March 22, 2019 @ 7:00 am By JD Alois  |  

Payments Fintech Marqeta has just raised $250 million in a Series E funding round that reportedly valued the firm at around $2 billion. It was reported that hedge-fund firm Coatue Management LLC led the investment round. Omri Dahan,  Chief Revenue Officer of Marqeta, recently told… Read More

March 22, 2019 @ 2:06 am By JD Alois  |  

First Data (NYSE:FDC), has acquired ayCash, a Germany-based provider of cashless payment terminals and digital merchant services. A First Data representative said ayCash has a growing client base, serving the increased demand for cashless technology in Germany and the region. Founded in 2008 by Hans… Read More

March 21, 2019 @ 1:56 pm By JD Alois  |  

Announced during the Security Token Summit in Bermuda this week, tribeOS said its “digital security offering” FIRE has received regulatory approval under Bermuda’s young ICO Act (2018). tribeOS is described as a blockchain-based digital advertising marketplace designed to help advertisers and publishers run secure, fraud-free… Read More

March 21, 2019 @ 6:53 am By JD Alois  |  

Singapore based Fintech InstaReM has announced a partnership with First Data (NYSE: FDC), a global leader in commerce-enabling technology and solutions. The new partnership will combine InstaReM’s digital payments and remittance solution with First Data’s debit processing solution. InstaReM said that by leveraging First Data’s… Read More

March 21, 2019 @ 6:20 am By JD Alois  |  

Peer to peer lending platform The House Crowd has surpassed £100 million of invested capital through its platform. The House Crowd said the past year has been pivotal for the platform as the UK property market slowed. The Manchester-based online property lender reported several new… Read More

March 21, 2019 @ 2:00 am By JD Alois  |  

The American Bar Association (ABA) has published an extensive treatise on the US regulatory environment pertaining to cryptocurrency and other digital assets. In brief, the 353 white paper is a must-read review of current law and treatment by regulatory authorities such as the Securities and… Read More

March 20, 2019 @ 5:07 pm By JD Alois  |  

Lyft is in the midst of preparing an initial public offering (IPO). This IPO is one of the most anticipated public offerings of the year. The ride-share platform is not only testament to the entrepreneurship of its founders and the creativity and risk-taking intrinsic to… Read More

March 20, 2019 @ 12:02 pm By JD Alois  |  

PUBLIQ has been selected by the All Party Parliamentary Group on Blockchain (APPG Blockchain) for its 2019 showcase of companies solving real-world problems with fully functioning blockchain tech. PUBLIQ is a “non-profit founded to rebuild trust in media.” Among the ten company finalists, PUBLIQ was… Read More

March 20, 2019 @ 11:50 am By JD Alois  |  

SALT, a crypto-collateralized online lending platform,  has expanded its insurance coverage on digital assets. As of February, SALT’s crime insurance policy covers 100% of collateral assets held in their “deep” cold storage. SALT now has two types of insurance policies. First, there is the Cyber… Read More

March 20, 2019 @ 7:42 am By JD Alois  |  

Point, a Fintech targeting home equity services, has closed on a Series B funding round led by Prudential Financial (NYSE:PRU) and DAG Ventures, with participation from existing investors including Andreessen Horowitz, Ribbit Capital, and Bloomberg Beta. New investors included Financial Venture Studio and Enterprise Community… Read More

March 20, 2019 @ 7:30 am By JD Alois  |  

Caspian, a crypto trading platform for professional traders and investors, has integrated its platform with Deribit, a crypto options and futures exchange, according to a release from the firm. Via its API, Caspian now claims to be the first institutional platform to offer both options… Read More

March 20, 2019 @ 7:20 am By JD Alois  |  

Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms, has announced a planned merger with Finland based Invesdor Oy. The newly formed company will see the combination of a leading Nordic equity crowdfunding platform and a top online lender serving… Read More

March 20, 2019 @ 7:00 am By JD Alois  |  

Insurtech BriteCo has announced a $2 million seed round led by Brian Spaly, the founder of Trunk Club, and Jeff Taylor, the former chairman and CEO at Cole Taylor Bank. BriteCo is targeting the fine jewelry and watch market to provide insurance within minutes of… Read More

March 20, 2019 @ 6:48 am By JD Alois  |  

Curve is hiring country managers as it plans its expansion first in Europe and then other parts of the globe. Curve is a Fintech that enables users to combine all of their credit/debit cards into a single card and App. The company claims to be… Read More

March 19, 2019 @ 10:06 pm By JD Alois  |  

Online lender Prospa has reported that loan originations have surpassed $1 billion. Prospa has now delivered the loans to over 19,000 Australian and New Zealand small businesses. The Fintech has also shared its top-level financial numbers. For the year ended 31 December, 2018 loan originations… Read More

March 19, 2019 @ 7:12 pm By JD Alois  |  

CipherTrace is a cryptocurrency cyber assurance and compliance firm that has recently formed some interesting partnerships. In February, CipherTrace was backed by $15 million in venture funding to help fulfill its mission on crypto security. In January, CipherTrace published a report on the global cryptocurrency… Read More

March 19, 2019 @ 12:45 pm By JD Alois  |  

seriesOne Inc., a globally focused digital security issuance platform, is partnering with Polymath. The company says the goal is to simplify the complex challenges of creating and managing security tokens (blockchain-based digital securities). The new partnership seeks to enable the ability to issue security tokens… Read More

March 19, 2019 @ 7:52 am By JD Alois  |  

Western Union (NYSE:WU), an old tech cross-border payment company has teamed up with Thunes (TransferTo Mobile Financial Services Ltd) to enable Western Union customers to send funds directly into mobile wallets around the world. Thunes connects diverse payment systems so unbanked or underbanked users gain access… Read More

March 19, 2019 @ 7:28 am By JD Alois  |  

Investment crowdfunding platform FundedByMe has added Stripe to its platform to more easily facilitate smaller transactions. The recently listed company said in a release: This to solve the complexity of the numerous smaller transactions in equity crowdfunding. During 2018 the smallest investment on the platform… Read More

March 18, 2019 @ 10:50 pm By JD Alois  |  

InstaReM, a payments platform operating in over 50 countries, has closed on a USD $ 41 million Series C funding round led by Vertex Growth Fund, their first investment in Southeast Asia. James Lee, MD of Vertex Growth Fund, will be joining the Board of… Read More