Tony Zerucha

Vyne: 40% of Shoppers Abandon Carts With Poor Payment Process

A new report by payments platform Vyne suggests 40 per cent of shoppers are ditching websites with poor payments processes. Retail payments reinvented: how consumer demand is changing explores online payments preferences of 2,002 British consumers surveyed by Vyne following a 43 per cent rise… Read More

MetaVRse, HBAR Foundation Strike Partnership to Build Metaverse Solutions on Hedera

The HBAR Foundation and MetaVRse, a web-based, low-code 3D creation platform, today announced a partnership to build Metaverse solutions for the world’s largest organizations on the Hedera Network. The creation of the Metaverse will require tools that are easy to use and accessible, and MetaVRse… Read More

Tarabut Gateway, Zain Bahrain Unite to Offer Open Banking Payments in Telco App

MENA open banking platform Tarabut Gateway this week announced a partnership with Zain Bahrain to provide the region’s first use case of open banking payments within a telco app. The companies said this is the first time a regional telecom provider has used open banking… Read More

GP Stakes Strategies Could Generate 15% Annual Cash Yield: Yieldstreet

Yieldstreet this week announced a new private equity strategy that offers retail investors the opportunity to gain exposure to direct equity investments in alternative asset managers. In a statement, Yieldstreet said an alternative asset manager, such as a private equity firm, is itself a business,… Read More

COP26 Scepticism Exposed in PensionBee Survey

New research from online pension provider PensionBee has found 88 per cent of Brits don’t feel confident about the key agreements that arose from COP26. In the weeks since the UK hosted world leaders for the 26th United Nations Climate Change Conference (COP26), PensionBee discovered… Read More

MAS Reportedly OKs Nityo’s $100M MatchMove Investment 6 Months Later

The six-month wait was worth it. The Monetary Authority of Singapore (MAS) has reportedly approved Nityo Infotech’s $100 million investment in MatchMove, a Singapore-based digital payments and banking fintech. The assent of the deal, which was originally agreed to in early summer, was reported by… Read More

Canadian Banks Can Fight $3B Fraud Problem With Privacy-Enhancing Technologies: Report

Duality Technologies, a provider of privacy-enhanced data collaboration solutions, today released Inter-Bank Privacy-Enhanced Information Sharing: Fraud Detection and Prevention a report authored by financial services advisory firm Aite-Novarica. The report analyzes how Canadian financial institutions can engage in information sharing based on privacy-enhancing technologies (PET)… Read More

Mir, Polygon, Shake Hands on $400M ZK Deal

Polygon, Ethereum’s most used scaling platform, today announced a $400 million deal with zero-knowledge (ZK) startup Mir as part of the next step in scaling Ethereum and bringing millions of users to Web 3. With this acquisition, Polygon said it gains access to the world’s… Read More

Binance Asia Services Grabs 18% Stake in HGX

Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, today announced they have taken a post-money stake of 18 per cent in Hg Exchange (HGX), subject to regulatory requirements. HGX is a Southeast Asian member-driven private securities exchange, founded by financial institutions PhillipCapital,… Read More

SaaS Banking Platform Mambu Attracts $265M Series E Round, Funds to Propel Growth

Mambu, a modern SaaS banking platform, has raised $265 million in Series E funding, a total it says is the largest financing round to date for a banking software platform. EQT Growth led the round,. The funding brings the company’s valuation to €4.9 billion. The… Read More

Resolve Welcomes Early $25M Present

Resolve, a provider of net terms-as-a-service and buy now, pay later (BNPL) solutions, announced today it has raised an additional $25 million in strategic equity funding to meet rising demand from B2B companies seeking to simplify their net terms payments and embed B2B BNPL solutions into… Read More

Nobul Technologies, a Real Estate Fintech, Surpasses $5B Sales Milestone

Nobul Technologies, a consumer-centric real estate technology company, announced this week it has crossed $5 billion in completed sales. The technology marketplace empowers home buyers and sellers to evaluate customized offers from real estate agents who submit bids to compete for their business. The platform… Read More

VALK Study: 1 in 3 Pro Investors Recently Made First Crypto Investment

New research from digital institutional investment platform VALK shows professional investors are increasingly focusing on cryptocurrency and digital assets as worries about stretched equity valuations and poor yields in the fixed income markets grow. Its study among professional investors working in eight major economies for… Read More

CloseCross Study: 1 in 6 Crypto Investors Lose Money

While more than four out of five serious regular crypto traders are making money in the markets, one in six are losing it, research from blockchain-based derivatives trading platform CloseCross claims. Its study among crypto traders across six major economies who stake at least $5,000… Read More

Plenty Launches Routing Feature, Announces $30,000+ Hackathon

Plenty, a Tezos-based DeFi protocol, recently launched its routing feature, a move which should make DeFi on Tezos an easy-to-use and smooth experience, the company said. It offers yield farming and a decentralized exchange and allows onboarding from other blockchains. Its protocol allows users to… Read More

Nickel Digital: 85% of Institutional Investors, Wealth Managers, Have Dedicated Crypto Teams

A new study of institutional investors and wealth managers, who collectively manage around $108.4 billion in assets, reveals 85 per cent say they now have dedicated teams reviewing cryptocurrencies and digital assets, though for many it is a new development. The research, commissioned by London-based… Read More

Digital Finance Group Bets $1.5M on Rivet

Digital Finance Group, a global blockchain and cryptocurrency investment firm, recently announced it has invested $1.5 million in a private funding round as the head investor for Rivet, an Ethereum infrastructure service built on open-source technology. The funding will be used to grow the Rivet… Read More

MusicFX to Forge Unique Artist/Fan Connections in NFT Era; Artist Signings Expected Early in 2022

CurrencyWorks, a full-service blockchain platform provider, today announced it is launching a new music entertainment NFT platform, MusicFX, in partnership with Crown & Ace. A pioneer of the NFT space, CurrencyWorks has already established platforms to serve the growing demand for digital token services and… Read More

Capchase Plans Nordics Expansion Months After $405M Raise

Capchase, a provider of non-dilutive capital for recurring-revenue companies, will expand to Denmark, Sweden, and Finland, the company announced this week. Commensurate hiring to staff the growth will soon begin. The move builds on Capchase’s customer growth in the Nordics since launching in Europe in… Read More

Forter President Liron Damri’s 3 Biggest Factors That Will Shape E-Commerce in 2022

As 2022 looms for the e-commerce industry, it will be shaped by several key factors, Forter president Liron Damri believes. He said regulation will play an even more significant role than it has in the past, especially for companies dealing with the European Economic Area… Read More

Send this to a friend