September 13, 2022 @ 4:06 pm By JD Alois  |  

dv01, a top provider of online lending data, has been acquired by Fitch. According to a statement disributed by Fitch, the company has agreed to purchase a majority stake in dv01. Details on the acquisition were not provided. Fitch is, of course, a top ratings… Read More

September 13, 2022 @ 3:30 pm By Omar Faridi  |  

Banking-as-a-Service Fintech firm Griffin recently announced the launch of Verify, a customer onboarding product. Verify will help regulated fintechs “onboard customers at scale while meeting regulatory requirements.” Adam Moulson, Griffin’s acting CEO, said: “Our mission is to create a technology-driven bank that we believe will… Read More

September 13, 2022 @ 2:42 pm By Omar Faridi  |  

Anchorage Digital is pleased to announce the expansion of their institutional crypto custody platform to include AXL, the digital token that will “play a central role on the Axelar blockchain, which is expected to be live at the end of September 2022.” Axelar is a… Read More

September 13, 2022 @ 12:42 pm By JD Alois  |  

The Financial Technology Association (FTA) has posted research on the Buy Now Pay Later (BNPL) sector that highlights the positives of the Fintech service. The survey, created in partnership with the Morning Consult, arrives on the same day that the Senate Banking Committee held a… Read More

September 13, 2022 @ 12:28 pm By JD Alois  |  

As the completion of the Merge nears, where Ethereum moves from Proof of Work (PoW) to Proof of Stake (PoS), Ethereum is poised for a significant, transformational upgrade that may migrate the blockchain from a pretty cool experiment to ongoing relevance in the land of… Read More

September 13, 2022 @ 10:31 am By Omar Faridi  |  

Web3’s commerce layer Boson Protocol is partnering with Alterrage, a DAO-led fashion label leveraging blockchain technology, “to create interoperable collections across physical, augmented, and digital spaces.” The partnership will see Alterrage “open a phygital Web3 store where buyers will be able to purchase the unique… Read More

September 13, 2022 @ 10:00 am By JD Alois  |  

Titan is “re-introducing” its platform to investors. Titan aims to be the one-stop for retail money to build long-term wealth. In a corporate statement, Titan said it had completed a “significant expansion” of its actively managed investment platform. Titan said it will be introducing new… Read More

September 13, 2022 @ 9:45 am By JD Alois  |  

Today, the Senate Committee on Banking, Housing, and Urban Affairs, will hold a hearing on New Consumer Financial Products and the Impacts to Workers – typically these products are provided by Fintechs. Last week, Committee Chairman, Senator Sherrod Brown, hosted a “listening session” regarding new… Read More

September 13, 2022 @ 9:24 am By JD Alois  |  

Securitize, a digital securities platform enabling both primary issuance as well as secondary trading, has announced a new tokenized asset that provides investors with exposure to a fund created by KKR. KKR is a fabled buy-out firm and asset management company. KKR sponsors various funds… Read More

September 13, 2022 @ 9:00 am By Omar Faridi  |  

Slice, an “innovative” startup in the AdTech space and ZEBEDEE, a Fintech and next-generation payment processor for the gaming industry, announced the launch of an integration that “lets anyone earn Bitcoin simply by browsing the web, with the help of Slice’s browser extension.” While passive… Read More

September 13, 2022 @ 8:27 am By JD Alois  |  

Yesterday, several US Senators, all Democrats, issued a statement regarding concerns of crypto scams proliferating on Meta (Facebook) (NASDAQ:META). A letter signed by these Senators was sent to Meta CEO Mark Zuckerberg. Signed by, Senators Bob Mendez, Sherrod Brown, Elizabeth Warren, Diane Feinstein, Bernie Sanders… Read More

September 13, 2022 @ 8:00 am By Omar Faridi  |  

Fetch-ai Network has reportedly on-boarded 40,000 unique users and claims that it’s rapidly scaling its network usage. Fetch-ai Network’s announcement “comes on the heels of its $150 Million Development fund with MEXC Global and ByBit.” Fetch-ai Network’s unique technology called Autonomous Economic Agents (AEA) which… Read More

September 13, 2022 @ 7:55 am By Omar Faridi  |  

Wise Platform (LSE:WISE) recently launched their newest integration solution, International Receive. As noted in a blog post, customers at partner organizations using International Receive will be able “to quickly, easily and affordably receive cross-border payments, even if their bank is not connected to the SWIFT… Read More

September 13, 2022 @ 1:37 am By Omar Faridi  |  

Hubble Protocol, the home of the USDH stablecoin, recently announced the completion of a $5 million round led by Multicoin Capital, “bringing the project’s total financing to date to $15 million.” Multicoin Capital reportedly “joins previous investors DeFiance Capital, Delphi Digital, Digital Currency Group, Crypto.com… Read More

September 13, 2022 @ 12:07 am By Omar Faridi  |  

The International Securities Lending Association (ISLA), International Capital Market Association (ICMA) and the International Swaps and Derivatives Association (ISDA) have announced the appointment of FINOS to “provide a repository, with a view to fostering the growth of an open-source community for the Common Domain Model… Read More

September 12, 2022 @ 11:56 pm By Omar Faridi  |  

Fintech Ramp, the spend management and corporate card provider, has launched a lending partner network “to help customers find better long-term financing options.” As mentioned in an update shared with CI, partners “include Stifel, Capchase, Live Oak Bank, SmartBiz Loans, Lighter Capital and Founderpath.” This… Read More

September 12, 2022 @ 11:17 pm By Omar Faridi  |  

Canadian Fintech companies saw US$810 million in total investment “across 85 deals in the first half of 2022, down from US$1.9 billion in the second half of 2021.” This, according to an update from KPMG. It was also a notable drop “compared to the first… Read More

September 12, 2022 @ 11:06 pm By Omar Faridi  |  

PennyWorks, a DeFi-based platform that “tames the turbulence” of investing with a secure and stable experience, announced “major” milestones in its first few months of operations, including “a 205% month-over-month increase in user acquisition following the company’s $2 million pre-seed funding round led by Hi2… Read More

September 12, 2022 @ 10:55 pm By Omar Faridi  |  

Euler Finance — a non-custodial lending and borrowing protocol — is pleased to announce that it has integrated Chainlink Price Feeds on Ethereum mainnet. Operating as a risk-averse protocol, Euler claims it places “a strong emphasis on the protection of users’ funds.” Through its “unique”… Read More

September 12, 2022 @ 10:48 pm By Omar Faridi  |  

ErisX, a Cboe Global Markets (Cboe: CBOE) company, announced it has introduced the ErisX Settlement Service, a solution designed “to help remove settlement risk for over-the-counter (OTC) crypto transactions.” The offering expands ErisX’s suite of tools for institutional investors, “enabling them to settle OTC trades… Read More