Global

March 23, 2022 @ 10:49 am By JD Alois  |  

Property investment platform CrowdProperty reports that it has just completed the financing of a development projection Somerset to the tune of £9.05 million. According to an email, the project includes the construction of 69 dwellings, of which 35% will be affordable housing, on a 5.04… Read More

March 23, 2022 @ 9:36 am By JD Alois  |  

Apple (NASDAQ:AAPL), the largest company in the world by market cap, has acquired UK open banking firm Credit Kudos, according to multiple reports. Credit Kudos was apparently purchased for $150 million after putting itself up for sale earlier this year. While neither Credit Kudos nor… Read More

March 23, 2022 @ 8:48 am By Omar Faridi  |  

For the first time in “a long time,” loan investments with mid-teen interest rates (in EUR) are being offered on Mintos – with over €10 million of loan investments “added at 13%+ in the past 2 weeks.” Higher interest rates are “being offered by multiple… Read More

March 23, 2022 @ 8:04 am By Omar Faridi  |  

The Lemonade Foundation, the nonprofit founded by Lemonade to “effect exponential social and environmental impact” via technology, has announced the “formation of the Lemonade Crypto Climate Coalition.” The coalition is being “constituted as a Decentralized Autonomous Organization (DAO), dedicated to building and distributing at-cost, instantaneous,… Read More

March 23, 2022 @ 2:39 am By Tony Zerucha  |  

Capitolis today announced it has raised a $110 million Series D at a $1.6 billion valuation. The fundraise is ed by Canapi Ventures, 9Yards Capital, and SVB Capital. Existing investors in Capitolis include a16z, Index Ventures, Sequoia Capital, S Capital, Spark Capital, Citi, State Street… Read More

March 23, 2022 @ 1:18 am By Omar Faridi  |  

The Nordic-based payment service provider Avarda has reportedly chosen European open banking provider Aiia, a Mastercard company, in order to support open banking payments via its white-label payment solutions for an extensive range of retailers and merchants. Supported by the Mastercard global Open Banking platform,… Read More

March 23, 2022 @ 1:17 am By Tony Zerucha  |  

  Sellsy, a French provider of all-in-one CRM and financial management system (FMS) software solutions for SMEs, today announced the acquisition of RocketChart, strengthening its existing offering with the addition of a cash management solution. The company said this investment is the first step in… Read More

March 23, 2022 @ 12:22 am By Omar Faridi  |  

Worldline [Euronext: WLN], an international provider of payments services, has entered a partnership with Mainsys Financial Software, a Belgian IT firm that provides comprehensive banking solutions. The joint solution has been recently introduced “to manage co-badged Visa Debit-Bancontact cards.” Worldline recently presented its new strategic… Read More

March 22, 2022 @ 11:01 pm By Omar Faridi  |  

iZUMi Finance, a DeFi protocol bringing programmable liquidity mining to Uniswap V3, is teaming up with the HOURAI NFT project to “imbue its upcoming NFTs with value from iZUMi’s DeFi derivatives.” Each holder of HOURAI NFTs, if whitelisted (mint price at 0.1 ETH), will be… Read More

March 22, 2022 @ 10:42 pm By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), a “pioneer” in Cloud banking and digital transformation solutions for the financial services sector, has solidified its presence in EMEA by opening entities in Spain and France “to advance digital transformation of financial institutions in the region.” The new business entities… Read More

March 22, 2022 @ 10:27 pm By Omar Faridi  |  

To properly address the stricter compliance rules resulting from extended sanctions and resulting increase in money laundering activity, ComplyAdvantage, an international data firm providing embedded counter risk intelligence to find, mitigate and stop financial crimes and Resistant AI, an AI and machine learning company providing… Read More

March 22, 2022 @ 4:51 pm By Tony Zerucha  |  

Galileo, a subsidiary of SoFi (NASDAQ: SOFI), today announced its recent expansion into Colombia. The company currently provides services in Colombia where it can partner with issuers, banks, e-commerce, and Fintechs to enable its digital financial services offerings. Since Galileo’s arrival in Mexico in 2020, it has… Read More

March 22, 2022 @ 4:38 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE recently announced a new integration with Bipa, a Bitcoin Lightning exchange service for the Brazilian markets. The integration makes converting Bitcoin earned in games into Brazilian reals and moving it into a Brazilian bank account “literally a matter of seconds.” It is… Read More

March 22, 2022 @ 1:10 pm By Tony Zerucha  |  

Reigo Investments, a global financial real estate technology company, today announced it has closed a $100 million securitization of residential bridge loans led by Cantor Fitzgerald. The transaction marks the company’s second securitization completed since June 2021- a figure it has now doubled to $200… Read More

March 22, 2022 @ 11:40 am By JD Alois  |  

Equiduct, a pan-European securities exchange serving both individuals as well as institutions, has appointed a new Chief Financial Officer. According to a statement by the company,  Stephen Jarvis has been appointed as CFO joining the company at a “crucial moment in their growth trajectory.” According… Read More

March 22, 2022 @ 9:25 am By Omar Faridi  |  

The team at BitOoda notes that their current target Hashrate (the amount of computing power securing the Bitcoin network) analysis calls for “a back-end loaded growth in network Hashrate to 327EH/s by the end of 2022.” BitOoda writes in a blog post that the longer-term… Read More

March 22, 2022 @ 9:17 am By JD Alois  |  

OurCrowd, a leading global investment crowdfunding platform, has published its Q4 2021 High Tech Jobs Index. According to OurCrowd, their survey indicates “aggressive recruitment plans as the world turns the corner on the COVID-19 health crisis. OurCrowd states that 72% of surveyed companies increased hiring… Read More

March 22, 2022 @ 8:56 am By JD Alois  |  

  Bitbond has announced the launch of its new product called Token Tool, a service that enables public users to create tokens on Ethereum, Polygon, Avalanche, and BNB Chain. Token Tool can be used to tokenize financial assets such as bonds or stocks, utility tokens,… Read More

March 22, 2022 @ 8:17 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending March 18, 2022, there were outflows that continued “with $47 million,… Read More

March 22, 2022 @ 2:00 am By JD Alois  |  

Livestock trading and analytics platform Breedr has raised £12 million in a blend of debt and equity capital, according to a company statement. Breedr raised capital on Crowdcube last fall receiving over £2 million from 560 individual investors at a pre-money valuation of £16 million…. Read More