May 6, 2023 @ 1:19 pm By Omar Faridi  |  

ThetaRay, a provider of AI-powered transaction monitoring technology for banks and fintech, today announced 260% revenue growth in 2022, and the appointment of Eran Fishov as VP of Customer Success, Enterprise, “to accelerate market momentum.” Fishov joins the company in order “to lead relationships with… Read More

May 6, 2023 @ 11:12 am By Omar Faridi  |  

Pagaya Technologies Ltd. (NASDAQ: PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, has named two executives with “proven” track records to its team – Giancarlo Marchesi as General Manager and Eric Watson as Chief Legal Officer – adding to its… Read More

May 6, 2023 @ 10:30 am By Omar Faridi  |  

Sutherland, a digital transformation technology and services company, has entered a partnership with Bold Penguin, a digital platform with integrated solutions that simplify commercial insurance. This partnership allows Sutherland and Bold Penguin “to drive digital transformation in customer acquisition, new business, and underwriting for the… Read More

May 6, 2023 @ 10:25 am By Omar Faridi  |  

Brex announced new global capabilities that significantly expand its ability to support US multinational businesses operating in Brazil, Canada, Israel, Japan, Mexico, Singapore, South Africa, the Philippines, 36 European countries, and more. In addition to spending and paying in local currencies, Brex is “launching VAT… Read More

May 6, 2023 @ 10:19 am By Omar Faridi  |  

Equifax (NYSE: EFX) is introducing a new Kount Essentials fraud detection and prevention application on the Shopify App Store. Specifically designed to address the fraud challenges faced by the platform’s millions of small business merchants, this enhanced technology is easy “to implement and customize for businesses… Read More

May 6, 2023 @ 10:19 am By Omar Faridi  |  

Immuta, which claims to be a leader in data security, announced a new strategic investment from Databricks Ventures, the investment arm of the data and AI company and pioneer of the lakehouse. The investment builds “on a longstanding partnership between the two companies and positions… Read More

May 6, 2023 @ 10:17 am By Omar Faridi  |  

Liquido, the “next generation” payments company for Latin America, emerged from stealth today to launch publicly. The company reportedly “spent the last two years building a comprehensive and flexible payments infrastructure to modernize and democratize digital payments access for Latin American businesses, similar to what… Read More

May 6, 2023 @ 9:22 am By Omar Faridi  |  

Credas Technologies, which claims to be one of the leading identity verification providers, has announced the renewal of its long-standing partnership with iamproperty, further cementing a relationship “with a multi-year agreement that will see iamproperty’s Partner Agents benefit from Credas’ latest features.” Having worked together… Read More

May 6, 2023 @ 9:17 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) notes that it’s time to update the system. They also pointed out that the majority of financial systems were built over 100 years ago. According to the firm, the rules are “outdated, the technology has been slow to catch up, and all over… Read More

May 5, 2023 @ 9:55 pm By Omar Faridi  |  

Cashfree Payments and YES BANK have come together to offer ‘Global Collections’, an international collection service for exporters, “who are account holders of YES BANK.” Under this partnership, the Bank’s account holders will be “able to collect payments in over 30 foreign currencies using the… Read More

May 5, 2023 @ 7:44 pm By JD Alois  |  

Republic has submitted a comment letter to the Securities and Exchange Commission (SEC) regarding the proposed rulemaking on Safeguarding Advisory Client Assets. Republic is one of the largest securities crowdfunding platforms in the US, providing access to capital via the full stack of private exemptions…. Read More

May 5, 2023 @ 7:11 pm By JD Alois  |  

At the end of 2022, Senators Elizabeth Warren and Roger Marshall partnered on a bill targeting the digital asset industry. The bipartisan legislation, the Digital Asset Anti-Money Laundering Act, seeks to  close “loopholes in the existing anti-money laundering and countering of the financing of terrorism… Read More

May 5, 2023 @ 3:24 pm By JD Alois  |  

StartEngine has been raising growth capital once again in a self-crowdfunding round that has been available for several months now. According to the offering page, $13,858,375 has been raised in a Reg A+ offering for common equity from 7669 investors. StartEngine is selling shares at… Read More

May 5, 2023 @ 2:56 pm By Omar Faridi  |  

Securitize, a firm digitizing the issuance, management, and trading of real-world assets, today launched a new feeder fund offering tokenized exposure to an evergreen private credit fund from leading private markets investment firm Hamilton Lane (Nasdaq: HLNE), available “exclusively” on the Polygon blockchain. Hamilton Lane… Read More

May 5, 2023 @ 2:51 pm By Omar Faridi  |  

Trovata, which claims to be the global “leader” in bank APIs and cash management, recently announced the first generative AI entrant in the fintech space. Trovata AI leverages OpenAI’s ChatGPT technology “to accelerate the company’s vision of automating cash workflows and business intelligence for corporate… Read More

May 5, 2023 @ 11:51 am By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announces its partnership with Grasshopper, the client-first digital bank built for the business and innovation economy. Grasshopper will “leverage multiple nCino solutions, including Portfolio Analytics, Commercial Banking and Customer… Read More

May 5, 2023 @ 10:51 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced the largest-ever whistleblower award to the tune of $279 million. This is more than double the prior top amount of $114 million. Whistleblower awards are given to individuals who tip off the SEC in regard to infractions… Read More

May 5, 2023 @ 10:15 am By JD Alois  |  

Video: Key Questions for a Securities Crowdfunding Round. If you are raising money in a securities crowdfunding offering, you have multiple options as to how you pursue a funding round. First, you choose a securities exemption; Reg CF, Reg A+, or Reg D 506c. Reg… Read More

May 5, 2023 @ 8:21 am By Omar Faridi  |  

Tarabut Gateway, which claims to be one of MENA’s leading open banking platforms, announces the completion of a US$32 million Series A fundraise. The investment round was “led by Pinnacle Capital, a leading alternative investment firm that focuses on KSA investments to provide unique alternative… Read More

May 5, 2023 @ 8:18 am By Omar Faridi  |  

In March 2023, the loan origination volume via EstateGuru reportedly “grew compared to February, with €7.0M worth of loans.” According to EstateGuru, the most active market “was Estonia (€3.1M), followed by Lithuania (€1.9M) and Finland (€1.2M).” In March, the loan origination volume via EstateGuru grew… Read More