March 18, 2022 @ 3:15 pm By Tony Zerucha  |  

XDC Foundation announced this week that Fireblocks has launched support for the XDC Network, an enterprise-ready, open-source, hybrid blockchain protocol specializing in tokenizing trade instruments and moving them on chain, as well as its eponymous native token, XDC. The move will allow more than 1,000 of… Read More

March 18, 2022 @ 1:13 pm By Tony Zerucha  |  

GK8, an institutional-grade Cold Vault and MPC solution for custody, DeFi, staking, NFT, and tokenization support, recently added support for Tezos, a leading proof of stake blockchain protocol. The company was able to add support for Tezos token standards due to a grant from the Tezos… Read More

March 18, 2022 @ 9:14 am By Tony Zerucha  |  

Shift4, a provider of integrated payment and commerce technology, this week announced the launch of the “Caring with Crypto” campaign to raise more than $20 million for nonprofit organizations on The Giving Block, a cryptocurrency fundraising platform that Shift4 recently acquired. Shift4 CEO Jared Isaacman… Read More

March 18, 2022 @ 9:10 am By Tony Zerucha  |  

EarnUp, a San Francisco-based fintech company offering payment and data solutions for the mortgage industry, closed a $31 million Series C financing round this week. Included in this round are new strategic investors, LendingTree (NASDAQ:TREE) and KeyBank (NYSE:KEY), in addition to Bain Capital Ventures, SignalFire,… Read More

March 18, 2022 @ 9:08 am By Tony Zerucha  |  

SIMBA Chain, a chain-agnostic API development platform providing pathways to blockchain technology for cloud-based technology companies, has announced that it will integrate with Polygon, a leading platform for Ethereum scaling and infrastructure development, in efforts to further enhance blockchain technology adoption and innovation. To date, SIMBA Chain and… Read More

March 17, 2022 @ 10:58 pm By Tony Zerucha  |  

WingRiders, a native Cardano decentralized exchange, recently announced the close of its seed and private funding round with investors including Animoca Brands, Matrixport, Spark Digital Capital, Double Peak, and Bitrue. The company emerged from stealth mode in December 2021 with a fully working prototype deployed… Read More

March 17, 2022 @ 5:25 pm By Tony Zerucha  |  

Singapore Exchange-backed private market platform ADDX recently announced Oi-Yee Choo will be appointed its CEO, subject to the Monetary Authority of Singapore’s (MAS) approval. ADDX was founded in 2017 and began full commercial operations in 2020 after becoming one of the first digital securities exchanges… Read More

March 17, 2022 @ 3:00 pm By Tony Zerucha  |  

Policygenius, an insurance distribution platform, today announced the closing of $125 million of new growth capital, bringing the company’s total funding to more than $250 million. The company will use the new capital to continue to invest in the growth of its core businesses of life, disability, home,… Read More

March 17, 2022 @ 1:37 am By Tony Zerucha  |  

NOYACK Logistics Income (NLI), a REIT investing in supply chain real estate sponsored by NOYACK Capital, is now accepting cryptocurrency payments for shares via a partnership with BitPay, the companies announced this week. Investors can pay their tabs with Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH),… Read More

March 17, 2022 @ 12:55 am By Tony Zerucha  |  

Onuu, a Fintech targeting financially underserved Americans, today announced it had received $6 million in Seed A funding led by Latino-led VC Leap Global Partners, with participation from Ulu Ventures, SV LATAM Capital, Jumpstarter Ventures, Verso Capital, and Capital Factory Ventures. Pronounced “on you,” the… Read More

March 16, 2022 @ 10:54 pm By Tony Zerucha  |  

MoneyGram has agreed to pay an $8.25 million fine related to its failure to properly monitor local storefronts’ transfer activity to China. The company confirmed today it agreed to the settlement with the New York Department of Financial Services through a consent order. The company… Read More

March 16, 2022 @ 10:46 pm By Tony Zerucha  |  

Medius, a provider of source-to-pay solutions, today announced that global private equity firm Advent International has acquired a minority stake in the company. Following the deal, Marlin Equity Partners remains the firm’s majority shareholder. The terms of the transaction were not disclosed. Founded in Stockholm… Read More

March 16, 2022 @ 5:32 pm By Tony Zerucha  |  

Treehouse, a data and analytics company, today announced a US$18 million seed round raise. An undisclosed fintech investor led the round with participation from a group including Mirana Ventures, Lightspeed, MassMutual Ventures, Binance, Global Founders Capital, Jump Capital, Moonvault Capital, Wintermute, GSR, K3 Ventures, LeadBlock… Read More

March 16, 2022 @ 4:26 am By Tony Zerucha  |  

Paerpay, a contactless payment solution for restaurants, today announced that it has closed $3 million in seed funding led by MassMutual through the MM Catalyst Fund (MMCF). They were also joined by Elevate Capital, MassVentures, Techstars, The Fund, Gaingels, and Chingona Ventures. This funding round… Read More

March 16, 2022 @ 2:25 am By Tony Zerucha  |  

Insurance technology platform Socotra today announced the closing of a $50 million Series C funding round led by Insight Partners. Existing investors 8VC, Portage Ventures, Brewer Lane, MS&AD Ventures, and Nationwide Ventures also participated in this round, bringing total funds raised to date to $96 million…. Read More

March 16, 2022 @ 1:22 am By Tony Zerucha  |  

Snappt, a property technology company offering fraud detection for property managers, today announced it has secured $100 million in Series A funding, led by New York-based global private equity and venture capital firm Insight Partners. The new investment will be used to accelerate product development,… Read More

March 15, 2022 @ 10:17 pm By Tony Zerucha  |  

Rutter, a Fintech building a universal commerce API, or “Plaid for Commerce” has raised a $27M Series A financing round led by a16z. This round also includes participation from new and existing investors including Comma Capital, Basis Set Ventures, Haystack, Mischief Capital, The Chainsmokers and… Read More

March 15, 2022 @ 4:18 pm By Tony Zerucha  |  

Zitti, a payment and credit platform built for food industry management and vendors announced its launch today. The company raised an initial $4 million to grow the team and expand the capabilities of its proprietary technology. Founders Dante DiCicco (early Snap executive and restaurant owner) and Erek Benz (co-founder of CREXi and other marketplace platforms)… Read More

March 10, 2022 @ 8:15 pm By Tony Zerucha  |  

Okcoin, a cryptocurrency platform, along with the Stacks Accelerator and Stacks Foundation, today announced the launch of the Bitcoin Odyssey, a year-long pledge among venture firms to deploy $165 million collectively into solutions for accelerating bitcoin adoption. The participating firms—which include Digital Currency Group, GSR,… Read More

March 10, 2022 @ 5:53 pm By Tony Zerucha  |  

Chainalysis, a blockchain data platform, today announced the accelerated launch of two sanctions screening tools – an on-chain oracle available today and an API expected to launch next month – for the cryptocurrency industry free of charge. As countries around the world continue to leverage economic sanctions… Read More