Global

December 22, 2021 @ 12:05 pm By Omar Faridi  |  

Kraken, which claims to be one of the largest digital asset platforms, announced it has acquired Staked for “an undisclosed sum.” Staked is described as a non-custodial staking platform that “enables investors in Proof-of-Stake networks to easily and securely compound their holdings.” According to an… Read More

December 22, 2021 @ 9:45 am By Omar Faridi  |  

Established 11 months ago by ex- Revolut professionals including CEO Lasse Kalkar and COO Anita Koimur, and CTO Evan O’Brien, LiveFlow plans to improve the way financial management is performed inside organizations. The team at LiveFlow wrote in a blog post that they are pleased… Read More

December 22, 2021 @ 9:35 am By JD Alois  |  

DeFi incubator Dispersion Holdings plc (AQSE: DEFI) has submitted an application for the listing of its ordinary shares on the Canadian Neo Exchange. Dispersion Holdings currently has a market cap of around £26 million. NEO Exchange is an early stage Fintech that aims to “re-focus… Read More

December 22, 2021 @ 9:02 am By Omar Faridi  |  

Providing a smarter way to perform monetary transactions, PollenPay, a UK-headquartered Buy Now Pay Later (BNPL) firm is pleased to confirm its launch plans. Led by company founder and CEO, Leon Wilson, the team at PollenPay plans to ease pressure on purchases, while at the… Read More

December 22, 2021 @ 9:00 am By Omar Faridi  |  

Berlin-headquartered Swarm Markets GmbH, which claims to be the first regulated “decentralized” financial infrastructure provider, announced that it will launch a peer-to-peer contract for “high value transactions in Q1 2022.” The so-called dOTC service “empowers institutions and professional investors to use the first regulated crypto… Read More

December 21, 2021 @ 4:53 pm By JD Alois  |  

Digital asset exchange BitMEX has announced its native token, BMEX. The tokens commence its airdrop on 1 February 2022 with the token becoming tradeable on BitMEX upon the launch of its Spot exchange in early Q2 2022. BitMEX is a crypto derivatives – futures marketplace… Read More

December 21, 2021 @ 4:29 pm By Omar Faridi  |  

We recently connected with Hubert Rachwalski, CEO at Nethone, a company focused on a “Know Your Users” strategy to resolve fraud, so clients are able to gain more loyal customers while rejecting only fraudsters. Hubert talked about how cybercriminals are attempting to exploit online platforms… Read More

December 21, 2021 @ 11:24 am By Omar Faridi  |  

The Sage Group plc (FTSE: SGE), which claims to be the leader in accounting, financial, HR and payroll tech for SMEs, announced that it has agreed to acquire Brightpearl, a Cloud native multichannel retail management system for retailers and wholesalers. At Sage, the company aims… Read More

December 21, 2021 @ 10:48 am By JD Alois  |  

PlainID has announced a $75 million  Series C funding round led by Insight Partners. Additional investors included Itai Tsiddon, Viola Ventures and all other existing investors, according to the company. PlainID offers its “Policy-Based Access Control” (PBAC) to enable firmst to control who can access… Read More

December 21, 2021 @ 10:34 am By Omar Faridi  |  

Proxymity has acquired $31 million in capital via its second funding round. Proxymity’s management confirmed that they will use the proceeds from the investment round to further expand their product and market presence, as part of a larger effort to offer digital global investor communications…. Read More

December 21, 2021 @ 9:12 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 in a blog post published on Monday (December 20) that for the week ending December 17,… Read More

December 21, 2021 @ 9:07 am By JD Alois  |  

Rnwl, an Insurtech startup, has closed its funding round on Seedrs. According to the offering page, Rnwl raised £492,225 from 534 investors in 34 days. Rnwl was offering equity at a pre-money valuation of £6 million. The security was EIS qualified and approved for the… Read More

December 21, 2021 @ 8:51 am By Omar Faridi  |  

Coinbase (COIN: Nasdaq) is pleased to confirm the introduction of the Community Analyst Program (or the CAP Program). As explained in a blog post by Coinbase, this is a great way for students, professionals and community members who share their “core beliefs” to contribute to… Read More

December 20, 2021 @ 11:41 pm By Omar Faridi  |  

The European Central Bank (ECB) has published an action plan to address the recommendations of an independent review “mandated by the ECB’s Governing Council in November 2020, following the five major incidents that affected TARGET2 and TARGET2 Securities in 2020.” The update from the ECB… Read More

December 20, 2021 @ 11:40 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has fined HSBC Bank plc £63,946,800 for “failings in its anti-money laundering processes.” As noted in an update from the FCA, HSBC used automated processes to “monitor hundreds of millions of transactions a month to identify possible financial crime.”… Read More

December 20, 2021 @ 10:23 pm By JD Alois  |  

Open Banking Europe (OBE) reports that it has extended its memorandum of understanding (MOU) with the European Telecommunications Standards Institute (ETSI) for three more years. OBE provides standardised solutions while working with stakeholders to facilitate a greater understanding of open banking and enable collaboration between… Read More

December 20, 2021 @ 3:23 pm By Omar Faridi  |  

European digital bank bunq has shared quick and safe ways to make contactless payments via their platform. According to bunq, gone are the days when you were required to carry physical payments cards with you everywhere, because now, most of the time, just your phone… Read More

December 20, 2021 @ 2:32 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash has provided an update on payment dates for long-term loans issued via their platform. Starting from December 16, 2021 (inclusive), investors who have purchased long-term loans “for a period of 90 days and longer will be receiving monthly interest payments every… Read More

December 20, 2021 @ 11:45 am By JD Alois  |  

Vstock Transfer, the SEC-registered transfer agent that is active in the private securities market, will open an office in Israel, according to a release. Vstock has serviced the securities crowdfunding market like Reg A+ offerings, as well as more traditional IPOs. Israel is one of… Read More

December 20, 2021 @ 10:37 am By JD Alois  |  

SingularityDAO, a spin-off of SingularityNET, has announced DynaSets – a diversified portfolio of crypto assets managed by hedge fund professionals and artificial intelligence (AI). According to a company release, DynaSets is now in Beta and hedge fund traders “will play a major role in all… Read More