Global

January 24, 2022 @ 10:41 am By JD Alois  |  

Coinshares reports that digital asset investment inflows totaled $14.4 million last week. While breaking a 5-week downward trend, the amount was still pretty small. Coinshares states that total assets under management (AuM) are now $51 billion, the lowest since early August 2021, having fallen 41%… Read More

January 24, 2022 @ 10:22 am By Omar Faridi  |  

NFT Investments, an incubator focused on the market for non-fungible tokens (NFTs), is pleased to confirm that it has entered into a non-binding letter of intent (LOI) for the acquisition of Pluto Digital PLC, a crypto tech and venture firm (for a “consideration” of £96… Read More

January 24, 2022 @ 9:46 am By Omar Faridi  |  

CaixaBank has introduced an environmental, social and governance (ESG) advisory service to assist its corporate and institutional customers with analyzing and establishing a sustainable strategy and positioning. With this advisory service, CaixaBank aims to promote its customers’ transition towards neutrality in carbon emissions and “guide… Read More

January 24, 2022 @ 8:39 am By Omar Faridi  |  

Earlier this month, the team at European lender Mintos had released their extensive Insight Report. Mintos noted that their monthly publication offers an overview of what’s been happening on their platform, including commentary from their team of experts, recent investor activity, educational topics, and other… Read More

January 24, 2022 @ 8:33 am By Omar Faridi  |  

Solana (SOL), which has quickly emerged as one of the largest blockchain  or distributed ledger tech (DLT) networks, was recently impacted by instability during a highly volatile week for cryptocurrencies (which saw Bitcoin, Ethereum, and other digital asset prices fall sharply). some recent metrics on… Read More

January 24, 2022 @ 8:27 am By Omar Faridi  |  

Earlier this month, the team at marketplace lender October had shared an open letter with their community. October wrote in its open letter that last year, they had committed to working hard, “with enthusiasm and curiosity.” They had promised to lend more efficiently to businesses,… Read More

January 24, 2022 @ 1:27 am By Omar Faridi  |  

Future Planet Capital, the impact-led, international VC company built to invest in high-growth firms from the world’s leading universities and research centers, has sold £18,549 with 26 days left in its campaign carried out via Seedrs. Future Plane Capital claims to be a profitable impact-VC… Read More

January 23, 2022 @ 11:25 pm By Omar Faridi  |  

SOLIVUS, a company that’s on a mission to power mega-buildings and homes with clean energy “generated on-site using new thin-film solar, overcoming weight and aesthetic challenges,” has acquired 306% (£1,531,428) of its £500,000 target from 1455 investors (at the time of writing) through its crowdfunding… Read More

January 23, 2022 @ 9:45 pm By Omar Faridi  |  

The team at UK’s MarketFinance notes that investors have continued to commit to funding small businesses in the United Kingdom despite “lingering anxieties” over the COVID-19 pandemic, Brexit and various other factors. MarketFinance VP Capital Markets, Marion Delille, has taken a look into just why –… Read More

January 23, 2022 @ 6:52 pm By JD Alois  |  

Revolut’s new stock trading feature for US accounts is placing it on a trajectory to compete with other neobanks, digital banks, and investment platforms. Revolut aspires to receive a national bank charter in the US to become a full-blown digital bank – a long and… Read More

January 23, 2022 @ 5:37 pm By Omar Faridi  |  

National governments have reportedly invested more than $25 billion into quantum computing research and more than $1 billion in VC deals have closed in the past year – “more than the past three years combined,” according to an update shared by the World Economic Forum… Read More

January 23, 2022 @ 1:07 pm By Omar Faridi  |  

The Metaverse, a relatively new concept and a term used to describe a shared, immersive digital ecosystem supported by the use of VR and augmented reality (AR) technologies, has quickly become one of the fastest-growing trends in the digital economy. It’s notably a nascent industry… Read More

January 22, 2022 @ 7:16 pm By Omar Faridi  |  

BENKER, developed by BEM Europe UAB, claims to be one of Europe’s first officially licensed blockchain neobanks. Obtaining approval from the Bank of Lithuania on January 13, 2022 to serve as an Electronic Money Institution, BENKER is reportedly one the first financial services providers in… Read More

January 22, 2022 @ 8:26 am By Omar Faridi  |  

Tide, the UK’s business financial platform, reportedly added 100,000 members in 2021, which represents an increase of 30%, “taking the total number of Tide members to almost 400,000.” Tide is now one of the largest providers of banking services to UK SMEs. 2021 saw a… Read More

January 21, 2022 @ 8:52 pm By Omar Faridi  |  

ABN AMRO Clearing is pleased to confirm the launch of a new infrastructure for business clients such as brokers to support fractional investing by their end clients. As explained in the update from ABN AMRO (AMS: ABN), fractional investing is “a method of investing in… Read More

January 21, 2022 @ 6:37 pm By Omar Faridi  |  

SaaS banking platform Mambu and an international provider of Cloud payments and financial messaging solutions, Volante Technologies, announced a collaboration to assist banks and lenders with streamlining their banking and payment infrastructures. The partnership should enable joint clients to “speed delivery of innovative payment products… Read More

January 21, 2022 @ 6:27 pm By Omar Faridi  |  

Moneycorp Americas, a provider of international payments and FX risk management solutions, has reportedly expanded its in-country payment capabilities by providing access to alternative payment channels in the APAC area, LatAm, as well as other world regions. As mentioned in a release, this fortified infrastructure… Read More

January 21, 2022 @ 5:12 pm By Omar Faridi  |  

Arabesque has formed a new partnership with Snowflake, the Data Cloud firm, enabling financial institutions and investors to “integrate Arabesque’s suite of data assets and insights into their technology stacks securely and in real-time.” As mentioned in a release, the partnership will allow Arabesque to… Read More

January 21, 2022 @ 12:38 pm By Omar Faridi  |  

Timothy Li, CEO at Alchemy and Lecturer at USC, notes that his firm is pleased and “fortunate” to extend their Fintech capabilities across the globe. https://twitter.com/SuddenlyTime/status/1484376585419427845?s=20 Timothy Li, who’s also a Senior Contributor at Crowdfund Insider, points out that during the past year, Alchemy has doubled… Read More

January 21, 2022 @ 8:42 am By Omar Faridi  |  

Routefusion, which claims to offer the most “comprehensive” Fintech solution for unlocking global expansion, has announced their $10.5 million seed “prime” funding round co-led by Canvas Ventures and Silverton Partners along with contributions from other investors. Other parties in Routefusion’s investment round reportedly include: Haymaker… Read More