December 29, 2022 @ 1:53 pm By Omar Faridi  |  

Driven by the COVID-19 pandemic, U.S. eCommerce sales “increased by 50.5% from 2019 to 2021,” according to an update shared by Chargebacks911. While eCommerce growth is “predicted to slow to 9.4% year over year in 2022, online sales are expected to cross the $1 trillion… Read More

December 29, 2022 @ 1:47 pm By Omar Faridi  |  

Global blockchain gaming company Wemade announced that Rise of Stars (ROS), a mobile game developed by LightCON Co., Ltd., a subsidiary of Wemade Max Co., Ltd., revamped the Silthereum system on December 28, as follows. Updated Silther Check used for item purchase and Silthereum exchange… Read More

December 29, 2022 @ 9:36 am By JD Alois  |  

Once again, CI has reviewed the list of FINRA-regulated Funding Portals. These platforms may offer securities under Regulation Crowdfunding (Reg CF) to accredited and non-accredited investors. Funding Portals were created by the JOBS Act of 2012 specifically for online capital formation, but at the same… Read More

December 29, 2022 @ 8:32 am By Omar Faridi  |  

RoRa Holdings, a provider of cryptocurrency assets, claims that it “commits itself to upholding the highest standards of security and transparency for investors, including a deep dedication to maintaining integrity within the cryptocurrency realm.” RoRa Holdings, a provider of crypto-assets, announced that it will be… Read More

December 29, 2022 @ 8:28 am By Omar Faridi  |  

The month of November has passed under the Triple Dragon birthday anniversary sign – with many offers from Debitum‘s Loan Originators and increased activity from the investors’ side. On the 1st of December 2022, Debitum Asset-Backed Security offer “was 11, TRIPLE DRAGON had 25 underlying… Read More

December 28, 2022 @ 9:36 pm By Omar Faridi  |  

Akash Sinha, CEO & Co-Founder, Cashfree Payments has provided a brief evaluation of the year 2022 and the anticipated trends in 2023, with respect to fintech, digital payments, BaaS, among other sectors. Sinha noted: “India is in a strong position to become the global leader… Read More

December 28, 2022 @ 7:41 pm By Omar Faridi  |  

NYXEX, a digital asset exchange that claims it is poised to streamline the industry, is pleased  to announce that it has obtained the necessary liquidity and will be launching in Spring 2023. As an emerging player in the crypto-asset space, NYXEX is committed “to providing… Read More

December 28, 2022 @ 4:07 pm By Omar Faridi  |  

As digital assets became more widely accepted, the need “for corresponding tooling to meet accounting, reporting and tax requirements of both individuals and corporate users grew,” according to an update from FT Partners. Initially operating largely out of sight, tax authorities across the globe “noted… Read More

December 28, 2022 @ 1:37 pm By Omar Faridi  |  

Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital Fintech group powered by blockchain technology, announced that on December 23, 2022, in connection with its private investment in public equity financing (PIPE), it entered into a Securities Purchase Agreement (SPA) with an accredited non-U.S. investor “to… Read More

December 28, 2022 @ 12:32 pm By Omar Faridi  |  

As the crypto and blockchain industry enters a new year, Fireblocks’ Vice President & Head of Corporate Strategy Adam Levine, shares key predictions of institutions eyeing the space: More traditional financial institutions leverage stablecoins Bigger players will use blockchain technology to unlock some of the… Read More

December 28, 2022 @ 11:47 am By Omar Faridi  |  

As Chainalysis discussed recently, the collapse of FTX and resulting market action prompted large net outflows “from centralized exchanges, as many users shifted their funds to personal wallets, also commonly referred to as ‘unhosted wallets’.” Chainalysis found that while the trend wasn’t “as pronounced as… Read More

December 28, 2022 @ 10:06 am By Omar Faridi  |  

Crypto.com announced the promotion of Eric Anziani to President, in addition to maintaining his current role as Chief Operating Officer (COO). In his expanded role, Mr. Anziani will “oversee operations (including customer experience, onboarding and global payments), and he will continue to lead strategy, product,… Read More

December 28, 2022 @ 9:59 am By JD Alois  |  

American CryptoFed DAO, LLC’s forthcoming administrative hearing, as demanded by the Securities and Exchange Commission (SEC), is scheduled to take place on January 18, 2023. The Hearing Day 4 is labeled as public on the SEC’s event page. It was previously reported that hearings were… Read More

December 28, 2022 @ 9:03 am By JD Alois  |  

Invesdor, a growing online capital formation platform that has established a propensity to grow both organically and via acquisitions, has distributed an update on the past year’s performance. Invesdor is based in Finland but currently operates in multiple European Union member states. In recent years,… Read More

December 28, 2022 @ 8:39 am By Omar Faridi  |  

Blockforia.com, a Bulgarian cryptocurrency exchange, is announcing the go-live of its platform  as 2022 comes to an end. The company reports that it will first begin “accepting customers in selected EU jurisdictions, while further expansion is expected to continue in 2023.” Whilst expanding its global… Read More

December 28, 2022 @ 8:38 am By Omar Faridi  |  

In December 2022, Addepar is introducing a new way “to spotlight key performance metrics in the Client Portal for web with changes to mobile slated for next month.” Addepar is also pleased “to announce individual table and chart filters in Analysis views.” You’ll also “find… Read More

December 27, 2022 @ 9:36 pm By Omar Faridi  |  

Quadrant Knowledge Solutions announced that it has named Feedzai, the world’s first RiskOps platform for financial risk management, as a 2022 technology “leader” in the SPARK Matrix: Behavioral Biometrics, 2022. Quadrant Knowledge Solutions defines Behavioral Biometrics as “technology that passively and continuously monitors, analyzes, and… Read More

December 27, 2022 @ 8:42 pm By Omar Faridi  |  

Akulaku, a banking and digital finance platform in Southeast Asia, announced a $200 million investment from Japanese bank Mitsubishi UFJ Financial Group (MUFG). The investment round “provides additional support for Akulaku’s projected growth as it advances towards its mission of providing banking services across Southeast… Read More

December 27, 2022 @ 7:37 pm By Omar Faridi  |  

Japan-based Fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that “allows customers to pay for online installment purchases straight from their bank accounts.” Smartpay Bank Direct “emphasizes user security while delivering convenience for the consumer, through a network of… Read More

December 27, 2022 @ 4:49 pm By Omar Faridi  |  

Digital credit platform Money View has reportedly secured $75 million in capital via its Series E round, which has been led by Apis Partners, a UK-headquartered asset management firm. The investment round also included contributions from Tiger Global, Winter Capital, and Evolvence. As noted by… Read More