July 6, 2022 @ 6:18 pm By Omar Faridi  |  

Cellebrite DI Ltd. (NASDAQ: CLBT), which claims to be a leader in Digital Intelligence (DI) solutions for the public and private sectors, and Chainalysis, the blockchain data platform, have launched a partnership to “enable customers to easily identify and assess criminal activity involving cryptocurrency during… Read More

July 6, 2022 @ 4:08 pm By Omar Faridi  |  

Paytrail and Mastercard’s (NYSE: MA) partnership via Aiia, an Open Banking platform, is now supporting over 1 million open banking payments every month. Paytrail and Aiia have reportedly been working together since 2019, as they focus on supporting Open Banking enabled payments via digital commerce… Read More

July 6, 2022 @ 3:18 pm By Omar Faridi  |  

Amber Group, a global digital asset platform, has announced the appointment of Benjamin Bai as its Chief Legal Officer. An industry veteran, Benjamin joins from Ant Group where he “served as its Vice President and Chief Intellectual Property (IP) and International Litigation Counsel.” Benjamin joins… Read More

July 6, 2022 @ 3:11 pm By JD Alois  |  

Steeped Coffee has quickly hit the Reg CF funding cap on Republic raising $5 million in under 48 hours, according to a note from the firm. According to the offering page, Steeped Coffee was raising capital using a “Crowd SAFE” at a $33 million valuation cap…. Read More

July 6, 2022 @ 2:39 pm By JD Alois  |  

eToro, a modern spin on investing and trading that merges both digital assets and traditional securities, has axed its SPAC deal, according to a statement issued by the company. At the same time, Calculistech is reporting that their headcount is being slashed by 100 employees… Read More

July 6, 2022 @ 12:59 pm By Omar Faridi  |  

As part of Amazon Egypt’s ongoing commitment to improve its shopping experience and offer clients in the country with flexible and affordable payment options, Amazon Egypt (amazon.eg) is offering installment plans via valU, the Buy-Now, Pay-Later (BNPL) lifestyle-enabling Fintech in MENA, a subsidiary of EFG… Read More

July 6, 2022 @ 11:17 am By Omar Faridi  |  

BKN301 – a Fintech creating payment services and Banking-as-a-Service (BaaS) solutions – has acquired €15 million via its Series A round. This, after finalizing the first seed round a few months back. The investment round includes key investors and brings the firm’s valuation to €63… Read More

July 6, 2022 @ 10:57 am By Omar Faridi  |  

Quirk, the new finance app developed for Gen Z consumers, has been introduced to the wider public this week after managing to reach 10,000 beta users. The app’s developers are offering this “financially-neglected” generation their “best” way to get on top of their finances and… Read More

July 6, 2022 @ 10:27 am By JD Alois  |  

Raul Malmstein, the Former head of Estonia’s financial regulator, will open a new office in Estonia for SG Veteris, a crypto firm.  He is the former chairman of the Management Board of the Estonian Financial Supervision Authority (EFSA), a position he held for eight years…. Read More

July 6, 2022 @ 9:58 am By JD Alois  |  

Voyager Digital (TSX: VOYG) (OTCQX: VYGVF), a digital asset trading platform, has filed for bankruptcy following a difficult couple of weeks for the company. Voyager is emblematic of crypto contagion fears as counter-party risk has caused several firms to pause operations or, in this case,… Read More

July 6, 2022 @ 9:47 am By Omar Faridi  |  

Italy’s payments Fintech Nexi NEXII.MI and Greece’s Alpha ACBr.AT bank revealed on Monday (July 4, 2022) that they intend to invest €100 million (appr. $104.55 million) within the next 5 years in the Greek digital payments sector. In 2021, Nexi agreed to acquire Alpha Bank’s… Read More

July 6, 2022 @ 9:37 am By Omar Faridi  |  

ThinCats, which claims to be the “leading” alternative finance provider to SMEs, recently  announced the appointment of Richard Newman, Senior Director, Transaction Management to manage its Midlands transaction team. Richard reportedly has over 20 years of corporate finance experience occupying senior roles at HSBC, RBS… Read More

July 6, 2022 @ 8:43 am By Omar Faridi  |  

WiseWorks AI, the communications intelligence platform, has acquired a $1.2 million investment in order to develop a comprehensive solution for financial institutions to analyze surging virtual communications for compliance and to automate routine tasks. The oversubscribed investment round has been led by Veridian Ventures, with… Read More

July 6, 2022 @ 8:41 am By Omar Faridi  |  

The team at Robo.cash noted that they will continue updating clients on the work of platform originators in 2022. RC Riga Singapore started the year confidently, “having significantly increased its loan portfolio.” Here are some key points shared by the Robocash team: 78% of loans… Read More

July 6, 2022 @ 8:38 am By Omar Faridi  |  

Last year, October had carried out a survey among their community of lenders in order to gain insights into the topics they were “eager to learn more about.” One topic came back repeatedly: their platform statistics. To answer your questions related to stats, October is… Read More

July 6, 2022 @ 8:36 am By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports Interlay (INTR). You can add INTR to your Kraken account “by navigating to Funding, selecting the asset, and hitting Deposit.” Trading will “begin June 30th.” Here’s what you need to… Read More

July 6, 2022 @ 7:58 am By Omar Faridi  |  

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, recently visited Ballycoolin in north Dublin in order to establish the 11 remote working hubs that have been launched as part of Bank of Ireland’s hybrid working model. These hubs are being worked… Read More

July 5, 2022 @ 11:56 pm By Omar Faridi  |  

CACEIS is a major player in the fast-evolving asset servicing sector and “aims to broaden its offering on digital assets with services that meet clients’ growing demand.” Accordingly, CACEIS signed an agreement with Taurus, a Swiss company that claims to be a European market leader… Read More

July 5, 2022 @ 7:28 pm By Omar Faridi  |  

This summer, Gemini is making it easier for users to participate in the Solana ecosystem with Gemini’s Solana Summer fee promotion. Starting on July 1, 2022, the digital asset firm is “offering free USD trades to ActiveTrader and API (FIX and REST) users on the… Read More

July 5, 2022 @ 6:20 pm By Omar Faridi  |  

Binance Labs, the VC division and accelerator of Binance, and Republic co-led the seed funding round of Magic Square, the first “community-driven” Web3 multi-chain crypto app store. Magic Square provides Web3 solutions “to make crypto more accessible for all.” Users can discover and experience various… Read More