September 25, 2022 @ 9:39 pm By Omar Faridi  |  

STEPN, a Web3 lifestyle app that leverages tokenized incentives based on blockchain networks to encourage people to be active outdoors, recently celebrated its first anniversary amongst community members. Over the past year, the company “raised $5 million from investors, expanded to over 4.72 million users… Read More

September 25, 2022 @ 8:24 pm By Omar Faridi  |  

This month, Artory announced two major projects that deliver the benefits of the Algorand Blockchain to the traditional art market: the blockchain registration of Provenance Revealed: Galerie Steinitz in partnership with Christie’s and the launch of “a diversified and tokenized art fund which will secure… Read More

September 25, 2022 @ 7:59 pm By Omar Faridi  |  

CommentSold, the  live video commerce solution enabling retail businesses to unlock sales growth through live selling, announced the launch of its point of sale (POS) system built on Stripe, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers “gives… Read More

September 25, 2022 @ 6:37 pm By Omar Faridi  |  

Capchase, a provider of non-dilutive financing to SaaS companies, has announced a partnership with Sastrify, the global automated SaaS procurement platform, to offer a “Save Now, Pay Later” program to “high-growth” customers. This program will “enable Sastrify’s customers to extend their runways, cutting their SaaS… Read More

September 25, 2022 @ 6:26 pm By JD Alois  |  

Apple’s (NASDAQ:AAPL) buy now – pay later (BNPL) product is being “mysteriously” delayed according to Bloomberg’s Mark Gurman – a long-time Apple follower who has gained a reputation for accuracy. Perhaps rising interest rates caused Apple to pause? In his weekly newsletter, Gurman predicted that… Read More

September 25, 2022 @ 5:54 pm By Omar Faridi  |  

MineralTree, a Global Payments (NYSE: GPN) company and Accounts Payable (AP) and payment automation solution provider, recently released its seventh annual State of AP report. For the first time ever, MineralTree expanded its research “to include suppliers, reflecting the growing importance of vendor relationships to… Read More

September 25, 2022 @ 5:19 pm By Omar Faridi  |  

OKX, which claims to be the world’s “second-largest” cryptocurrency exchange, announced the launch of OKX Lite, a simplified version of its trading app that “makes it easy for users to buy, sell, swap and put their crypto to work.” With a more streamlined look and… Read More

September 25, 2022 @ 4:54 pm By Omar Faridi  |  

Lars Seier Christensen, chairman of the Swiss non-profit Concordium Foundation and a global “pioneer” in FX and derivatives trading, has announced further investment in the ecosystem around Concordium Blockchain to the tune of 10 million Euros. Determined to help grow an ecosystem in which he… Read More

September 25, 2022 @ 3:10 pm By JD Alois  |  

California state legislation focusing on cryptocurrency has been vetoed by Governor Gavin Newsom. The bill,  A.B. 2269, had passed the California Assembly and was presented to the Governor on September 12, 2022. The legislation was vetoed this past Friday (September 23, 2022). The Governor published… Read More

September 25, 2022 @ 2:51 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced the appointment of Eran Vanounou as chief technology officer (CTO) “to lead the company’s next stage of product development and innovation.” In this role, Eran will “oversee Forter’s data, precision and engineering teams.” Vanounou’s appointment further “deepens… Read More

September 25, 2022 @ 2:42 pm By Omar Faridi  |  

Fragnova recently announced that Ambal Duels, a “free-to-play” strategy card game, will be the “first” blockchain-enabled game to be “built using the platform’s unique game development engine, Claymore.” Using blockchain technology means the game will “have immutable assets and modding functionalities, allowing the community to… Read More

September 25, 2022 @ 2:35 pm By Omar Faridi  |  

Account takeover fraud is an alarmingly common type of online crime, which can “affect businesses and individuals alike,” according to an update from SEON. This form of attack tends “to occur when a fraudster poses as an established, genuine client of a business, or as… Read More

September 25, 2022 @ 2:30 pm By Omar Faridi  |  

SpendMend, a  provider of solutions to optimize the cost-cycle for the healthcare industry, announced they have closed on a round of strategic investments from Spectrum Health Ventures as well as Memorial Hermann Health System. The new venture activity “follows closely in the wake of the… Read More

September 24, 2022 @ 7:41 pm By Omar Faridi  |  

The Defense Advanced Research Projects Agency (DARPA) has awarded Inca Digital‘s government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract “to research advanced methods for analyzing activity related to financial applications of distributed ledgers in a project called: ‘Mapping… Read More

September 24, 2022 @ 6:54 pm By Omar Faridi  |  

Bizum has arrived at N26. The online bank has announced that all customers with a Spanish IBAN can now “send, receive and request money through the popular mobile payments solution.” In addition, the online bank’s app will “incorporate the Bizum functionality to pay at partner… Read More

September 24, 2022 @ 6:38 pm By Omar Faridi  |  

ClearBank, the enabler of accounts, real-time clearing, and embedded banking for financial institutions, announced its integration with Fondy, a one-stop payment platform, “to provide ecommerce companies with an efficient, easy-to-implement shop payment solution.” This solution will “allow companies to manage and control their money flow… Read More

September 24, 2022 @ 4:56 pm By Omar Faridi  |  

London-based start-up Playter is taking the BNPL space “by storm,” as they announce an increase in the amount of funding SMEs can access through their growth platform, “reducing business owners’ burn rates, increasing runway, and freeing up capital.” Up until now, Playter could offer up… Read More

September 24, 2022 @ 12:33 pm By Omar Faridi  |  

Yoko Spirig, Chief Executive Officer & Co-Founder at Ledgy, notes that the firm has raised a $22 million Series B funding round, led by New Enterprise Associates. The company’s CEO added that she’s delighted to share the news and that in the last few months… Read More

September 24, 2022 @ 12:22 pm By Omar Faridi  |  

Trade Ledger, the data-driven lending technology provider, has partnered with Thought Machine, the cloud-native banking technology company and developer of core banking engine Vault Core, “to provide a fully integrated technology stack for commercial lenders and banks.” API-driven data exchange between the two companies will… Read More

September 23, 2022 @ 8:22 pm By Omar Faridi  |  

Treasury Prime, a Banking-as-a-Service (BaaS) company, announced it is partnering with FB Financial Corp (FirstBank) in order to bring embedded finance offerings to its customers. The partnership with FirstBank brings Treasury Prime’s bank network “to well over a dozen, adding to their rapidly growing available… Read More