September 1, 2022 @ 8:44 pm By Omar Faridi  |  

Numerix, a key player in capital markets risk management technology, announced that it has been acquired by Genstar Capital, a private equity firm “focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries.” Founded in 1996, Numerix reportedly “has over… Read More

September 1, 2022 @ 7:42 pm By Omar Faridi  |  

Digital Asset, a software provider that helps enterprises build economic value through interconnected networks, announced another solid quarter of growth in Q2 2022. The firm continues “to expand its footprint among financial institutions and market infrastructures exploring and investing in next generation blockchain technology.” The… Read More

September 1, 2022 @ 7:37 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged the Archer Capital Management Group, Archer Growth Fund, and two related entities, HDR Management LLC and Silvermoon Group LLC, with an alleged fraudulent scheme that raised $2.6 million from at least 20 unsuspecting investors. According to the… Read More

September 1, 2022 @ 6:36 pm By JD Alois  |  

According to Crowdfund Capital Advisors (CCA), Reg CF (Regulation Crowdfunding) had a booming month in August. While other markets sank (think crypto and public securities), platforms participating in securities offerings under Reg CF jumped. CCA reports that new issuers hit a record 159 companies aiming… Read More

September 1, 2022 @ 4:32 pm By Omar Faridi  |  

FX HedgePool, the peer-to-peer matching platform for institutional foreign exchange transactions, has acquired $8 million via Series A funding, led by Information Venture Partners, along with contributions from Fidelity International Strategic Ventures (FISV) and NAventures, National Bank of Canada’s corporate VC unit. The investment round… Read More

September 1, 2022 @ 1:10 pm By Omar Faridi  |  

The Federal Reserve has reportedly changed the timing of the introduction of its real-time payments solution, called FedNow, to the middle of 2023. The US Federal Reserve is aiming for a full-scale production rollout of the new payments service for somewhere between May and July… Read More

September 1, 2022 @ 1:08 pm By JD Alois  |  

Like several other platforms, Republic has entered the art or collectibles sector of online investing. Republic, which just closed on its acquisition of Seedrs, has grown to offer multiple investment verticals including, early stage ventures, real estate, crypto, gaming, litigation financing, and now art and… Read More

September 1, 2022 @ 10:19 am By JD Alois  |  

Online lender Linked Finance says that Irish SMEs continue to pesevere even in spite the rising inflation and global conflict like Russia’s unprovoked war with Ukraine. The periodic Linked Finance SME Confidence Index states that: 82% of businesses report performance better or in line with… Read More

September 1, 2022 @ 10:01 am By Omar Faridi  |  

Fireblocks, the provider of digital asset and crypto custody technology, and Tokeny, the tokenization solution provider, announced their partnership “to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.” Institutions seeking to mint and manage permissioned tokens such as… Read More

September 1, 2022 @ 9:37 am By Omar Faridi  |  

Digital asset firm Gemini notes that the most consequential Ethereum network upgrade yet, called “The Merge,” is planned for mid-September this year. The upgrade will “codify Ethereum’s long-awaited move to Proof-of-Stake (PoS) from its existing Proof-of-Work (PoW) consensus mechanism.” Following years of planning, and numerous… Read More

September 1, 2022 @ 9:00 am By JD Alois  |  

Presearch, a heightened privacy search engine that rewards users with tokens, has gained a notable step up in the competitive world of search. Presearch is now integrated with Android in Europe as a default search engine option. According to a statement by Presearch, Android devices… Read More

September 1, 2022 @ 8:45 am By Omar Faridi  |  

Solid, the Fintech-as-a-service platform that offers modern infrastructure for any company to launch and scale fintech products, announced its $63 million Series B funding round. Led by FTV Capital, a sector-focused growth equity firm with nearly 25 years of experience investing in financial technology, the… Read More

September 1, 2022 @ 8:41 am By Omar Faridi  |  

Ebury, which claims to be one of Europe’s largest Fintechs and provider of transaction payment solutions, is increasing its presence in the alternative investment sector “to meet growing demand for better, more focused services as an alternative to traditional banking providers.” Ebury has reportedly “invested… Read More

September 1, 2022 @ 8:39 am By Omar Faridi  |  

Oxbury Bank – which claims to be the UK’s ‘first’ and ‘only’ AgTech bank – has secured £25 million in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank. British Business Investments aims… Read More

September 1, 2022 @ 7:27 am By Omar Faridi  |  

Caju Benefícios, a flexible benefits management platform, announced it has secured a $25 million Series B round led by K1 Investment Management, a Los Angeles-headquartered investment company focused on “high-growth” B2B software businesses. With the capital injection, the firm intends to enhance the efficiency of… Read More

September 1, 2022 @ 4:00 am By JD Alois  |  

With the completion of the acquisition of Seedrs, Republic has announced that it is now the “first global private investment platform,” which will provide access to investment opportunities for retail investors around the world. Republic has shared that it has received final regulatory approval to… Read More

August 31, 2022 @ 10:47 pm By Omar Faridi  |  

MX is now a Nacha Preferred Partner Program for Risk Management and Fraud Prevention. In becoming a Preferred Partner, MX joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies “to advance the ACH Network.”… Read More

August 31, 2022 @ 10:17 pm By Omar Faridi  |  

Spreedly, the provider of the leading Payment Orchestration platform, and PPRO, the  provider of digital payments infrastructure, announced a partnership “to offer a diverse portfolio of alternative / local payment methods (APM / LPMs) through the Spreedly platform.” Spreedly and PPRO have partnered “to offer… Read More

August 31, 2022 @ 10:17 pm By Omar Faridi  |  

Bango plc (AIM:BGO), the global platform for data-driven commerce, announces that it has acquired the global payments business of NTT DOCOMO. In addition, Bango has signed “a long-term platform deal with NTT DOCOMO to provide payment services in Japan for the world’s largest merchants.” DOCOMO… Read More

August 31, 2022 @ 9:43 pm By Omar Faridi  |  

Discover (NYSE: DFS) announced its new Advanced Analytics Resource Center (AARC) and welcomed its first cohort of 75 employees at its downtown Chicago Office called the 606. The launch of the AARC@606 “advances Discover’s investment in technology and analytics as well as its commitment to… Read More