January 27, 2022 @ 12:35 pm By Tony Zerucha  |  

UBS has agreed to buy automated wealth management provide Weathfront for an all-cash price of $1.4 billion, the companies confirmed this week, In a statement, UBS said it will use the acquisition to expand its presence in the United States, including to more affluent investors…. Read More

January 27, 2022 @ 9:00 am By Tony Zerucha  |  

The HBAR Foundation, an organization helping to foster the development of Hedera Hashgraph through the provision of grants and resources to founders and developers, and leading crypto VC Outlier Ventures today announced the upcoming launch of the Hedera Base Camp, an accelerator program for early-stage… Read More

January 26, 2022 @ 8:49 pm By Tony Zerucha  |  

Cactus Custody, an institutional custodian solution powered by Matrixport, today announced it is a MetaMask Institutional (MMI)-integrated custodian able to support MMI’s multi-chain capabilities and all Ethereum Virtual Machine-compatible chains. This feature, called DeFi Connector, and offered by Cactus Custody, allows institutional clients to connect with decentralized finance… Read More

January 26, 2022 @ 4:56 pm By Tony Zerucha  |  

Polygon’s hopes for Polygon Studios got a major boost this week as they added a former YouTube executive to lead its efforts. Ryan Wyatt is leaving the video service after more than seven years to run Polygon Studios, where he will focus on growing its… Read More

January 26, 2022 @ 12:26 am By Tony Zerucha  |  

Pencilton, a teen-focused Fintech startup based in India, recently launched PencilCard, a debit card that is compliant with National Common Mobility Card standards. It has been launched in partnership with Transcorp. The National Common Mobility Card was developed by India’s Ministry of Housing and Urban… Read More

January 25, 2022 @ 11:18 pm By Tony Zerucha  |  

Several geopolitical and macroeconomic factors are behind the crash in cryptocurrency prices to begin 2022, two industry watchers believe. For Eli Ndinga, a research lead at cryptocurrency issuer Amun, the crash, at least in the short term, can be correlated with macroeconomic events such as… Read More

January 25, 2022 @ 10:22 pm By Tony Zerucha  |  

Everest, a Fintech company with blockchain solutions for identity verification, eKYC, crypto custodianship, and financial services, this week announced an integration with Polygon, a leading platform for Ethereum scalability and infrastructure development. By making its EverChain fully interoperable with Polygon PoS chain, Everest brings its… Read More

January 25, 2022 @ 9:06 pm By Tony Zerucha  |  

Viva Wallet, a European cloud-based payments fintech company, is selling a 49 per cent stake to JPMorgan (NYSE:JPM). The financial terms of the transaction were not disclosed. Founded in 2000, Viva Wallet is headquartered in Athens, Greece, and focuses on serving SMBs in 23 countries…. Read More

January 25, 2022 @ 8:34 pm By Tony Zerucha  |  

Growth Capital Ventures has led a £150,000 seed investment round into n-gage.io, a technology company using data to influence how audiences engage and experience leisure, visitor, and sporting attractions. Growth Capital Ventures is an online capital formation platform that enables private investors to invest in… Read More

January 25, 2022 @ 3:14 pm By Tony Zerucha  |  

Digital currency investment firm Grayscale has updated its list of assets under consideration, and some of the new entrants are Bancor, BitTorrent, Decred, Elrond, and Oasis Network. Such assets are not currently included in a Grayscale investment product, bit could be in the future, the… Read More

January 25, 2022 @ 10:56 am By Tony Zerucha  |  

Latin American Fintech Creditas today confirmed a $260 million Series F financing round, leaving it with a valuation of $4.8 billion. The company raised $829 million across six fundraising rounds. Fidelity joins as a new key shareholder along with Actyus  (a Spanish fintech investment fund)… Read More

January 24, 2022 @ 10:37 pm By Tony Zerucha  |  

Digital currency Decred (DCR) has added post-quantum secure mixing to Stakeshuffle, its opt-in privacy system, the company said today. The release of Decred v1.7 provides protection for privacy of mixed coins against quantum computers, a move it claims is an industry first. Decred v1.7 also… Read More

January 21, 2022 @ 9:49 pm By Tony Zerucha  |  

Nymbus, a provider of banking technology solutions, is partnering with Iroquois Federal to launch and grow the full operations of its new standalone digital brand, Hitched. An FDIC-insured institution headquartered in Watseka, Ill., Iroquois Federal has served its local community for more than 135 years… Read More

January 21, 2022 @ 9:18 pm By Tony Zerucha  |  

Financial Software and Systems (FSS), a global provider of integrated payments and payments processing, this week announced its collaboration with YAP, the United Arab Emirates’ (UAE) first independent digital banking platform, to deliver digital-first card experiences to consumers in the Middle East and Africa. YAP… Read More

January 21, 2022 @ 7:38 pm By Tony Zerucha  |  

Digital River, a global commerce service provider, this week announced an expansion of its cross-border services to new geographies in the APAC region. This solution offers a single integration to enable brands to ship from 249 markets worldwide using their existing supply chain, or Digital… Read More

January 21, 2022 @ 6:12 pm By Tony Zerucha  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have responded to a recent spike in SMS phishing scams by introducing stricter security measures, they announced this week. The MAS said it expects all financial institutions to have “robust measures”… Read More

January 21, 2022 @ 5:16 pm By Tony Zerucha  |  

FV Bank this week announced its strategic investment in DIRO, developers of the Original Documents Online technology. DIRO’s platform provides financial institutions, payment providers, crypto companies, and other enterprises with the ability to verify any person or document directly from the original trusted online source… Read More

January 21, 2022 @ 5:05 pm By Tony Zerucha  |  

Nahmii, a layer two scaling protocol for the Ethereum blockchain, this week announced a startup accelerator designed to bolster the Nahmii developer community and ecosystem. SkunkDAO is a Web3 incubator that allows Nahmii’s developer community to convert their ideas into real-world form and function projects…. Read More

January 21, 2022 @ 12:58 pm By Tony Zerucha  |  

Mastercard users will soon be able to use their plastic to buy NFTs on Coinbase’s upcoming NFT marketplace, the two companies announced this week. Coinbase had announced Coinbase NFT in October of 2021. “Our mission at Coinbase is to increase economic freedom in the world,”… Read More

January 21, 2022 @ 12:56 pm By Tony Zerucha  |  

Personetics, a provider of financial-data-driven personalization and customer engagement solutions for banks and financial services providers, this week announced it has raised $85 million in growth funding from Thoma Bravo, a software investment firm. The sum adds to the more than $160 million the company… Read More