JD Alois

Restaurant Bank: iFood Pago Aims to Help Restaurants in Brazil

Financial services are best when they are ubiquitous but not obtrusive – there when you need them, but otherwise, not in the way. This is the goal of Fintech everwhere and embedded financial services. In Brazil, iFood Pago, a digital bank for restaurants, is taking… Read More

Payments Firm Nexi Now Allows Tap to Pay on iPhone

Germany based payments platform Nexi says it now enables merchants in Germany to accept in-person contactless payments with Tap to Pay on iPhone. The company added that it will continue to expand the availability of Tap to Pay on iPhone to its customers across Europe… Read More

AI Firm Prewave Raises $67 Million in Series B Funding

AI firm Prewave has raised $67 million in a Series B funding round. The funding was led by Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest, and Working Capital Fund. The company said the money will be used to enable its next phase… Read More

Bain Capital Crypto and Spark Capital Lead Funding Round for AnchorZero a Tax Strategy Firm that Allows Anyone to Benefit from Private Securities Held in IRAs

Tax Fintech AnchorZero has announced an $8 million seed round led by Bain Capital Crypto and Spark Capital. Other investors include Ethereal Ventures, Mischief Capital, Pascal Capital, and Robot Ventures. Angel investor Sarah Meyohas also participated in the round. AnchorZero is a firm that helps… Read More

Crypto ECN Finery Markets and BitGo Partner to Offer Integrated Trading and Settlement Product

BitGo and Finery Markets have announced a partnership that will offer an integrated crypto trading market and off-exchange settlement product. BitGo is a digital asset infrastructure provider that offers custody, wallets, staking, trading, and settlement. Founded in 2013, it reports serving over 1,500 institutional clients…. Read More

Republic Enables Investments in Watford Football Team Using Stablecoins USDC and USDT

Republic, an online investment platform, recently listed a securities offering for shares in Watford FC – a professional football club in the UK. The share offering is also being listed on its subsidiary Seedrs. In an X today, Republic said that investors may now purchase… Read More

Mode Mobile Raises Money in Cross Listed UK-US Securities Offering on Seedrs and Republic

Mode Mobile, a smartphone firm that aims to turn your digital device into an “earnphone,” is raising growth capital through a cross-listed securities offering on Seedrs and Republic. Seedrs is a top securities crowdfunding platform in the UK which also serves continental Europe. Parent company… Read More

Fintech Chift Raises €2.3 Million in Seed Funding

Belgian Fintech Chift has raised €2.3 million in seed funding, according to a statement from the company. The funding round was led by Entourage, an early-stage fund specializing in B2B SaaS and founded by Pieterjan Bouten – founder and former CEO of Showpad. Other investors… Read More

Samsung Invests in Fintech Curve

Curve has received the backing of Samsung Next – the VC arm of the global firm. Samsung Next backs Fintechs, including AI firms, blockchain, Healthtech, and more. Curve is a breakout UK Fintech that has previously sold securities in crowdfunding rounds. Curve’s App enables users… Read More

Former Google Exec Joins MoneyLion

MoneyLion (NYSE:ML) has announced a new Chief Revenue Officer, Jon Kaplan. According to the company, Kaplan previously worked at two big tech firms, Google and Pinterest. Dee Choubey, co-founder and Chief Executive Officer of MoneyLion, said Kaplan’s experience at the two firms shows his ability… Read More

Euronet, Fintech Galaxy, Partner on Open Banking in MENA, Africa

Euronet (NASDAQ: EEFT) and Fintech Galaxy have announced a partnership to offer Open Banking services in the MENA region and the African continent. The service includes digital banking or Banking as a Service, as well as offerings for Fintechs, merchants, and more. Services include payments,… Read More

Switzerland: Taurus Adds Stellar Network to Custody Offerings

Tauras, a digital asset firm currently serving big names like Santander, Credit Suisse, and Deutsche Bank, says it has added the Stellar Network to its custody offerings. Taurus custody service is named Taurus Protect. The company also provides tokenization services. Stellar is a popular public… Read More

Largest Female Investor Count For Any Campaign: Seedrs Touts Female Invest Securities Offering

UK-based Seedrs has distributed on X touting the success of the Female Invest securities offering. Seedrs tallies the following metrics for the offering: The fastest to reach $1m in funding, in just under 4 minutes 1597 female investors Fastest securities offering to 1000 investors in… Read More

Crypto Bro Tyler Winklevoss Donates $1 Million in Bitcoin to Donald Trump

Tyler Winklevoss, founder of crypto platform Gemini, stated on X this week that he was supporting former President Donald Trump in his run for the White House. Winklevoss donated $1 million in Bitcoin to the Trump campaign as the “Biden Administration has openly declared war… Read More

Australia: First Spot Bitcoin ETF Trades on ASX

The VanEck Bitcoin ETF (ASX:VBTC) traded on the Australian Stock Exchange (ASX) today, following the lead of the US. VanEck said the exchange-traded fund was the first and most cost-effective Bitcoin ETF on ASX. Other sponsors are expected to enter the Australian market with a… Read More

Report Claims that Over 50% of UK Consumers Benefit from Open Banking but Don’t Know It

A report from the UK indicates that more than 50% of consumers benefit from Open Banking but do not know it. The research claims a “clear disconnect between recognition and use of Open Banking.” Open Banking or Open Finance is mandated in the UK. This… Read More

The Number of FINRA Regulated Funding Portals Declines

  In the past, CI has tallied the number of FINRA-regulated Funding Portals active in the Reg CF (Regulation Crowdfunding) sector. Funding Portals are intermediaries created by the JOBS Act of 2012 – the legislation that enables online capital formation. These platforms are kind of… Read More

Funding Portal Honeycomb Credit Raises $6 Million in Seed+ Funding

Honeycomb Credit, a top FINRA regulated Funding Portal, has raised $6 million in Seed + funding, according to a note from the platform. Honeycomb Credit is a bank replacement platform that provides loans to smaller businesses. The company leverages the Reg CF securities exemption, which… Read More

Former Boxabl Investor Relations Executive Charged with Fraud

Boxabl’s former Investor Relations executive, Yanni Tassev, has been charged with fraud by the Securities and Exchange Commission (SEC). The complaint states that Tassev was hired in July 2021 and became VP of Investor Relations in November 2022. Boxabl is an early-stage firm in the… Read More

Payments Provider Clip Reports $100 Million in Funding

Mexican payments platform Clip has announced $100 million in funding provided by funds managed by Morgan Stanley Tactical Value. The Fintech said the valuation was “in line” with its Series D funding round. Adolfo Babatz, Clip’s Founder and CEO, said the money represents the validation of… Read More

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