February 22, 2022 @ 8:39 am By JD Alois  |  

Airwallex has been selected by Qantas Loyalty as the partner for its new financial services offering, Qantas Business Money, According to a statement by Airwallex, Qantas Business Money will be available in Q2 of the year to more than 350,000 small and medium-size businesses (SMEs)… Read More

February 21, 2022 @ 11:18 pm By JD Alois  |  

Amber Group, a digital asset platform based in Singapore, has raised $200 million in Series B funding at a $3 billion valuation. The funding was led by Temasek with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, Coinbase… Read More

February 21, 2022 @ 7:10 pm By JD Alois  |  

Round Here is the newest, FINRA regulated funding portal to launch to offer securities crowdfunding. A funding portal is a new entity created by the JOBS Act of 2021 that lists regulated securities from firms in need of growth capital. Funding portals will mostly raise… Read More

February 21, 2022 @ 6:34 pm By JD Alois  |  

Jambo, a Web3 “Super App” has raised $7.5 million in a seed funding round led by Coinbase Ventures with the participation of Delphi Ventures, Coinbase Ventures, 3 Arrows Capital, Alameda Research, AllianceDAO, Tiger Global, DeFiance Capital, Hashed, Polygon Studios, UOB, Signum Capital, BH Digital, Yield… Read More

February 21, 2022 @ 6:25 pm By JD Alois  |  

Trade and supply chain finance platform Demica is reporting a new milestone; more than $20 billion in funding outstanding. According to Demica, its relationships with top banks and corporates have fueled its rapid growth enabling it to capture a good percentage of the over $130… Read More

February 21, 2022 @ 6:15 pm By JD Alois  |  

SKAEL has raised $38 million in Series A funding, led by RTP Global, according to a company statement. SKAEL is a digital platform designed to support firms using digital employees by automating services, saving money. The funding was led by RTP Global with participation from… Read More

February 21, 2022 @ 4:17 pm By JD Alois  |  

Smart Lenders AM has announced the launch of the Lending Smart Fund 1, a debt fund targeting European platforms. In a public statement, Smart Lenders said that in Europe, apart from consumer and SMBs loans, the market is composed of new niches, like fractional payments… Read More

February 21, 2022 @ 3:37 pm By JD Alois  |  

On the one-year anniversary of the Kalifa Review of Fintech, 70 Fintech leaders have published an open letter in support of the industry demanding the UK government do more to promote and support innovative financial services. The Kalifa Review was designed to be a roadmap… Read More

February 21, 2022 @ 10:56 am By JD Alois  |  

Groundfloor, a real estate investment marketplace catering to both non-accredited and accredited investors, has announced $118 million in new capital. The cash is divided up between $100 million in debt capital provided by Medipower, $5.8 million in equity from Medipower, along with $7.2 million in… Read More

February 21, 2022 @ 9:32 am By JD Alois  |  

This is an interesting factoid. In a tweet, Funderbeam noted that Estonia claims the title of having the highest number of unicorns, per capita, in the world. 🦄 Estonia might soon have its 10th unicorn and already has the highest number of unicorns per capita… Read More

February 20, 2022 @ 6:33 pm By JD Alois  |  

Are you interested in investing in wine? Art? Sports memorabilia? If you are, StartEngine is offering a wide range of alternative investments beyond debt and equity. If you are looking for some diversification into physical assets (unlike non-fungible tokens), StartEngine has been building out its… Read More

February 20, 2022 @ 2:11 pm By JD Alois  |  

Writing in advance of President’s Day, Competitive Enterprise Institute (CEI) Senior Fellow John Berlau posits an interesting opinion. Berlau, a frequent commentator on policy that impacts financial services, says George Washington, the first US President and Revolutionary War hero, would have likely had “a fondness… Read More

February 20, 2022 @ 11:57 am By JD Alois  |  

OpenSea is in the midst of figuring out an attack on its platform that appears to be a phishing scheme according to tweets by the company and its CEO. At some point yesterday, OpenSea stated that a phishing scam had caused 32 users to sign… Read More

February 19, 2022 @ 6:43 pm By JD Alois  |  

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$8.3 million into Chronicled. Chronicled is a firm that leverages blockchain technology to enable automation, trust, and automatic settlement for inter-company transactions specifically in the Life Sciences and Healthcare industry. Chronicled aims to solve challenges… Read More

February 19, 2022 @ 2:30 pm By JD Alois  |  

A new report by Telstra Ventures highlights how the tech hub ecosystem is changing. The US has long been a hotbed of entrepreneurship and innovation with early-stage firms establishing dominant hubs in locations like the San Francisco Bay Area and New York City. But COVID… Read More

February 19, 2022 @ 1:29 pm By JD Alois  |  

BitMEX, a crypto derivatives exchange that will soon launch spot trading, has posted 5 predictions as to how crypto will change the world. In summary, this is what BitMEX anticipates will happen in 2022. First, more women will embrace crypto as currently, women make up… Read More

February 18, 2022 @ 12:40 pm By JD Alois  |  

The Federal Open Market Committee has announced new restrictions on senior Fed officials in regards to investing and trading activities. According to a statement by the Fed, under the new rules, senior Federal Reserve officials are prohibited from purchasing individual stocks or sector funds, holding investments… Read More

February 18, 2022 @ 11:42 am By JD Alois  |  

SIM Swap fraud has been prevalent for years now targeting both traditional financial services as well as crypto investments. The scam is where a criminal hijacks your mobile phone by using a new SIM card affiliated with your phone number. Once accomplished, two-factor authentication goes… Read More

February 18, 2022 @ 9:47 am By JD Alois  |  

Fintech, or financial technology, is a hot sector of investing and innovation in general. All financial services are going through an extended period of disruption as digital replaces analog and startups and early-stage ventures challenge incumbents. In our opinion, this transition is a multi-decade event… Read More

February 18, 2022 @ 8:55 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) and People’s Bank of China (PBoC) have announced that they are accepting applications from financial institutions and Fintechs for conducting pilot trials of cross-boundary fintech initiatives in the Greater Bay Area (GBA). The Greater Bay Area Fintech Pilot Trial… Read More