Global

April 2, 2023 @ 11:16 pm By Omar Faridi  |  

As part of Boerse Stuttgart Digital, blocknox GmbH has received the final license for its business operations as a crypto custodian from the German Federal Financial Supervisory Authority (BaFin). Under the brand Boerse Stuttgart Digital, Boerse Stuttgart Group has “bundled all its cryptocurrency and digital… Read More

April 2, 2023 @ 7:36 pm By Omar Faridi  |  

Following up on their last update, TWINO have recently received the regulator’s approval to list the Polish Loan Securities with different interest rates. Thus, not only different terms but also different rates of the securities “will be available on the TWINO platform further on.” Term:… Read More

April 2, 2023 @ 6:30 pm By JD Alois  |  

Beginning on April 6, 2023, early-stage private firms will be able to tap into an improved Seed Enterprise Investment Scheme (SEIS), one of several tax policies aimed at supporting entrepreneurship and early-stage firms in the UK. The popular program is a positive for both investors… Read More

April 2, 2023 @ 5:30 pm By Omar Faridi  |  

Bud Financial Limited, a key player in Open Banking and transactional data intelligence, announced its expansion into the United States. Bud’s entry into the US market reportedly coincides “with high demand for innovative products to shake up the $20 trillion banking industry.” Backed by HSBC,… Read More

April 2, 2023 @ 5:22 pm By Omar Faridi  |  

Klarna, a global payments provider and shopping service, reveals UK consumers prefer chatting politics, fertility and break-ups than finances, but that’s set to change “with young people feeling increasingly comfortable talking about money with friends and family.” The new findings from Klarna and YouGov’s research… Read More

April 2, 2023 @ 4:00 pm By Omar Faridi  |  

We recently connected with Dan Benjamin, Co-Founder and CEO of Dig Security, which raised its $34 series A in September 2022 after emerging from stealth in May 2022. Dan has held leadership roles at Microsoft and Google, and during that time noticed customers encountered a… Read More

April 2, 2023 @ 10:44 am By Omar Faridi  |  

Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform “to help financial institutions monitor transactions to detect and prevent payments fraud in real time.” Through the partnership, financial institutions using Pidgin’s faster… Read More

April 1, 2023 @ 11:48 am By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, released its first Consumer Pulse Report. Based on the findings of a February 2023 survey of 4,000 consumers across the US, UK and Australia, “conducted on its behalf by Propeller Research, the report details the effects… Read More

March 31, 2023 @ 4:51 pm By JD Alois  |  

GlobexUS Holdings Corp., the company that powers Upstream – a digital asset marketplace, is pursuing an online securities offering to raise growth capital. Upstream is a joint venture with MERJ Exchange – the regulated marketplace based in Seychelles. Upstream has been announcing digital securities cross-listed… Read More

March 31, 2023 @ 3:41 pm By Omar Faridi  |  

The team at Binance is pleased to announce that they have officially joined the FIDO Alliance, which is described as one of the most “influential” and largest associations focused on developing passwordless authentication standards. Binance says they are committed to providing their users “with the… Read More

March 31, 2023 @ 12:17 pm By Omar Faridi  |  

Northern Trust Capital Markets (Nasdaq: NTRS)  reveals that it saw growth in its Integrated Trading Solutions business more than double over the past three years, “including 22 new clients added in 2022 as asset managers choose the platform for their outsourced trading needs.” Northern Trust… Read More

March 31, 2023 @ 10:43 am By JD Alois  |  

Private equity investment in the banking sector was down by more than half in 2022, according to a recent report provided by S&P Global Market Intelligence. The drop in PE and VC money was driven by the obvious economic decline and rising interest rates. The… Read More

March 31, 2023 @ 10:25 am By JD Alois  |  

LendInvest has launched a new Mortgage Tech Meetup event series to discuss the future of mortgage technology.  The inaugural session will focus on key trends in Mortgage Technology in 2023 and the Future of Lending. The discussion is expected to be centered on the state… Read More

March 31, 2023 @ 9:27 am By Omar Faridi  |  

Finverity, the digital ecosystem for trade and supply chain finance, announces it has raised $5 million in an equity funding round from new and current investors. New investors reportedly “include London-based Fintech specialist Outward, Amsterdam-based Acrobator Ventures and US-based s16vc founders fund with follow-on investments… Read More

March 31, 2023 @ 8:08 am By Omar Faridi  |  

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced the launch of its tokenisation engine – “enabling the creation of tokens backed by any regulated or unregulated real-world or traditional asset.” Leveraging the benefits of Web 3.0 and blockchain technology, this new service… Read More

March 31, 2023 @ 8:04 am By Omar Faridi  |  

In just a year since it launched its Jizô Network Detection & Response (NDR) solution, French cybersecurity company Sesame it reveals that it “has achieved profitability and plans to accelerate European development thanks to a €10 million fundraising.” Sesame it, which claims to be one… Read More

March 30, 2023 @ 5:19 pm By JD Alois  |  

Signature Bank, soon to be part of Flagstar Bank (a subsidiary of New York Community Bancorp Inc.), has given the boot to deposits by crypto firms. According to multiple reports, the FDIC has crypto-affiliated accounts to leave by April 5th. After that, the check will… Read More

March 30, 2023 @ 12:36 pm By Omar Faridi  |  

Bitso, the cryptocurrency-powered financial services company in Latin America, surpassed more than $3.3 billion in transactions between the United States and Mexico in 2022 through its Crypto 4 Business service, “mainly used by remittance and payment processors.” This volume is triple the amount “processed by… Read More

March 30, 2023 @ 12:21 pm By JD Alois  |  

Ledger, a digital asset firm based in France, has raised an additional €100 million (~$108.3 million) to fuel the company. The valuation was set in 2021 at €1.3 billion during the initial Series C round – so not exactly a down round but flat –… Read More

March 30, 2023 @ 11:22 am By Omar Faridi  |  

New research from Payoneer (NASDAQ: PAYO) shows almost half (46%) of surveyed freelancers around the world “have seen an increase in demand for their work from global businesses compared to 2021, and over half (55%) have taken on more work in response to the rising… Read More