October 28, 2022 @ 4:10 pm By JD Alois  |  

With the advent of a new Prime Minister in the UK, expectations are high that Rishi Sunak will chart a determined path to enable Fintech innovation, including in the digital assets ecosystem. In the past few days, a new Financial Services and Markets bill was… Read More

October 28, 2022 @ 3:39 pm By JD Alois  |  

AWS competitor Filecoin has announced the availability of its CDN labeled “Filecoin Saturn.” Filecoin, a project from Protocol Labs, harkens back to the initial coin offering (ICO) days when it raised a whopping $200+ million with the assistance of Coinlist. While most coin offerings of… Read More

October 28, 2022 @ 3:28 pm By JD Alois  |  

Kin, an Insurtech that provides direct-to-consumer home insurance, has raised $145 million in debt capital, according to a statement from the firm. The funding was led by Runway Growth Capital and the Avenue Venture Opportunities Fund. Kin says the money will help it support the… Read More

October 28, 2022 @ 1:25 pm By Omar Faridi  |  

SWIFT and MonetaGo have achieved an important milestone in the global fight against fraud and duplicate financing, “with the live launch of the Trade Financing Validation Service provided by MonetaGo over the global SWIFT network.” This is “the first third party service, in trade, available… Read More

October 28, 2022 @ 11:34 am By JD Alois  |  

Mercuryo, a payments Fintech, is boosting its crypto services by integrating with Fireblocks. Fireblocks is a leading digital asset infrastructure firm that powers the transfer, storing, and issuing of digital assets. Serving over 1500 financial institutions, Fireblocks enables exchanges, lending desks, custodians, banks, trading desks,… Read More

October 28, 2022 @ 11:21 am By JD Alois  |  

The UK Parliament has moved on a new Financial Services and Markets Bill that incorporates language aiming to provide a path to regulated crypto-assets (digital assets). The comprehensive bill, which is 335 pages long, addresses “Digital Settlement Assets” which may, or may not be via… Read More

October 28, 2022 @ 10:06 am By JD Alois  |  

Yesterday it was announced that StartEngine had entered into an agreement to purchase SeedInvest. Following a typical regulatory review, StartEngine will soon own substantially all of SeedInvest’s assets, including its database of registered investors. SeedInvest is currently owned by Circle, which purchased the company in… Read More

Sponsored October 28, 2022 @ 10:00 am By Medical 21  |  

Medical 21 Raises Capital Online in Public Securities Offering to Fund Breakthrough Coronary Bypass Product Cardiac surgery is a multi-billion dollar industry, with one estimate placing it at $10 billion in the US alone and bypass surgery, is the most common type of heart surgery… Read More

October 28, 2022 @ 7:46 am By Omar Faridi  |  

Blockchain is “changing the way the world stores and moves its information,” according to an update from Google. Building on their commitment to help Web3 developers build and deploy new products on blockchain-based platforms, the tech giant is pleased “to announce Google Cloud’s Blockchain Node… Read More

October 28, 2022 @ 7:42 am By Omar Faridi  |  

Raisin, which claims to be the global leader for the savings and investment market, has announced the migration of its UK platform ClearBank, the “enabler of secure accounts, real-time clearing, and embedded banking for financial institutions.” ClearBank will “underpin the FSCS protected account Raisin UK… Read More

October 27, 2022 @ 11:14 pm By Omar Faridi  |  

Evergreen Bank Group has launched Narmi‘s mobile and web-based banking platform and digital account opening solution for its Evergreen Bank Group, Performance Finance and FreedomRoad Financial brands. The platform enhances the customer’s digital banking experience, “both via a computer or mobile device, and allows current… Read More

October 27, 2022 @ 11:03 pm By Omar Faridi  |  

Moven, a firm that enhances virtual banking experiences for banks, credit unions, and fintech, is teaming up with upSWOT, a Fintech platform that allows service providers to support the success of SMB clients with embedded finance tools. As a result of this collaboration, Moven can… Read More

October 27, 2022 @ 10:47 pm By Omar Faridi  |  

Boost Mobile, the wireless carrier that puts the power back into the hands of the people, announced the launch of OmniMoney by Boost Mobile. OmniMoney represents “the latest Boost value-added service delivering mobile access to money transfer, debit cards and basic no-fee digital checking services.”… Read More

October 27, 2022 @ 9:59 pm By Omar Faridi  |  

Gate.io, which claims to be one of the world’s largest and oldest cryptocurrency exchanges, announced the signing of the Memorandum of Understanding (MoU) with the South Korean city of Busan. The agreement “entails the cooperation between Gate.io and the Busan Metropolitan City government to develop… Read More

October 27, 2022 @ 9:57 pm By Omar Faridi  |  

Upside, a Web3 focused Investment Decentralized Autonomous Organisation (DAO), announced it has raised $5 million in capital “to deploy in support of the best Web3 startups, with a focus on Australia.” To that end, Upside DAO is also “announcing the first recipients of its investment… Read More

October 27, 2022 @ 7:00 pm By Omar Faridi  |  

Wildfire Systems Inc., a Fintech platform that powers white-label reward programs and shopping companions, announced that it has secured a strategic investment from Citi Ventures. The funding will “support Wildfire’s technological innovation and continued ability to deploy new features that will drive rewarding online shopping… Read More

October 27, 2022 @ 6:15 pm By Omar Faridi  |  

First Pryority Bank, a member FDIC bank, and Teslar Software announced their partnership “to expedite and streamline processes across the bank’s loan department.” The Pryor Creek, Okla.-based bank has “grown substantially over the past three years and will leverage Teslar’s lending automation software to help… Read More

October 27, 2022 @ 4:47 pm By Omar Faridi  |  

IRIS Software Group, a global software provider of accountancy solutions, announced it has acquired Thomson Reuters myPay Solutions, a trusted online payroll processing service designed to empower CPAs. myPay Solutions “provides comprehensive outsourced payroll and associated banking and tax services via CPA firms to small… Read More

October 27, 2022 @ 4:22 pm By JD Alois  |  

As was reported earlier today, StartEngine has acquired SeedInvest, thus combining two of the largest US-based online investment marketplaces. Both platforms offer securities under Reg CF, Reg A+, and Reg D (506c). Both platforms hold a broker-dealer license, and both have been approved to operate… Read More

October 27, 2022 @ 3:51 pm By JD Alois  |  

The Autorité des Marchés Financiers (AMF) has appointed Marie-Anne Barbat-Layani as its new Chair, replacing Robert Ophèle, whose term of office came to an end on July 31, 2022. In the interim, Jean-Claude Hassan has been acting Chair. Barbat-Layani is a graduate of the Paris… Read More