April 4, 2023 @ 12:51 pm By JD Alois  |  

Kashet, a neobank that is based in the UK, says it has closed on a CHF 6.2 million (~USD $ 6.7 million) in its Series A funding round. Trifork Labs, a Copenhagen-based technology accelerator, participated in the funding. Kashet notes that it has been operating… Read More

April 4, 2023 @ 12:34 pm By JD Alois  |  

PayPal (NASDAQ: PYPL) has added Apple Pay (NASDAQ:AAPL)  as a payment option for its busines users, according to a corporate statement. PayPal said that beggining today small businesse will accept payments with Apple Pay, allow customers to save payment methods with the PayPal vault and… Read More

April 4, 2023 @ 12:01 pm By JD Alois  |  

Bitcoin has always been a volatile asset making significant moves in a relatively brief period of time. Currently, Bitcoin experiencing a solid rise in price due in part to the overall market and the current banking crisis. As it stands now, BTC is trading at… Read More

April 4, 2023 @ 11:52 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Oregon, marking the fifth state where the full suite of Lemonade insurance products are available. As a state known for its environment-friendly ways and… Read More

April 4, 2023 @ 11:17 am By Omar Faridi  |  

NAB has started introducing more proactive prompts to digital banking to help customers identify potential scams and “to make sure money is going to the right recipient when they’re making a payment.” The initiative will “present customers with real-time, personalized messages based on the type… Read More

April 4, 2023 @ 10:17 am By Omar Faridi  |  

Fourthline, the RegTech that provides AI-powered and compliant KYC and AML solutions, has raised €50 million from new and existing institutional investors. The Fourthline platform “provides banks and financial services providers with a complete suite of proprietary tech products that adhere to local KYC, AML… Read More

April 4, 2023 @ 8:15 am By Omar Faridi  |  

WonderFi Technologies Inc. Coinsquare Ltd. and CoinSmart Financial Inc. announced that they have entered into a business combination agreement “to combine their respective businesses.” The combined company will aim to “offer one of the largest regulated crypto asset trading platforms in the world and will… Read More

April 4, 2023 @ 8:11 am By Omar Faridi  |  

The team at Molo Finance is pleased to launch Rapid remortgage, a new service helping investors “get an offer on their buy-to-let mortgage in just 24 hours.” A typical remortgage process “takes a lengthy time, which is why they’ve streamlined their approval process for customers… Read More

April 4, 2023 @ 8:08 am By Omar Faridi  |  

Acre, the “one-click” mortgage intermediaries platform, has announced it has secured £6.5 million investment to grow its tech platform and enhance the process of buying a home. The McPike Global Family Office (MGFO), “joins returning investors Aviva and Founders Factory, to provide new funds to… Read More

April 3, 2023 @ 11:26 pm By Omar Faridi  |  

HYPR, the Passwordless Company and Vanson Bourne released the 2023 State of Passwordless Security Report. This third annual edition reveals “that insecure authentication is a primary cause of cyber breaches and that cumbersome login methods take an unacceptable toll on employees and business productivity.” Respondents… Read More

April 3, 2023 @ 9:56 pm By Omar Faridi  |  

The Central Bank of Bahrain has issued amendments to its Crypto-assets (“CRA”) Module in March 2023, “following a consultation process with the industry stakeholders.” The amendments aim “to cater to the ongoing developments in the crypto-assets markets and comply with the industry best practices while… Read More

April 3, 2023 @ 8:07 pm By Omar Faridi  |  

Unizen is pleased to announce a partnership with DWF Labs, a global digital asset market maker and multi-stage Web3 investment firm. This collaboration will enhance their mission “to address the challenges faced by Web3 technology and create a seamless, frictionless experience for users by bringing… Read More

April 3, 2023 @ 7:28 pm By Omar Faridi  |  

Paypa Plane claims it is “revolutionizing” the financial sector by “delivering customizable payment solutions to banks that grant them entry into Australia’s PayTo Network.” Paypa Plane’s services “provide a comprehensive suite of capabilities to banks and their customers and has garnered the attention of US… Read More

April 3, 2023 @ 5:38 pm By JD Alois  |  

Acorns, an online investment platform providing access to securities, crypto, and banking services, has acquired UK-based Fintech GoHenry. GoHenry is a digital investment platform that targets younger investors, aiming to get them started on securing their financial future early in life. GoHenry is also a… Read More

April 3, 2023 @ 5:27 pm By Omar Faridi  |  

CAIS, the alternative investment platform, announced a modernized brand refresh to reflect CAIS’ leadership role in transforming the world of alternative investing as we enter a “New Era of Access.” With financial advisors and alternative asset managers engaging at unprecedented levels, this “New Era of… Read More

April 3, 2023 @ 5:12 pm By JD Alois  |  

Investment crowdfunding, under the Reg CF exemption, is experiencing a “roller coaster ride,” according to the most recent quarterly update provided by Crowdfund Capital Advisors (CCA). According to the report, Q1 2023 saw the lowest capital committed since Q4 2020 – so several years ago… Read More

April 3, 2023 @ 4:27 pm By Omar Faridi  |  

Blade Labs, Hedera’s wallet infrastructure provider, and the creators of the enterprise grade Blade Wallet, are announcing the launch of their suite of SDK integration products to further accelerate Web3 adoption. With the help of these new products, project developers can now quickly and easily… Read More

April 3, 2023 @ 4:26 pm By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) charged beaxy with operating as a national securities exchange minus the authorization to do so. The SEC filed charges against founder beaxy Artak Hamazaspyan, and his company Beaxy Digital, Ltd., for raising $8 million in an unregistered… Read More

April 3, 2023 @ 3:04 pm By Omar Faridi  |  

Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ventures. Other contributors to the investment round “include Singularity Ventures and GTM Ventures.” The firm further reveals in a… Read More

April 3, 2023 @ 2:50 pm By Omar Faridi  |  

Surging oil prices are likely to mean higher interest rates “for longer as the price rally adds to inflationary pressures,” warns the CEO of an independent financial advisory, asset management and fintech organization. The warning from deVere Group’s Nigel Green comes as the price of… Read More