March 1, 2023 @ 8:19 am By Omar Faridi  |  

Payment firms Visa (NYSE: V) and Mastercard (NYSE: MA) are reportedly taking a step back from forming new partnerships with cryptocurrency-focused companies. This, after the collapse of major businesses operating in the nascent industry. As first reported by Reuters, the crypto-assets sector experienced somewhat of… Read More

March 1, 2023 @ 7:53 am By Omar Faridi  |  

Colt Technology Services, the digital infrastructure company, announced new software-driven connectivity in three countries, expanding its longstanding collaboration with Equinix, Inc (Nasdaq: EQIX). Businesses now “have access to Colt’s On Demand infrastructure interconnecting with Equinix Fabric in Spain, Italy and Sweden, as well as in… Read More

March 1, 2023 @ 1:00 am By JD Alois  |  

New British Business Bank research indicates that challenger and specialist banks provided £35.5 billion in lending during 2022. This means that challenger/specialist banks garnered a 55% share of the market. One would expect that many of these financing platforms are Fintechs. The data is part… Read More

February 28, 2023 @ 11:19 pm By Omar Faridi  |  

lettingaproperty.com says it’s on a mission “to become the go-to destination for renting.” The firm has raised 105% of its £850,003 target via Seedrs at the time of writing. As noted in the update, the offer is set to be closing soon.  At present, £900,284… Read More

February 28, 2023 @ 10:33 pm By Omar Faridi  |  

Cashfree Payments, India’s payments and API banking company, announced its strategic acquisition of Zecpe, a one-click checkout company. Zecpe enables e-commerce businesses “to improve checkout conversion by making the process quick and seamless for customers.” Zecpe will now “operate as a wholly-owned subsidiary of Cashfree… Read More

February 28, 2023 @ 8:55 pm By JD Alois  |  

Online investment and financing platform Estateguru is reporting having topped €500 million in loans in the Baltics. EstateGuru is an investment platform that enables individual investors to participate in secured loan offerings. The peer to peer platform launched in 2014 enabling property developers to borrow… Read More

February 28, 2023 @ 8:23 pm By Omar Faridi  |  

NAB Ventures has led a $30 million Series A round in payments software and data analytics business, DataMesh Group, and is partnering with DataMesh “to help transform the point-of-sale user experience for NAB business customers.” Joining the investment round are new investors Deutsche Bank and… Read More

February 28, 2023 @ 8:21 pm By Omar Faridi  |  

Digital identity is not the easiest concept to define, according to an update from Juniper Research. It overlaps with other, similar, areas.  The crossover with areas “such as security, privacy and data management can be significant, and in some cases, they are indistinct.” As noted… Read More

February 28, 2023 @ 8:15 pm By Omar Faridi  |  

Maybank, Southeast Asia’s fourth largest bank by assets, reported “a net profit of RM8.23 billion for the financial year ended 31 December 2022 (FY22).” Profit before tax (PBT) meanwhile, “was 11.6% higher at RM12.15 billion from RM10.89 billion a year earlier.” The better results were… Read More

February 28, 2023 @ 5:56 pm By JD Alois  |  

  The SEC Small Business Capital Formation Advisory Committee (SBCFAC) was created by Congress in recognition that smaller firms too frequently did not garner the support they need. The Committee formally provides feedback to the Commission and, ostensibly, the SEC should be reviewing and pursuing… Read More

February 28, 2023 @ 3:08 pm By JD Alois  |  

Nishad Singh, the former co-lead Engineer at failed crypto exchange FTX, has been charged by both the Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC) with fraud. Both agencies revealed the charges following the news that Singh had pleaded guilty to criminal… Read More

February 28, 2023 @ 2:38 pm By Omar Faridi  |  

When the Tide Goes Out, could have long-term implications for private markets, according to a recent update from Pitchbook. A report from Pitchbook notes that asset growth from fund performance and future fundraising are the two most important variables in their estimates, and they are… Read More

February 28, 2023 @ 11:38 am By Omar Faridi  |  

The team at Robin Ai are pleased to announce that they have secured $10.5m in our Series A funding round. This capital from the investment round will be ‘used to accelerate and scale their mission to change the way the legal industry works by using… Read More

February 28, 2023 @ 11:31 am By JD Alois  |  

Leeds is the beneficiary of a new government-supported Fintech hub that will formally launch today. The Centre for Finance, Innovation, and Technology (CFIT) is described as the first of its kind, backed by £5.5 million of Treasury and City of London Corporation funding. Fintech is… Read More

February 28, 2023 @ 11:09 am By JD Alois  |  

Following the news that Coinbase would list EUROC, Circle’s euro-based stablecoin, Bittrex has announced that it will offer the digital asset on its platform, including a fee-free promotional period to boost utilization. Bittrex noted that it would include the no-fee promotion for customers transacting with… Read More

February 28, 2023 @ 10:51 am By JD Alois  |  

Homebase is the next platform to move into the non-fungible token (NFT) real estate investment offerings. Utilizing Solana, Homebase has a mission of enabling investors to generate returns from rental properties starting at $100. Investors receive returns via dollar-based stablecoin USDC. According to Homebase, each… Read More

February 28, 2023 @ 9:27 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) recently issued a Notice imposing mandatory baseline standards of due diligence and conduct requirements “for corporate finance (CF) advisers.” These requirements aim to “raise the standards of conduct of CF advisers, improve the quality of disclosures and allow investors… Read More

February 28, 2023 @ 9:18 am By JD Alois  |  

TransferGo says it has emerged as one of the top platforms enabling remittances and transfers to Ukraine. TransferGo is a Fintech that is regulated by the Bank of Lithuania. The company states that the largest amount of funds going into Ukraine is from Poland and… Read More

February 28, 2023 @ 9:16 am By Omar Faridi  |  

Rally Commerce, the headless, one-click checkout solution for digital merchants, announces a partnership with Swell in order “to give merchants better control over their business and deliver a seamless checkout experience for customers.” Swell’s infrastructure “coupled with Rally’s checkout empowers small merchants to scale their… Read More

February 28, 2023 @ 8:45 am By JD Alois  |  

In a speech on regulations and international competition, Victoria Saporta, Executive Director of Prudential Policy, commented on PRA’s new secondary objective – enabling international competitiveness and growth. PRA, or the Prudential Regulation Authority, is part of the Bank of England and oversees 1500 banks and… Read More