General News

August 19, 2022 @ 4:14 pm By JD Alois  |  

Gravity Payments CEO has posted his resignation notice on Twitter. Dan Price, the founder of the company, said that Tammi Kroll, currently the company’s Chief Operating Officer, will be taking over to lead the firm. In the Tweet, Price said that his number one priority… Read More

August 17, 2022 @ 2:17 pm By Omar Faridi  |  

SigFig, a key player focused on enterprise financial technology that develops next-generation products for banks and wealth management firms, announced the appointment of Amanda LaFerriere, a “results-driven” product executive, as Chief Product Officer and Clifford Schoeman, a strategic executive “with extensive knowledge of wealth management,… Read More

August 17, 2022 @ 9:07 am By Omar Faridi  |  

The Tikkie app, launched in 2016 to make payments easier, recently added a new functionality. ‘Groepie’ is a smart feature that “allows multiple users to track and settle costs incurred as a group, greatly simplifying group payments made through Tikkie.” The new feature “is quick… Read More

August 16, 2022 @ 3:13 pm By Omar Faridi  |  

The early stages of the COVID-19 pandemic were a “hive of activity” for small businesses, with a striking 53% jump in applications to start new companies, according to an update from Fundbox. Now macro economic factors, from inflation to staffing shortages, “are posing significant challenges… Read More

August 15, 2022 @ 9:41 pm By Omar Faridi  |  

The Age of “Spendlightenment” has dawned, the team at Airbase notes in a blog post. The innovation of spend management has “the power to elevate the work of finance professionals to a higher state of being, one characterized by unprecedented vision, power, and flow.” When… Read More

August 15, 2022 @ 3:04 pm By JD Alois  |  

  Dealmaker, a tech firm that aims to help companies raise more money faster, says it has been involved with 8 out of the 10 top online investment offerings to date. This is inclusive of all exemptions (Reg CF, Reg A+, and Reg D 5o6c)…. Read More

August 15, 2022 @ 8:27 am By Omar Faridi  |  

Andrejus Trofimovas, the CEO of Aventus Group, became a shareholder of PeerBerry. Andrejus Trofimovas acquired “a 50% stake in PeerBerry from former shareholder Igoris Trofimovas, who has been a shareholder of PeerBerry since May 2021.” Andrejus Trofimovas, CEO of Aventus Group, said: “My decision to… Read More

August 14, 2022 @ 9:27 pm By Omar Faridi  |  

AstroPay, the payment solution of “choice” for users globally, has appointed Sofía Lanza as Chief Banking Officer, as the company “moves forward with its expansion plans into new markets and verticals.” Sofía, who previously served as Chief Corporate Development at AstroPay, will be “responsible for… Read More

August 14, 2022 @ 8:52 pm By Omar Faridi  |  

The Credas team are pleased to announce that Geraint Rogers has joined the company as their new Chief Strategy Officer. Geraint joins Credas from Equifax UK where he “previously held the role of Product Director for Identity, Fraud and Financial Crime.” With almost 30 years… Read More

August 13, 2022 @ 8:27 am By Omar Faridi  |  

Dibbs announced the appointment of two C-suite hires as the company grows beyond its origins “as a collectibles marketplace towards becoming the platform for tokenization and custody of physical and digital items for IP owners and collectors.” Dibbs appointed Ben Plomion as Chief Marketing Officer… Read More

August 11, 2022 @ 10:57 pm By Omar Faridi  |  

Finix, the payments technology company for software platforms, announced that it has raised $30M in fresh capital, “bringing the company’s total funding to $133M.” Finix raised “at an increased valuation despite the more challenging economic environment this year.” New and existing investors, “including The General… Read More

August 11, 2022 @ 10:49 am By JD Alois  |  

Does the US Federal Government hold crypto? Probably so. Following enforcement actions or tax violations, the feds may confiscate various types of assets, and these can include digital ones like Bitcoin, etc. Earlier this week, Congressman Tom Emmer, along with Congressman Joe Auchincloss, reminded us… Read More

August 10, 2022 @ 4:42 pm By JD Alois  |  

As COVID lingered and the economy stumbled due to rapidly rising prices and geopolitical strife, investment in private UK firms continued unabated, hitting a record amount of £14.9 billion during the first half of 2022. These investments were led by the burgeoning Fintech sector that… Read More

August 9, 2022 @ 10:45 am By JD Alois  |  

Criticism from various corners of the political ring continues to lament the passing of the Inflation Reduction Act – legislation that even supporters are describing as a climate bill and not doing much to mitigate inflation. SBE Council President & CEO Karen Kerrigan has issued… Read More

August 9, 2022 @ 7:08 am By Omar Faridi  |  

CubiCasa, a real estate software firm with head offices in Oulu, Finland, will now be providing a free floor plan option for its mobile floor plan scanning technology in the United States, “available on the App Store and Google Play Store.” Thanks to recent advances… Read More

August 9, 2022 @ 1:27 am By Omar Faridi  |  

Jarvo, which provides remote teams access to local workspaces in other people’s homes, has secured 179% (£359,332  ) of its £200,002 target from 313 investors (at the time of writing) through its crowdfunding campaign carried out via Seedrs (with 25 days left in the sale)…. Read More

August 7, 2022 @ 7:33 pm By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) has publicly posted a letter criticizing the Inflation Reduction Act that was approved by the US Senate in a party-line vote. While the name claims to reduce inflation, some analysts have stated there is nothing or very… Read More

August 6, 2022 @ 1:48 pm By Omar Faridi  |  

Fintech firm Plaid recently announced that financial services industry veteran Meghan Welch has joined as the firm’s very first Chief People Officer. Plaid has “grown to 1,200+ employees to support the mainstreaming of fintech.” Meghan’s over 20 years of professional experience at Capital One, “most… Read More

August 6, 2022 @ 8:59 am By Omar Faridi  |  

ING will be trialing a carbon footprint tracking app offered by Fintech firm Cogo with 350,000 mobile clients. The Footprint Insight feature is being made available to clients who currently use the bank’s Insight function, which groups their income and expenditure by spending category. Footprint… Read More

August 5, 2022 @ 8:17 pm By Omar Faridi  |  

CME Group, which claims to be the world’s leading derivatives marketplace, announced its plans to further expand its cryptocurrency derivatives offering “with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.” Designed to match their U.S. dollar-denominated counterparts, Bitcoin… Read More