Global

October 3, 2022 @ 10:22 am By Omar Faridi  |  

Open Banking-enabled Fintech Currensea has reportedly acquired £2.4 million in capital from VCs Blackfinch Ventures and 1818 Venture Capital. The proceeds will be used to support the Fintech platform’s ongoing growth plans. Currensea, which is the “money-saving” travel card that aims to eliminate the hefty… Read More

October 3, 2022 @ 10:17 am By JD Alois  |  

Boutique investment bank Avolta is out with an interesting report that indicates that France is bucking the trend when it comes to the global drop in venture capital funding for tech. In fact, France is predicted to hit an all-time high in 2022 for VC… Read More

October 3, 2022 @ 8:06 am By Omar Faridi  |  

MEXC, a global digital asset trading platform, has entered into a partnership to support the launch of “a rollup solution that is secured by the Bitcoin network.” Rollux OPv1 is Syscoin’s first in “a series of planned rollup implementations secured by Bitcoin’s own PoW network.”… Read More

October 3, 2022 @ 1:00 am By Omar Faridi  |  

Honeycomb confirmed recently that all the share combination (previously announced) between Honeycomb and Pollen Street Capital Holdings Limited, as announced by Honeycomb on 15 February 2022 has “successfully completed.” Chairman Robert Sharpe said: “I am delighted to share that the Combination of Honeycomb and Pollen… Read More

October 2, 2022 @ 11:56 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden are launching Project Icebreaker, a joint exploration of how central bank digital currencies (CBDCs) can be “used for international retail and remittance payments.” Cross-border payments “continue to be plagued by… Read More

October 2, 2022 @ 5:46 pm By Omar Faridi  |  

NdcTech, a global IT and consulting company providing transformational services for Banks and financial institutions has announced a collaboration with Red Hat, which claims to be the leading provider of enterprise open source solutions, “to deliver solutions based on cloud-native, open-source technologies in support of… Read More

October 2, 2022 @ 5:33 pm By JD Alois  |  

In November of 2021, the European Union adopted new rules that allow securities crowdfunding platforms to raise capital across all member states. The move has been welcomed by the industry as it will remove national barriers enabling firms to raise up to €5 million across… Read More

October 2, 2022 @ 4:04 pm By Omar Faridi  |  

ADAC Finanzdienste GmbH and Solarisbank AG will cooperate on the ADAC credit card program in the future. Solaris will “replace Landesbank Berlin (LBB) as co-branding partner for the ADAC credit card in the second half of 2023.” Until then, the partnership with LBB “will continue.”… Read More

October 2, 2022 @ 1:36 pm By Omar Faridi  |  

Joompay, a pan-European fintech start-up, celebrates the milestone of 250,000 accounts. Users can open an account online in “a manner of minutes, get a Visa payment card and immediately start saving on their purchases with select merchants, such as Joom Marketplace.” Joompay sees that among… Read More

October 1, 2022 @ 2:37 pm By Omar Faridi  |  

Monnai, a global infrastructure provider for consumer insights, announced its $3.15 million seed round led by Better Tomorrow Ventures “with participation from Commerce Ventures, Kearny Jackson and 9Yards Capital.” This new investment round “marks the company’s 1-year anniversary and follows an initial pre-seed raised at… Read More

October 1, 2022 @ 2:17 pm By Omar Faridi  |  

On stage at Converge22, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform. The announcement “includes plans to quickly scale payment offerings to unlock utility value for crypto and lower the barrier of… Read More

October 1, 2022 @ 12:22 pm By Omar Faridi  |  

Bitwage has announced a new partnership with their third UFC ambassador, and they officially launched their preferred wallet feature. On August 1st, 2022, news broke that Bitwage were collaborating with Casa and Edge as preferred wallet partners. Simply put, this means that users “can now… Read More

October 1, 2022 @ 11:49 am By Omar Faridi  |  

Li Jun, the Founder of Ontology, the project bringing trust, privacy, and security to Web3 through decentralized identity and data solutions, recently shared his views and insights with Crowdfund Insider. Li Jun talked about how Ontology has evolved over the years and achieved significant milestones…. Read More

October 1, 2022 @ 11:35 am By Omar Faridi  |  

Fast-growing fintech SaaS provider Toqio revealed that it has closed €20 million in funding “to become the platform of choice for creating new fintech solutions.” The €18.7M Series A investment round was “led by AlbionVC and includes Aldea Ventures, as well as previous investors Seaya,… Read More

October 1, 2022 @ 11:32 am By Omar Faridi  |  

Nasdaq, Inc. (Nasdaq: NDAQ) announced that it is “organizing its business units into three divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crime.” This new structure will “align the company more closely to the foundational shifts that are driving the evolution of the global financial… Read More

October 1, 2022 @ 11:27 am By Omar Faridi  |  

Bank of Ireland Group has apologized to customers for “a wide range of failures in relation to the tracker mortgage issue.” This includes “an apology for the failures which led to customer harm and detriment, and for the length of time it took to recognize… Read More

October 1, 2022 @ 10:41 am By Omar Faridi  |  

PCI Pal (LON: PCIP), the global provider of secure payment solutions, has announced that its solution, PCI Pal Digital, has been “selected by Virgin Atlantic to support the airline’s international omnichannel strategy.” The airline’s decision to update its existing PCI compliant payment handling system, and the… Read More

September 30, 2022 @ 5:10 pm By Omar Faridi  |  

The independent venture capital platform for transformative real estate technologies PropTech1 (PT1) is starting fundraising for Fund II. Thanks to the renewed participation of numerous investors from the first fund as well as well-known new investors, the minimum threshold for a first closing totaling €30… Read More

September 30, 2022 @ 3:36 pm By JD Alois  |  

Upstream has announced another reporting company trading on the blockchain-enhanced marketplace following the news that ShiftPixy (NASDAQ: PIXY) added its shares to Upstream. Jupiter Wellness  (NASDAQ:JUPW) a company that offers over-the-counter health treatments, will trade as a digital security. Jupiter is a micro-cap with a… Read More

September 30, 2022 @ 12:32 pm By Omar Faridi  |  

Immutable X, an NFT minting and trading platform and the “first” Layer 2 rapid-scaling solution on Ethereum, is partnering with StarHeroes to bring the skill-based space shooter game into the Immutable ecosystem and “to further accelerate the adoption of web3 games.” Since starting development in… Read More