July 22, 2022 @ 8:39 pm By Omar Faridi  |  

As U.S. demographics change, so does the pool of Americans “pursuing homeownership.” According to Freddie Mac, the Hispanic American homebuyer segment “has increased by 25% in the last decade.” By 2030, this growing sector “will represent an estimated 56% of all new homeowners.” Still, Spanish-speaking… Read More

July 22, 2022 @ 4:31 pm By Omar Faridi  |  

FinTech North is announcing a partnership with digital sandbox provider NayaOne, which will see the two organizations build a marketplace for Northern Fintechs “to showcase their capabilities, access datasets and test ideas.” The platform, which is set to launch this summer, will “provide an exclusive… Read More

July 22, 2022 @ 3:37 pm By Omar Faridi  |  

TomoCredit, the immigrant founded credit card lending to more than 40 million credit-“invisible” immigrants and international students with no credit history in the U.S, announced that it raised $122 million in equity and debt. The investment round has attracted investors “including Morgan Stanley’s Next Level… Read More

July 22, 2022 @ 1:33 pm By Omar Faridi  |  

SumUp, the financial partner for small businesses across the globe, recently confirmed the introduction of SumUp Magic Pay, a QR code payment service for the hospitality industry. Hospitality client behavior has been changing in a post-pandemic environment. As the sector reopened in different phases, it… Read More

July 22, 2022 @ 1:30 pm By Omar Faridi  |  

Emma, the financial super app, recently announced the launch of its commission-free stock trading to over 1 million customers in the United Kingdom, after successfully “testing with more than 30,000 users who registered on the waiting list.” Emma customers currently “use the app to see… Read More

July 22, 2022 @ 11:02 am By Omar Faridi  |  

Sommelier, the automated DeFi portfolio management platform, announced the launch of the first Cellar, or “community-governed,” dynamic investment strategy vehicle, on the platform. This Cellar is “active on Aave and leverages machine learning to dynamically move assets between several stablecoin lending positions.” Users need “only… Read More

July 22, 2022 @ 10:01 am By Omar Faridi  |  

Qonto, which claims to be the leading European business finance solution, announced its intent “to acquire German fintech Penta.” The deal, which is expected to close in the next few weeks, “comes amid continuous growth for both companies.” This acquisition “represents the logical next step… Read More

July 22, 2022 @ 9:48 am By JD Alois  |  

In recent days, the Securities and Exchange Commission (SEC) filed an enforcement action alleging insider trading involving a former Coinbase (NASDAQ:COIN) manager and two other partners. Simultaneously, criminal charges were filed by the US Department of Justice. Buried within the SEC complaint was the statement… Read More

July 22, 2022 @ 9:37 am By Omar Faridi  |  

Credit card chargebacks are reaching “crisis levels” for retailers on both sides of the Atlantic, according to a survey of U.S. and U.K. consumers published by Justt, the chargeback mitigation pioneer. Two-thirds of U.S. shoppers and 44% of British shoppers “have filed chargebacks in the… Read More

July 22, 2022 @ 8:53 am By JD Alois  |  

Fintech super app Curve has selected Eyal Galina as Chief Product Officer in push to boost its product offerings. Galina will report directly to Curve CEO Shachar Bialick. He will be responsible for Curve’s product roadmap and strategy helping to chart its goal of becoming… Read More

July 22, 2022 @ 8:44 am By Omar Faridi  |  

InvestCloud, which claims to be the international leader in digital transformation for the financial industry, recently announced that it is supporting Rabobank, one of the Netherlands’ largest banks, in order “to provide digital financial planning for all its customers, from private banking to retail clients.”… Read More

July 22, 2022 @ 8:42 am By Omar Faridi  |  

Jupiter Exchange, an alternative asset exchange using fractional NFT technology, announced that it has closed on a $5 million seed funding round “led by White Hilt Capital.” Jupiter curates iconic objects and makes fractional ownership “available to anyone through its digital marketplace and exchange.” Loren… Read More

July 21, 2022 @ 11:58 pm By Omar Faridi  |  

Insurtech Gateway recently announced the first close of Seed Fund II. This fund will “enable them to support another 20 teams over the next 4 years from pre-seed to Series A.” The Gateway are “on a mission to close the funding gap in early stage… Read More

July 21, 2022 @ 8:59 pm By Omar Faridi  |  

As part of SubQuery’s initiative to support all native layers of the Cosmos ecosystem, SubQuery is pleased to announce support for Fetch-ai Network (an interchain protocol, based on the Cosmos-SDK). Fetch-ai network is “building an open access, tokenized, decentralized machine learning network to enable smart infrastructure… Read More

July 21, 2022 @ 8:32 pm By JD Alois  |  

As was reported earlier today, the Securities and Exchange Commission (SEC) has filed charges in regards to a former Coinbase manager and allegations of insider trading that involved two other perpetrators. The SEC noted that criminal charges have been simultaneously filed in the Southern District… Read More

July 21, 2022 @ 8:13 pm By Omar Faridi  |  

Charles announced that it has raised a $20 million Series A round that was led by Salesforce Ventures in order to become one of Europe’s “leading” conversational commerce as a service platform. Accel and HV Capital, who led the company’s seed round in 2021, also… Read More

July 21, 2022 @ 7:26 pm By JD Alois  |  

While Fintech investment may be slowing in other markets, the United Kingdom appears to be bucking the trend. In a “Summer Investment Report,” Innovate Finance puts a pen to the numbers and they are encouraging. The organization states that during the first 6 months of… Read More

July 21, 2022 @ 6:55 pm By Omar Faridi  |  

Global analytics software provider FICO (NYSE: FICO) announced a partnership agreement with Israel’s Open-Finance.ai, a risk, finance and compliance software enabler of open banking and finance services and consulting firm headquartered in Tel Aviv. Through this agreement, Open-Finance.ai will “integrate the FICO® Blaze Advisor® decision… Read More

July 21, 2022 @ 4:02 pm By Omar Faridi  |  

BankiFi, an embedded banking solutions provider, announced its expansion into North America with “the launch of BankiFi Americas.” The organization’s growth and expansion into the U.S. market “will support the unique digitization and payment modernization requirements of SMBs, while placing financial institutions at the heart… Read More

July 21, 2022 @ 3:57 pm By Omar Faridi  |  

Payment service provider Clik2pay has introduced flexible and scheduled payment options, offering Canadian businesses “more options when requesting payments from their customers.” These new features make it easier “to request direct-from-account payments – safely and securely, using one of the most trusted money transfer systems… Read More