July 12, 2023 @ 4:58 pm By Omar Faridi  |  

The LBRY case judge has recently made a ruling on whether secondary cryptocurrency sales are considered to be securities. Back in January 2023, attorney John Deaton had reportedly convinced the Judge in the US Securities and Exchange (SEC) vs. LBRY court case that secondary LBC… Read More

July 12, 2023 @ 2:47 pm By Omar Faridi  |  

Solaris SE, Europe’s embedded finance platform, announced the EUR 38 million first close of its Series F round, led by existing investors. As previously stated, Solaris will “use the funds primarily to strengthen governance and compliance and lay the foundation for the company’s next phase… Read More

July 12, 2023 @ 2:19 pm By Omar Faridi  |  

Citi (NYSE: C) has announced the launch of a new platform, CitiDirect Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi’s significant strategic investment plan “to meet the growing global needs of these clients by delivering… Read More

July 12, 2023 @ 1:25 pm By Omar Faridi  |  

EBANX, a global fintech specializing in payments for rising markets, and Nubank, one of the world’s largest digital financial services platforms, announced a partnership to offer a new alternative payment method for international purchases, NuPay, a payment method developed by Nubank (NYSE: NU). The partnership… Read More

July 12, 2023 @ 1:11 pm By JD Alois  |  

Seedrs, part of the largest securities crowdfunding group globally, has announced a new mobile App that facilitates online investing. According to an email, the new App is available on both the Apple App Store as well as Google Play. The Seedrs Mobile Apple leverages either… Read More

July 12, 2023 @ 12:55 pm By JD Alois  |  

The Chief Executive of the UK Financial Conduct Authority (FCA), Nikhil Rathi, addressed in a speech the emergence of Artificial Intelligence (AI) and the role of Big Tech in financial services. The speech was delivered today at the Economist Impact Finance Transformed event. Rathi said… Read More

July 12, 2023 @ 12:47 pm By Omar Faridi  |  

Furness Building Society (FBS), the member-owned building society, announced that it has partnered with Backbase, the global Engagement Banking Platform provider, to develop its new digital savings platform. As a member-owned building society, FBS prioritizes its members’ needs above all else. In the next three… Read More

July 12, 2023 @ 12:18 pm By JD Alois  |  

RideTandem has raised £2.3 million in a funding round led by Blackfinch Ventures, according to a statement issued by the firm. At the same time, Seedrs has listed the securities offering on their platform, enabling smaller investors access to participate in the offering. RideTandem has… Read More

July 12, 2023 @ 12:10 pm By Omar Faridi  |  

Checkout.com, the global payments solution provider, launches Identity Verification, its first product focused on improving the customer onboarding and identity verification process and expanding Checkout.com’s impact on customers’ digital experience. Identity Verification “utilizes proprietary artificial intelligence and is trained on billions of identity and facial… Read More

July 12, 2023 @ 11:44 am By JD Alois  |  

Senators Cynthia Lummis and Kirsten Gillibrand are reintroducing their comprehensive legislation addressing regulatory gaps in the digital asset sector. Both Senators are members of the key Senate Banking Committee that will need to approve any legislation if it will move forward in Congress. A previous… Read More

July 12, 2023 @ 11:21 am By JD Alois  |  

Nubank (NYSE:NU) said it will expand its crypto services, Nubank Cripto, currently available to its customers in Brazil. As part of the expansion, Nubank has signed an agreement with Fireblocks, a global digital asset platform that offers a service for offering blockchain products and managing… Read More

July 12, 2023 @ 10:54 am By JD Alois  |  

PrivacyHawk has raised $2.7 million in funding in a round led by ff Venture Capital (ffVC). Other investors include Nufund, Alumni Ventures, AngelList, Gaingels, Duro Ventures, Sandhill Angels and Seraphim Ventures. Previous investors include ffVC, Tech Coast Angels, Duro Ventures and Gaingels. PrivacyHawk is a… Read More

July 12, 2023 @ 10:45 am By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement on the court’s decision to rule against the Federal Trade Commission’s (FTC) attempt to block the merger of Microsoft’s acquisition of Activision-Blizzard. In brief, the Judge, Jacqueline Scott Corley, found that the FTC… Read More

July 12, 2023 @ 10:35 am By JD Alois  |  

Equabli Inc. has raised $3.35 million of additional capital in a funding round led by Social Leverage. Other investors include BankTech Ventures and Cross River Digital Ventures. Equabli is a debt recovery service for lenders and their borrowers. Equabli’s Recovery as a Service platform provides… Read More

July 12, 2023 @ 9:50 am By JD Alois  |  

Israel has been one of the hottest tech start-up and venture markets for years. Well-known for its hyper entrepreneurial activity, Israel has still been hammered by the global economic downturn and heightened inflation. LeumiTech publishes a periodic update of funding and tech activity in Israel… Read More

July 12, 2023 @ 9:08 am By Omar Faridi  |  

Mesh Payments, which claims to be one of the fastest-growing global spend management platforms, announced the launch of a new enterprise-grade payment solution that closes the loop between procurement, payment and reconciliation processes to deliver an automated payments experience. Mesh ProcurePay connects to any ERP… Read More

July 12, 2023 @ 7:30 am By Omar Faridi  |  

Alluvial, a software development company supporting the enterprise-grade liquid staking protocol Liquid Collective, has raised $12 million in its Series A financing round. The investment round is “co-led by Ethereal Ventures and Variant, with participation from Brevan Howard Digital, Avon Ventures, Nascent Capital, a_capital, Robot… Read More

July 12, 2023 @ 7:29 am By Omar Faridi  |  

Veriff, a global identity verification provider, today announced it has achieved certification against the UK government’s Digital Identity and Attributes Trust Framework (UKDIATF), a government initiative aimed at “establishing a secure and trustworthy digital identity ecosystem in the region as a part of its digital… Read More

July 12, 2023 @ 5:31 am By Omar Faridi  |  

Tarabut Gateway, MENA’s open banking platform, announces the appointment of Tariq Sanad as its new Chief Financial Officer (CFO). Tariq, a Bahraini national, is “one of MENA’s renowned start-up veterans, boasting over 20 years of experience in the finance field.” During this time, he has… Read More

July 11, 2023 @ 11:07 pm By Barry James  |  

Some environments can induce a kind of dream-like state in people overcome by their grandeur. You’d think that Bank of England Governor Andrew Bailey, the ‘Banker’s Banker’ would be over this by now — but no! In this year’s Mansion House speech, we were treated to his vision of… Read More