General News

November 2, 2021 @ 10:04 am By Omar Faridi  |  

Polygen, the “truly decentralized” launchpad without gatekeepers, has secured $2.3 million via an investment round. As mentioned in a release shared with CI, Polygen differentiates itself from the other launchpads active in the industry by allowing “anyone launch a project.” A permissionless launchpad to fund… Read More

November 2, 2021 @ 8:32 am By Omar Faridi  |  

InvestCloud, the international leader in financial digital transformation, has introduced InvestCloud X – its most “significant” product innovation yet. As mentioned in a release, InvestCloud X is three products packaged into one: a Digital Communication platform streamlining the way advisors interact with customers, a Digital… Read More

November 1, 2021 @ 7:51 pm By Omar Faridi  |  

The Board of P27 has reportedly appointed Paula da Silva as the new CEO of P27 replacing Lars Sjögren. As mentioned in the announcement, Paula is expected to start on January 17, 2022, while Claus Richter, Deputy CEO of P27, will be taking the interim… Read More

November 1, 2021 @ 7:49 pm By Omar Faridi  |  

Australia’s first accredited and active intermediary of the Consumer Data Right (CDR) Adatree has shown the key capabilities of its SaaS tech solutions by assisting flexible payment platform Payble with accelerating its initial Accredited Data Recipient (ADR) journey to only four weeks. This has set… Read More

November 1, 2021 @ 2:34 pm By Omar Faridi  |  

Trading Technologies International, Inc., an international provider of high-performance professional trading software, infrastructure and data solutions, has announced that the firm has agreed to be acquired by 7RIDGE, a specialized growth equity company that is invested in “transformative” technologies. As mentioned in a release, 7RIDGE… Read More

November 1, 2021 @ 10:52 am By Omar Faridi  |  

UK-based Fintech firm Modulr notes that unless you’ve been living in a completely different digital dimension, you can’t have “failed to hear about the data breaches and high-profile phishing scams that have been hitting the recent headlines.” The team at Modulr writes in a blog… Read More

October 31, 2021 @ 6:14 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has announceed the finalists for the Global Fintech Hackcelerator and the Singapore Fintech Festival (SFF) Global Fintech Awards. These Awards are among “the key highlights of SFF 2021, which will take place from 8 to 12 November 2021,” according to… Read More

October 30, 2021 @ 4:25 pm By Omar Faridi  |  

American Express (NYSE: AXP) has introduced its Business Checking account intended for SMEs operating in the US. This all-digital Business Checking account aims to provide a secure, high-yield, and low fee virtual banking experience with a competitive APY of 1.1% on balances of up to… Read More

October 30, 2021 @ 4:13 pm By Omar Faridi  |  

CIMB Bank Philippines has teamed up with Lalamove in order offer convenient credit access to partner drivers via the bank’s Buy Now, Pay Later (BNPL) product offering, called REVI Credit. This partnership will allow Lalamove partner drivers to get quick access to credit for their… Read More

October 29, 2021 @ 8:23 am By Omar Faridi  |  

The team at digital asset platform Bitpanda notes that they’re pleased to welcome Joshua Barraclough on board, as Chief Executive Officer of Bitpanda Pro. As mentioned in the update, Josh joins Bitpanda from J.P. Morgan with “the ambitious goal of turning Pro into the number… Read More

October 29, 2021 @ 7:50 am By Omar Faridi  |  

LHV UK, the financial and payment services platform for Fintechs, is forming a partnership with Tuum, the modular Core banking platform providing back-end systems which aim to support transactional retail and business banking. Through the partnership, Tuum will aim to provide a single API-powered payments… Read More

October 28, 2021 @ 11:17 pm By Omar Faridi  |  

Bloomberg reveals that Mackenzie Investments, a Canadian asset management company, has adopted PORT Enterprise, which is Bloomberg’s portfolio analytics and risk management solution, in order to support its (exchange-traded-fund) ETF business. Mackenzie also uses Bloomberg AIM, an order management solution, in order to support its… Read More

October 28, 2021 @ 11:00 pm By Omar Faridi  |  

BMO Harris Bank has announced the launch of Savings Builder, a product that rewards clients for reaching certain savings targets every month. As mentioned in a release, rewards apply to Personal and Business Savings Builder accounts. Clients who create a Personal Savings Builder are eligible… Read More

October 28, 2021 @ 3:48 pm By Omar Faridi  |  

Staircase AI, a pioneer in relationship intelligence, has confirmed the completion of its $4 million seed round. The firm acquired funding from StageOne Ventures, a VC fund that’s focused on addressing major enterprise challenges, and Disruptive AI, an early-stage VC that specializes in artificial intelligence…. Read More

October 28, 2021 @ 3:18 pm By Omar Faridi  |  

Walmart (NYSE: WMT) and InComm Payments, a payments tech firm, has unveiled  a more convenient and effective way for clients to settle their bills or top-up prepaid accounts nationwide at over 4,700 Walmart locations in the US via VanillaDirect. Bringing this service to Walmart stores… Read More

October 27, 2021 @ 12:40 pm By JD Alois  |  

“We are making this country a modern science and technology superpower,” Rishi Sunak, Chancellor of the Exchequer. The Autumn Budget 2021 was unveiled today as UK Chancellor of the Exchequer Rishi Sunak took the podium in Parliament to sell his vision. Once again, the Budget… Read More

October 26, 2021 @ 11:28 pm By Tony Zerucha  |  

The British Business Bank this week announced the Recovery Loan Scheme has passed a significant milestone, with 76 accredited lenders having offered more than £1bn to smaller UK businesses. Of the £1.06 billion of funding offered through 6,190 facilities so far, £822.8m has been drawn… Read More

October 26, 2021 @ 10:36 pm By JD Alois  |  

Tomorrow (Wednesday), the UK Chancellor of the Exchequer Rishi Sunik will provide an update on the government’s 2021 budget plans. HM Treasury has already revealed much information on its tax and spending plans. While the Chancellor will have more to share, a good outline of… Read More

October 26, 2021 @ 10:01 pm By Omar Faridi  |  

Denim Social reveals that it has finalized a $5 million Series B round with FINTOP Capital and partner, JAM FINTOP BankTech, an investment fund focused on helping to develop and accelerate tech adoption at community banks across the US. The proceeds will be channeled towards… Read More

October 26, 2021 @ 2:21 pm By JD Alois  |  

Regulation Crowdfunding (Reg CF) has topped $1 billion – five years after the securities exemption became actionable for issuers in need of growth capital. According to Crowdfund Capital Advisors (CCA), 1.2+ million investors have backed over 4500 companies to achieve this milestone. The third quarter… Read More