February 24, 2022 @ 3:03 pm By Tony Zerucha  |  

Chainalysis, a blockchain data platform, today announced BNY Mellon, the world’s largest asset servicer, will be the first global systemically important bank to utilize its compliance software as part of their risk management program. This integration will form a component of BNY Mellon’s strategy to develop… Read More

February 24, 2022 @ 2:58 pm By Tony Zerucha  |  

Proptech startup Piñata, a rewards and credit building membership program for renters, announced today it has raised $13 million in Series A funding led by real estate- and proptech-focused venture firm Wilshire Lane Capital. “We’re thrilled to be partnering with Wilshire Lane Capital. This is a heavy-hitting team… Read More

February 24, 2022 @ 2:55 pm By Tony Zerucha  |  

Blockchain infrastructure provider InfStones today announced the close of $33 million in Series B financing from Susquehanna International Group (SIG), Dragonfly Capital, Qiming Venture Partners, DHVC, A&T, INCE Capital, and Value Internet Fund. InfStones previously raised $12 million in seed and Series A financing, bringing the company’s total funding… Read More

February 24, 2022 @ 12:05 pm By Tony Zerucha  |  

Promise, a company that helps users pay off debts, has raised a $25 million Series B round, the company confirmed today. The deal values the company at north of $520 million. The company’s technology allows people to pay bills issued by governments and utilities in… Read More

February 24, 2022 @ 8:53 am By Tony Zerucha  |  

TreviPay, a global financial technology company, has acquired Baton Financial Services, a technology company that has built a B2B invoice payments network. To meet the trade credit needs of small businesses, Baton’s payments network has enabled the delivery of structured financial services in partnership with… Read More

February 24, 2022 @ 8:20 am By Tony Zerucha  |  

Nexi, a European Paytech firm, and Fipe, an association representing businesses in the hospitality, tourism and entertainment industry, have signed a strategic agreement with the aim of supporting the relaunch of the over 300,000 Italian companies in the sector, which has been among the hardest… Read More

February 23, 2022 @ 4:25 pm By Tony Zerucha  |  

The Financial Health Network this week released Financial Health Pulse Points data from Q4 2021. The analysis shows sample account balances declined by an average of $1,500 over the fourth quarter, double the $750 recorded in the same quarter of 2020. Average fourth quarter account balances… Read More

February 23, 2022 @ 4:19 pm By Tony Zerucha  |  

PDX Coin, a utility-based cryptocurrency that includes an in-development global crypto-to-fiat mobile payments app, announced this week it will commence trading on both the Uniswap decentralized exchange and on XT.com, beginning today. Currently, PDX trades on p2pb2b.io and Vindax. Uniswap is the world’s biggest decentralized… Read More

February 22, 2022 @ 10:48 pm By Tony Zerucha  |  

Police in India have arrested 11 people related to a cryptocurrency scam which has so far seen $5.4 million stolen from around 2,000 investors. Seven of those people arrested were taken in Sunday in Maharashtra’s Nagpur. The alleged ringleader is Nishid Wasnik, who was arrested… Read More

February 22, 2022 @ 8:04 pm By Tony Zerucha  |  

Payments Network Malaysia (PayNet) has launched the Fintech ePayment Accelerator Programme, an initiative that aims to support and advance startups focused on the digital payments sector in and around Malaysia. The three-month initiative focuses on ideas and solutions that can help accelerate the adoption of… Read More

February 22, 2022 @ 6:45 pm By Tony Zerucha  |  

Weavr, a UK-based company providing businesses with plug-and-play financial solutions, this week announced the close of a $40 million Series A funding round led by Tiger Global. Additional backers included Mubadala Capital, LocalGlobe’s growth stage Latitude Fund and past Weavr backers QED Investors, Anthemis and Seedcamp…. Read More

February 22, 2022 @ 5:41 pm By Tony Zerucha  |  

Fans of the NFL’s Denver Broncos have a chance to own a piece of the team, and pay for it in cryptocurrency if the leader of a new movement gets his way. According to a report from the Denver ABC affiliate attorney Sean O’Brien is… Read More

February 22, 2022 @ 3:30 pm By Tony Zerucha  |  

The United Kingdom’s Financial Conduct Authority (FCA) has appointed two people to serve as special administrators over Xpress Money Services after courts issued a special administrative order. David Hudson and Philip Reynolds of FRP Advisory have been appointed as joint special administrators. Xpress is an… Read More

February 22, 2022 @ 11:29 am By Tony Zerucha  |  

TORA, a cloud-based technology provider that supports customers trading multiple asset classes across global markets has been purchased by the London Stock Exchange Group in a $325 million deal, it was announced this week. Following completion, TORA will be part of the exchange’s data and… Read More

February 22, 2022 @ 8:30 am By Tony Zerucha  |  

Securitize, the digital asset securities firm, today announced its acquisition of Pacific Stock Transfer.  With more than 1.2 million investor accounts and north of 3,000 private and publicly traded clients, Securitize said it is now one of the top 10 largest stock transfer agencies in… Read More

February 21, 2022 @ 8:45 am By Tony Zerucha  |  

Galileo, a Fintech payments company, recently shared a series of predictions for the trends that will shape payments in 2022. The payments space was undoubtedly influenced by the COVID-19 pandemic, with innovation accelerated out of necessity and towards a more human-oriented and connected finance industry…. Read More

February 18, 2022 @ 8:14 am By Tony Zerucha  |  

It’s no secret the process of how we pay for goods and services is changing before our eyes and the latest IDC InfoBrief commissioned by Episode Six speculates on what the future will look like. In 2030 they expect 74 per cent of global consumer… Read More

February 18, 2022 @ 12:20 am By Tony Zerucha  |  

Aliaswire, a provider of digital payment and credit solutions for businesses and banks, today announced it has integrated its DirectBiller payment platform with Mastercard Bill Pay Exchange. Businesses using the DirectBiller platform can now offer an enhanced billing and payment experience to consumers who prefer… Read More

February 17, 2022 @ 7:15 pm By Tony Zerucha  |  

Nanonets, an AI-based document workflow automation platform, today announced a $10 million Series A round led by Elevation Capital. The funds will be used to expand Nanonets’ engineering and AI/ML teams as well as hyper-scale its operations and go-to-market teams in new geographies. “The Series… Read More

February 17, 2022 @ 2:17 pm By Tony Zerucha  |  

Pindrop’s Voice Intelligence and Security Report 2021 provides detailed evidence of how fraudsters have shifted strategies during the COVID-19 pandemic. Prior to 2020 call centers typically saw fraud rates of one out of every 770 calls, but in 2020 the ratio rose to one out… Read More