Global

June 28, 2021 @ 1:55 pm By Omar Faridi  |  

The Mysterium Network will be integrating PARSIQ‘s “collateral-free” staking service, called the IQ Protocol Node operators and MYST token holders will be able to take advantage of the benefits of an “industry-first” staking solution developed by IQ Protocol integration, according to a release shared with… Read More

June 28, 2021 @ 1:06 pm By Omar Faridi  |  

Equifax UK revealed on Monday (June 28, 2021) that they have appointed Phil McGilvray to serve as the new Managing Director for the firm’s Debt Services business, which incorporates TDX Group and Indesser. An experienced commercial leader with a career of over 20 years focused… Read More

June 28, 2021 @ 12:03 pm By Omar Faridi  |  

Crypto.com revealed on Monday (June 28, 2021) that they are teaming up with global Fintech firm Circle, in order to offer USD deposits and withdrawals to more than 30 different countries. Crypto.com clients may now transfer USD from their bank accounts and get USD Coin… Read More

June 28, 2021 @ 8:27 am By JD Alois  |  

Gibraltar Finance, the business development arm of HM Government of Gibraltar, is partnering with NFT Vision Hack, to encourage creative solutions to the NFT [non-fungible token] sector.  The global hackathon takes place from July 3 to August 30, 2021. Gibraltar has long sought to position… Read More

June 28, 2021 @ 8:15 am By JD Alois  |  

Smart Lenders AM, an asset management firm that invests in loans originated on online lending platforms, reports that in June it topped $1 billion in purchases through online lending platforms. The loans include $900 million of consumer loans and $100 million of SMB loans. Launched… Read More

June 28, 2021 @ 7:48 am By Priyanka Pani  |  

AI-based auto finance platform Lendbuzz has raised a total $360 million investment in part debt and equity. The US-based fintech started by two Israeli entrepreneurs –Amitay Kalmar and Dan Raviv, has raised $60 million in Series C equity financing led by Wellington Management, Goldman Sachs… Read More

June 28, 2021 @ 7:39 am By Omar Faridi  |  

The spin-off of Fintech firm Tinka, a deferred payments provider, has initiated a new phase in the digital and business transformation of former Wehkamp Finance. Tinka aims to simplify customer purchases with deferred payment options and also by offering installment plans for retailers based in… Read More

June 27, 2021 @ 11:29 pm By Omar Faridi  |  

Emma, a company that’s on a mission to be the control center for your money, has secured  £1,889,342 from 2,588 Investors (at the time of writing) via Crowdcube. Backed by Connect Ventures and other leading VCs, Emma had a £1,000,000 fundraising target. Emma reports a… Read More

June 27, 2021 @ 10:21 pm By Omar Faridi  |  

UK-based Assetz Capital, a peer-to-peer lender that originates secured loans, notes that it’s pleased to be offering a summer rate “reduction of 0.45%” across all of its loan products to borrowers until July 31, 2021. As mentioned in a blog post by the Assetz Capital… Read More

June 27, 2021 @ 10:00 pm By Omar Faridi  |  

FETCH, a transformative Fintech firm that’s focused on “driving efficiency & precision guest location for food & drink ordering & payments,” has acquired £1,414,473 from 246 investors (at the time of writing) via Seedrs. FETCH has now achieved 141% of its £1,000,013 target with 34… Read More

June 27, 2021 @ 7:59 pm By Omar Faridi  |  

Paxful, a globally accessible peer-to-peer marketplace supporting transactions with Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), reveals that its digital commerce solution has been allowing businesses and individuals to seamlessly receive and send payments. Paxful now supports nearly 400 different payment methods on its platform…. Read More

June 27, 2021 @ 4:19 pm By Omar Faridi  |  

The team at digital assets firm Kraken recently alerted users that modified hardware wallets were “spotted in the wild.” Recently, someone on the Ledger subreddit had reported getting an unsolicited package with a Ledger Nano X accompanied by a letter from “the CEO” at Ledger…. Read More

June 27, 2021 @ 4:16 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

June 27, 2021 @ 11:54 am By JD Alois  |  

Yesterday, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. The FCA stated that n other entity in the Binance Group holds any form… Read More

June 27, 2021 @ 11:42 am By Omar Faridi  |  

Digital asset exchange Binance will reportedly stop offering services in Ontario, Canada after the local government decided to launch a regulatory crackdown on crypto-related businesses. Binance’s management confirmed on Friday (June 25, 2021) that all Ontario-based customers need to close out their active positions by… Read More

June 26, 2021 @ 2:33 pm By JD Alois  |  

Fintual, a “General Fund Administrator” regulated in Chile by the Commission for the Financial Market, has raised $15 million in a funding round led by KaszekVentures. As quoted in TechCrunch, Pedro Pineda, co-founder and CEO of Fintual, said in creating his company he wanted to… Read More

June 26, 2021 @ 2:31 pm By Omar Faridi  |  

Finlombarda Spa, the financial institution of Lombardy Italian region, will be supporting the relaunch of Lombardy economy via the Italian alternative financing project, known as “Credito F.A.C.I.L.E.”. As mentioned in an update published on June 23, 2021, by October, this acronym means “simple” in Italian… Read More

June 26, 2021 @ 12:39 pm By Omar Faridi  |  

Switzerland’s Instimatch Global, a digital platform for institutional short-term money market trading, is teaming up with Swiss Fintech FQX to complement its main offering by providing  eNotes™, which is described as a disruptive short-term financing and payment tool. As noted by its management: “FQX provides… Read More

June 26, 2021 @ 12:18 pm By Omar Faridi  |  

EQONEX Exchange reveals that it recently surpassed $5 billion in 30-day trading volume. Diginex Limited (Nasdaq: EQOS), which recently rebranded its business to EQONEX Group, a digital assets financial services firm, confirmed on Friday (June 24, 2021) that the total spot and derivative trading volumes… Read More

June 26, 2021 @ 7:10 am By Omar Faridi  |  

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More