November 17, 2021 @ 5:42 pm By Tony Zerucha  |  

Superalgos, an open-source, community-owned trading intelligence project, this week launched its free platform for designing, testing, and deploying crypto trading bots. It comes after four years in development with tens of thousands of downloads during the open beta phase as the community builds up liquidity… Read More

November 17, 2021 @ 3:01 pm By Tony Zerucha  |  

Neo Financial, a Canadian fintech based in Winnipeg, Man., has made great strides since its founding in the fall of 2019. This week Neo Financial received $1.6 million from the Province of Manitoba’s Industry Expansion Program to train 300 new and 32 existing employees in… Read More

November 16, 2021 @ 11:06 pm By Tony Zerucha  |  

A combination of a re-opening society and technical sophistication has online fraud poised to increase 60 per cent this season, new data from fraud deterrence platform Arkose Labs suggests. Industry watchers should be prepared for increased online fraud threats during the holidays such as rising… Read More

November 16, 2021 @ 9:58 pm By Tony Zerucha  |  

Oportun a consumer credit Fintech, today announced that it has agreed to acquire neobank Digit, a platform that provides automated savings, investing, and banking tools. By adding Digit Oportun will further expand its A.I. and digital capabilities. “This is a transformational deal that will expand… Read More

November 16, 2021 @ 4:14 pm By Tony Zerucha  |  

Southeast Asian “super-app” Grab is working to restore service today, the company said. Customers across Singapore, Thailand, Malaysia, and Indonesia have reported trouble using the super-app, with some voicing their frustrations on social media. “We experienced a service disruption this morning that impacted a number… Read More

November 16, 2021 @ 3:43 pm By Tony Zerucha  |  

Paradigm, a firm investing in cryptocurrency-based startups, said this week it has raised $2.5 billion from investors to create the largest-ever cryptocurrency investment fund. If true, it would kick Andreessen Horowitz out of the top spot. The sum also surpasses the initial $1.5 billion target…. Read More

November 13, 2021 @ 11:07 am By Tony Zerucha  |  

Aleph Zero, a company using blockchain technology to serve the unique needs of the enterprise, today launched their mainnet. The development comes on the heels of a successful $14.8 million private sale. The funding comes from pre-seed and seed funding rounds in addition to its… Read More

November 12, 2021 @ 3:06 pm By Tony Zerucha  |  

Earlier this month the United Kingdom’s Competition and Markets Authority (CMA) provided an update on the current state of open banking in the region. It comes after the release of a report from an independent investigator of allegations against the Open Banking Implementation Entity (OBIE)…. Read More

November 12, 2021 @ 10:23 am By Tony Zerucha  |  

San Francisco-based private equity firm True Wind Capital this week announced the successful close of its second fund, True Wind Capital II. At $817 million in equity commitments, the fund’s targets were exceeded. True Wind Capital was launched in 2015 by Adam Clammer and James… Read More

November 10, 2021 @ 10:23 pm By Tony Zerucha  |  

Smart contract platform RSK’s expansion throughout the Philippines will result in more access to stablecoins for investors living in the country. Given their peg to existing assets such as fiat currencies, precious metals and, on occasion, other cryptocurrencies, stablecoins are less vulnerable to the wild… Read More

November 10, 2021 @ 10:02 pm By Tony Zerucha  |  

Artificial intelligence solutions company TruEra this week announced that it, along with its data partner Demyst, is one of the three winners of the Global Veritas Challenge 2021 at the Singapore Fintech Festival. The winning solution competed in the credit scoring and credit profiling category,… Read More

November 10, 2021 @ 9:43 pm By Tony Zerucha  |  

Global regtech company Clausematch this week launched a new document modification feature. The move was inspired by requests from the company’s core clients. The advanced functionality allows organizations to manage deviations to the original document and solve additional use cases while retaining governance and control… Read More

November 10, 2021 @ 6:48 pm By Tony Zerucha  |  

True Global Ventures 4 Plus (TGV4 Plus) has confirmed  $1,250,000 USD funding with Forza Ikonia to bring NFTs to the mass market on Polygon blockchain technology. The investment coincides with the release of MAUER (mauer.digital) – an NFT collection memorializing the Berlin Wall. MAUER consists… Read More

November 10, 2021 @ 6:12 pm By Tony Zerucha  |  

Venture fund Digital Horizon today launched its second venture fund with a target volume of $200 million. The first fund, which opened in 2019, is completing the investment stage and has so far returned 40 per cent annually to investors, the company said. Its portfolio… Read More

November 10, 2021 @ 3:36 pm By Tony Zerucha  |  

Fraxtor, a Singapore-based real estate tokenization investment platform, has raised $1.25 million in a pre-Series A funding round, the company announced this week. The event saw participation from family offices such as Baksh Capital and Andes Fund Management. The funds raised will be utilized to… Read More

November 10, 2021 @ 10:29 am By Tony Zerucha  |  

Tether Operations today announced it has launched Tether tokens (USDt) on Avalanche, a decentralized smart contracts platform built for the scale of global finance and business. Avalanche is designed as a highly scalable ecosystem, able to deliver rapid transaction finality and low transaction fees. It is… Read More

November 9, 2021 @ 9:24 pm By Tony Zerucha  |  

Digital Finance Group, a global blockchain and cryptocurrency investment firm, this week announced it will allocate 500,000 DOT, Polkadot’s native cryptocurrency, to Acala, a decentralized finance platform built on the Polkadot blockchain network. Acala plans to compete for a parachain slot in Polkadot’s upcoming parachain auctions… Read More

November 9, 2021 @ 2:50 pm By Tony Zerucha  |  

CBDCs have the potential to make a significant impact on global finance, but appropriate safeguards need to be in place, an official from the Monetary Authority of Singapore (MAS) said today. The industry gathered for the Singapore FinTech Festival, where one of the presenters was… Read More

November 9, 2021 @ 1:39 pm By Tony Zerucha  |  

While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development. Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflows, it’s also because of a combination of recent tailwinds too…. Read More

November 8, 2021 @ 8:58 pm By Tony Zerucha  |  

Philippines-based digital lending marketplace SeekCap this week announced a partnership with Investree Philippines, an SEC-approved crowdfunding platform, to offer financing services to MSMEs in the Philippines.  Investree will provide purchase order financing and invoice financing to SeekCap customers. While, new to the region, this concept… Read More