General News

July 24, 2022 @ 9:26 pm By JD Alois  |  

Later this month, the US government will release GDP numbers which may or may not indicate the economy is in a recession. The White House is already taking steps to prepare for a potentially negative report. A recession is typically defined as two-quarters of negative… Read More

July 24, 2022 @ 7:42 pm By Omar Faridi  |  

IQM Quantum Computers, which claims to be the European leader in building superconducting quantum computers, announced that it has raised €128 million ($128m) in Series A2 funding led by World Fund to “expand its international business and accelerate product development to tackle the world’s most… Read More

July 24, 2022 @ 6:47 pm By Omar Faridi  |  

Judith Hartley has been appointed CEO of British Business Investments, which is one of the British Business Bank’s commercial subsidiaries. Judith Hartley, who was appointed acting CEO of British Patient Capital and British Business Investments in September 2020, will “take up the permanent role of… Read More

July 23, 2022 @ 2:27 pm By Omar Faridi  |  

Branch, which empowers working Americans by helping businesses accelerate payments, announced findings from its fourth annual Branch Report, “a look at the financial, work, and lifestyle interests of today’s hourly workers.” Surveying over 3,000 hourly employees across a variety of sectors including food service, logistics,… Read More

July 23, 2022 @ 12:55 pm By Omar Faridi  |  

The number of APIs needed to “drive a business forward is only going to increase,” according to an update shared with CI. Gartner predicts that even with multiple API management platforms, “soon less than 50% of APIs will be managed by existing platforms as the… Read More

July 22, 2022 @ 3:37 pm By Omar Faridi  |  

TomoCredit, the immigrant founded credit card lending to more than 40 million credit-“invisible” immigrants and international students with no credit history in the U.S, announced that it raised $122 million in equity and debt. The investment round has attracted investors “including Morgan Stanley’s Next Level… Read More

July 22, 2022 @ 9:37 am By Omar Faridi  |  

Credit card chargebacks are reaching “crisis levels” for retailers on both sides of the Atlantic, according to a survey of U.S. and U.K. consumers published by Justt, the chargeback mitigation pioneer. Two-thirds of U.S. shoppers and 44% of British shoppers “have filed chargebacks in the… Read More

July 22, 2022 @ 8:53 am By JD Alois  |  

Fintech super app Curve has selected Eyal Galina as Chief Product Officer in push to boost its product offerings. Galina will report directly to Curve CEO Shachar Bialick. He will be responsible for Curve’s product roadmap and strategy helping to chart its goal of becoming… Read More

July 21, 2022 @ 9:47 am By Omar Faridi  |  

MetaVerse Green Exchange (MVGX), a digital “green” exchange licensed and regulated by the Monetary Authority of Singapore (MAS), announced the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm “strengthens its end-to-end suite of… Read More

July 20, 2022 @ 8:30 am By Omar Faridi  |  

Anchorage Digital and the Institute of Electrical and Electronics Engineers (IEEE) Portugal Section are pleased to announce a partnership “focused on educating the next generation of engineers and technologists about blockchain, distributed systems, and cryptography.” Together, Anchorage and IEEE Portugal (with more than 1,300 members… Read More

July 19, 2022 @ 11:17 pm By Omar Faridi  |  

Zimpler, which claims to be a leading Fintech company born in Sweden, recently announced that it has gone live in Norway. Following Sweden, Finland, Germany, Estonia, The Netherlands, Latvia and Lithuania, Norway becomes the eighth market “to offer Zimpler’s account-to-account payments solutions.” The first merchant… Read More

July 18, 2022 @ 12:55 pm By Omar Faridi  |  

Bluevine, which claims to be the leading provider of “holistic” banking solutions designed for small businesses, recently announced a new brand identity, “reflecting the company’s next era of its commitment to grow and evolve its services alongside the changing needs of small business owners.” Bluevine’s… Read More

July 16, 2022 @ 10:10 pm By Omar Faridi  |  

Rome Blockchain Labs, the organization behind BENQI’s Liquid Staking protocol on Avalanche, recently announced a collaboration with Alluvial and the founders of BENQI “to build a compliant, enterprise-grade Avalanche (AVAX) liquid staking product.” This collaboration “offers institutions a secure AVAX staking option while participating in… Read More

July 16, 2022 @ 10:25 am By Omar Faridi  |  

Genesis Vault Capital, a digital asset fund, is pleased to launch Genesis Venture Studio (GVS). The mission of GVS is “to help founders validate, launch, and scale Web3 companies structured as Decentralized Autonomous Organizations (DAOs).” DAOs are “a new type of entity that is collectively… Read More

July 15, 2022 @ 4:11 pm By JD Alois  |  

Avolta, a French boutique investment bank that is active in the venture space in Europe, has published a report on French tech funding reporting that Q2 2022 is the 3rd best quarter for funding ever. While certain markets are sagging, due to the rocky economy,… Read More

July 15, 2022 @ 11:26 am By Omar Faridi  |  

Lemonade (NYSE:LMND), the digital insurance company powered by social impact, announced that its 2022 Giveback for the twelve months ended June 30, 2022, “amounting to $1,873,588, to be donated across 59 nonprofit organizations chosen by its customers.” The Lemonade Giveback is “part of the company’s… Read More

July 14, 2022 @ 5:07 pm By Omar Faridi  |  

Sygnum has strengthened its core tech leadership team and digital transformation capabilities with the addition of key executives to its Board of Directors, Fernando Luis Vázquez Cao, CEO of SBI Digital Asset Holdings, and Al-Noor Ramji, Tata Motors board member and former Prudential Chief Digital… Read More

July 14, 2022 @ 8:01 am By Omar Faridi  |  

Persistent inflation, supply chain weaknesses and concerns over the severity of interest rate hikes are “pushing more business leaders to make difficult decisions to preserve the economic health of their companies.” This, according to the 2022 Working Capital Survey from C2FO, which claims to be… Read More

July 14, 2022 @ 7:00 am By JD Alois  |  

Marqeta (NASDAQ: MQ)has announced that Simon Khalaf will step in as the company’s new Chief Product Officer. Khalaf arrives at Marqeta after working at Twilio as Vice President of the firm’s core products. Marqeta states that Khalaf will be responsible for the strategic direction, development, and… Read More

July 13, 2022 @ 12:35 pm By JD Alois  |  

Inflation rang the bell once again, topping expectations and delivering a 9.1% increase in prices in the past 12 months. Consumer prices rocketed higher in June, delivering a 1.3% increase. With the Fed on deck, the discussion now shifts to how much higher the rate… Read More