General News

July 8, 2022 @ 8:07 am By Omar Faridi  |  

The Algorand Foundation, whose mission is to grow the ecosystem of the “carbon-negative” Layer 1 blockchain invented by Turing Award winner and MIT professor Silvio Micali, Algorand, recently announced the appointment of Eric Wragge as Global Head of Business Development and Capital Markets. Wragge joins… Read More

July 7, 2022 @ 12:27 pm By Omar Faridi  |  

QuiX Quantum, a producer of quantum processors, has secured a €5.5 million seed round investment from PhotonDelta, FORWARD.one and Oost NL. The funding will “take QuiX a step closer to creating the world’s most powerful photonic quantum computer.” It also marks “the first major investment… Read More

July 7, 2022 @ 8:07 am By Omar Faridi  |  

HM Treasury had introduced a consultation in July of last year, entitled “Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 Statutory Instrument 2022.” This consultation outlined how the UK Government intended “to amend the UK’s Money… Read More

July 6, 2022 @ 9:37 am By Omar Faridi  |  

ThinCats, which claims to be the “leading” alternative finance provider to SMEs, recently  announced the appointment of Richard Newman, Senior Director, Transaction Management to manage its Midlands transaction team. Richard reportedly has over 20 years of corporate finance experience occupying senior roles at HSBC, RBS… Read More

July 6, 2022 @ 7:58 am By Omar Faridi  |  

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, recently visited Ballycoolin in north Dublin in order to establish the 11 remote working hubs that have been launched as part of Bank of Ireland’s hybrid working model. These hubs are being worked… Read More

July 3, 2022 @ 9:07 pm By Omar Faridi  |  

Virtual banking tech provider Amount is the latest Fintech firm to trim down its workforce, reducing its employee headcount by around 18%, according to a recent report from TechCrunch. Amount offers retail banking and point-of-sale tech to customers such as Banco Popular, HSBC, Regions Bank… Read More

July 3, 2022 @ 8:37 pm By Omar Faridi  |  

Coinbase Tracer, the analytics division of the digital asset firm Coinbase (NASDAQ:COIN), has reportedly committed to a contract with US Immigrations and Customs Enforcement that will allow the agency to gain access to various features and data caches. This would include historical geo tracking data… Read More

June 29, 2022 @ 6:45 pm By JD Alois  |  

Earlier today, Germany’s Federal Minister of Finance, Christian Lindner, and the Federal Minister of Justice, Dr.Marco Buschmann, announced regulatory and policy changes designed to boost entrepreneurship, access to capital, and embrace the digitization of finance with digital securities – or security tokens. The Financing Act. Das… Read More

June 29, 2022 @ 7:54 am By Omar Faridi  |  

Taavet Hinrikus, the Co-founder of Fintech firm Wise, has launched Plural, a €250 million (appr. £216 million) investment platform aimed at supporting a new generation of technology startups and digital entrepreneurs. Other founders of the Group reportedly include Songkick businessman Ian Hogarth, tech investor Khaled… Read More

June 28, 2022 @ 10:37 pm By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments firm, has released findings from a proprietary “in-depth” research study, commissioned by Billtrust and conducted by Paradoxes, Inc., “defining the profile of CFO candidates who will ultimately step into leadership roles.” The research, which… Read More

June 28, 2022 @ 4:52 pm By Omar Faridi  |  

Metaphysiks, a “groundbreaking” immersive technology company combining neuroscience and robotics to create “multisensory” experiences, has announced the completion of its seed funding “to support their advancements in life-like bodily stimulation.” Metaphysiks will contribute “to humanizing the Metaverse, bringing physical and emotional engagement into the digital… Read More

June 28, 2022 @ 4:38 pm By JD Alois  |  

Giacomo Bertoldi, CEO of Walliance, has been appointed as the new Chair of EUROCROWD. Bertoldi will be taking over from Christin Friedrich, founder and CEO of Innovestment. The selection of Bertoldi was made during EUROCROWD’s meeting last week and he will serve as non-executive Chair… Read More

June 28, 2022 @ 10:26 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge in the UK, along with the World Economic Forum and the World Bank, have published the Global COVID-19 Fintech Impact and Industry Resilience Study. CCAF has long been the leading research institute reviewing… Read More

June 28, 2022 @ 7:40 am By Omar Faridi  |  

Hamilton Lane (NASDAQ: HLNE) recently announced that Victor Jung is joining the firm as Head of Digital Assets. In this role, Jung will be “responsible for developing and overseeing the execution of the firm’s digital asset strategy.” He will oversee this strategy globally and “report… Read More

June 26, 2022 @ 10:22 pm By Omar Faridi  |  

Small business credit platform Tillful, backed by ING Ventures, Experian Ventures, Bitrock Capital, and Katalyst Ventures, announced that it’s partnering with Experian to help establish credit profiles for businesses that “are new to credit or otherwise credit invisible, and thereby potentially expand the range of… Read More

June 25, 2022 @ 4:40 pm By JD Alois  |  

While some people say a proverbial “soft landing” is possible for the economy a growing number of people are expecting a recession as soon as this year or perhaps in 2023. As a recession is two consecutive quarters of negative growth, and the fact that… Read More

June 24, 2022 @ 2:35 pm By Omar Faridi  |  

The Harmony team has identified a theft taking place this morning (June 24, 2022) on the Horizon bridge amounting to approximately $100 million. 3/ Note this does not impact the trustless BTC bridge; its funds and assets stored on decentralized vaults are safe at this… Read More

June 24, 2022 @ 12:04 pm By Omar Faridi  |  

Digital asset brokerage firm Voyager Digital Ltd. (TSX: VOYG) is reportedly limiting client withdrawals via its platform to $10,000 and to 20 transfers during a 24-hour timeframe. The New York-headquartered company, which secured $485 million in loans during the last week from Alameda Research in… Read More

June 24, 2022 @ 10:57 am By JD Alois  |  

While Miami has long been known for white sandy beaches and awesome weather, in recent years Miami has emerged as a crypto-haven with many blockchain startups and early-stage ventures setting up shop in the Southeast Florida location. But it is not just blockchain firms and… Read More

June 24, 2022 @ 8:23 am By Omar Faridi  |  

Sahil Thapa has reportedly joined from Deutsche Bank to lead tech and innovation teams at Recognise Bank. Sahil Thapa has been appointed Chief Technology Officer (CTO) at Recognise Bank, the digital small business bank “serving the UK’s 3.5 million SMEs with lending and business savings… Read More