General News

November 23, 2019 @ 10:00 am By JD Alois  |  

Legaltech platform Bootstrap legal has merged with Sosnow & Associates, the law firm launched by Robin Sosnow. Bootstrap Legal is a Legaltech platform that streamlines the process of drafting legal documents for real estate offerings. Bootstrap Legal is the creation of its affiliate, the Law… Read More

November 23, 2019 @ 9:00 am By JD Alois  |  

While not exactly a stocking stuffer, GiveBitcoin, launched this week, wants to provide an easy way for people to gift Bitcoin this holiday season. Part of the goal, according to the company, is to turn recipients into “real Bitcoiners” by the time their gift unlocks…. Read More

November 23, 2019 @ 1:53 am By Omar Faridi  |  

nsKnox, an established provider of cybersecurity protection for business payment technology, revealed on November 21 that it has teamed up with Big Four auditing firm KPMG. According to a release, KPMG’s Israel division will serve as the global distributor and service provider of, KPMG Secure… Read More

November 23, 2019 @ 12:02 am By Omar Faridi  |  

Holdings, Inc. (NASDAQ: PYPL) revealed on November 20 that it has decided to  acquire Honey Science Corporation, a fast-growing tech platform for shopping and rewards, for around $4 billion. Honey, along with PayPal’s two-sided network, will focus on improving the shopping experience for PayPal’s customers,… Read More

November 22, 2019 @ 11:47 am By Omar Faridi  |  

New York-based Citigroup Inc.,  (NYSE:C)an American multinational investment bank and financial services corporation, has been named the “World’s Best Digital Bank” by Global Finance Magazine. Notably, this is the 18th consecutive year that Citi has been ranked as the best digital bank worldwide by the… Read More

November 22, 2019 @ 11:40 am By JD Alois  |  

Reg CF or “Regulation Crowdfunding” as it was officially named, was created in 2012 under the JOBS Act but became actionable in May of 2016 as the Securities and Exchange Commission took a bit of extra time in completed their side of the task.  Since… Read More

November 20, 2019 @ 11:20 am By JD Alois  |  

The US Securities and Exchange Commission (SEC) has scheduled a conference tackling the topic of “The State of Our Securities Markets.” The event, which is open to the public, will take place on December 4th, 2019 at SEC HQ on F Street in Washington, DC. The… Read More

November 20, 2019 @ 10:32 am By JD Alois  |  

iCapital Network, a Fintech platform connecting investors to alternative assets, has signed a partnership with PIMCO to connect high net worth individuals (HNW) to non-traditional investments. PIMCO is enormous, one of the world’s largest investment managers with well over $1 trillion in assets under management…. Read More

November 20, 2019 @ 8:13 am By JD Alois  |  

Leading digital bank Revolut is partnering with Mastercard to help repair four schools destroyed by  Cyclone Idai in Mozambique. The charitable project is also in support of Universal Children’s Day. According to Revolut, customers are able to round up their spare change and donate the… Read More

November 20, 2019 @ 12:27 am By Omar Faridi  |  

OPay, a Nigeria-based mobile money service and ride-hailing app, revealed on November 18 that it had acquired $120 million in funding through a Series B investment round just months after it raised $50 million in a separate round. The African venture capital market has been… Read More

November 19, 2019 @ 3:58 pm By JD Alois  |  

NYC FinTech Women has published its list of Inspiring Fintech Females 2019. NYC FinTech Women serves over 2,000 members through mentorship, sponsorship, and networking opportunities and publishes their annual list to recognize the achievements of women in financial technology. According to NYC FinTech Women, the… Read More

November 18, 2019 @ 9:34 am By Omar Faridi  |  

Switzerland-based Nestlé, a food and drink processing conglomerate, has teamed up with Carrefour, a French multinational retailer, in order to “apply blockchain technology to infant nutrition for the first time.” According to a recent press release: “After being the first to apply blockchain technology to… Read More

November 17, 2019 @ 2:50 pm By Omar Faridi  |  

Cashaa, a cryptocurrency-friendly banking service provider, recently revealed that it’s introducing US dollar bank accounts for companies dealing in digital currencies. The new accounts are being offered through a partnership with Metropolitan Commercial Bank. Beginning on November 25, 2019, crypto-asset dealers and other high-risk business… Read More

November 17, 2019 @ 2:42 pm By Omar Faridi  |  

Switzerland-based Avaloq, a company that offers a standardized Business Process as a Service (BPaaS) or Software as a Service (SaaS) model to financial institutions and wealth management platforms, revealed recently that it has finalized its acquisition of Derivative Partners, which was first announced in July… Read More

November 15, 2019 @ 2:26 pm By JD Alois  |  

Nesta, in partnership with Open Banking Limited (OBL), has announced the Open Up 2020 Challenge finalists. According to Nesta, the 15 finalists were selected out of 107 entries. Many of these Fintechs are live and in the market already. This group of Fintechs will compete… Read More

November 15, 2019 @ 10:59 am By Omar Faridi  |  

A recent analysis performed by Paysend, a company that allows money transfers to any Visa, Mastercard, UnionPay cards and to regular bank accounts, has revealed the world’s top ten nations with the greatest gender divide for accessing modern financial services such as banking accounts and… Read More

November 14, 2019 @ 10:02 pm By Omar Faridi  |  

The Bank of Georgia has introduced an artificial intelligence (AI)-enhanced retail banking platform, called mBank, in order to offer its clients an improved, innovative, and personalized online banking experience. mBank is a newly developed “smart’ personal finance management (PFM) software platform. It has been created… Read More

November 14, 2019 @ 9:34 pm By Cali Haan  |  

Popular free pornography site PornHub has announced in a blog post that payments giant PayPal has stopped servicing payments to over 100 000 porn performers who sell extras through the site. According to PornHub: “We are all devastated by PayPal’s decision to stop payouts to… Read More

November 14, 2019 @ 3:13 pm By JD Alois  |  

Wefunder is the largest Reg CF (Regulation Crowdfunding) portal in the US. While having completed Reg D offerings in the past and the occasional Reg A+ offering, Wefunder is mainly a CF portal. A Wefunder spokesperson recently shared the below comment with Crowdfund Insider: “Wefunder… Read More

November 14, 2019 @ 9:12 am By Omar Faridi  |  

Uncork Capital, a seed-stage VC firm, led a $4 million investment round for blockchain analytics company Messari. Coinbase Ventures, the venture capital arm of San Francisco-based crypto exchange Coinbase, also took part in Messari’s latest funding round. Messari’s management confirmed on November 13 that it… Read More