April 5, 2023 @ 10:24 am By JD Alois  |  

Interactive Brokers (NASDAQ:IKBR) has integrated Wise (LSE:WISE) into its platform to allow account holders to benefit from Wise’s global transfer services. Interactive Brokers supports clients from over 200 countries and territories, so partnering with Wise makes a lot of sense. Interactive Brokers is a regulated… Read More

April 5, 2023 @ 9:47 am By JD Alois  |  

Investment bank Piper Sandler (NYSE: PIPR) has posted its 45th semi-annual report on Teen preferences, which can help glean which products and services are rising and which are on the wane. At the same time, teens can be fickle, as parents will explain. The Taking… Read More

April 5, 2023 @ 9:13 am By Omar Faridi  |  

The second largest neobank in the European Union is reportedly launching in all 50 US states. bunq, a neobank in the EU, has filed an application for a US banking license with the FDIC in the state of New York. By applying for a bank… Read More

April 5, 2023 @ 8:17 am By Omar Faridi  |  

Valued at $2B, the global talent solution provider “reports significant momentum as the demand for remote-first workplace solutions accelerates.” Velocity Global, the provider of global talent solutions, announced new financial metrics and corporate momentum to include: Crossed the $200M ARR threshold. More than 40% organic… Read More

April 5, 2023 @ 8:16 am By Omar Faridi  |  

The Securities and Exchange Commission has charged Charlie Javice, the founder of the defunct student loan assistance company previously known as Frank, “with fraud in connection with the $175 million sale of the company to JP Morgan Chase Bank, N.A. (JPMC) in 2021.” The SEC’s… Read More

April 5, 2023 @ 6:57 am By Omar Faridi  |  

The Embedded Banking provider announces full-year results “including 46% increase in transaction volumes and 22% growth in customers.” ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, presents “the results from its 2022 Annual Report revealing the bank nearly tripled… Read More

April 5, 2023 @ 6:55 am By Omar Faridi  |  

The second month of 2023 “produced the lowest loan origination volume” that EstateGuru has seen “in the last 12 months, with €6.5M worth of loans.” Despite that, the total historical financed loans via EstateGuru amount “has reached €700.0M, out of which €406.3M has been repaid.”… Read More

April 4, 2023 @ 11:43 pm By Omar Faridi  |  

Aquis Technologies, a division of Aquis Exchange PLC – the creator and facilitator of financial markets, is pleased to announce the launch of Aquis Equinox: a regulated market-grade 24×7 matching engine which “never requires shut down or downtime.” In traditional exchange models, along with alternative… Read More

April 4, 2023 @ 10:34 pm By Omar Faridi  |  

CertiK, the provider of blockchain security solutions, is pleased to announce the launch of Skynet for Community, the “first-of-its-kind” security, due diligence, and insights platform for the Web3 ecosystem. Skynet for Community “simplifies Web3 project research, analysis, and monitoring for users, investors, and community members.”… Read More

April 4, 2023 @ 10:30 pm By Omar Faridi  |  

The US Federal Reserve has reportedly selected AutoRek, a global end-to-end financial data control platform, to feature in its FedNow Service Provider Showcase, which connects financial institutions with providers offering real-time payment solutions. Launching in July this year, the FedNow Service – an instant payments… Read More

April 4, 2023 @ 10:07 pm By JD Alois  |  

Pine Protocol has announced its launch on the Polygon blockchain. Polygone enables Ethereum scaling solutions powering some big platforms like Aave, Uniswap, and OpenSea. Pine Protocol is a “decentralized non-custodial protocol that facilitates NFT asset-backed loan transactions between lenders and borrowers.” Borrowers may leverage their NFTs… Read More

April 4, 2023 @ 8:01 pm By JD Alois  |  

  Crypto Con: “Sha Zhu Pan” or pig butchering in Chinese Fraudsters and crooks tend to rehash their scams over time; the only thing that changes is the technology and tools utilized to separate money from the unsuspecting. Yesterday, the US Department of Justice (DOJ)… Read More

April 4, 2023 @ 7:32 pm By JD Alois  |  

Virtuix, previously a serial funder on SeedInvest, has filed a Form C to raise capital under Reg CF – this time with DealMaker. Simultaneously, Virtuix has filed a Form D to raise money under Reg D 506c for accredited investors – a fairly typical practice… Read More

April 4, 2023 @ 6:49 pm By Omar Faridi  |  

Cybereason, the XDR company, announced a $100 million investment led by SoftBank Corp. to support the company’s global growth and advance its innovation in XDR, EDR, and EPP solutions. In addition, Cybereason announced that Eric Gan will “serve as the company’s new CEO, subject to… Read More

April 4, 2023 @ 6:17 pm By Omar Faridi  |  

Hadhramout Commercial Bank (HCB) has successfully gone live on ICS BANKS Innovative Core banking, Digital Banking, and Islamic Banking solutions from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions. Hadhramout Commercial Bank is “a newly established Yemeni bank… Read More

April 4, 2023 @ 5:35 pm By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a one-stop shop for digital financial services, has announced that it has acquired Wyndham Capital Mortgage, a Fintech mortgage lender, in an all-cash transaction. Terms of the transaction were not immediately available. While the transaction is not expected to be… Read More

April 4, 2023 @ 5:32 pm By Omar Faridi  |  

Virginia Credit Union (VACU) is a state-chartered credit union that has served the central Virginia community for over 100 years. Vice President of Mortgage Lending, Mitchell Jones, said: “At the end of the day, our job is just to help our members live successful financial… Read More

April 4, 2023 @ 3:17 pm By Omar Faridi  |  

Tranglo recently announced the launch of instant SEPA payments to Europe. It reportedly marks the company’s first large-scale expansion “in that region and comes amid an influx of cross-border funds in recent years.” As noted in the update, SEPA “facilitates over 43 billion transactions annually,… Read More

April 4, 2023 @ 2:11 pm By Omar Faridi  |  

SEB and Crédit Agricole CIB are jointly launching so|bond, a “sustainable and open” platform for digital bonds built on blockchain technology. Through the platform, issuers in capital markets will be able “to issue digital bonds onto a blockchain network, aiming at improving efficiency and enabling… Read More

April 4, 2023 @ 12:54 pm By Omar Faridi  |  

The Durham Bulls recently announced they are partnering with SpotOn as the food and beverage point of sale system for Bull City Hospitality, the exclusive food service provider of the Bulls. Durham Bulls Director of Food and Beverage Dave Levey said: “We are very excited… Read More