Global

March 27, 2023 @ 10:43 pm By Omar Faridi  |  

We recently connected with Dr. Amrit Kumar, COO at Altlayer, which focuses on building key infrastructure for Web 3.0, an evolving set of standards that aims to support the Internet of the future. Dr. Amrit Kumar (currently at Altlayer) previously co-founded Zilliqa Research, where he… Read More

March 27, 2023 @ 10:37 pm By Omar Faridi  |  

Huobi has signed a Memorandum of Understanding (MOU) with Copper. Huobi is in discussions to join Copper’s ClearLoop Network, “making it the fifth exchange to join since January 2023.” Five of the top ten global crypto exchanges have “either integrated or are working towards integrating… Read More

March 27, 2023 @ 6:45 pm By JD Alois  |  

Birchal, long the leading online capital formation platform in Australia, reports that during its fiscal Q3 2023 quarter it dominated the “crowd-sourced funding” market in the country. Birchal says that it captured 100% market share during the quarter to date, making it the only Australian… Read More

March 27, 2023 @ 6:37 pm By Omar Faridi  |  

Ledge, an automated, no-code finance operations platform, announced the launch of its new multi-bank management solution that’s designed “to help finance teams easily and nimbly manage cash balances across multiple bank accounts in real-time as executives put a renewed focus on treasury management.” Since the… Read More

March 27, 2023 @ 6:35 pm By Omar Faridi  |  

Banxa, the on-and-off ramp solution for web3, has integrated with The Graph, the decentralized infrastructure protocol, “to allow users to pay with fiat currency to access blockchain data organized by The Graph.” This integration, now “available directly in The Graph’s user interface, decreases barriers to… Read More

March 27, 2023 @ 12:13 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed charges against Binance, founder and CEO Changpeng Zhao (known as CZ), and former Chief Compliance Officer Samuel Lim with “numerous violations” of the Commodity Exchange Act (CEA) and other regulations. Filed in the U.S. District Court for… Read More

March 27, 2023 @ 9:16 am By Omar Faridi  |  

Jens Plath, Adrian Plattner and Thomas Graf will join the Executive Board of TWINT from 1 April 2023. They will support TWINT in “positioning itself for future growth.” TWINT claims that it “continues to see robust growth and is reinforcing its future strategy.” As a… Read More

March 27, 2023 @ 9:13 am By Omar Faridi  |  

Having secured its digital wallet licence, Fintech firm Purpl’s new offering will “provide Lebanese citizens at home and abroad with seamless ways of transacting.” Purpl began its collaboration with Mambu in June 2022, and the implementation took six months. Customers can now easily “access stored… Read More

March 27, 2023 @ 9:11 am By Omar Faridi  |  

Finaro, the global cross-border payment provider and fully licensed bank, has announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neobank and POS provider, Northmill, and full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership… Read More

March 27, 2023 @ 9:10 am By Omar Faridi  |  

Obligate, a Zürich-based investment platform that enables companies to issue on-chain bonds and commercial paper to receive funding, recently “opened onboarding for issuers and investors.” Built on Polygon, the L2 blockchain for institutional finance, the platform “enables the management of corporate debt financing in a… Read More

March 26, 2023 @ 11:37 pm By Omar Faridi  |  

Sygnum, the digital asset bank, announces the opening of its Middle East hub in the Abu Dhabi Global Market international financial centre “to provide a portfolio of Swiss-regulated crypto banking services.” This move should further strengthen Sygnum’s global reach, “following Sygnum Singapore’s growth via corporate… Read More

March 26, 2023 @ 10:48 pm By Omar Faridi  |  

Yoko Spirig, co-founder and CEO of Ledgy, recently shared her views on Tech Nation’s latest report (and last before it closes next month) which looks at how the nation and industry can “turn the U.K. tech sector into a $4 trillion industry.” The report states… Read More

March 26, 2023 @ 5:38 pm By Omar Faridi  |  

Nation-state cyber threat actors are expected to acquire and flex new offensive cyber capabilities in “an increasingly polarized world,” warns cyber risk analytics specialist CyberCube. In a new report, CyberCube anticipates “there will be further attempts to compromise IT supply chains and geopolitical targets such… Read More

March 26, 2023 @ 3:56 pm By Omar Faridi  |  

The European Securities and Markets Authority (ESMA)’s Digital Ledger Technology (DLT) Pilot regime is applicable from March 23, 2023, according to an update shared with CI. The Pilot reportedly “allows some exemptions from the EU’s MiFIR and CSDR regimes, making it easier for market participants… Read More

March 26, 2023 @ 2:02 pm By JD Alois  |  

OurCrowd, one of the largest digital marketplaces providing access to capital for private firms as well as investment opportunity for smaller investors, has signed a Memorandum of Understanding (MoU) with the government of Uruguay. Under the agreement, OurCrowd will partner with the Ministry of Industry,… Read More

March 26, 2023 @ 1:34 pm By Omar Faridi  |  

Checkout.com, the global payments solutions provider, and Mastercard announced that they will make Mastercard Send available to more Checkout.com customers in the Asia Pacific region, starting in Australia and Hong Kong SAR later this year. The Send service – which “powers real-time payments1 for consumers, gig… Read More

March 26, 2023 @ 12:55 pm By Omar Faridi  |  

Brightflag, the AI-powered legal operations platform, announced the findings from their 2023 Legal Operations Compensation Survey. The annual survey captures data “to help legal operations professionals, General Counsel, and HR leaders to better understand fair market compensation and trends for the legal operations function.” The… Read More

March 25, 2023 @ 4:45 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced a new partnership with U.K. based Pay.com. This partnership will “enhance and expand Pay.com’s automated payment platform into the U.S. and drive additional growth opportunities.” Gilles Gade, Founder, President and CEO of… Read More

March 25, 2023 @ 4:41 pm By Omar Faridi  |  

Dubai International Financial Centre (DIFC), the global financial centre in the MENA and South Asia region, officially announced the launch of its venture building programme, ‘DIFC Launchpad’. The initiative seeks to develop a strong venture building model “that promotes the growth of innovative start-ups and… Read More

March 25, 2023 @ 10:12 am By Omar Faridi  |  

InvestEngine, a platform that partners ETFs with investing techniques— giving users the skills & technology needed to grow their wealth, has raised 104% (£1,306,813) of its £1,250,000 fundraising target via Crowdcube from 378 investors (at the time of writing) with 20 days left in the… Read More