January 7, 2022 @ 9:13 am By JD Alois  |  

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

January 6, 2022 @ 6:42 pm By JD Alois  |  

CoinSmart (NEO: SMRT) (FSE: IIR), one of the first approved crypto exchanges in Canada, says revenue hit a record amount of $1.94 million in November. CoinSmart Financial Inc., a publicly-traded firm, said preliminary unaudited monthly revenue in November 2021 represents a 7% increase compared to… Read More

January 6, 2022 @ 5:44 pm By JD Alois  |  

Last month, Equifax announced that it was incorporating buy now, pay later (BNPL) data in their credit files. Industry sibling Experien has already been adding at least some data to their files. BNPL has risen in popularity due to its growing accessibility and lower cost… Read More

January 6, 2022 @ 5:00 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges regarding allegations of a fraudulent initial coin offering (ICO). According to the SEC, Crowd Machine, Inc. and Metavine, Inc., allegedly sold unregistered digital asset securities. The SEC also charged Craig Spoule, an Australian citizen, as orchestrating… Read More

January 6, 2022 @ 2:56 pm By JD Alois  |  

LendingClub (NYSE:LC) is exiting the yacht lending sector. While most people were probably unaware that Lendingclub provided loans for boats, the digital bank announced this week that yacht lending will no longer be a part of their business. In a blog post, LendingClub CEO Scott… Read More

January 6, 2022 @ 9:29 am By JD Alois  |  

Payments Fintech Wirex has added another stablecoin to its platform. According to Wirex, XSDG, a Singapore dollar backed stablecoin is now available alongside other popular stablecoins. Currently, Wirex offers six stablecoins; STASIS EURO (EURS), True (TUSD), USD Coin, (USDC), Tether (USDT), USDP, and now XSGD…. Read More

January 6, 2022 @ 8:47 am By JD Alois  |  

BitMEX, a crypto derivatives exchange, has enlisted the help of Tokeny to support its forthcoming BMEX token launch. BitMEX is using the BMEX airdrop to incentivize new users and recently announced adding over 50,000 new users to its platform. Alexander Höptner, CEO of BitMEX, said… Read More

January 6, 2022 @ 12:24 am By JD Alois  |  

Remilk, a creator of milk without the cows, has raised an oversubscribed $120 million in Series B funding. The additional capital is expected to enable Remilk to scale production of “dairy-identical milk protein” for commercial use by manufacturers in traditionally dairy-based products including cheeses, yogurt,… Read More

January 5, 2022 @ 10:56 pm By JD Alois  |  

Radar Payments by BPC has been by Red Dot Payment (RDP), an e-commerce service focused primarily on serving the e-commerce and hospitality verticals. According to a release, RDP has selected the Fraud Risk Management and Prevention solutions delivered as a SaaS model. RDP was founded… Read More

January 5, 2022 @ 6:41 pm By JD Alois  |  

Ian Miles Cheong, an independent journalist who is active on Twitter and writes for the Post Millennial, has been banned by PayPal (NASDAQ:PYPL), allegedly due to his political beliefs. Cheong currently has almost 300,000 Twitter followers and frequently comments on current events in the political… Read More

January 5, 2022 @ 3:15 pm By JD Alois  |  

BTCS (NASDAQ:BTCS) says it will pay a dividend in Bitcoin calling it a “Bividend.” The company has created a website called Bividend to explain the distribution. BTCS’s market cap currently stands around $47 million. BTCS states that it intends to pay $0.05 per share in… Read More

January 5, 2022 @ 2:35 pm By JD Alois  |  

Modern Treasury, a Fintech powering payments as well as other services, has announced that it is now supporting Goldman Sachs and HSBC clients. According to an update posted today, Modern Treasury said: “We have now added support for HSBC customers in the United Kingdom. We… Read More

January 5, 2022 @ 11:15 am By JD Alois  |  

BitMEX, a crypto derivatives exchange that expects to launch a spot market later this year, says it has added 50,000 new users following the launch of the BMEX token on December 21, 2021. BitMEX is using the airdrop to incentivize new users following a challenging… Read More

January 5, 2022 @ 9:56 am By JD Alois  |  

Baanx has received regulatory approval to provide crypto asset services by the UK Finacial Conduct Authority (FCA). Baanx is registered as a crypto asset business under the Money Laundering, Terrorist Financing, and Transfer of Funds (Information of the Payer) Regulations 2017 (MLR 2017). Baanx is… Read More

January 5, 2022 @ 9:39 am By JD Alois  |  

INX Limited (INX ATS: INX) has acquired Tokensoft Transfer Agent LLC, an SEC-registered transfer agent owned by Tokensoft Inc. The terms of the deal were not disclosed. INX Limited is a digital asset trading platform that aims to bridge crypto and traditional assets. The regulatory-compliant… Read More

January 4, 2022 @ 5:52 pm By JD Alois  |  

The People’s Bank of China has commented on the country’s “Fintech Development Plan” (2022 to 2025). The PBC states that the plan is formulated in accordance with the “Fourteenth Five-Year Plan for National Economic and Social Development of the People’s Republic of China and the… Read More

January 4, 2022 @ 4:35 pm By JD Alois  |  

2021 came and went without Bitcoin hitting $100,000 in value as certain pundits predicted. In fact, Bitcoin ended the year on a bit of a down note having topped at around $68,000 this past fall now trading at around $46,000. Bitcoin is, of course, the… Read More

January 4, 2022 @ 2:27 pm By JD Alois  |  

Zen.com, a licensed electronic money institution regulated by the Central Bank of Lithuania (but based in Poland), has announced fiat to digital asset conversions, along with the transfer of fiat to any digital wallet accepting BTC, ETH, or USDT (ERC-20). Zen states there are more… Read More

January 4, 2022 @ 10:41 am By JD Alois  |  

Metaversal has announced a $50 million Series A funding round led by CoinFund and Foxhaven Asset. Metaversal states that round was oversubscribed and also includes participation from Collab+Currency, Dapper Labs, Digital Currency Group, Franklin Templeton, Galaxy Vision Hill, Narwhal Ventures, NGC Ventures, Rarible, Rockaway Blockchain… Read More

January 3, 2022 @ 5:02 pm By JD Alois  |  

The Connecticut Green Bank is issuing a “Green Bond” on FINRA regulated funding portal Raise Green. The securities offering is being pursued using the Reg CF securities exemption. The debt offering is seeking up to $250,000 with a 1.00% Annual Interest Rate. Investors must commit… Read More