May 28, 2023 @ 3:02 pm By Omar Faridi  |  

Unlimited, a new investment firm that gives all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications of typical fund structures, announced that it has “raised $8 million in Series A financing led by FirstMark and… Read More

May 28, 2023 @ 2:53 pm By Omar Faridi  |  

Everest Re Group, Ltd. (NYSE: RE), a global underwriting firm providing property, casualty, and specialty reinsurance and insurance solutions, announced that Ricardo Anzaldua has “been appointed Executive Vice President and Group General Counsel, effective June 12, 2023.” Mr. Anzaldua will “report to President and CEO… Read More

May 28, 2023 @ 12:55 pm By Omar Faridi  |  

In response to the rapid emergence of new and powerful generative AI tools, on Thursday, UNESCO held the first global meeting of Ministers of Education “to explore the immediate as well as far-reaching opportunities, challenges and risks that AI applications pose to education systems.” Over… Read More

May 28, 2023 @ 10:57 am By Omar Faridi  |  

EML Payments Limited (ASX: EML), a payment solutions provider, is working with Visa, a world leader in digital payments, in order “to offer its private label digital gift cards product serving its broad shopping center and multi-retailer customer base in the United States and Canada.”… Read More

May 27, 2023 @ 5:57 pm By Omar Faridi  |  

From fragmented monitoring and enforcement to differing classifications of crypto assets, many barriers hinder global coordination on crypto-asset regulation efforts. A new study from the World Economic Forum identifies “the importance of a global approach to crypto-asset regulations and provides potential solutions to these barriers.”… Read More

May 27, 2023 @ 4:59 pm By Omar Faridi  |  

Barclays has announced that it is further developing its working capital offering by investing in and implementing Trade Ledger’s next-generation working capital orchestration platform. This new platform will “provide industry leading end-to-end credit management automation for Barclays Corporate clients in the UK and around the… Read More

May 27, 2023 @ 4:57 pm By Omar Faridi  |  

Paysend, the global card-to-card transfers pioneer and global payments platform, is announcing today a new partnership with global payroll platform Ontop, “enabling employers to make faster and more cost-effective salary payments to workers and contractors.” Paysend will power Ontop’s new payout-to-cards capability “for employee and… Read More

May 27, 2023 @ 4:52 pm By Omar Faridi  |  

NYMBUS, a provider of Fintech solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors. This investment round was “led by global software investor Insight Partners and bolstered by additional investments from… Read More

May 27, 2023 @ 4:49 pm By Omar Faridi  |  

MoMo, which claims to be one of Vietnam’s leading fintech companies, recently announced that it now offers customers of Vietnam’s Apple Store Online flexible payment options, “with the launch of monthly Instalments for Apple Store Online.” With this new feature, Vietnamese customers will “have the… Read More

May 27, 2023 @ 4:46 pm By Omar Faridi  |  

As noted in an update from ubank, 80% of financially stressed young Aussies “are experiencing mental health impacts.” According to new YouGov research commissioned by ubank, there are “a number of concerning insights around the ways financial anxiety is impacting the mental and physical health… Read More

May 27, 2023 @ 1:21 pm By Omar Faridi  |  

Nue.io, the quote-to-revenue platform, announced that it has raised $9 million in seed extension funding to expand its product offerings and accelerate growth. The investment round was “co-led by Bluefish Ventures and Penny Jar Capital, with participation from NJP Ventures and Operator Stack and existing… Read More

May 27, 2023 @ 8:27 am By Omar Faridi  |  

SolomonEdwards, a national professional services firm, is proud to announce the acquisition of 29Bison – a human capital advisory organization for the investment community – “specializing in performing due diligence, value optimization, and pre- and post-transaction services.” 29Bison reportedly “helps companies evaluate and design the… Read More

May 27, 2023 @ 8:26 am By Omar Faridi  |  

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd.,  announced its partnership with global financial technology company SumUp, “to enable acceptance of JCB Cards across SumUp’s European merchant network.” With the return of international travel, the collaboration will “provide new opportunities of… Read More

May 27, 2023 @ 7:57 am By Omar Faridi  |  

Qred, which claims to be one of Europe’s fastest-growing companies, has been granted a full bank license by the Swedish Financial Supervisory Authority (SFSA). Using its proprietary AI-powered financing platform, Qred has since inception in 2015 “issued over 100,000 loans to small businesses in the… Read More

May 27, 2023 @ 7:22 am By Omar Faridi  |  

CaixaBank launches Smartphone TPV, a solution designed for businesses, professionals and the self-employed of any size and sector, “enabling them to easily accept card payments of any amount from mobile devices, without the need for an additional device, as was previously necessary.” It is reportedly… Read More

May 27, 2023 @ 5:27 am By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced the launch of FloQast Compliance Management, an advanced workflow solution that “helps finance, accounting, and internal audit teams centrally manage and integrate compliance into business processes for continuous audit readiness and… Read More

May 27, 2023 @ 5:23 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced a $15,000 grant contribution and financial advisory commitment to Hamilton, MT-based nonprofit Loads of Dignity, a 501(c)(3) organization that “provides funds and supplies to individuals without housing to do laundry in a… Read More

May 26, 2023 @ 6:29 pm By Omar Faridi  |  

Symbiosis, a cross-chain liquidity protocol, announced the addition of Arbitrum Nova to its platform. This integration will “allow users to swap assets across 12+ chains.” Arbitrum Nova is a new chain that is designed to be more cost-effective and faster than Arbitrum One. It is… Read More

May 26, 2023 @ 5:23 pm By Omar Faridi  |  

Bitfinex, a  digital asset trading platform, has announced a new investment in the leading Chilean crypto firm Orionx, as both companies look “to ramp up efforts to promote financial freedom and inclusion throughout Latin America.” Paolo Ardoino, CTO at Bitfinex, said: “We’re excited to collaborate… Read More

May 26, 2023 @ 5:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has obtained final consent judgments against The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and Tyler Ostern, CEO of Moonwalkers Trading Limited.  The SEC’s case involved the offering of unregistered securities in regard to the issuance of… Read More