Strategy

November 14, 2021 @ 9:39 pm By Omar Faridi  |  

Xero Limited (ASX: XRO) has revealed that it’s acquiring LOCATE Inventory (the trading name of New Tack, Inc), a US Cloud-powered inventory management provider, in order to better support the inventory requirements of small businesses and improve its e-commerce capability. As mentioned in an update… Read More

November 10, 2021 @ 11:43 am By Omar Faridi  |  

Nexo, one of the regulated institutions for crypto-assets, has reportedly acquired a stake in Texture Capital Holdings Corp., which is the parent firm of Financial Industry Regulatory Authority (FINRA) member and SEC-registered broker-dealer Texture Capital. As mentioned in an update shared with CI, this investment… Read More

November 9, 2021 @ 2:41 pm By Ahmad Glover  |  

When it comes to small businesses and startups, funding is crucial. It’s also one of the most difficult steps in the entrepreneurial journey. Why? Because nine out of 10 startups fail within a decade of forming, and financial problems are one of the main culprits…. Read More

November 8, 2021 @ 9:12 am By Omar Faridi  |  

First Internet Bancorp (Nasdaq: INBK), the parent firm of First Internet Bank, has announced that it has entered into an agreement to acquire First Century Bancorp, the parent company of First Century Bank, N.A. With head offices in Roswell, GA, First Century is a tech-focused… Read More

November 2, 2021 @ 7:25 pm By Tony Zerucha  |  

The founder of deVere Group predicts pending central bank interest rate announcements could cause a rise in the price of major cryptocurrencies this week. Nigel Green said the U.S. Federal Reserve, the Bank of England, the Central Bank of Norway, and the Reserve Bank of Australia,… Read More

November 2, 2021 @ 8:44 am By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, announced that it has completed its acquisition of German Fintech firm, viafintech, in an all-cash deal. viafintech, known under the brands of Barzahlen/viacash and viacash, provides bank-independent, payments infrastructure in the DACH region, “allowing a popular alternative to the… Read More

November 2, 2021 @ 7:48 am By Omar Faridi  |  

Klarna, an international retail bank, has entered an agreement to acquire PriceRunner. As mentioned in a release, PriceRunner will aim to bring new features in the form of product reviews, rich product discovery and price comparisons to the Klarna app in order to improve the… Read More

November 1, 2021 @ 2:34 pm By Omar Faridi  |  

Trading Technologies International, Inc., an international provider of high-performance professional trading software, infrastructure and data solutions, has announced that the firm has agreed to be acquired by 7RIDGE, a specialized growth equity company that is invested in “transformative” technologies. As mentioned in a release, 7RIDGE… Read More

October 31, 2021 @ 5:20 pm By Omar Faridi  |  

Decentralization is one of the core tenets or value propositions of blockchain or distributed ledger technology (DLT). As explained in a blog post by Qtum (QTUM), decentralization is the process by which the “governance activities of an organization are distributed or delegated away from a… Read More

October 28, 2021 @ 8:31 am By Omar Faridi  |  

Accenture (NYSE: ACN) has reportedly acquired BCS Consulting, a UK-based management consultancy that provides complex business change for financial services companies. With head offices in London, BCS Consulting’s 250 strong team joins Accenture’s U.K. Financial Services Strategy and Consulting practice, the announcement noted while adding… Read More

October 24, 2021 @ 4:27 pm By Omar Faridi  |  

The team at P2P lender Robo.cash notes that the popularization of the secondary market in the European markets has surged considerably this year, exceeding the activity in 2020. As for Robo.cash, every month since 2020, the volume of secondary market transactions has “grown by an… Read More

October 24, 2021 @ 4:04 pm By Omar Faridi  |  

The team at digital assets firm Binance notes that the crypto and blockchain industry has grown considerably during the past few years, both from a technology adoption and “new user perspective.” When they launched Binance, they decided that it would be their “unwavering” commitment to… Read More

October 23, 2021 @ 12:55 pm By Omar Faridi  |  

Accelar has introduced a Nature Finance Impact Hub, which aims to boost market confidence in nature-positive initiatives, by isolating their key financial and environmental benefits. A strategy and sustainability consultancy, Accelar’s main business and goal is to assist with promoting the clean growth transition by… Read More

October 21, 2021 @ 12:09 pm By Omar Faridi  |  

Lukka, an enterprise crypto-asset data and software solution provider, has acquired Blox Finance, the digital currency accounting, tracking and management software subsidiary of Blox, an ETH staking and decentralized infrastructure provider. According to a release, Lukka has purchased Blox blockchain node infrastructure and intellectual property…. Read More

October 19, 2021 @ 9:47 pm By Omar Faridi  |  

TietoEVRY is announcing its new strategy to promote better customer value and growth via specialization. The technology industry is being transformed with the Cloud as the foundation, offering expansion opportunities for the firm. Expansion will mainly focus on Cloud-native services, data & software engineering and… Read More

October 19, 2021 @ 9:54 am By JD Alois  |  

There has been a lot of discussion about the first Bitcoin ETF to trade on a US-based exchange. ProShares Bitcoin Strategy ETF (NYSE:BITO) commenced trading today and currently is trading slightly higher. But there has been a fair amount of criticism regarding this ETF because… Read More

October 19, 2021 @ 8:02 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 (October 18) that for the week ending October 15,… Read More

October 11, 2021 @ 10:53 am By JD Alois  |  

Wefunder, a leading investment crowdfunding platform that primarily issues securities using the Reg CF (Regulation Crowdfunding) securities exemption, recently touted the fact that most securities offerings on its market are for Preferred shares. Wefunder stated that not 100% of offerings are for Preferred but said… Read More

October 2, 2021 @ 12:25 pm By Omar Faridi  |  

Vtivek Ravi, Product Manager in the Risk and Compliance Department at EstateGuru, a property-backed loan marketplace catering to retail investors, joined the company at their Tallinn office around seven months ago. Vivek notes that his goal is to learn more about the overall risk and… Read More

September 25, 2021 @ 10:55 am By Omar Faridi  |  

The peer-to-peer (P2P) market volumes for the first 8 months of this year are comparable to the GDP of the Maldives and Fiji, according to an update from Croatian P2P lender Robo.cash. The number of P2P investors is reportedly greater than the population of 52… Read More