July 17, 2022 @ 4:16 pm By Omar Faridi  |  

Mandala, which claims to be a “unique” Metaverse experience that promotes the intersection of technology, spirituality, sustainability and entertainment, is teaming up with Immutable X’s Layer 2 scaling solution on Ethereum “to build a multi-platform interoperable metaverse, leveraging NFTs to combine gripping storytelling with immersive… Read More

July 17, 2022 @ 3:00 pm By JD Alois  |  

The Association of Online Investment Platforms (AOIP) has forwarded a letter to members of Congress in support of the JOBS Act 4.0 legislation. In the spring of 2022, Republicans on the Senate Banking Committee submitted draft legislation on the 10th Anniversary of the JOBS Act… Read More

July 17, 2022 @ 2:50 pm By Omar Faridi  |  

ESG Book, which claims to be a global leader in sustainability data and technology, recently announced that Leon Saunders Calvert will join as its new Chief Product Officer, “effective in October 2022.” He will lead the expansion of ESG Book’s product suite, and “drive the… Read More

July 17, 2022 @ 1:34 pm By Omar Faridi  |  

Revolut, the global financial super app, has surpassed 20 million retail customers worldwide, and is now “processing over 250 million transactions a month.” Both achievements come as Revolut “celebrates its seventh anniversary.” Revolut is continuing “to expand its global workforce, topping 5,000 employees globally.” Over… Read More

July 17, 2022 @ 1:29 pm By Omar Faridi  |  

Super Mojo, Inc.  recently announced the launch of its financing platform designed to make digital assets more accessible “for the next wave of users.” The platform facilitates point-of-sale financing “to improve the NFT purchase experience and collateralized lending for improved post-sale liquidity.” Supermojo’s initial focus… Read More

July 17, 2022 @ 1:26 pm By Omar Faridi  |  

Worldline [Euronext: WLN], which claims to be an international leader in payment services, and Casio Computer recently revealed that they have agreed to a business alliance to support card payments and cashless shopping in Japan, a market with significant potential to transform its conservative retail… Read More

July 16, 2022 @ 11:17 pm By Omar Faridi  |  

The Berlin-headquartered Insurtech firm ELEMENT has secured €21.4 million via a Series B round. The total funding secured by the firm now amounts to 88 million euros. ELEMENT is also reporting its “best” YTD results. The investment round has been led by the Versorgungswerk Zahnärztekammer… Read More

July 16, 2022 @ 10:10 pm By Omar Faridi  |  

Rome Blockchain Labs, the organization behind BENQI’s Liquid Staking protocol on Avalanche, recently announced a collaboration with Alluvial and the founders of BENQI “to build a compliant, enterprise-grade Avalanche (AVAX) liquid staking product.” This collaboration “offers institutions a secure AVAX staking option while participating in… Read More

July 16, 2022 @ 10:03 pm By Omar Faridi  |  

Synchrony (NYSE: SYF), a financing company, recently announced that merchants will now be able “to offer a short-term, no interest installment option,” Synchrony SetPay pay in 4, “via the Clover® point-of-sale and business management system from Fiserv, Inc.” This buy now, pay later (BNPL) offering… Read More

July 16, 2022 @ 9:27 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently announced an expansion of its Engage partner network to include its open banking services, “offering customers easy access to several technology partners that can quickly build and deploy open banking solutions for payments and lending decisioning at scale.” According to Mastercard’s… Read More

July 16, 2022 @ 9:01 pm By Omar Faridi  |  

Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, announced that it has completed the acquisition of Cohort Go, an international education payments provider that “brings additional students, agents and essential student services to Flywire.” The acquisition will “build on Flywire’s existing education… Read More

July 16, 2022 @ 4:31 pm By Omar Faridi  |  

Rarible.com, which claims to be the leading multi-chain non-fungible token (NFT) marketplace, announced its integration with the Metaplex Protocol, a protocol built on Solana for NFTs, “to enable support for the Proof-of-History (PoH) and popular NFT-favorite blockchain, Solana.” The integration “enables Rarible.com users to explore… Read More

July 16, 2022 @ 4:23 pm By Omar Faridi  |  

Finastra and HSBC (NYSE: HSBC) announced that they are working together “to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking as a Service (BaaS) experience.” This collaboration will “take advantage of the best elements of modern API-driven connectivity with licensed institutions’ secure,… Read More

July 16, 2022 @ 4:19 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is expanding its Start Path startup engagement program to include seven early and late-stage startups “hailing from the United States, Canada and Latin America.” Carbon Neutral Club, Guava, oneKIN, Palla, SUMA Wealth, Truora and Yunit are the newest Start Path companies that… Read More

July 16, 2022 @ 4:10 pm By JD Alois  |  

Last week, an amended S-4 with the Securities and Exchange Commission (SEC) detailing the pending SPAC deal with Aurora Acquisition Corp. (NASDAQ: AURC) and Better.com, an online lender in the mortgage sector. In a release, Vishal Garg, CEO and Founder of Better, issued the following… Read More

July 16, 2022 @ 3:33 pm By Omar Faridi  |  

Investing money and paying with the investment at any time, “free of charge?” It is now possible, according to an update shared with CI. Berlin-based startup, UnitPlus, has launched (what it claims to be) the world’s first ETF investment product “with a seamlessly integrated payment… Read More

July 16, 2022 @ 3:29 pm By JD Alois  |  

The New York Yankees has formed a partnership with NYDIG on a Bitcoin payroll option. NYDIG, a subsidiary of Stone Ridge, is a digital asset platform that offers Bitcoin products and services to banks, Fintechs and more. The multi-year partnership with the Yankees make NYDIG… Read More

July 16, 2022 @ 3:09 pm By Omar Faridi  |  

EQ Bank, powered by Equitable Bank, Canada’s Challenger Bank, has teamed up with Flinks, a key player in open banking, to provide EQ Bank customers with the ability “to share their financial data securely with third-party fintech applications of their choosing.” This partnership, and the… Read More

July 16, 2022 @ 3:06 pm By Omar Faridi  |  

SaaS or software-as-a-service firms are able to sign a deal, send an invoice, even receive funds. But they can’t book the revenue — or “recognize” it, in accounting lingo — “until they’ve delivered the service.” With SaaS, the bookkeeping “gets tricky,” according to an update… Read More

July 16, 2022 @ 1:17 pm By Omar Faridi  |  

American Express (NYSE:AXP) has launched the “refreshed” Blue Cash Everyday Card with “new online shopping rewards, credits for streaming and cooking at home, and a sleek new Card design.” Blue Cash Everyday now “offers 3% cash back on U.S. online retail purchases, at U.S. supermarkets,… Read More