February 27, 2023 @ 12:10 pm By Omar Faridi  |  

Chain Reaction, a semiconductor company focused on disruptive blockchain and privacy hardware, announced that it raised $70 million in its Series C funding round “led by Morgan Creek Digital and participation from Hanaco Ventures, Jerusalem Venture Partners, KCK Capital, Exor, Atreides Management, and BlueRun Ventures.”… Read More

February 27, 2023 @ 12:02 pm By JD Alois  |  

Trade finance platform Marco says it has raised $200 million in a line of credit from MidCap Financial and Castlelake.  At the same time, Marco says it has raised $8.2 million in equity from Arcadia Funds. Marco states that the capital will help it to… Read More

February 27, 2023 @ 11:50 am By Omar Faridi  |  

TransferMate have announced the launch of ‘TransferMate Connect’, an integrated payments solution for banks and financial institutions “to deliver faster and more cost-effective payments products and services for their customers.” TransferMate claims it has “built the largest non-bank payments infrastructure in the world, covering more… Read More

February 27, 2023 @ 11:14 am By Omar Faridi  |  

The team at Bitpanda is pleased to announce the launch of the Pantos public beta. This is a major milestone for “developing technology-agnostic digital assets, and they’re proud to be part of it.” Pantos, the “first” Multichain Token System, has been designed “to make digital… Read More

February 27, 2023 @ 11:10 am By JD Alois  |  

In recent weeks, the Securities and Exchange Commission (SEC) has stepped up its enforcement activities in regard to the digital asset ecosystem. In the past, SEC Chairman Gary Gensler has asserted that all digital assets are securities, with the exception of Bitcoin. At one point,… Read More

February 27, 2023 @ 9:51 am By Omar Faridi  |  

PeerBerry and its partner Aventus Group continue a strategy to diversify the business by country and bring more diversity to investors. Recently, the Czech lender PůjčkaPlus joined the PeerBerry platform. The company reportedly “issues short-term non-bank loans with an average amount of around EUR 300.”… Read More

February 27, 2023 @ 9:42 am By JD Alois  |  

Hong Kong-based Shanghai Commercial Bank (ShaComBank) has enlisted Salt Edge to help power its open banking services, including PSD2 options, according to a blog post. ShaComBank currently has more than 50 branches in both Hong Kong and mainland China, as well as the United States… Read More

February 27, 2023 @ 8:44 am By Omar Faridi  |  

Around six years ago, the first loan on Robo.cash was purchased. Robo.cash says it is pleased to celebrate this event and thank their investors for being with them. As noted in a blog post by Robocash, here’s what have they’ve achieved over the years” 30,000+… Read More

February 27, 2023 @ 8:00 am By JD Alois  |  

LendingTree (NASDAQ: TREE) has announced its own bespoke card in partnership with Fintech Upgrade. LendingTree is best known for providing consumers with comparative information on loans and other financial recommendations. According to a company release, the “LendingTree Win Card” is the company’s first push into… Read More

February 26, 2023 @ 11:39 pm By Omar Faridi  |  

wefox, which claims to be one the world’s leading Insurtechs, has received the Digital Trust Label by The Swiss Digital Initiative, a Geneva based independent foundation for advancing digital trust and transparency globally. This Label recognizes wefox’s commitment “to data protection and information transparency.” The… Read More

February 26, 2023 @ 10:11 pm By JD Alois  |  

Republic’s Realm Metaverse Real Estate Offering has returned all investor funds according to the offering page. Republic is one of the largest securities crowdfunding platforms in the US that also operates a growing global presence providing online capital formation. The possible securities offering was for… Read More

February 26, 2023 @ 9:34 pm By JD Alois  |  

The Financial Action Task Force or FATF, the global AML/CFT group, has announced the outcomes of its most recent plenary. Included in the announcement are several items of note. Filed under “improving implementation of FATF requirements for virtual assets and virtual asset service providers,” the… Read More

February 26, 2023 @ 9:20 pm By Omar Faridi  |  

Ava Labs announced it has entered into a partnership with Tencent Cloud to support projects and developers across the Avalanche ecosystem. In addition to providing developers with rapid node deployment, both parties will also “explore Avalanche Subnets for enterprises to help accelerate adoption of Web3… Read More

February 26, 2023 @ 9:15 pm By Omar Faridi  |  

HashKey DX Co., Ltd. (Headquartered in Chiyoda, Tokyo, CEO: Andy Dan) has signed an exclusive domestic distribution agreement with CertiK (Headquartered in New York, USA,Co-Founder: Prof. Ronghui Gu and Prof. Zhong Shao) in order “to bring blockchain-specific security solutions to the Japanese market.” Blockchain technology… Read More

February 26, 2023 @ 6:53 pm By Omar Faridi  |  

Former CEO, CPO and CTO of Nordigen are expected to hold leadership roles in data, connectivity and engineering as integration of the two companies continues. GoCardless, a global firm focused on bank payment solutions, has “appointed three executives from open banking provider Nordigen, which it… Read More

February 26, 2023 @ 6:46 pm By Omar Faridi  |  

FOODICS, the cloud-based restaurant management technology and payments platform in the MENA region, has announced that it “signed a strategic agreement with the pioneering virtual drive-through startup n.go.” n.go, which entered the food and beverage sector in 2021, “provides a unique experience to customers on… Read More

February 26, 2023 @ 4:55 pm By Omar Faridi  |  

We recently caught up with Eric Satz, CEO of IRA platform Alto, in order to discuss why alternative assets are the new bonds when it comes to portfolio diversification. As the head of a self-directed IRA that enables individuals to diversify their portfolios using retirement… Read More

February 26, 2023 @ 4:43 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) announced the licensing of Mani, a finance debt collection company to provide debt collection service for finance institutions. The license was granted to the company after completing all requirements stipulated in the “Rules of Licensing Finance Support Activities” issued by… Read More

February 26, 2023 @ 4:42 pm By Omar Faridi  |  

Yieldstreet, a private market platform, is proud to announce Kubhera, a national financial advisory firm, has joined the direct-to-consumer platform as its first Registered Investment Advisor (RIA) partner. Equipped with Yieldstreet’s easy-to-use tech platform and access to a wide range of alternative investment opportunities, Kubhera’s… Read More

February 26, 2023 @ 4:40 pm By Omar Faridi  |  

FalconX, which claims to be the “most reliable” digital assets prime brokerage for the world’s leading institutions, announced expansion of its services into Singapore. Matt Long has “joined FalconX as General Manager and Ave King as Chief Compliance Officer, both based in Singapore.” Alongside these… Read More