March 22, 2023 @ 10:33 pm By Omar Faridi  |  

Arf, the Swiss-regulated global settlement banking platform, with support from the Stellar Development Foundation, is now offering what it claims is “the world’s first unsecured, short-term, USDC-based working capital financing solutions for licensed financial institutions.” Making cross-border payments faster, cheaper, and more transparent and inclusive… Read More

March 22, 2023 @ 10:30 pm By Omar Faridi  |  

Alloy, the Identity Decisioning Platform for banks and fintech companies, today announced its partnership with Kyckr, a corporate KYC company providing businesses with real-time data on prospective and existing customers and suppliers. The partnership “gives Alloy’s 350+ clients — including Carta, Ramp, and Brex —… Read More

March 22, 2023 @ 10:28 pm By Omar Faridi  |  

At Two, they’re working relentlessly to make B2B transactions as frictionless as consumer payments. Now they’re pleased to announce their €18 million Series A investment round. This brings our total capital raised “to €28 million, previously unannounced.” This funding round was “led by Shine Capital,… Read More

March 22, 2023 @ 10:27 pm By Omar Faridi  |  

KreditBee, which claims to be one of India’s leading fintech platforms, announced its partnership with PayU, a digital payments solution provider. Together, they offer customers the option “to convert their online purchases worth between ₹2400 up to ₹2 lakhs into easy cardless EMIs during checkout.”… Read More

March 22, 2023 @ 8:49 pm By Omar Faridi  |  

The Mastercard Engage partner network helps connect customers with technology partners “to build innovative guest checkout and point-of-sale solutions that deliver consumer choice.” Mastercard continues “to enable greater payments acceptance, nearly doubling its number of acceptance locations to more than 90 million in the last… Read More

March 22, 2023 @ 5:51 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has posted a statement indicating it has received a Wells Notice from the Securities and Exchange Commission (SEC). A Wells Notice is effectively a heads-up that the SEC is conducting an investigation for any potential infractions. While not a definitive indicator of a looming… Read More

March 22, 2023 @ 4:52 pm By JD Alois  |  

Eight Influencers Charged for Promotion of Digital Assets: Lindsey Lohan, Jake Paul, DeAndrew Cortez Way (Soulja Boy), Austin Mahone, Michele Mason (Kendra Lust), Miles Parks McCollum (Lil Yachty) Shaffer Smith (Ne-Yo), Aliaune Thiam (Akon).   The Securities and Exchange Commission has posted another digital asset… Read More

March 22, 2023 @ 4:19 pm By JD Alois  |  

As widely predicted by market followers, the US Federal Reserve increased benchmark rates by 25 basis points. Not too long ago, prognosticators were vacillating on whether the March meeting would increase rates by 50 bps or 25 bps. The recent bank crises caused the financial… Read More

March 22, 2023 @ 3:51 pm By Omar Faridi  |  

SavvyMoney, a company powering innovative, credit score solutions, reports a steady year of growth. Over the past year, SavvyMoney claims it has “achieved several milestones reflective of the company’s success.” Signed over 250 new financial institutions, bringing the total to 1028+ Drove $3.8 billions loans… Read More

March 22, 2023 @ 3:48 pm By Omar Faridi  |  

Wealthsimple has introduced a private credit fund meant for retail investors. Digital financial services provider Wealthsimple Technologies Inc. is reportedly expanding its services into the private credit sector via a collaboration with alternative fund manager Sagard, enabling retail investors to gain exposure to a market… Read More

March 22, 2023 @ 12:14 pm By Omar Faridi  |  

Estonia-based crypto startup CryptoWallet.com has reportedly become one of the first crypto companies to receive a stamp of approval from Estonia’s Financial Intelligence Unit (FIU). CryptoWallet.com claims it “renewed its crypto license despite strict regulatory measures introduced last year to maintain compliance and transparency within… Read More

March 22, 2023 @ 12:10 pm By JD Alois  |  

Green Angel Syndicate (GAS) says its 5th Climate Change Fund has raised a record amount in record time. The fund is said to be almost 2X the prior fund. Green Angel did not disclose the amount of the fund, which is an EIS vehicle, but… Read More

March 22, 2023 @ 11:52 am By JD Alois  |  

The UK delivered some unwanted news today as inflation delivered a number that was hotter than anticipated – bucking a recent downward trend. The UK Office of National Statistics reported that the consumer price index (CPI) increased by an annual 10.4%. This was above expectations… Read More

March 22, 2023 @ 11:36 am By JD Alois  |  

Payments platform Checkout.com has announced a new service offering both physical and digital cards for its customers. The new service was announced at Thrive, Checkout.com’s annual customer event. Clients of the Fintech may now create custom cards while Checkout.com gains another revenue stream. The moves… Read More

March 22, 2023 @ 10:28 am By Omar Faridi  |  

Luno has announced that their co-founder and Chief Executive Officer Marcus Swanepoel is moving into a new role as Executive Chairman and Chief Operating Officer. Luno is a crypto exchange that is part of the Digital Currency Group (DCG). James Lanigan, who has been with… Read More

March 22, 2023 @ 9:26 am By JD Alois  |  

As the US stumbles in crafting bespoke regulation for digital assets, Circle, the issuer of dollar-based stablecoin USDC, has applied to be regulated in France. France crafted digital asset regulation some years ago in an attempt to provide clarity for firms looking to offer crypto…. Read More

March 22, 2023 @ 9:17 am By Omar Faridi  |  

Credit union core processor Corelation, Inc. recently announced that Mountain America Credit Union ($15.8 billion assets; 1.12 million members; Sandy, UT) has signed on to convert to the KeyStone core. Mountain America Credit Union is presently the 12th-largest credit union in the United States, serving… Read More

March 22, 2023 @ 9:06 am By Omar Faridi  |  

Digital securities firm Securitize and digital asset wealth platform Onramp Invest announced the beginning of broadened and distributed access to tokenized private equity funds from leading investment firms, including Hamilton Lane (NASDAQ: HLNE). Beginning now and expanding over the coming weeks, “at least four private… Read More

March 22, 2023 @ 8:23 am By Omar Faridi  |  

Given the recent market landscape, which has been fraught with geopolitical tensions, rampant inflation, interest rate hikes, and generally volatile conditions, Estateguru management decided “to increase the capital reserves of the company at the start 2023, and raised additional capital from its founders, existing shareholders… Read More

March 22, 2023 @ 8:21 am By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has teamed up with UK neobanking start-up Science Card in order to launch a payments card, which forms “part of a new infrastructure for funding scientific research, designed to create the future earlier rather than later.” Science Card’s customers… Read More