April 13, 2023 @ 5:27 pm By JD Alois  |  

Knightscope (NASDAQ:KSCP), a company that raised funds in an online securities offering, has signed a contract to sell its autonomous security robots to the City of New York. New York is currently enduring an extended rise in the rate of criminal activity. At the same… Read More

April 13, 2023 @ 5:13 pm By JD Alois  |  

Global venture capital (VC) investments cratered in March 2023 by 44.3% to $29.15 billion from $52.32 billion in the same month a year earlier. This is just another report that indicates a sinking economy and the lack of risk capital supporting early-stage firms. S&P Global… Read More

April 13, 2023 @ 4:57 pm By JD Alois  |  

Representative Patrick McHenry, Chairman of the House Financial Services Committee, and Representative Bill Huizenga, Chairman of the Subcommittee on Oversight and Investigations, have joined in sending a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler criticizing him for a failure to provide information… Read More

April 13, 2023 @ 4:35 pm By JD Alois  |  

Affirm (NASDAQ: AFRM) is expanding its offerings north by moving into Canada. Affirm is a top buy now pay later (BNPL) platform founded by Max Levchin, who also co-founded PayPal. The expansion into Canada is being enabled by another big Fintech – Stripe, which now… Read More

April 13, 2023 @ 4:18 pm By JD Alois  |  

KeyBank (NYSE:KEY) will see its digital banking product receive an upgrade as Quolo has announced that it will power KeyBank’s banking services, including payment solutions, virtual accounts and more. As a KeyBank customer, it has been a pretty rough ride, so expectations are pretty high… Read More

April 13, 2023 @ 4:01 pm By Omar Faridi  |  

Visa (NYSE: V) announced it is partnering with PayPal and Venmo in order to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the… Read More

April 13, 2023 @ 1:57 pm By JD Alois  |  

Yesterday, it was reported that the US market experienced a 25% quarterly decline in Fintech funding during Q1 2023 in comparison to Q1 2022. Today a similar report provided by Tracxn, indicates that the UK saw a whopping 89% decline during Q1 2023 in Fintech… Read More

April 13, 2023 @ 1:34 pm By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) announced it has made a series of enhancements to its risk technology platform, which is widely “used by the banking and broker-dealer community to manage liquidity and market risk.” The upgrades will “help firms better navigate extreme market conditions, providing a live… Read More

April 13, 2023 @ 12:32 pm By Omar Faridi  |  

The Bitcoin (BTC) price has increased substantially during the first three months of this year. The flagship cryptocurrency is trading at around $30,000 at the time of writing. Although most industry participants are not sure whether we’re entering a bull market, it is clear that… Read More

April 13, 2023 @ 11:51 am By JD Alois  |  

Twitter and eToro have partnered up on financial content. eToro is an investing platform that operates in various markets around the world, providing access to both traditional and alternative access. Twitter is, well, Twitter – the social media best known for its immediacy of information… Read More

April 13, 2023 @ 11:35 am By JD Alois  |  

Apple (NASDAQ:AAPL) is just about ready to launch its savings feature for users of its digital wallet – effectively becoming a neobank. While digital banks are chartered entities that provide banking services, neobanks provide bank-like features in partnership with a chartered bank – in this… Read More

April 13, 2023 @ 10:44 am By JD Alois  |  

In the UK, early-stage private firms are supported with innovative tax exemptions designed to make investing in risky ventures more appealing. As everyone knows, a robust entrepreneurial and startup ecosystem is crucial for a growing economy. UK policymakers have made investing in private firms more… Read More

April 13, 2023 @ 8:46 am By Omar Faridi  |  

Jeremy Fox-Geen. Chief Financial Officer at Fintech firm Circle and Kash Razzaghi, the firm’s Chief Business Officer, have noted that digital currencies and the blockchains on which they travel can offer considerable utility “as a new, unified infrastructure for payments, commerce and capital markets built… Read More

April 13, 2023 @ 7:51 am By Omar Faridi  |  

Mercuryo, the “all-in-one” cryptocurrency platform, is pleased to announce its partnership with Simpledo, an emerging crypto provider in Turkey. This partnership is aimed “at expanding Mercuryo’s global presence and enhancing its services for customers in Turkey.” Simpledo offers “a range of crypto solutions to its… Read More

April 13, 2023 @ 7:49 am By Omar Faridi  |  

The highly-anticipated Ethereum (ETH) Network Shanghai update marks a key milestone for the world’s largest smart contract platform (in terms of market cap and overall adoption). At present, Ethereum (ETH) withdrawals are live. Hi Shapella 👋 Withdrawals have appeared! pic.twitter.com/POqeZwkZJ4 — Etherscan (@etherscan) April 12,… Read More

April 13, 2023 @ 7:48 am By Omar Faridi  |  

Bankrupt digital currency exchange FTX has reportedly recovered more than $7.3 billion in cash as well as liquid digital assets. This is notably an increase of over $800 million since this past January 2023. This, according to a report from Reuters which referenced the firm’s… Read More

April 13, 2023 @ 7:40 am By Omar Faridi  |  

October explains that embedded lending is a relatively new concept in the financial technology (fintech) sector that has been “disrupting” the industry in recent times. Ravis de vous partager aujourd’hui quelques unes de nos références partenaires utilisant déjà notre offre embedded ! Ce qui leur… Read More

April 13, 2023 @ 2:17 am By Omar Faridi  |  

absolute labs – the first Wallet Relationship Management (WRM) platform that is revolutionizing how growth and marketing teams acquire, engage, convert, and retain customers in the next Internet – announces the close of a $8 million Seed fundraising round including Aglaé Ventures, Alpha Praetorian Capital,… Read More

April 13, 2023 @ 1:56 am By Omar Faridi  |  

Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, published its Complete Guide to Transaction Monitoring “to provide a detailed picture of transaction monitoring as an integral part of the verification system.” The guide was “prepared… Read More

April 12, 2023 @ 11:50 pm By Omar Faridi  |  

CAT Labs, a start-up building forensic and cybersecurity tools to fight crypto-enabled crime, raised $4.3M in its pre-seed round led by Castle Island Ventures, Brevan Howard Digital, CMT Digital, and RW3 Ventures. Other participants in the investment round “include Newark Venture Partners, Hash3, Borderless Capital,… Read More