Global

June 20, 2022 @ 3:07 pm By Omar Faridi  |  

Aerotruth, an Australian and New Zealand startup established by former WorldRemit executives, has signed up LuLu Financial Holdings and Samsara Remit as marquee clients for its online platform developed to simplify and enhance the partner B2B onboarding process for Fintech firms, banking institutions and other… Read More

June 20, 2022 @ 12:51 pm By Omar Faridi  |  

Blockchain Intelligence Group, a global cryptocurrency compliance and intelligence company, owned by BIGG Digital Assets Inc. (CSE: BIGG), is pleased to announce the launch of NFT Explorer, “the first risk and investigation solution for NFTs, built on the QLUE™ data analytics platform.” Development of the… Read More

June 20, 2022 @ 11:52 am By JD Alois  |  

Solend, an “interest rate machine” for lending on Solana, has recently encountered an issue with its protocol during a difficult time with the entire crypto sector. Solend has had to revamp its protocol due to an “extremely large margin position.” Apparently, an unnamed Whale was… Read More

June 20, 2022 @ 10:47 am By Omar Faridi  |  

Binance Pay, a contactless, borderless, and secure user-to-user cryptocurrency payment feature by Binance, recently announced its partnership with Splyt, a superapp enabler with a network of partners in more than 150 countries. The partnership will “allow Binance users to seamlessly access ride-hailing services and experiences… Read More

June 20, 2022 @ 10:43 am By JD Alois  |  

OurCrowd, a leading global securities crowdfunding platform, has partnered with the Singapore Economic Development Board (EDB) in the Global Innovation Alliance (GIA) program, according to a statement issued by OurCrowd. The goal is to boost international collaboration between the two countries to increase investment as… Read More

June 20, 2022 @ 9:23 am By JD Alois  |  

TWINO, a peer-to-peer lending platform and emerging brokerage, is planning to raise capital on Seedrs, a leading UK/European investment crowdfunding platform. Twino said it will officially make the announcement later this month along with more details on the equity offering. TWINO has bootstrapped its operations… Read More

June 20, 2022 @ 8:23 am By Omar Faridi  |  

Immutable, powering the “next generation” of Web3 games as the carbon-neutral, scalable platform for trading NFTs on Ethereum, has announced the launch of its inaugural development fund, Immutable Ventures. The Immutable Developer and Venture Fund is “dedicated to supporting web3 games and NFT-centric companies that… Read More

June 20, 2022 @ 2:27 am By Omar Faridi  |  

Salesforce, which claims to be the global leader in CRM, recently announced it is working with Revolut, the global financial Superapp, “to help grow Revolut Business.” Revolut Business launched in 2017 “to provide companies with multi-currency exchange services, merchant acquiring, and corporate debit cards to… Read More

June 20, 2022 @ 2:00 am By Omar Faridi  |  

Funding Circle recently appointed a new Managing Director to lead FlexiPay expansion. Funding Circle, which claims to be one the UK’s largest small business loan platforms, confirmed the appointment of Jerome Fernandez as Managing Director, FlexiPay. FlexiPay is described as “the first short-term finance product… Read More

June 20, 2022 @ 1:01 am By Omar Faridi  |  

Bits of Stock, the stock rewards platform, recently secured $4.4 million in seed funding from Keen Venture Partners and Yellow Accelerator by Snap Inc. On a mission to “reverse” wealth inequality, Bits of Stock intends to use the proceeds “to double its size and onboard… Read More

June 19, 2022 @ 11:55 pm By Omar Faridi  |  

Japan’s Financial Services Agency (FSA) and the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan: OJK) have exchanged letters on Fintech Cooperation Framework “regarding Innovation in the financial sector.” This will lead to “increased exchanges regarding innovative trends and strengthen the cooperative relationship between the… Read More

June 19, 2022 @ 3:16 pm By Omar Faridi  |  

Momentum in Alberta’s Fintech sector continues to build as crypto exchange company FTX revealed plans to establish its first Canadian location in Calgary after the acquisition of Calgary-based Bitvo — a trading platform “offering Canadians a secure and easy way to buy, sell and trade… Read More

June 19, 2022 @ 3:07 pm By Omar Faridi  |  

Efma has recently unveiled a new name, new logo, and new purpose “as part of an extensive rebranding initiative.” Now, Efma is called Qorus (pronounced kaw-ruhs). Efma has “approached the half-century mark of its existence and undertaken the most important transformation in its history –… Read More

June 19, 2022 @ 12:54 pm By Omar Faridi  |  

Digital asset firm Okcoin notes that even when the crypto markets are down, they are still  focused on hiring “top” talent and building for the long term. Okcoin confirmed that they are hiring globally “for over 100 roles across all teams.” They’re also “doubling down… Read More

June 18, 2022 @ 3:03 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) Innovation Hub is announcing a new set of projects across its various centers, “updating its 2022 work program.” They include the first three projects of the upcoming Eurosystem Centre and the first in-depth explorations in cybersecurity. The Eurosystem Centre… Read More

June 18, 2022 @ 2:45 pm By JD Alois  |  

Bitcoin, along with the broader crypto market, continues to sink lower having finally breached the $20,000 mark  – now trading at around $18,500. It was just last November that Bitcoin was hitting new all-time highs of around $68,000. Bitcoin last traded under $20K back at… Read More

June 18, 2022 @ 1:54 pm By Omar Faridi  |  

Visa (NYSE: V) has introduced Latin America’s first crypto cards, through partner firms based in Brazil and Argentina. Working cooperatively with Fintech startups and other companies in the region, Visa will reportedly issue cards that allow consumers to receive Bitcoin (BTC) cashback with each  payment… Read More

June 18, 2022 @ 1:50 pm By Omar Faridi  |  

Intesa Sanpaolo announces that it has strengthened its partnership with Nexi, an international firm focused on merchant acquiring, in order “to expand the areas of collaboration.” The latest agreement will “enable the development of both partners’ activities in Croatia.” The agreement, which follows the operations… Read More

June 17, 2022 @ 7:49 pm By Omar Faridi  |  

Aviva reportedly helps millions of customers with planning for their futures so its a key moment for the Open Banking community when they decide “to make a move in this space.” Bud‘s management noted that they’re looking forward “to supporting them along the way.” It’s… Read More

June 17, 2022 @ 6:48 pm By JD Alois  |  

Klarna, a European buy now – pay later (BNPL) platform that has experienced rapid growth, is planning to raise additional funding in a down round that may be a warning sign for the entire BNPL sector. According to a report by WSJ.com, Klarna is aiming… Read More