General News

CrowdfundNC Rebrands as Incolo

CrowdfundNC has rebranded as Incolo. The company said it wants to clarify and represent their services of providing investability readiness for entrepreneurs through Boon Launch and an online community of entrepreneurs in The FĒNX. CrowdfundNC originally launched as an investment platform. Anya Johnson, Incolo’s Marketing… Read More

India-Based Merchant Commerce Platform Pine Labs Announces Southeast Asia Expansion Through Mastercard Partnership

    Pine Labs, an India-based merchant commerce platform, announced on Thursday it is expanding its services to Southeast Asia, thanks to key organizational changes. As previously reported, Pine Labs notably offers a merchant platform that includes technology and financial solutions for merchants to help… Read More

SPACs: New UK Proposals for Rule Changes for London Special Purpose Acquisition Companies Could Help Attract More Tech Firms

The United Kingdom might reportedly consider making several key changes to London’s current listing rules post-Brexit. The country aims to remove a barrier that has prevented special purpose acquisition companies (SPACs) from choosing the European nation. The updates are meant to attract technology-focused public offerings…. Read More

British Business Bank Provides More Info on Recovery Loan Scheme and Future Fund Following Budget Announcement

The British Business Bank has distributed a response following the Budget presentation by the Chancellor of the Exchequer Rishi Sunik. The Bank has been a key factor in supporting UK businesses as it has managed a series of programs designed to backstop the economy. Within… Read More

BlackRock Says 100% of its Active and Advisory Portfolios were ESG Integrated and it Launched Nearly 100 Sustainable Funds in 2020

BlackRock (NYSE:BLK), the world’s largest asset manager, notes that last year they wrote to their clients and informed them that the company was making sustainability its “new standard” for investing. BlackRock confirmed that they had outlined how they were making sustainability “integral” to how they… Read More

Fintech Lenders: Boston’s Forward Financing has Now Provided $1B in SME Funding, as Capital On Tap Enters US Markets

Forward Financing, a Fintech firm that aims to offer “flexible” and revenue-based financing to SMBs, revealed recently that it has provided $1 billion in funding since its inception back in 2012. According to Forward Financing, the majority of this funding has been allocated towards  “underserved”… Read More

UK Budget Includes Support for Tech, Special Economic Zones and More. Government Seeks to Attract Scientific Superstars

Earlier today, Chancellor of the Exchequer Rishi Sunak presented the budget for 2021. Obviously, the government policy on spending comes at a difficult time as COVID-19 is still very much with us yet glimmers of relief are showing as the vaccine takes hold. The Chancellor… Read More

Ian Anderson from ArchOver Says “Read Everything You Can” to Turn Knowledge into Financial Gains

Peer to peer business lender ArchOver notes that it’s “wonderfully ironic” when Michael Burry, who had been played by actor Christian Bale in the Big Short, tells us that the GameStop antics are “unnatural, insane and dangerous.” Bale also noted that there must be “legal… Read More

All Non-Essential UK Retail Businesses May Reopen from April 12, 2021, Funding Circle Confirms while Sharing Other Small Business Tips

Online lender Funding Circle (LSE:FCH) recently noted in blog to its small business customers what the roadmap out of the COVID-19 lockdown means for small businesses. On February 22, 2021, the UK government announced its “highly anticipated” four-phase roadmap out of the Coronavirus-related lockdown —… Read More

Cash Usage Declined, Contactless Payments have Increased Considerably, According to Jodie Kelly from Electronic Transactions Association

The Coronavirus outbreak has led to a dramatic surge in demand for contactless payments options, which has accelerated the ongoing shift from cash transactions to safer digital payment methods. Jodie Kelley, CEO at Electronic Transactions Association, has noted that during the past 6 to 8… Read More

Goldman Sachs Expected to Start Crypto Trading Desk Next Week: Report

Goldman Sachs (NYSE:GS) has pivoted once again when it comes to crypto. Some time ago, it was widely reported that Goldman was launching a crypto trading desk. First reported in 2017, Goldman was predicted to launch a digital asset trading desk by June 2018. The… Read More

Bitcoin focused Tech Startup Casa Removes Email Dependency from BTC Hardware Wallets, Announces other Updates following its Seed Round

Bitcoin-focused tech startup Casa notes that “hot on the trail” of their recent $4 million fundraising announcement, they are pleased to announce another set of product enhancements Casa confirmed that they’ve now removed the email “dependency” from Bitcoin hardware wallet signing – so users are… Read More

Online P2P Lender Blend Network Reports Strong Performance, Reveals it has Record Number of Lenders Active on Platform

Online peer-to-peer lender Blend Network notes that the UK was the world’s first country to authorize and begin administering the Pfizer/BioNTech vaccine on December 8, 2020. The vaccine had been on track to immunize 15 million individuals by February 15, 2020. The immunization efforts have… Read More

Klarna Secures $1 Billion Through Latest Equity Funding Round to Accelerate International Expansion & Further Capture Global Retail Growth; Brings Valuation to $31 Billion

  Payment processing and global retail banking platform Klarna announced on Monday it secured $1 billion through its equity funding round to accelerate international expansion and further capture global retail growth. Klarna revealed that the round, which subscribed four times the amount it originally sought to raise, included… Read More

Currencycloud Says the Days of Unrestricted EU Market Access for UK Firms are Over, Explains how to Approach New Business Environment

Currencycloud, a cross-border payment platform, notes in a blog post that UK businesses have been struggling to deal with various issues ever since the country voted in 2016 to leave the European Union (EU). While the agreement reached between the United Kingdom and European Union… Read More

Over $117M in Loans via DeFi Platforms Compound, Maker Liquidated on Feb 22, Marking Largest Liquidations in Market History: Report

Crypto exchange OKCoin confirms in a new report that Ethereum (ETH) scaling has recently seen a boost, while the total value locked in decentralized finance (DeFi) has plummeted. DeFi pulse data shows that there’s currently just under $35 billion worth of value locked in DeFi… Read More

SEC Investor Advisory Committee Adds SPACs to Agenda of Next Meeting

The Securities and Exchange Commission (SEC) Investor Advisory Committee has scheduled a meeting for March 11, 2021. Included on the agenda is a panel discussion on the hot Special Acquisition Company (SPAC) market. According to the agenda, the panel will be moderated by Christopher Mirabile,… Read More

The Graph, an Indexing Protocol for Efficiently Accessing Blockchain or DLT Data, Is Now Supporting Fantom Layer 1 Chain

The developers of The Graph, which serves as an indexing protocol for “organizing and efficiently accessing” data from blockchains and storage networks, have revealed that indexing and querying are now live on the Fantom Layer 1 Blockchain. As mentioned in the update, the Fantom layer… Read More

Biz2Credit Announces Support For Biden-Harris Administration’s PPP Changes to Promote More Equitable Access to Funding

  Biz2Credit announced earlier this week it supports Biden-Harris Administration’s changes to the Paycheck Protection Program (PPP). The company claims that the changes will promote more equitable access to funding for small businesses in need of funding during the COVID-19 pandemic. Biz2Credit further revealed it has… Read More

Southeast Asian Fintech Grab to Create 350 New Jobs in Singapore during 2021 to Support Business Growth and Development Plans

Southeast Asian Fintech firm Grab has revealed that it will be creating about 350 new jobs in Singapore during 2021 in order to support its ongoing growth and development plans. These new roles and requirements aim to support the Fintech company’s expansion of products and… Read More

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