Global

July 27, 2023 @ 8:07 am By Omar Faridi  |  

The IOTA Foundation and Shimmer teams have been working diligently on various aspects of their respective projects to enhance functionality, research new possibilities, and engage with the community. These advancements and collaborations demonstrate “the commitment of the IOTA ecosystem to drive innovation, foster community engagement,… Read More

July 27, 2023 @ 8:03 am By Omar Faridi  |  

OakNorth Credit Intelligence (ONci), the SaaS partner for commercial banks to lend smarter, faster, and more, announces a major product enhancement of the ON Climate application that allows users to analyze transition risk and impact for each year up until 2050. The ON Climate application… Read More

July 27, 2023 @ 8:00 am By JD Alois  |  

Digital security platform Securitize will become the first entity to enable tokenized securities in the European Union – as well as the US. Securitize has been approved for tokenized assets under an EU pilot regime. The company holds security licenses in both the US and… Read More

July 26, 2023 @ 10:30 pm By Omar Faridi  |  

CertiK has successfully completed the formal verification of HyperEnclave, an innovative open and cross-platform Trusted Execution Environment (TEE) from Ant Group’s Trust Native Technology team. This marks the first time in the industry that such “an in-depth formal verification process has been completed for a… Read More

July 26, 2023 @ 8:43 pm By Omar Faridi  |  

  Travis Everett, Chief Operating Officer (COO) of National Merchants Association (NMA), has shared key insights with Crowdfund Insider on FedNow, the new instant payments and transfer service offered by the US Federal Reserve. The new service became operational this past week, with 35 financial… Read More

July 26, 2023 @ 3:34 pm By Omar Faridi  |  

Rainbow Energy says they have some updates for their business customers. They are now working with Funding Circle (LSE: FCH), which claims to be the leading platform for small business loans, as a trusted partner in order “to help small businesses get the infrastructure in… Read More

July 26, 2023 @ 3:32 pm By Omar Faridi  |  

Currencycloud, which claims to be the expert team simplifying business in a multi-currency world, has partnered with Malaysia-based GAT Investment Bank in order to launch GAT Money, an app offering an alternative solution to new clients who “need a global banking solution which offers access… Read More

July 26, 2023 @ 1:17 pm By Omar Faridi  |  

Fintech unicorn Tipalti recently announced an additional $150M in growth financing, bringing the company’s total equity and debt raise to more than $700M. Led by JP Morgan Chase Bank and Hercules Capital, this incremental growth financing will enable Tipalti to further invest in product innovation… Read More

July 26, 2023 @ 12:28 pm By JD Alois  |  

Elon Musk continues to discover new territory with his purchase of Twitter. Having now rebranded Twitter as “X,” Musk recently described X as morphing into an “everything app.” Musk says that from a media platform allowing free speech, X will become a “comprehensive communications” provider… Read More

July 26, 2023 @ 10:27 am By Omar Faridi  |  

Mithril is nearing its mainnet release. Currently in its final testing stages, Mithril is preparing “for a mainnet launch.” As noted in a blog post, Mithril is a stake-based signature scheme and “a protocol that improves the speed and efficiency of nodes’ syncing times.” Mithril… Read More

July 26, 2023 @ 7:53 am By Omar Faridi  |  

Thales (Euronext Paris: HO) announces that it has reached an agreement with Thoma Bravo, a major software investment firm, for the acquisition of 100% of Imperva, a US-based data and application cybersecurity company, for an enterprise value of $3.6 billion1. With this acquisition, Thales is… Read More

July 26, 2023 @ 7:52 am By Omar Faridi  |  

Revolut, the global financial super-app with more than 30 million customers globally, consistent with its ongoing mission to give customers more control over their finances and connect people seamlessly across the world, announces it is “offering accounts to non-US citizens in the US, who do… Read More

July 26, 2023 @ 7:43 am By Omar Faridi  |  

Digital bank N26 announced the appointment of Carina Kozole as Chief Risk Officer and Managing Director of N26 AG. She will begin in her new role later this year, and will “assume responsibility for risk management at the digital bank.” Carina reportedly brings “with her… Read More

July 26, 2023 @ 6:46 am By Omar Faridi  |  

For the first time, DriveWealth says it is expanding the range of tradeable asset classes on its platform: their partners can now “build options trading experiences all within their investing APIs.” Equity options have “grown in popularity with retail investors over the past decade, largely… Read More

July 25, 2023 @ 11:21 pm By Omar Faridi  |  

One year after launching its marketplace, Nubank (NYSE:NU), one of the world’s largest digital financial services platforms, is partnering with the traditional retail chain Casas Bahia in order “to implement a new shopping experience in its app.” Now, Nu customers will “have an even more… Read More

July 25, 2023 @ 10:17 pm By Omar Faridi  |  

Bangko Sentral ng Pilipinas (BSP) reports that personal remittances from Overseas Filipinos (OFs) reportedly “reached US$2.78 billion in May 2023, higher by 2.9 percent than the $2.70 billion registered in the same month last year.” The increase in personal remittances in May 2023 was “due… Read More

July 25, 2023 @ 1:23 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has issued a statement on the recent bust-up over Coutts canceling a high-profile account due to its internal “values.”  Coutts, which is owned by NatWest, shut down the account of former UKIP leader and noted Brexit supporter Nigel Farage… Read More

July 25, 2023 @ 11:54 am By Omar Faridi  |  

Pebble Finance, a registered investment advisor, introduces an innovative app designed for digital natives that helps address the investing challenges faced by individuals who are often overlooked due to their limited financial resources. Whether driven by personal values or the desire to capitalize on emerging… Read More

July 25, 2023 @ 11:45 am By JD Alois  |  

Dalmore Group is a broker-dealer that provides tech-enhanced services for private companies that are looking to raise money online. Providing assistance to companies raising capital under  Reg CF, Reg A+, and Reg D, Dalmore reports more than 1000 companies have utilized their services, raising over… Read More

July 25, 2023 @ 10:28 am By JD Alois  |  

Global private equity and venture capital deals with a valuation of one billion dollars are more are experiencing their slowest-ever year since 2019, according to S&P Global Market Intelligence. For the year until July 13th, there have been 33 deals at $99.47 billion. During Q2,… Read More