General News

April 11, 2022 @ 3:08 pm By Omar Faridi  |  

Remote, a key player in building, managing and supporting global, distributed workforces, recently announced a $300 million Series C financing round, “led by SoftBank Vision Fund 2 with participation from existing investors including Accel, Sequoia, Index Ventures, Two Sigma Ventures, General Catalyst, 9Yards, Adams Street… Read More

April 11, 2022 @ 1:04 pm By Omar Faridi  |  

Skyflow recently announced that Robin Andruss, previously Twilio’s Data Protection Officer and Director, Global Privacy Governance, has joined Skyflow as Chief Privacy Officer. In this role, she will “oversee the company’s privacy and data protection commitments for Skyflow’s Data Privacy Vaults for enterprise, fintech and… Read More

April 11, 2022 @ 10:35 am By Omar Faridi  |  

More than 1.2 million subscription payments have reportedly been stopped since summer 2021, as tech puts customers in greater control of their spending, according to data from Lloyds Bank. As noted in a blog post, popular TV, film and music streaming services “made up almost… Read More

April 11, 2022 @ 10:01 am By JD Alois  |  

The European Investment Bank (EIB) has announced a €4 billion program for 2022 and 2023 to help cities and regions in EU Member States address the needs and meet the challenges of integrating war refugees from Ukraine. The unprovoked war by Russia has caused a… Read More

April 10, 2022 @ 10:42 pm By Omar Faridi  |  

imagin, the digital services and lifestyle platform backed by CaixaBank, will be entering the Metaverse in the coming days “by way of imaginLAND.” The project will “enable the platform to launch and run initiatives in the virtual reality universe and will be available to its… Read More

April 9, 2022 @ 5:36 pm By Omar Faridi  |  

Compute North, which claims to be the leader in sustainable, large-scale computing infrastructure, has announced that construction is underway “to build a 300MW TIER 0™ data center next to the Wolf Hollow Generating Station in Granbury, Texas.” As covered, Compute North works with clients in… Read More

April 9, 2022 @ 11:25 am By Omar Faridi  |  

  Web3 connectivity startup GIANT Protocol, and Tango, the consumer brand of Proximus Luxembourg, recently announced a partnership “to bring blockchain benefits to customers worldwide.” Suruchi Gupta, founder and CEO of GIANT Protocol, which aims to decentralize and democratize access to internet and financial services… Read More

April 8, 2022 @ 8:13 am By Omar Faridi  |  

The Luna Foundation Guard (LFG), a recently formed non-profit to support decentralization, economic sovereignty, and foster the growth of the Terra ecosystem, “will add AVAX to its new UST Decentralized Forex Reserve.” By diversifying the base of non-correlated assets “to major assets like BTC and… Read More

April 7, 2022 @ 11:49 pm By Omar Faridi  |  

RockX, one of Asia’s largest crypto staking providers, announced the completion of its $6 million Series A funding round. The investment round was led by Amber Group, a global digital asset platform, and was joined by other prominent crypto industry leaders “including Matrixport, Primitive Ventures,… Read More

April 7, 2022 @ 3:20 pm By Omar Faridi  |  

  Pocket Network, a relay infrastructure middleware protocol that provides abundant blockchain bandwidth from “a globally distributed network of 40k+ full nodes to applications in Web3 across 40+ blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony,” announced its protocol has “processed a record number… Read More

April 6, 2022 @ 10:07 pm By Omar Faridi  |  

  CoinSmart Financial Inc., which claims to be one of Canada’s leading crypto-asset trading platforms, has announced its investment in NFT cross-bridge marketplace, Curate. The partnership agreement reportedly “includes an undisclosed investment from CoinSmart in Curate’s NFT Marketplace, with an option to acquire a majority… Read More

April 6, 2022 @ 6:50 am By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), an international firm focused on driving connected commerce for the financial and retail industries, has announced that it will “operate and manage the entire self-service banking channel for Langley Federal Credit Union (FCU).” The credit union will implement “the full suite… Read More

April 5, 2022 @ 8:06 pm By Omar Faridi  |  

Edison Partners, a growth equity investing firm, has announced the closing of its 10th fund, Edison Partners X, “oversubscribed at $450 million.” Fund X is the firm’s third consecutive fund “dedicated to growth equity since 2015 and the largest in the firm’s 36-year history.” Edison… Read More

April 5, 2022 @ 4:09 pm By Omar Faridi  |  

The Sandbox, a “decentralized” gaming metaverse and a subsidiary of Animoca Brands, and Ledger, the hardware and software security company in crypto and Web3, have partnered “to bring Ledger’s best-in-class security technology to The Sandbox’s global user base.” The partnership will “empower The Sandbox’s 2.2… Read More

April 5, 2022 @ 3:30 pm By JD Alois  |  

  The JOBS Act of 2012 was signed into law by President Barack Obama ten years ago today, on April 5, 2012. In a rare moment of bipartisanship, Republicans and Democrats joined together to help private firms raise much-needed growth capital via online securities offerings…. Read More

April 5, 2022 @ 10:38 am By JD Alois  |  

Today, at 2:30 PM ET, Congressman Patrick McHenry, the ranking Republican on the House Financial Services Committee, will be hosting a roundtable to mark the 10th anniversary of the Jumpstart Our Business Startups (JOBS) Act of 2012. The JOBS Act legalized securities crowdfunding including, Reg CF,… Read More

April 4, 2022 @ 10:27 pm By Omar Faridi  |  

Brightflag, the AI-enhanced legal operations platform, recently released several updates designed “to address the complex and varied budgeting requirements of corporate legal departments.” In combination with existing department-level budgeting and forecasting features, Brightflag’s versatile new matter-level controls “afford in-house legal professionals complete visibility and proactive… Read More

April 4, 2022 @ 4:03 pm By JD Alois  |  

Jamie Dimon’s annual letter to JPMorgan (NYSE:JPM) shareholders is out today. Dimon, probably the most respected bank CEO on Wall Street, crafts a shareholder letter each year where he shares his opinion and perspective on the financial services industry, challenges as well as opportunities. For… Read More

April 4, 2022 @ 2:50 pm By JD Alois  |  

S&P Global has published a report on digital assets entitled the State of Consumer Cryptocurrency Adoption. According to S&Ps research, 20% of surveyed individuals have either purchased traded or received crypto – a solid percentage of the population. While awareness is growing, S&P adds that… Read More

April 4, 2022 @ 8:28 am By Omar Faridi  |  

YouGov’s report The Future of Financial Services Report looks at the ongoing transformation of the US and international financial service industry as it “faces the headwinds of changing consumer expectations and wider industry fragmentation.” Recent data collected “paints a revealing picture of disruptions within the… Read More