February 1, 2023 @ 8:20 am By Omar Faridi  |  

TransUnion (NYSE: TRU) has announced a strategic investment in Bud Financial Limited, a key player focused on Open Banking and data intelligence. This dynamic partnership will “help drive innovation and growth in the personal finance market and support better outcomes for consumers, with greater financial… Read More

February 1, 2023 @ 8:17 am By Omar Faridi  |  

The crypto-asset industry might have been struggling during the past year, however, global banking institution HSBC (NYSE: HSBC) is looking to enhance its expertise in the area, advertising for senior digital assets and tokenization professionals. The new roles, both at HSBC‘s Global Private Banking and… Read More

January 31, 2023 @ 10:47 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) announced the licensing of two finance companies that are “specialized in debt-based crowdfunding, namely: Forus and Tameed.” The licenses were “granted to the companies after successful testing of their solutions in SAMA’s Regulatory Sandbox; an experimental environment dedicated to innovative… Read More

January 31, 2023 @ 10:21 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced the launch of Cowbell Academy, a unique institution that “offers insurance agents and brokers lessons on cyber insurance.” The program “includes general classes such as Cyber Insurance 101, assessments to help brokers… Read More

January 31, 2023 @ 10:20 pm By Omar Faridi  |  

Engage People, which claims to be the only loyalty network that enables program members to pay with points (PwP) directly at checkout, announced it is partnering with Velocity Logic, a reward technology company, “to allow bp retail consumers to use their loyalty and rewards points… Read More

January 31, 2023 @ 10:13 pm By Omar Faridi  |  

Mayfair, a Fintech startup backed by Tiger Global and Amity Ventures, is helping companies put “every last idle dollar to work.” Its clients avoid “the price and liquidity risks of financial products typically marketed to businesses, and can take advantage of automated cash management to… Read More

January 31, 2023 @ 10:09 pm By Omar Faridi  |  

BNP Paribas Asset Management (BNPP AM) announces the appointment of Geoff Dailey as Deputy Head of US Equities, with effect from February 2023. He will succeed Pamela Woo as Head of US Equities “following her planned retirement at the end of June 2023.” Pamela retires… Read More

January 31, 2023 @ 7:25 pm By Omar Faridi  |  

BharatX, an emerging white labelled credit enabler for e-commerce merchants, has  announced its partnership with Snitch – an online men’s clothing brand to offer buy now pay later services. Through the “SnitchPay” feature powered by BharatX, customers will be able “to pay for their purchases… Read More

January 31, 2023 @ 7:21 pm By Omar Faridi  |  

Holepunch, a “fully encrypted” platform for building peer-to-peer applications, announced the launch of Keet Mobile, a free peer-to-peer instant messaging application that works without “the need for centralized entities on any device.: Keet Mobile is the first in “a series of peer-to-peer applications that will… Read More

January 31, 2023 @ 6:03 pm By JD Alois  |  

“The business model Celsius advertised and sold to its customers was not the business that Celsius actually operated.” – Court Document, Filed January 31, 2023 Celsius, one of the first big crypto firms to fail and file for bankruptcy protection, continues to meander its way… Read More

January 31, 2023 @ 1:48 pm By Omar Faridi  |  

Binance and Mastercard (NYSE: MA) are excited to announce the launch of Binance Card in Brazil. Brazil is among “the top ten markets for Binance globally and becomes the second country in Latin America to have the product, following its release last year in Argentina.”… Read More

January 31, 2023 @ 1:17 pm By Omar Faridi  |  

FIO Protocol, the decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking a token “from one blockchain and making it available for use on another.” This launch moves FIO Protocol… Read More

January 31, 2023 @ 12:36 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC), has posted its agenda for its next meeting. The Committee was created by law to advise the Commission on issues, including rules and regulations that impact small businesses, providing valuable feedback as… Read More

January 31, 2023 @ 10:27 am By Omar Faridi  |  

As this year’s week-long Chinese New Year holiday comes to an end, Ant Group would like to share some observations on Chinese consumers’ spring festival spending and trends. These findings “provide a snapshot of recovering consumption in China’s domestic market and outbound tourism market.” Main… Read More

January 31, 2023 @ 9:25 am By JD Alois  |  

Stellar blockchain proponents Tempo France and Armenotech have announced a partnership on payments and remittances, according to a note from the firms. Tempo France is an international money transfer system that recently utilized Stellar to power transfers in Europe and the Asia Pacific region. Tempo… Read More

January 31, 2023 @ 9:06 am By Omar Faridi  |  

Yield App has acquired Trofi Group, a platform that offers structured product solutions for cryptocurrencies, in response “to growing investor demand for enhanced yield investment opportunities.” The acquisition adds four new structured product strategies “to Yield App’s product suite that offer the opportunity to capture… Read More

January 31, 2023 @ 8:54 am By JD Alois  |  

Guardz, a cybersecurity and insurance platform for small businesses, has emerged from stealth, announcing a $10 million Seed round. According to a note from Guardz, the round was led by Hanaco Ventures with the notable participation of online investment platform iAngels. Other investors include GKFF… Read More

January 31, 2023 @ 8:13 am By Omar Faridi  |  

docStribute, the “smart” solution that allows immutable file sharing for a wide range of industries using distributed ledger technology (DLT), is now “available to members of Penrith Building Society, digitizing member communications.” London-based RegTech startup docStribute has joined forces with Penrith Building Society in order… Read More

January 31, 2023 @ 8:09 am By Omar Faridi  |  

Large enterprises today are facing significant macroeconomic uncertainty across the world, according to an update from Paysend. Alexander Budyakov, Enterprise Business Executive, Paysend, notes that the fallout of the COVID-19 pandemic continues “to disrupt markets and supply chains whilst inflationary pressures and fluctuating currency markets… Read More

January 30, 2023 @ 11:27 pm By Omar Faridi  |  

Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai-headquartered company’s seed round was “led Raed Ventures by and saw participation from Wamda Capital, both of which are two of the most prominent names in the… Read More