Uncategorized

July 15, 2025 @ 3:25 pm By JD Alois  |  

The package of crypto bills sitting in the House of Representatives hit a speed bump today as multiple Republicans voted against a procedural measure to advance the legislation. A Resolution (HR 580) which impacted the CLARITY Act (HR 3633), the GENIUS Act (S 1582), the… Read More

July 15, 2025 @ 10:24 am By JD Alois  |  

Dakota, a Fintech described as a “crypto-integrated business banking platform,” has announced a $12.5 million Series A funding round. The funding was led by CoinFund, with participation from 6th Man Ventures (6MV) and Triton Ventures. The new money is expected to be used for accelerating… Read More

July 15, 2025 @ 9:33 am By JD Alois  |  

The US Bureau of Labor Statistics released June CPI numbers today, revealing an inline report for the month at 0.3%. The annualized rate stands at 2.7% – substantially higher than the US Federal Reserve’s target rate of 2%. At the same time, real average hourly… Read More

July 14, 2025 @ 5:57 pm By JD Alois  |  

Secondary marketplace for private securities EquityZen is out with a note on Q2 activity. The company stated that Circle’s successful initial public offering on Nasdaq kicked off a resurgence in private securities activity. EquityZen shared that investors on their marketplace were able to access  Circle… Read More

July 13, 2025 @ 6:40 pm By JD Alois  |  

Last week, SEC Commissioner Hester Peirce issued a statement on tokenization and the firms are pursuing digital assets that are deemed to be securities. Commissioner Peirce is leading the SEC’s Crypto Task Force, which is caucusing with industry participants to help craft rules that support… Read More

July 12, 2025 @ 6:47 am By Tony Zerucha  |  

Relm Insurance, an insurer for emerging and innovative industries, this week announced the launch of OMEGAFINTECH and NOVAFINTECH. The two offerings are designed to eliminate coverage gaps within streamlined policies built for today’s financial innovators. Modern Fintechs face growing risks, from cyberattacks to regulatory scrutiny,… Read More

June 6, 2025 @ 3:23 pm By JD Alois  |  

Wise (LSE:WISE), a leading UK-based Fintech, published annual results this week, showing a 23% increase in cross-border volume to £145.2 billion, driven by customer growth and greater adoption of the Wise account. Wise started as a platform for transferring money globally, aiming to be a… Read More

June 3, 2025 @ 9:00 am By Tony Zerucha  |  

Trulioo, an identity platform for person and business verification, today announced its partnership with Trust Payments, one of Europe’s fastest-growing payment technology providers. Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes,… Read More

May 9, 2025 @ 11:06 am By JD Alois  |  

While European Crowdfunding Service Provider regulation (ECSPR) was expected to fuel the growth of online capital formation in Europe, the actual results have been less than stellar. As Eurocrowd explains, the “patchwork” of rules and significant investment needed to support compliance, disclosures, risk management, and… Read More

May 5, 2025 @ 12:33 pm By JD Alois  |  

Tomorrow (May 6, 2025), the Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC) will meet to discuss the Regulation A, or Reg A+, securities exemption. Reg A existed before the JOBS Act of 2012, but few issuers utilized the exemption. Following… Read More

April 17, 2025 @ 8:46 am By JD Alois  |  

The European Central Bank (ECB) has cut its benchmark rates by 25 basis points. The ECB Governing Council said the move was due to an updated appraisal of the inflation outlook while claiming the disinflation process is “well on track.” “Most measures of underlying inflation… Read More

March 17, 2025 @ 11:19 am By JD Alois  |  

In advance of next week’s Spring Statement, Trustfull CEO Marko Maras has shared his opinion that anti-fraud measures should be one of the topics covered by the Chancellor of the Exchequer, Rachel Reeves. Maras says that AI-driven fraud is increasing the amount of fraud perpetrated… Read More

March 17, 2025 @ 9:44 am By JD Alois  |  

Two competitors in the payroll, HR, and payments sector are headed to a court battle, it seems. Via X, Rippling CEO Parker Conrad announced they had filed a lawsuit alleging that Deel cultivated a spy at his company who allegedly stole company information in a… Read More

March 17, 2025 @ 9:21 am By JD Alois  |  

Klarna, a European Fintech, says it will step in and now offer Walmart (NYSE: WMT) customers its buy now pay later (BNPL) service in partnership with OnePay. OnePay is a consumer Fintech backed by Walmart and Ribbit Capital and already used on the Walmart platform…. Read More

March 6, 2025 @ 2:46 pm By JD Alois  |  

The UK Parliament Treasury Committee has issued a statement on the unfortunate occurrences of bank App outages. In early February, the Treasury Committee sent letters to nine bank CEOs demanding information on the size of the problem. At that time, the Committee noted that as… Read More

February 24, 2025 @ 7:59 am By Omar Faridi  |  

Blockdaemon Wallet, introduced in 2023, has been rebranded as Blockdaemon Institutional Vault. According to an update from Blockdaemon, the name change reflects the platform’s continued evolution into what is “considered the most secure wallet available for institutional digital asset operations and storage.” Designed to support… Read More

February 20, 2025 @ 3:38 pm By JD Alois  |  

Remitly (NASDAQ: RELY), a payments and transfers Fintech, reported Q4 earnings results yesterday and the company said that it generated “record” revenue of $351.9 million an increase of 33%. At the same time, Remitly booked a net loss of $5.7 million, an improvement over Q4… Read More

January 20, 2025 @ 9:05 am By JD Alois  |  

Fundment, a platform for financial advisors targeting High Net Worth (HNW) individuals, has raised £45 million in Series C funding. Fundment was founded by former Blackrock asset manager Ola Abdul. His goal is to leverage proprietary technology that improves the operations of the 500+ firms… Read More

January 15, 2025 @ 11:14 am By JD Alois  |  

When he is not running X, Tesla, or SpaceX, advising the President, or playing video games, Elon Musk is on X sharing information and his opinion on many global topics. Today, like every day, Musk is Xing, but this time, he is seeking developers to… Read More

January 13, 2025 @ 5:57 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has assessed $45 million in penalties on neobroker Robinhood Securities LLC and Robinhood Financial LLC. The monetary settlement concerns various charges leveled by the SEC at the broker-dealers. Robinhood Securities agreed to pay a $33.5 million penalty, and Robinhood… Read More