JD Alois

Revolut, IRIS Software Group Partner on Early Salary Access

Neobank Revolut and IRIS Software Group (IRIS) have announced a partnership to offer employees access to their salaries when they accrue it – if they so choose. IRIS states that the partnership has two objectives: first, to allow companies using IRIS Cascade to offer their… Read More

Secured Lending Platform EstateGuru Partners with Raisin Bank, Goal is to Provide Over €200 Million in Loans

EstateGuru, a marketplace lending platform that provides secured loans pairing investors with borrowers, has signed a partnership with Raisin Bank – a banking as a service provider operated by global Fintech Raisin. According to EstateGuru, the Frankfort-based Raisin Bank will provide services to Estate Guru’s… Read More

Many Tech Firms, Fintechs Have Employees in War Ravaged Ukraine

  Russia’s war with Ukraine is a human tragedy of epic proportions. It appears that Russian President Vladimir Putin and his advisors have ignored the history of Nazi Germany and pushed forward with an unprovoked invasion that can only end in disaster. The war will… Read More

Insurtech FOXO Technologies to be Acquired in SPAC Deal with Delwinds Insurance Acquisition Corp.

FOXO Technologies Inc. will become a publicly traded firm in a SPAC deal with Delwinds Insurance Acquisition Corp. (NYSE: DWIN). Shares will trade under the symbol FOXO once completed. The transaction is said to have a value of $369 million. FOXO, will raise up to… Read More

Over $36 Million in Crypto Donations Sent to Ukraine

As of today, over $36 million has been donated to various Ukrainian organizations, including directly to the Ukrainian government along with non-profits supporting efforts while unprovoked war rages with Russia. The Ukrainian government, The Return Alive Foundation, UkraineDAO, and Binance Charity’s Ukraine Emergency Fund lead… Read More

UK Equity Investment: £14 Billion Invested Through Q3 Topping All of 2020

The British Business Bank has published its Small Business Finance Markets Report 2021/22.  According to the report, over £14  billion was invested in equity offerings during the first three quarters of 2021 – surpassing all of 2020. The British Business Bank is a development bank… Read More

Proptech Findingaplace Raises Over £310,000 on Seedrs

Findingaplace, a UK Proptech startup, has closed its funding round on Seedrs raising £311,000 in equity capital at a pre-money valuation of £1.5 million. The target of the securities offering was £250,000 and easily topped as 352 individual investors backed the firm. Findingaplace is a… Read More

Cambridge Centre for Alternative Finance Launches Public-Private Partnership on Digital Asset Ecosystem

The Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge, has launched a new public-private collaboration involving banks, public agencies, and private organizations aiming to provide insight into the emerging digital asset ecosystem. The mission is to help guide public opinion, inform… Read More

Invest Lithuania Creates Guide to Help Ukrainian Refugees to Relocate to Lithuania

Invest Lithuania, the country’s Investment Promotion Agency supporting firms interested in tapping into the European market, has created a section of their website providing information for Ukrainians that are fleeing the war with Russia. Invest Lithuania states: “We would like to assure you that Lithuania… Read More

Traditionally Neutral, Switzerland Supports EU Sanctions Targeting Russia

Earlier today, the Swiss Federal Council adopted the European Union (EU) sanctions packages of February 23 and 25. The move is designed to remove Switzerland as an option for  Russia to evade economic sanctions as Russia continues its criminal act of war against Ukraine. Switzerland… Read More

Former Interim tZERO CEO Alan Konevsky is Now Executive VP, Chief Legal and Corporate Affairs Office, ICE Takes Minority Position in Firm

Alan Konevsky, tZERO’s former interim CEO, has been made Executive VP, Chief Legal and Corporate Affairs Office of the digital asset marketplace, according to a note from the firm. Last week, it was announced that David Goone, the Chief Strategy Officer of Intercontinental Exchange (NYSE:… Read More

More Than $20 Million in Crypto Donated to Ukraine, One Wallet Donated $3 Million

Crypto is shining when it comes to individuals expediting donations to Ukraine. Following Russia’s unprovoked invasion of the country, calls for donations, alongside government aid, have been posted on social media.  As has been tracked by Elliptic,  over $20 million in crypto has been donated… Read More

US Department of Treasury: Sanctions Restrict Russia’s Access to Billions Following Premeditated and Unprovoked Invasion of Ukraine

The US Department of Treasury has issued a statement today following a flurry of international actions over the weekend that sought to cut off Russia from global markets while freezing assets of certain individuals and other entities. Treasury said the actions were taken following the… Read More

Financial Technology Association Hires New VP of Membership and Development

The not-for-profit group, the Financial Technology Association (FTA) has hired Tom Davis as Vice President of Membership and Development. According to a statement distributed by the FTA, Davis brings more than a decade of experience in directing, marketing, and developing membership-based organizations to his role… Read More

Led by Octopus Ventures and Anthemis Group, Nosso Raises $2.8 Million Seed Round

Nosso, a Fintech app created to help parents invest and plan for their children’s financial futures, has raised a $2.8 million seed round led by Octopus Ventures and Anthemis. Other investors include, Entrepreneur First, Ventures Together, Errol Damelin, Tracy Doree, and Peter Hetherington. Nosso explains… Read More

ARCA Touts “Blockchain Transferred Funds” (BTFs) as Alternative to ETFs

Arca, a compliance-first digital asset platform, has distributed a white paper on Blockchain Transferred Funds or “BTFs” as an alternative to Exchange Traded Funds (ETFs). Arca states that the “finance industry is at a critical inflection point” as traditional finance (Tradfi) has not kept pace… Read More

Spanish Fintech Bnext to Issue a Token this Week

Bnext, a Spain-based Fintech, reports that it will issue a B3X token on Tuesday 1st March 2022. B3X is a utility ERC20 token hosted on the standard Ethereum Blockchain network. The funds from the token sale are expected to help Bnext scale its operations to… Read More

European Union Removes “Selected” Russian Banks from SWIFT, Central Bank of Russia Tries to Reassure Population as Putin’s Criminal War Rages On

While the humanitarian crisis grows in Ukraine and Russia’s unprovoked war rages on, the European Union (EU) announced that selected Russian banks have been removed from the SWIFT messaging system. While the names of the bank were not immediately available, any on the list will… Read More

What is SWIFT? And Why is it Important?

The Society for Worldwide Interbank Financial Telecommunication or SWIFT, is in the news quite a bit as of late as discussions are ongoing as to whether Russia should be disconnected from the platform following its unprovoked invasion of Ukraine and ongoing war terrorizing the country…. Read More

Fintech Founders Criticize UK Government as it Falls Short in Supporting Recommendations of the Kalifa Review of Fintech

It has been one year since the publication of the Kalifa Review of Fintech – a document that sought to provide a roadmap to ensure the UK’s prominence in the global Fintech ecosystem. On the anniversary of the publication, there have been multiple comments regarding… Read More

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