May 24, 2023 @ 7:47 am By Omar Faridi  |  

IDEX Biometrics expands its presence in Asia by partnering with DoelPay, an innovative payments solution provider, to tap into the burgeoning market for biometric cards in Bangladesh. Working closely with three of the largest banks in Bangladesh, Doelpay expects these banks “to offer biometric payment… Read More

May 24, 2023 @ 1:18 am By Omar Faridi  |  

Brite Payments, one of Sweden’s fastest growing fintechs and a leader in instant bank payments, announced its Brite Instant Payments Network (IPN). Brite IPN is a proprietary network “that leverages the capabilities of open banking to give merchants and businesses a complete, out-of-the-box instant payments… Read More

May 23, 2023 @ 11:47 pm By Omar Faridi  |  

RockX, a firm focused on supportin institutional-grade staking solutions throughout Asia, is broadening its staking product suite with the addition of a new ETH native staking solution. This latest offering supports RockX‘s position “as a comprehensive provider of diverse staking needs, responding adroitly to the… Read More

May 23, 2023 @ 11:17 pm By Omar Faridi  |  

Ontology, a blockchain network focused on enhancing trust, privacy, and security in Web3 by offering decentralized identity and data solutions, has formed a partnership with Alchemy Pay to integrate its on and off ramp solution. Through Alchemy Pay’s plugin, dApps and platforms on Ontology “can… Read More

May 23, 2023 @ 11:07 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, today announced it has acquired Airside Mobile, Inc., a key player focused on private, digital identity sharing technology. The World Economic Forum Technology Pioneer is “the first company to bring user-controlled digital identity… Read More

May 23, 2023 @ 10:37 pm By Omar Faridi  |  

FlowX.AI, the AI enterprise application modernization platform for large financial services organizations, announces that it has raised a $35 million Series A funding round. The investment round was “led by London-based Dawn Capital, Europe’s leading specialist B2B software investor, with existing investors PortfoLion, SeedBlink, and… Read More

May 23, 2023 @ 10:16 pm By Omar Faridi  |  

Netbank, the Filipino banking as a service platform, is pleased to announce the successful completion of its Series A investment round. The investment round was led by Beenext, a prominent regional venture capital firm, with participation from leading Filipino investors: Kaya Founders and Oak Drive… Read More

May 23, 2023 @ 9:57 pm By Omar Faridi  |  

Airwallex announced a partnership with MODIFI, a global commerce platform for business payments, in order “to launch a streamlined, innovative, and secure solution for transferring money across multiple regions.” Leveraging Airwallex’s global payments and financial infrastructure, MODIFI has created Global Account Solutions, “a payment tool… Read More

May 23, 2023 @ 7:17 pm By Omar Faridi  |  

HoYoverse, the game publisher that created Genshin Impact and Honkai Impact and Coda Payments, the provider of cross-border content monetization solutions including Codashop, have partnered “to offer a series of Honkai: Star Rail vouchers as part of the game’s sensational launch in April.” Game fans… Read More

May 23, 2023 @ 6:37 pm By Omar Faridi  |  

In today’s digital age, financial institutions are increasingly “moving their services online,” according to an update from Jumio. However, with this “comes the risk of fraud and identity theft, which can have severe consequences for both the financial institution and the consumer.” This is “where… Read More

May 23, 2023 @ 5:30 pm By Omar Faridi  |  

The Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for “operating a digital asset exchange (DAX) in Malaysia without registration.” Accordingly, the SC has “issued a public reprimand against Huobi Global Limited, and Leon Li… Read More

May 23, 2023 @ 4:07 pm By JD Alois  |  

Boxabl is preparing to raise capital, and it is taking a full-court press by raising money in a Reg A+ and Reg D offering as well as a pitch on FrontFundr in Canada. The Reg A+ will be listed on StartEngine, which displays over $1.25… Read More

May 23, 2023 @ 3:32 pm By JD Alois  |  

The International Organization of Securities Commission (IOSCO) has published a paper making policy recommendations on dealing with digital assets or crypto. The consultation incorporates 18 different recommendations that IOSCO states it will finalize during the last quarter of this year. IOSCO published a digital asset… Read More

May 23, 2023 @ 3:03 pm By Omar Faridi  |  

RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by Web3 professionals including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski and Emin Gün Sirer. The support from a host of Web3 pioneers “demonstrates the pronounced need for… Read More

May 23, 2023 @ 12:47 pm By Omar Faridi  |  

Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, announced that it has closed a $75 million credit facility and $4.5 million pre-series A funding round. The debt financing was “provided by i80 Group an investment firm that specializes in… Read More

May 23, 2023 @ 12:06 pm By Omar Faridi  |  

The team at Mintos is pleased to share the Mintos Consolidated annual report for the year 2022. The report is designed “to provide investors on Mintos and other stakeholders with insights into our performance and developments throughout the year.” The report “includes detailed financial statements,… Read More

May 23, 2023 @ 12:03 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee (SBCFAC) has scheduled its first meeting of 2023 following the influx of new members announced earlier this month. The meeting, which is open to the public and will be live-streamed on the SEC… Read More

May 23, 2023 @ 11:41 am By JD Alois  |  

In a promotional push as banks and Fintechs rush to offer high-yield savings accounts, neobank M1 has announced an account that offers 5% interest for users that have an M1 Plus membership. If you do not have a membership account, holders may earn a mere… Read More

May 23, 2023 @ 11:29 am By JD Alois  |  

Trade credit provider Hokodo and Mangopay – a successful European payments platform, have announced a partnership that will see Hokodo’s solutions available to Mangopay B2B platforms. Hokodo offers digital trade credit and B2B Buy Now, Pay Later (BNPL) solutions for merchants to sell more by… Read More

May 23, 2023 @ 11:12 am By JD Alois  |  

Prometheum Ember Capital LLC, a subsidiary of Prometheum Inc., has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a special-purpose broker-dealer for digital asset securities. Prometheum states that they are the first broker-dealer to receive this type of approval from FINRA…. Read More