Featured Headlines

January 27, 2022 @ 12:32 pm By JD Alois  |  

Earlier this month, Yieldstreet – an investment crowdfunding platform, added a new art equity fund to its list of alternative investment options. Yieldstreet has emerged as a dynamic online investment platform providing smaller investors with options like short-term debt offerings, real estate, supply chain finance,… Read More

January 27, 2022 @ 9:15 am By JD Alois  |  

Apple (NASDAQ:APPL), the largest publicly-traded company in the world, is predicted to enable credit card transactions directly via its ubiquitous iPhone. The new feature will challenge all credit card terminal providers like Block/Square (NYSE:SQ) that generate massive amounts of revenue by processing payments via credit… Read More

January 27, 2022 @ 8:54 am By JD Alois  |  

Facebook/Meta’s (NASDAQ:FB) digital currency venture Diem will be sold to Silvergate Capital for $200 million, according to WSJ.com. It was previously rumored that the failed cryptocurrency project was on the auction block as Meta threw in the towel on a project that once sought to… Read More

January 25, 2022 @ 6:38 pm By Adam Putz, PhD  |  

With a new SPAC launched seemingly every day and IPOs popping left and right, it might seem like the public markets are the place to be. Although following that path to liquidity might make sense for some companies, that’s just not the case for most… Read More

January 25, 2022 @ 10:16 am By JD Alois  |  

Last week, BitMEX announced its intent to acquire Bankhaus von der Heydt. The deal is actually structured so that BXM Operations AG, founded by BitMEX CEO  Alexander Höptner and CFO Stephan Lutz, will acquire the bank located in Munich, Germany. While the purchase is subject… Read More

January 24, 2022 @ 4:34 pm By JD Alois  |  

  As CI has recently covered, Jacksonville, Florida is an emerging Fintech hub in the US. While Florida has boomed in the past couple of years due to its good governance and business/startup-friendly policies, Jacksonville has managed to attract a good number of financial services… Read More

January 23, 2022 @ 6:10 pm By Omar Faridi  |  

We recently connected with Mark Fiebig, Founder at The Closing Docs, a firm offering automated income verification for property managers and lenders. As explained by the company’s management, The Closing Docs provides an automated income verification tool that positions property managers and lenders to “make… Read More

January 20, 2022 @ 3:35 pm By JD Alois  |  

The US Federal Reserve has published a discussion paper on central bank digital currencies or CBDCs. The consultation paper has long been anticipated from the central bank. The discussion paper summarizes the current state of the domestic payments system and discusses the different types of… Read More

January 19, 2022 @ 4:05 pm By Tony Zerucha  |  

  Like many Fintech entrepreneurs, Tokeny CEO Luc Falempin, was immediately excited when he read the Bitcoin whitepaper, so much that he devoted his career to using blockchain technology to make financial markets available to everyone. A few years later, Falempin is well on his… Read More

January 18, 2022 @ 5:52 pm By JD Alois  |  

The Office of the Comptroller of the Currency (OCC) has conditionally approved  SoFi’s (NASDAQ:SOFI) application to operate a bank. According to the OCC, SoFi Bank National Association (SoFi Bank, N.A.), may operate as a full-service national bank headquartered in Cottonwood Heights, Utah. As part of… Read More

January 18, 2022 @ 11:58 am By Sarah Touzani  |  

Surging global inflation is the number one concern for many households in 2022. With living costs continuing to rise much faster than wages, household budgets are increasingly stretched. Let’s take a closer look at how inflation is changing the game. In the UK, inflation has… Read More

January 17, 2022 @ 4:23 pm By Omar Faridi  |  

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

January 17, 2022 @ 10:29 am By JD Alois  |  

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

January 16, 2022 @ 2:59 pm By Xu Gao  |  

Tencent Releases Metaverse-Rate Scoring System On January 12th, Tencent News and the School of Journalism, Fudan University jointly released the “2021-2022 Metaverse Annual Report”. For the first time, the report proposed the concept of “Metaverse-Rate” which will become the scoring standard for the development of… Read More

January 12, 2022 @ 12:05 pm By JD Alois  |  

Chairman of the Federal Reserve Jerome Powell spent much of yesterday testifying in front of the US Senate Banking Committee as part of his nomination process. It is anticipated that Powell will easily be approved by the Committee as well as the full Senate for… Read More

January 12, 2022 @ 11:05 am By Tony Zerucha  |  

ADDX, a Singapore-based firm, is making private market investing available to many wealthy investors who were previously excluded from the opportunity. There is strong demand for the service, Oi-Yee Choo ADDX chief commercial officer said. Choo brings two decades of capital raising and mergers and… Read More

January 12, 2022 @ 10:32 am By Omar Faridi  |  

We recently connected with Ben Waterman, COO and Co-founder, Strabo App, a cloud-based platform that helps you link multiple accounts from around the world in one dashboard. The Strabo App reportedly tracks all the money you own and owe, while providing you with a holistic… Read More

January 12, 2022 @ 9:37 am By JD Alois  |  

Seedrs, a leading UK-based securities crowdfunding platform that is merging with Republic, has provided a retrospective of 2021 performance. According to Seedrs, 2021 was a year that delivered record-level funding. The top-line numbers are as follows: £696 million invested into securities offerings 310 funded deals… Read More

January 10, 2022 @ 9:41 am By JD Alois  |  

At least one former enforcement executive from the Securities and Exchange Commission (SEC) is predicting the demise of crypto – or at least a significant setback for digital assets. John Reed Stark, former head of the SEC’s Internet Enforcement team says that new rules from… Read More

January 9, 2022 @ 7:00 pm By JD Alois  |  

Doug Ellenoff of Ellenoff, Grossman and Schole Shares Insight into Booming SPAC Market. Special purpose Acquisition Companies or SPACs had a blowout year in 2021.  While the financing vehicle has been around for decades, in recent years SPACs have rocketed in popularity. SPACs are an… Read More