Global

July 18, 2023 @ 8:57 am By Omar Faridi  |  

We recently connected with Dr. Shira Brezis, CEO & Co-founder of Redefine, the “first” end-to-end security tech for DeFi investors. Dr. Shira discussed major issues financial institutions are concerned about regarding safety and security for web3 investing. Redefine helps enable secure transactions, monitor in real-time,… Read More

July 18, 2023 @ 8:49 am By JD Alois  |  

Online investment platform SeedBlink is raising money for Dronamics for the second time. SeedBlink is a European securities crowdfunding platform that seeks to list private securities for firms raising capital from VCs as well. SeedBlink is approved under ECSPR and thus can raise funds across… Read More

July 18, 2023 @ 8:22 am By Omar Faridi  |  

Gnosis announces the imminent release of Gnosis Pay and Gnosis Card. Gnosis Pay is reportedly the first decentralized payment network “allowing web3 developers to integrate with a range of traditional payment schemes including Visa, and onboard the next millions of uninitiated users to tap into… Read More

July 17, 2023 @ 10:47 pm By Omar Faridi  |  

Every quarter, Carta releases information on the startup ecosystem in their State of Private Markets report. It can take a few weeks for rounds to be recorded on their platform, so they produce a full analysis after they get the final numbers. However, Carta publishes… Read More

July 17, 2023 @ 10:45 pm By Omar Faridi  |  

Over the past year, the European P2P market has strengthened and exhibited a trend towards moderate growth, according to an update shared by Robocash. As noted in a blog post by Robo.cash, a survey conducted in 2022 revealed that 43% of platform users indicated “that… Read More

July 17, 2023 @ 10:39 pm By Omar Faridi  |  

Ubank – NAB’s digital only bank – has reached a major milestone, celebrating its first birthday since launching its new brand in market and the completion of its migration onto new technology to improve customer experience. Ubank CEO Philippa Watson said since NAB announced the intention… Read More

July 17, 2023 @ 8:38 pm By Omar Faridi  |  

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – recently released a consultation document on its proposal to introduce a new standard condition for certain financial market license holders. The new license condition will “focus on business continuity and technology systems.” Operationally resilient… Read More

July 17, 2023 @ 4:46 pm By Omar Faridi  |  

Slide Insurance, the full-stack insurtech focused on providing affordable, effective homeowners coverage, announced it has finalized pricing for its latest catastrophe (cat) bond, closing the $100 million Purple Re Ltd. (Series 2023-2). This is the second cat bond sponsored by Slide this year, “following the… Read More

July 17, 2023 @ 12:44 pm By Omar Faridi  |  

The UK remains in a higher interest rate environment, with inflation remaining stubborn, the team at CrowdProperty noted. Recent headlines were centered around businesses (including some of the country’s biggest banks) being “challenged on profiteering in this market by dragging their feet on updating their… Read More

July 17, 2023 @ 10:58 am By JD Alois  |  

German financial regulator BaFin has launched an investigation targeting Blackfort Tech based in Estonia. In a consumer warning, BaFin said that the company offers banking business or provides financial and/or investment services on its website Blackfort.exchange, without the required authorization. Blackfort.exchange lists both an address… Read More

July 17, 2023 @ 10:38 am By Omar Faridi  |  

EstateGuru has partnered with Lemonway in order to bring the Pay by Bank online payment solution to the platform, allowing users to add funds to their accounts directly from their bank accounts. EstateGuru has shared instructions as to how it works. The firm reminds clients… Read More

July 17, 2023 @ 9:09 am By Omar Faridi  |  

German regulatory authority BaFin has reportedly extended measures at digital bank N26 in an effort to prevent illicit activities. In 2019, BaFin issued an order targeting N26, telling the Fintech to “take appropriate internal safety measures” for the prevention of money laundering and terrorist financing…. Read More

July 17, 2023 @ 7:56 am By Omar Faridi  |  

Bitso, the crypto-powered financial services company in Latin America with more than 7 million customers, announced its business partnership with Mobile Streams plc (MOS), the intelligence company data specialist, next-gen content specialist, and creator of Heroes NFT CLUB . Thanks to this alliance, Bitso will… Read More

July 17, 2023 @ 7:55 am By Omar Faridi  |  

A report from FX-as-a-Service pioneer, MillTechFX, has revealed that many corporates in North America are looking to diversify their FX counterparties after the recent banking crisis highlighted the potential risks associated with having only one or two banking partners. The report entitled ‘The MillTechFX North… Read More

July 17, 2023 @ 5:22 am By Omar Faridi  |  

Finery Markets has announced the appointment of Stanislav Bublik as the company’s new Chief Product Officer, as part of an ongoing investment in the company’s senior leadership team. Stanislav joins Finery Markets after an impressive tenure “as the Head of Trading Products at Exness, one… Read More

July 17, 2023 @ 5:22 am By Omar Faridi  |  

Commonwealth Bank of Australia has made an equity investment in Wollemi Capital, as part of the global climate specialist investment firm’s Series A capital raising. Headquartered in Sydney and with staff and investments across Australia and the US, Wollemi invests in the businesses and projects… Read More

July 17, 2023 @ 4:22 am By Omar Faridi  |  

Global Brain Corporation, Sumitomo Mitsui Banking Corporation (SMBC), and SMBC Venture Capital Management Co., Ltd. will jointly establish JPY 30 billion “SMBC-GB Growth Fund” in order “to enhance its capabilities to invest in promising startups that will underpin future economic growth in Japan.” While many… Read More

July 16, 2023 @ 1:58 pm By Omar Faridi  |  

The Hex Trust Group, an institutional-grade digital asset custodian licensed across global financial hubs, has announced Ether (ETH) staking services have now been relaunched following the Shapella upgrades on the Ethereum blockchain. Hex Trust has an Ethereum Validator Node and “plays a vital role in… Read More

July 16, 2023 @ 12:45 pm By Tony Zerucha  |  

A new report from the United Kingdom-based The Payments Association suggests the area’s burgeoning Fintech sector can play a key part in helping folks emerge from poverty. Navigating the rising cost-of-living: Payments innovation as a game-changer analyzes the cost-of-living crisis and poverty premium in the… Read More

July 16, 2023 @ 11:46 am By Omar Faridi  |  

BitMEX, which claims to again have become the world’s “leading” crypto derivatives exchange, introduces a new concept in social trading for professional traders, Guilds . Currently in βeta (testing), Guilds is accessible “to all BitMEX users – new, existing and returning, offering them the opportunity… Read More