General News

November 17, 2022 @ 11:52 am By Omar Faridi  |  

Global innovation platform, Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced “the launch of their new Crypto and Digital Assets program in Silicon Valley.” The program aims “to connect international startups with the founding… Read More

November 17, 2022 @ 11:47 am By Omar Faridi  |  

Planixs, the provider of real-time cash, collateral and liquidity management solutions, has announced that G-SIB (Global Systemically Important Bank), Santander, has successfully “gone live with its Realiti Software Suite to transform the bank’s liquidity management processes, including cash management, liquidity forecasting and risk mitigation.” Santander… Read More

November 17, 2022 @ 11:27 am By JD Alois  |  

Chancellor of the Exchequer Jeremy Hunt delivered the Autumn Budget today, and once again, there is a bundle of adjustments and announcements aiming to improve the UK economy that is struggling with high inflation, unsustainable energy costs, and a recession. The UK government has already… Read More

November 16, 2022 @ 4:16 pm By JD Alois  |  

Online investment platform and venture community AngelList has spun off its jobs service – AngelList  Talent, into a stand-alone company.  The new business has been rebranded as Wellfound. The company said that AngelList Venture is once again called AngelList. AngelList provided some updated metrics with… Read More

November 15, 2022 @ 10:20 am By JD Alois  |  

SPACs, or special purpose acquisition companies, boomed in 2021. This year, the story is rather different. According to data compiled by S&P Global Market Intelligence, through Q3 2022, there have been 78 SPAC initial public offerings (IPOs). This compares to 444 for the nine-month period… Read More

November 14, 2022 @ 2:37 pm By Omar Faridi  |  

C2FO, the on-demand working capital platform, announced the addition of two new executive roles to its leadership team, “naming Dan Karas as its first chief credit officer and promoting Controller Bri Simoneau as the first chief accounting officer.” Karas brings extensive leadership experience “in lending… Read More

November 14, 2022 @ 12:26 pm By JD Alois  |  

  One of the key elements of online capital formation is the fact that geography is not as important. While traditional venture hubs, like the Bay area and New York City, continue to garner much of the activity in securities crowdfunding, expanding access to capital… Read More

November 14, 2022 @ 11:17 am By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, announced partnerships with Alto, an elevated on-demand rideshare company, and Surf Air, a regional air travel company working to accelerate the adoption of green aviation, “to offer families effortless… Read More

November 13, 2022 @ 5:43 pm By Omar Faridi  |  

Fintech Connect 2022, Europe’s Fintech event for the entire ecosystem, recently released its 2022 Industry Benchmark Report, Fintech in Flux: Thriving in the Age of Uncertainty, showing that customers “remain the biggest focus, with 86 per cent of respondents investing in AI to stay competitive.”… Read More

November 13, 2022 @ 4:42 pm By Omar Faridi  |  

Hilary Wiek, CFA, CAIA Lead Analyst, Fund Strategies & Sustainable Investing at Pitchbook, notes that through the first quarter of 2022, one-year private fund performance was still “at historically high levels, as more muted performance in Q1 2022 was still overcome by three quarters of… Read More

November 13, 2022 @ 12:59 pm By Omar Faridi  |  

Bitfinex, a digital asset trading platform, claims that it has “not been impacted by the latest market events.” The exchange reportedly “remains liquid, stable and strong, and has no exposure to FTX or its FTT exchange token.” Over the past week, Bitfinex has “witnessed an… Read More

November 12, 2022 @ 9:25 am By Omar Faridi  |  

The latest funding round closed by Fintech Ramp brings the total raised by the firm to $122.7m over the past 12 months alone, “despite the current crypto bear market.” Ramp says it is pleased to announce that they’ve just secured $70M via their series B… Read More

November 12, 2022 @ 9:22 am By Omar Faridi  |  

Evmos, the port-of-entry from Ethereum to Cosmos, launched its partnership with Anchorage Digital in order “to offer institutions secure custody and staking of EVMOS, the native token of the platform.” As Evmos continues to attract builders to deploy dApps on its cross-ecosystem interoperability platform, institutions… Read More

November 11, 2022 @ 3:34 pm By Omar Faridi  |  

Given the current discussion regarding solvency, the team at Kraken wanted to explain the systems they have in place “to ensure that assets on [their] exchange are readily available to you at any time and especially during times of uncertainty.” First, it is important to… Read More

November 11, 2022 @ 10:49 am By Omar Faridi  |  

The team at Gemini noted that they’re pleased to announce that their platform will “expand its Greater Seattle Area presence in 2023, with plans to increase the number of employees based in our Bellevue downtown office from 28 to over 125.” There are currently 100+… Read More

November 10, 2022 @ 1:07 pm By Omar Faridi  |  

Kris Marszalek, CEO of Crypto.com, said that they’ve shared the belief that it “should be necessary for crypto platforms to publicly share proof of reserves” and Crypto.com will be publishing their audited proof of reserves. According to the company CEO, this is “a critical moment… Read More

November 10, 2022 @ 10:27 am By Omar Faridi  |  

Living Security and CybSafe announced a new Human Risk Management Maturity Model, to serve as “a standard across the cybersecurity industry including: practitioners, analysts, vendors, and thought leaders to measure the impact of human behavior on an organization’s risk.” While several frameworks and maturity models… Read More

November 10, 2022 @ 9:07 am By Omar Faridi  |  

Truflation, the independent, real-time inflation data aggregator, has partnered with Haptics DAO, a “decentralized” voice command platform that uses audio and haptic feedback “to help visually and hearing impaired users access wallets, trade cryptocurrencies, and explore price feeds and inflation data.” The Haptics DAO project… Read More

November 9, 2022 @ 10:08 pm By JD Alois  |  

OurCrowd Global Summit is the Largest Event of its Kind Global securities crowdfunding platform OurCrowd is bringing back its annual Global Investor Summit after a COVID-induced hiatus. At the same time, OurCrowd has announced that it has topped $2 billion in capital commitments keeping it… Read More

November 9, 2022 @ 9:31 am By Omar Faridi  |  

HSBC is pleased to partner with Marketnode, a SGX Group and Temasek joint venture and digital markets infrastructure operator, and UOB in order “to pilot fully digital issuance of wealth management products as part of a Monetary Authority of Singapore (MAS)-led collaboration on asset tokenisation,… Read More