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

August 31, 2022 @ 9:27 pm By Omar Faridi  |  

Naoris Protocol, the blockchain and AI-based “decentralized” cybersecurity mesh that restores cybersecurity across all sectors of the economy, is partnering with Router Protocol, the cross-chain infrastructure layer that “enables communication between blockchains.” Router Protocol is “a modular layer and cross-chain bridge that connects different blockchains… Read More

August 31, 2022 @ 8:42 pm By Omar Faridi  |  

Surecomp announced that the Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, has “gone live with its DOKA-NG™ and allNETT™ solutions to fully digitize trade finance processing.” Supported by local partner, CMC Technology and Solution (CMC TS) in Vietnam,… Read More

August 31, 2022 @ 8:12 pm By Omar Faridi  |  

The team at RedStone is pleased to announce that in August 2022, they successfully raised a $7M seed round led by Lemniscap in order “to pursue [their] mission of powering Web3 innovation with a novel approach to on-chain data storage.” The funds will play a… Read More

August 31, 2022 @ 6:45 pm By JD Alois  |  

Real estate investment platform Groundfloor is raising capital on Wefunder, a leading investment crowdfunding platform. According to the offering page, Groundfloor is raising equity at a pre-money valuation of $234 million. Investors may participate for just $100 and as of today, Groundfloor has raised just… Read More

August 31, 2022 @ 4:02 pm By JD Alois  |  

Maxine Waters, Chairwoman of the House Committee on Financial Services, has posted the calendar for September hearings with several topics of note on the list. On Tuesday, September 20 at 10 a.m. ET, the Subcommittee on National Security, International Development, and Monetary Policy will meet… Read More

August 31, 2022 @ 3:39 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has issued a warning to investors regarding “investment scams and frauds offered in the unregulated metaverse.” The NASAA advisory states that the metaverse may offer investment opportunities, including virtual real estate, nonfungible tokens (NFTs) and other businesses. But… Read More

August 31, 2022 @ 2:09 pm By Omar Faridi  |  

Infobip Group, a global cloud communications platform company for customer engagement, and key player in CPaaS solutions, announced a partnership with Google and Goldman Sachs to launch “an innovative mentorship program for startups from Croatia, the youngest European Union member state with a population of… Read More

August 31, 2022 @ 1:07 pm By Omar Faridi  |  

dAMM Finance is building a decentralized borrowing and lending protocol for crypto assets that is “highly capital efficient” and accessible for many token projects. Credora is partnering with dAMM “to conduct privacy-preserving credit evaluations and real-time risk monitoring on eligible dAMM borrowers.” The partnership will… Read More