August 3, 2022 @ 10:33 pm By Omar Faridi  |  

Synctera, a Fintech platform helping innovators bring financial products to market more efficiently, has launched Ground Control, which is described as an “an end-to-end banking and compliance operational support program for developers and builders of financial products.” Ground Control is “a complimentary service that helps… Read More

August 3, 2022 @ 10:07 pm By Omar Faridi  |  

Aaron Schnarch, Vp of Product, Custody at Coinbase (NASDAQ:COIN), explains that Coinbase Prime provides institutions “with an end-to-end staking experience.” Clients can “create a wallet, decide how much to stake, and initiate staking from the ETH asset page on their Coinbase Prime account.” Securing client funds… Read More

August 3, 2022 @ 9:22 pm By Omar Faridi  |  

Philcoin’s staking rewards are now live. Philcoin is described as “a philanthropic blockchain movement.” Philanthropy and giving back have been “built into the very fabric of [their] company — from [their] business model, to [their] culture, technology and community rewards.” Their staking mechanism is “the… Read More

August 3, 2022 @ 8:29 pm By Omar Faridi  |  

Savana, a financial software for banks and fintechs, announced the closing of a $45 million Series A round led by Georgian, a growth-stage investor based in Toronto, Canada. The funds will be “used to drive continued growth of Savana’s core-agnostic Digital Delivery Platform, ramp up… Read More

August 3, 2022 @ 7:57 pm By Omar Faridi  |  

Global Payments Inc. (NYSE: GPN), a provider of payment technology and software solutions, and EVO Payments, Inc. (NASDAQ: EVOP), a global provider of payment technology integrations and acquiring solutions, recently announced that Global Payments “will acquire EVO in an all-cash transaction for $34.00 per share.”… Read More

August 3, 2022 @ 7:12 pm By Omar Faridi  |  

American Express (NYSE: AXP), the Small Business Card issuer in the U.S., has announced American Express Global Pay – a digital solution that enables U.S. businesses to securely “make domestic and international business-to-business (B2B) payments.” Through this new digital solution, business customers can “send payments… Read More

August 3, 2022 @ 6:37 pm By JD Alois  |  

Fundrise is the OG of Regulation A for real estate investments. In fact, Fundrise is the OG of all Regulation A offerings as just about no one, ever – anywhere, utilized old Reg A when they did just that back in 2012. As part of… Read More

August 3, 2022 @ 5:29 pm By JD Alois  |  

The first case of prosecuted insider trading in crypto took an interesting twist this week as the former Coinbase (Nasdaq:COIN) manager accused of abusing his position at the company to trade in advance of news has pleaded guilty to the charges of insider trading. According… Read More

August 3, 2022 @ 4:39 pm By Omar Faridi  |  

Parafin, a Fintech firm that’s being led by ex- Robinhood Markets Inc. professionals, has acquired $60 million in funding as part of its second investment round. Established in 2020 by Ralph Furman, Sahill Poddar, and Vineet Goel, Parafin works cooperatively with firms like DoorDash Inc…. Read More

August 3, 2022 @ 12:39 pm By Omar Faridi  |  

Novo, the financial platform for small businesses, recently announced that the company has launched Express ACH, a service that will “allow all of Novo’s small business customers to process same-day ACH payments.” Novo CEO Michael Rangel said: “At Novo, we’re focused on giving small businesses… Read More

August 3, 2022 @ 11:56 am By JD Alois  |  

Portal, a blockchain firm that has gained the backing of Coinbase Ventures, is raising growth capital on Republic. As it stands today, Portal has raised over $581,000 in less than two weeks. The offering has garnered the backing of 94 investors with just five days… Read More

August 3, 2022 @ 11:45 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, has reportedly funded a £4 million residential scheme located in Cambridge, which is focused on developing nine apartments that cover an area of 5,457 sq. ft. As reported by Mortgage Introducer, Blend Network’s management noted that the… Read More

August 3, 2022 @ 11:18 am By JD Alois  |  

Several US Senators, all members of the Senate Committee on Agriculture, have introduced new bi-partisan legislation targeting the digital asset sector. U.S. Senators Debbie Stabenow, Chairwoman of the Senate Committee and John Boozman, Ranking Member, along with Senators Cory Booker and John Thune have introduced the Digital… Read More

August 3, 2022 @ 9:44 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has issued stronger rules in regards to promoting what is deemed to be high risk investments. As anticipated, the FCA expects firms to use “clearer” and “more prominent risk warnings.” The tactic of offering a refer a friend bonus… Read More

August 3, 2022 @ 9:06 am By Omar Faridi  |  

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest independent publicly-traded business intelligence company, announced that, as of August 8, 2022, Michael Saylor will “assume the new role of Executive Chairman” and Phong Le, the Company’s President, will also serve as the Company’s new… Read More

August 3, 2022 @ 8:44 am By Omar Faridi  |  

Nomad – a bridge network allowing users to convert their assets across blockchains – was “exploited for over $156.4 million on August 1st.” Over 40 attackers utilized a code error that “allowed them to spoof transactions – draining Nomad’s Ethereum contract of most of its… Read More

August 3, 2022 @ 8:42 am By Omar Faridi  |  

Agile Financial Systems (AFS), a financial technology company specializing in payment processing, announced that it has teamed up with LendingPoint, an AI-driven CreditTech financial platform, “to offer merchants consumer lending and unsecured personal loans online and at the point of sale.” By enabling merchants to… Read More

August 3, 2022 @ 8:31 am By Omar Faridi  |  

To better serve banks and broker-dealers in North America and APAC regions on the NYFIX network around the clock, Fintech Broadridge Financial Solutions, Inc. (NYSE:BR), announced a partnership with Blue Ocean Technologies (BOT), which claims to be unique capital markets Fintech “focused on global afterhours… Read More

August 3, 2022 @ 2:17 am By Omar Faridi  |  

Huobi Group, one of the “leading” digital asset service providers, has completed its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This marks “the first step in the company’s push to offer digital currency exchange services in… Read More

August 3, 2022 @ 1:39 am By Omar Faridi  |  

As Major League Soccer (MLS) nears the mid-way mark of its exciting 27th season, MLS and Avant, a credit-first neobank that gives consumers access to the financial solutions they “deserve,” announced “a multi-year partnership.” Kevin Chin, Head of Business Development & Partnerships at Avant, said:… Read More