback

Bitwise Asset Management announced on Wednesday the launch of its two new low-cost, liquid beta funds, holding bitcoin and ether exclusively. According to Bitwise, the Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are the second and third strategies in the Bitwise fund family, joining the… Read More

CrowdOut Provides $30 Million Credit Facility to Support Personiv’s Growth

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Private lending syndication platform CrowdOut Capital announced on Wednesday the completion of a $30 million credit facility to Personiv. According to CrowdOut, the borrower is a business process outsourcer that employs over 2,500 employees in 3 different countries and the proceeds from the loan will be… Read More

Update: Thread Set to Close Crowdcube Round With More Than 2 Million in Funding

Thread, a new spin on the retail experience that combines artificial intelligence with stylists, is set to close its equity crowdfunding campaign on Crowdcube later this evening with more than £2 million in funding thanks to over 3250 investors. The funding round was launched last month and… Read More

Korean Fintech HonestFund Secures $12 Million Through Series B Investment Round

HonestFund, a Korean fintech startup, announced on Wednesday it secured $12 million through its Series B funding round, which featured investments from Dunamu & Partners, MurexPartners, KB investment, TL Asset Management, Bass Investment, and HB Investment. HonestFund total investment amount is now $21 million. Founded… Read More

LendInvest Joins Ingard’s Buy to Let Panel

Ingard, a compliance network, brokerage, and lending packager specialist, announced on Tuesday online lending platform LendInvest has joined its buy to let panel. According to Ingard, members may now access the lender’s buy to let range direct by registering through LendInvest’s online portal. Ingard reported: “LendInvest offer a… Read More

eToro Joins Blockchain Association as Executive Member

Global investment platform, eToro, announced on Tuesday it has joined the Blockchain Association as an executive member. eToro reported it will be working alongside prominent organizations in the blockchain ecosystem such as Coinbase, Circle, Digital Currency Group, and Polychain to will help further the Blockchain Association’s… Read More

CoverWallet Launches Insurtech Platform Specifically For Commercial Insurance

U.S.-based insurtech startup CoverWallet announced on Tuesday the launch of CoverWallet for Agents, which is described as a dedicated platform for insurance agents. According to CoverWallet, those using the new platform will benefit from a “fast, simple, and efficient” way to provide commercial insurance to… Read More

SALT Announcements: Expands U.S. Reach to 86%; Now Offering Blockchain-Backed Loans in Washington, D.C.

SALT, a U.S.-based Blockchain-Backed Loans provider for cryptocurrency holders, announced on Wednesday it has begun offering Blockchain-Backed Loans in Washington, D.C., Oklahoma, Arkansas, and Montana. The company reported that with this new expansion, it is now able to lend to 86% of the U.S.  As… Read More

Malta-Based Digital Asset Exchange OKEx Launches New Product “Perpetual Swap” to Crypto-Base Financial Suite

OKEx, a Malta-based digital assets exchange, announced on Monday the launch of its new product, Perpetual Swap, as part of its crypto-based financial product suites. According to OKEx, users may now perform perpetual swap, futures contract, and spot trading with margin and leverage at one stop. OKEx… Read More

Money360 Milestone: Surpasses $1 billion in Loans Originated & Closed

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Real estate marketplace lender Money360 announced on Monday it has surpassed $1 billion in loans originated and closed since inception. The announcement comes just 11 months after the lending platform revealed it had hit $500 million. Launched in 2014, Money360 is described as a vertically-integrated, nationwide… Read More

SpotOn Teams Up With VaultBank to Allow Merchants to Accept Cryptocurrency

SpotOn Transact, LLC, a U.S.-based payments and software company, announced on Monday SpotOn merchants will soon be able to process transactions using cryptocurrency including Bitcoin, Stellar, Ripple, and Ethereum through its new partnership with Vaultbank, a technology company that uses blockchain to create, issue and trade… Read More

Cybersecurity Firm ITsMine Provides Al Data Protection Tool Free of Charge Following Marriott Data Breach

Following the recent data breach at Marriott, ITsMine, an Israel-based cybersecurity company that uses AI-based Data Loss Prevention (DLP) to secure organizational data, announced it will provide its solution free of charge to the worldwide hotel industry through the end of 2019. According to ITsMine, the solution offers… Read More

Transferwise Launches Borderless Accounts & Debit Mastercard to Ireland

Fintech unicorn, TransferWise, has reportedly launched its borderless account and debit Mastercard to Ireland. The launch comes just a few months after Transferwise added US Bank information to its platform thus mirroring what is already available for their European, UK and Australian users. According to Finextra, borderless… Read More

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