August 24, 2021 @ 11:16 am By Tony Zerucha  |  

Mergers and acquisition activity in the tech space has been predicted to increase and there are no figures to back that up. Data from PitchBook, part of Velocity Global’s Cross-Border M&A Monitor: Tech Sector, showed cross-border merger and acquisition volume surged in the first six… Read More

August 23, 2021 @ 1:29 pm By Tony Zerucha  |  

Community-governed decentralized exchange (DEX) EmiSwap today began listing its $ESW token on BitMart. EmiSwap features multi-blockchain interoperability, a distribution of all decentralized autonomous organization (DAO) fees, and an NFT-based community loyalty program. In addition to BitMart, $ESW is also listed on Ignition and Mantra DAO,… Read More

August 22, 2021 @ 7:19 pm By Tony Zerucha  |  

Technicorum Holdings, an IT and service group specializing in digital assets, today announced Gennix, a microlending protocol aimed at reducing financial inequality on the blockchain, is now live and has listed the $GNNX token on KingSwap and PancakeSwap. “We’re thrilled to finally launch the full… Read More

August 22, 2021 @ 6:36 pm By Tony Zerucha  |  

Fintech entrepreneurs are using new technologies to generate profit catering to extremely unique niches, even barbershops. Squire Technologies, a financial management and point of sale system software provider specifically focused on barbershops, has teamed with Bond Financial Technologies, an enterprise-grade platform for embedded finance, to… Read More

August 22, 2021 @ 3:07 pm By Tony Zerucha  |  

Account-to-account payment tech GoCardless is partnering with Piano, a global analytics and activation platform, to help publishers and brands market, sell and fulfill premium content offerings. Piano’s commerce engine will be integrated with the GoCardless bank debit network, enabling subscription-based businesses to offer end users… Read More

August 22, 2021 @ 2:34 pm By Tony Zerucha  |  

Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced plans to create a decentralized autonomous organization (DAO) for DeFi and Web3. Polygon proposes the DAO to bootstrap DeFi growth and help onboard the next 100 million users to its… Read More

August 22, 2021 @ 2:31 pm By Tony Zerucha  |  

An analysis of European interest rates by Raisin DS shows what you earn depends on where you live. The average rate in Germany hit a recent low of -0.04 per cent, according to the ECB. The Spanish see a meager 0.01 per cent but the… Read More

August 20, 2021 @ 4:25 pm By Tony Zerucha  |  

Digital asset data provider CryptoCompare today released its updated Exchange Benchmark, revealing the best cryptocurrency exchanges based on a comprehensive methodology assessing counterparty, operational, trading and security risks. The report ranks more than 150 global spot exchanges and assigns AA – E grades to help… Read More

August 20, 2021 @ 3:16 pm By Tony Zerucha  |  

DriveWealth Holdings, a provider of fractional trading and embedded finance, this week announced a $450 million Series D with a valuation of $2.85 billion, co-led by New York-based global private equity and venture capital investors Insight Partners and Accel, with significant participation by Greyhound Capital,… Read More

August 20, 2021 @ 3:01 pm By Tony Zerucha  |  

DeFi platform Coinchange this week launched early access to their High Yield Account, which allows users to earn passive income on deposited crypto. The High Yield Account generates earnings for users by funding liquidity pools. dApps charge fees for every exchange made using those pools,… Read More

August 20, 2021 @ 2:57 pm By Tony Zerucha  |  

The Canadian government has released its report into open banking. Final Report: Advisory Committee on Open Banking is available here. The vision for a Canadian system should be governed by six outcomes: consumer data is protected; consumers are in control of their data; consumers receive… Read More

August 20, 2021 @ 12:20 pm By Tony Zerucha  |  

Retail finance platform Deko this week acquired technology services provider Imegamedia in order to expand its service offering and integration experience. The deal, which includes the complete acquisition of Imegamedia Services and TrueInnovation, will enhance Deko’s integration service and hopefully, drive future growth. Deko will… Read More

August 20, 2021 @ 11:56 am By Tony Zerucha  |  

Peruvian fintech B89 this week became the newest node operator on Polymesh, a permissioned blockchain purpose-built by Polymath specifically for regulated assets. It is currently in testnet phase with mainnet launch anticipated for later this year. Polymesh said most public blockchains are insufficient at meeting… Read More

August 19, 2021 @ 6:21 pm By Tony Zerucha  |  

July proved to be a turbulent month for cryptocurrencies in Latin America, the authors of a research note from Blockchain Intelligence Group discovered. While Mexico at one point looked poised to regulate crypto, they instead went in the opposite direction by banning its use by… Read More

August 19, 2021 @ 3:09 pm By Tony Zerucha  |  

European loan marketplace Mintos has secured investment firm and electronic money institution licenses from the Latvian regulator Financial and Capital Market Commission (FCMC). Investors on Mintos have funded close to €7 billion in loans which are issued by more than 90 alternative lending companies to… Read More

August 19, 2021 @ 12:15 pm By Tony Zerucha  |  

Credit cards may be losing their dominant position as a preferred spending mechanism, the results of a new survey by account-to-account payment services company GoCardless suggests. The company teamed with Propeller Insights to survey more than 1,000 American adults about their payment preferences. A Clear… Read More

August 19, 2021 @ 11:28 am By Tony Zerucha  |  

South African cryptocurrency exchange OVEX, which specializes in over-the-counter (OTC) trading, this week announced a partnership with P2P Fintech Paxful. As part of the agreement, Paxful’s customers will be able to utilize OVEX’s Direct Transfer to Bank mechanism, which allows them to instantly convert their… Read More

August 19, 2021 @ 7:50 am By Tony Zerucha  |  

Wallfair and Polygon have launched their MVP 1.1 platform, offering streamers another way to maximize value through content creation.  Phase one saw Wallfair host a live event by giving first round testers the ability to highlight issues and potential feature aspects of the platform. Information… Read More

August 18, 2021 @ 9:48 pm By Tony Zerucha  |  

While Poly Network may have escaped some of the worst of the damage from its recent security breach, there are questions it still must answer, AnChain.AI founder and CEO Dr. Victor Fang said recently. Fang said it appears the hack was caused by the exploitation… Read More

August 18, 2021 @ 8:50 pm By Tony Zerucha  |  

Bank Cartel Claims Europe (BCCE), a joint-venture of law firm Grantley Sinclair LLP and litigation finance firm Commercial Damages Claims Limited this week announced a $12 million funding round for its dedicated litigation finance fund, the Bank Cartel Claims Fund (BCCF). The fund provides institutional… Read More