June 4, 2021 @ 11:48 am By JD Alois  |  

Capchase, Fintech that provides non-dilutive capital for revenue-generating companies, has closed on a $125 million Series A funding round. Once again, the funding was led by key Fintech VC QED investors. Other investors include Bling Capital, ScifiVC, and Caffeinated Capital, along with several angels. According… Read More

June 4, 2021 @ 10:38 am By JD Alois  |  

Esports firm TSM has announced a $210 million, multi-year partnership deal split between FTX Trading Limited and West Realm Shires Services Inc, owners and operators of FTX.com and FTX.US.  FTX has now secured exclusive naming rights for TSM, which will now be known as ‘TSM… Read More

June 4, 2021 @ 10:26 am By JD Alois  |  

Top auction house Sotheby’s has opened its “first-ever virtual gallery” utilizing Decentraland, according to a note from the company. Decentraland states that Sotheby’s occupies a “prime location in Decentraland’s Voltaire Art District.” The digital gallery is a replica of the auction house’s New Bond Street… Read More

June 4, 2021 @ 8:45 am By JD Alois  |  

CrowdProperty is reporting that May was a record month for the property investment platform. According to CrowdProperty, the platform lent a total of £8,320,000 while paying back a total of £7,520,000 and receiving a total of £285,000,000 of funding applications from SME property professionals during… Read More

June 3, 2021 @ 7:45 pm By JD Alois  |  

The House Committee on Financial Services has announced its agenda for the month of June. While always subject to change, several hearings should be of note to the Fintech community. First, the Task Force on Fintech (Financial Technology) has scheduled a hearing entitled, “Digitizing the… Read More

June 3, 2021 @ 7:29 pm By JD Alois  |  

In a press briefing today, a senior Biden administration official speaking on background discussed initiatives regarding the ongoing fight against corruption. The administration is “formally establishing the fight against corruption as a core national security interest of the United States” while seeking to “bring additional… Read More

June 3, 2021 @ 1:00 pm By JD Alois  |  

Last month it was widely reported that Binance, the largest cryptocurrency exchange in the world, was under investigation by US authorities. Both the US Department of Justice (DOJ) and the Internal Revenue Service (IRS) were said to be scrutinizing the activity of the digital marketplace…. Read More

June 3, 2021 @ 10:42 am By JD Alois  |  

Following the Abraham Accords, initiated by the Trump administration that saw the normalization of relations between the UAE and Bahrain, OurCrowd – a top global early-stage investment platform, moved quickly to announce relations with middle east gr0ups. After quietly working behind the scenes for years,… Read More

June 3, 2021 @ 8:25 am By JD Alois  |  

Dutch payments Fintech Recharge.com has expanded its services in the Middle East. Headquartered in Amsterdam, the Fintech specializes in digital gift and prepaid cards for local and global brands like Netflix, Spotify, and Xbox. Recharge is now operating in the Kingdom of Saudi Arabia and… Read More

June 2, 2021 @ 11:07 pm By JD Alois  |  

LendInvest, a top property finance platform, has announced several changes to its Buy-to-Let (BTL) suite, including the launch of new pay rate products and a repricing of its standard BTL range and Small HMO’s.  According to a note from the company, LendInvest has introduced two… Read More

June 2, 2021 @ 9:52 pm By JD Alois  |  

Payments Fintech Checkout.com has announced the hire of JP Morgan cybersecurity expert Adrian Asher as Chief Information Security Officer (CISO) and head of cloud architecture, according to a note from the company. As shared by the company, Asher led global cybersecurity identity in the cloud for… Read More

June 2, 2021 @ 9:08 pm By JD Alois  |  

Volt, an Australian digital banking service, has partnered with Australian Finance Group Ltd (ASX:AFG) – a large mortgage aggregator. The partnership with Volt is a significant sign of confidence for the emerging Fintech. Simultaneously, Volt has extended its Series E funding round. According to a… Read More

June 2, 2021 @ 3:36 pm By JD Alois  |  

Chronicle, a “next-generation” NFT platform, has raised $3.2 million in seed funding for a “fan-focused digital collectible’s platform” expected to launch at some point this summer. Chronicle is co-founded by a former Jurassic park team member, Tim Glover, who was the creator of fan experiences… Read More

June 2, 2021 @ 10:58 am By JD Alois  |  

INX Limited has announced a partnership with GMO-Z.com Trust Company, Inc. The collaboration aims to offer the world’s first regulated stablecoin backed by the Yen or GYEN and made available to both retail and institutional customers. INX will also be integrating GMO Trust’s USD-backed stablecoin,… Read More

June 2, 2021 @ 10:36 am By JD Alois  |  

The Falkensteiner hotel group and online capital formation platform Finnest are partnering once again to raise capital for the hotel chain. Finnest, based in Austria, is a debt and equity crowdfunding platform that claims to be the largest in the Nordic region following its merger… Read More

June 2, 2021 @ 7:57 am By JD Alois  |  

Revolut Business has added Clear Books accounting software integration. New subscribers to the service will receive a  discount off of the software. Revolut states that the integration is part of its Open Banking framework with the functionality embed into the application. Revolut says the booming… Read More

June 1, 2021 @ 11:00 pm By JD Alois  |  

Flexiti, a point of sale lender, has announced that following a new agreement it is now the largest point of sale lender in Canada. Announced in a corporate release, Flexiti said that it has become the exclusive Fintech lender with the LFL Group (TSX: LNF)… Read More

June 1, 2021 @ 12:00 pm By JD Alois  |  

Envestors is a unique online investment platform operating in the UK that bridges the crowdfunding market with a white-label service. Envestors also operates a “private investment club” that lists offerings for sophisticated investors. Since its launch, Envestors reports over £112 million raised for early-stage ventures. To… Read More

June 1, 2021 @ 11:13 am By JD Alois  |  

Leading Fintech SoFi (NASDAQ:SOFI) has successfully listed on the Nasdaq as part of a SPAC deal with Chamath Palihapitiya’s Social Capital Hedosophia Holdings Corp. V. SoFi was valued at $8.65 billion post-money and the deal is expected to provide up to $2.4 billion in cash… Read More

June 1, 2021 @ 10:26 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the largest digital asset exchange in the US, will enable Coinbase Cardholders to incorporate the card onto both Apple Pay and Google Pay – starting this week. According to a blog post, Coinbase is inviting “select customers” to utilize the new feature while… Read More