September 15, 2022 @ 11:51 am By JD Alois  |  

As was reported this week, Do Kwon – the creator of TerraUSD and LUNA, has been subjected to a warrant for his arrest in South Korea. TerraUSD sought to be an algorithmic stablecoin tied to the US dollar but lost its dollar peg generating an… Read More

September 15, 2022 @ 11:09 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced a share repurchase program during a time whent the shares are trading near its 52 week low. Currently, Marqeta is trading at around $8/share. Its 52-week high is over $37 and its 52 week low is around $6/share. Marqeta is… Read More

September 15, 2022 @ 10:39 am By JD Alois  |  

Hedgehog, a fractional investing platform leveraging blockchain, is raising growth capital on Seedrs and has quickly topped its funding goal. According to the offering page, Hedgehog is seeking  £1 million in equity at a pre-money valuation of £20.4 million – representing about a 4.8% stake… Read More

September 15, 2022 @ 9:12 am By JD Alois  |  

PayU has received regulatory approval to acquire Tecnipagos S.A., doing business as Ding, a company providing electronic payments and deposits in Colombia. PayU is the payments operation of Prosus. In a corporate statement, PayU noted that it is present in more than 50 markets around… Read More

September 15, 2022 @ 8:35 am By Omar Faridi  |  

Adam McCann, Co-founder and CEO at Claimer, notes that he’s pleased to announce they’ve raised a $4.2m seed, led by Project A Ventures, with participation from Moonfire Ventures, and helloworld.vc. A group of angels also contributed to the investment round. They reportedly “include Matt Clifford… Read More

September 15, 2022 @ 8:31 am By JD Alois  |  

Ethereum creator Vitalik Buterin has been tweeting regularly this past week addressing the Merge where Ethereum moves from Proof of Work (PoW) to Proof of Stake (PoS). The transition is expected to extend the runway for Ethereum which is the most popular smart contract platform… Read More

September 15, 2022 @ 7:46 am By Omar Faridi  |  

We’re quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum’s history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken. As the Ethereum blockchain transitions from proof-of-work (PoW)… Read More

September 15, 2022 @ 7:44 am By Omar Faridi  |  

Paysend, the UK-based Fintech with over 7 million customers, announces the launch of Instant Account Payments, which give consumers and businesses the ability “to send instant cross-border payments of up to $100,000 to accounts for just $1 per payment.” Users can quickly connect to Paysend’s… Read More

September 15, 2022 @ 1:03 am By Omar Faridi  |  

Payhawk, the spend management solution with a presence across the UK and Europe, officially launched in the US. The unicorn has “opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and… Read More

September 14, 2022 @ 11:50 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, today announced the expansion of Real Time Visa Account Updater (VAU) to Europe. As the first platform to offer Real Time VAU coverage in Europe with Visa, Adyen will help its customers… Read More

September 14, 2022 @ 11:17 pm By Omar Faridi  |  

Tuum, an Estonian-born “next-generation” core banking platform, has partnered with Salt Edge, a key player in open banking solutions, “to help financial services providers from all over Europe to leverage the full spectrum of open banking features – fast and secure.” As technological advancements make… Read More

September 14, 2022 @ 11:09 pm By Omar Faridi  |  

TD Bank, which claims to be America’s Most Convenient Bank, announced the launch of a collaboration with DailyPay, a fintech with an innovative on-demand pay solution. This capability “enables clients to give employees real-time access to earned pay prior to a scheduled payday.” Paul Margarites,… Read More

September 14, 2022 @ 10:47 pm By Omar Faridi  |  

Commonwealth Bank (CBA) has become the “first” major Australian bank to enable PayTo payments for CBA customers – a new digital way “to authorize payments from a CBA bank account, and the latest initiative from New Payments Platform Australia (NPPA).” As part of the PayTo… Read More

September 14, 2022 @ 10:22 pm By JD Alois  |  

Chair of the House Committee on Financial Services, Maxine Waters has announced the witnesses expected to testify in front of a hearing on “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”  The witnesses on the list contain most of the biggest names in… Read More

September 14, 2022 @ 10:17 pm By Omar Faridi  |  

Payload, a “rapidly growing” Fintech start-up, announced that it will be taking its powerful, integration-first inbound and outbound payment capabilities to the next level through a new relationship with JP Morgan (NYSE:JPM). J.P Morgan has supported Payload’s new payment facilitator status, which Payload “will utilize… Read More

September 14, 2022 @ 9:44 pm By Omar Faridi  |  

Copenhagen has a strong fintech ecosystem and a “leading” position among fintech hubs globally, according to an update from Mastercard (NYSE: MA). The hub connects both start-ups, established companies and organizations “focusing on innovation and new opportunities.” Mastercard is “committed to empowering the growing fintech… Read More

September 14, 2022 @ 9:41 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is continuing its pursuit of platforms that are issuing digital assets without being registered as securities. In a lawsuit filed today against Chicago Crypto Capital LLC (CCC) and several executives, the SEC alleges the defendants defrauded investors. According to… Read More

September 14, 2022 @ 5:27 pm By Omar Faridi  |  

Future FinTech Group Inc. (NASDAQ: FTFT), a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs, a wholly subsidiary of the company, has teamed up with Currency Cloud Inc., a subsidiary of Visa and a global payment platform that is registered… Read More

September 14, 2022 @ 4:25 pm By JD Alois  |  

  As remote working becomes the norm for many, the demand for homes around the world has risen dramatically. If you can work from anywhere in the world – where would you choose? Unfortunaly, some regions do not offer a multi-listing service, and the process… Read More

September 14, 2022 @ 3:49 pm By JD Alois  |  

Do Kwon, creator of the failed algorithmic stablecoin TerraUSD and LUNA, is the target of an arrest warrant in South Korea, according to a report. South Korean publication Chosun writes, that Kwon is being pursued by the Seoul Southern District Prosecutor’s Office’s Financial and Securities… Read More