May 27, 2022 @ 1:17 pm By Omar Faridi  |  

NAB has introduced a Buy Now, Pay Later (BNPL) solution that it says will not hit consumers with late charges, account fees or interest payments. The banking institution will reportedly allow clients to spend as much as $1,000 through a virtual credit card that’s embedded… Read More

May 27, 2022 @ 1:15 pm By Omar Faridi  |  

Flybits, an international player focused on Enterprise-grade Experience Design solutions for the financial industry, recently announced the launch of its new Metaverse authoring platform called OpenDome. Built as an algorithmic, template-driven render engine, OpenDome claims to be “the first-ever platform enabling banks to create multi-dimensional… Read More

May 27, 2022 @ 10:54 am By JD Alois  |  

This should really come as absolutely no surprise, Fintech Marqeta (NASDAQ: MQ) has distributed a study that states digital payments increase fueled by the COVID health crisis – is here to stay. During the somewhat dubious lockdowns, digital transactions of all kinds rocketed higher. The… Read More

May 27, 2022 @ 10:36 am By JD Alois  |  

A group of Republican US Senators has introduced legislation designed to knee-cap the digital yuan – a Central Bank Digital Currency (CBDC) that is already in use – albeit on a limited basis. Senators Tom Cotton, Marco Rubio, and Mike Braun have revealed the “Defending… Read More

May 27, 2022 @ 10:16 am By Omar Faridi  |  

Scalapay, which claims to be one of Europe’s leading Buy Now – Pay Later providers, and Twig, the “next generation” of banking and Web3 green payment infrastructure, recently announced an “exclusive” partnership. This partnership will “allow customers to resell products they have purchased via Scalapay… Read More

May 27, 2022 @ 9:30 am By JD Alois  |  

While some Fintechs have announced layoffs as the economy stumbles due to inflation and other concerns, Paystrax has just announced it will be doubling the size of its headcount in Lithuania. Paystrax is a payment processing solution that has offices in the UK, Iceland, and… Read More

May 27, 2022 @ 8:40 am By Omar Faridi  |  

Elliptic, an international firm focused on crypto-asset risk management, has announced J.P. Morgan as an additional investor “as part of its recent $60 million Series C funding round led by Evolution Equity Partners and including SoftBank Vision Fund 2, AlbionVC, Digital Currency Group, Wells Fargo… Read More

May 27, 2022 @ 8:36 am By Omar Faridi  |  

Clearpay, a key player in Buy Now, Pay Later payments known as Afterpay outside the United Kingdom and Europe, has made its in-store payment functionality available to SMBs across the UK’s high streets. By providing installment payments in-store, Clearpay is supporting them to drive more… Read More

May 27, 2022 @ 8:28 am By Omar Faridi  |  

The APPG for Challenger Banks and Building Societies are pleased to confirm that Metro Bank is now the latest challenger bank to join them as an Associate Member. The APPG is a cross-party group of MPs and Peers that focuses on informing parliamentarians about challenger… Read More

May 26, 2022 @ 11:56 pm By Omar Faridi  |  

CoinDCX, which claims to be one of India’s largest and the “most valuable” crypto companies, has announced the launch of its new crypto yield program, ‘Earn’, which is described as a new way for CoinDCX’s customers “to put their crypto to work and earn interest… Read More

May 26, 2022 @ 10:35 pm By Omar Faridi  |  

DeFiYield.app, a cross-chain decentralized security network and multi-chain digital asset management platform, announced that it has added Cardano-based DeFi protocols SundaeSwap and Minswap to its platform – “making it the first ever yield farming dashboard to integrate with the Cardano blockchain.” The new offering will… Read More

May 26, 2022 @ 9:37 pm By Omar Faridi  |  

Paystand, a key player in blockchain-powered B2B payments, and the maker of the fast-growing Payment SuiteApp for NetSuite AR, has announced new automatic billing and payment features “to provide a faster, simpler, and better customer and user experience.” The product offerings work with Paystand’s current… Read More

May 26, 2022 @ 7:34 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement criticizing the legislation that is making its way through the Senate that takes aim at big tech. Led by Senator Amy Klobuchar, the bill entitled the “American Innovation and Choice Online Act” appears… Read More

May 26, 2022 @ 6:55 pm By Omar Faridi  |  

Thanks to the integration, 1INCH holders will be able “to book millions of products on the leading crypto-friendly travel website.” In a move set to boost the 1INCH token adoption, the 1inch Network is pleased to announce a partnership with Travala.com, which claims to be… Read More

May 26, 2022 @ 6:52 pm By JD Alois  |  

Bitex has been purchased by Huobi Global, according to a company statement. Bitex is the first crypto exchange to operate in Latin America and currently has a presence in Argentina, Uruguay, Paraguay, and Chile. The terms of the deal were not disclosed. Huobi Group already… Read More

May 26, 2022 @ 6:30 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE and MoonPay, the international crypto payments infrastructure provider, has announced the integration of MoonPay’s services into the ZEBEDEE app for Bitcoin gaming, “allowing gamers to top up their Bitcoin balance with credit or debit cards without ever leaving ZEBEDEE.” The worlds of… Read More

May 26, 2022 @ 2:17 pm By Omar Faridi  |  

Viola Credit, a global alternative credit asset manager providing customized credit solutions to technology companies and Fintech lenders, announced the final closing of the Viola Credit Alternative Lending Income Fund II (ALF II) “with $700 million of investable capital including its flagship fund and related… Read More

May 26, 2022 @ 1:27 pm By Omar Faridi  |  

Rarible Protocol, the open source and multi-chain NFT protocol, is integrating with Immutable X’s Layer 2 (L2) scaling solution on Ethereum. This collaboration will “enable projects building upon the protocol to instantly trade high-quality gaming NFTs on Ethereum via Immutable X, without any gas fees… Read More

May 26, 2022 @ 12:27 pm By Omar Faridi  |  

Paddle, the complete payments infrastructure for SaaS companies, announced that it has acquired ProfitWell, the provider of subscription metrics and retention automation software. The deal – valued at more than $200 million in cash and equity – is “the next step in Paddle’s mission to… Read More

May 26, 2022 @ 12:25 pm By Omar Faridi  |  

Firework, the live-streaming commerce and digital transformation platform, has secured $150 million in Series B financing, “led by SoftBank Vision Fund 2.” The announcement comes as public sentiment towards Big Tech’s “walled-gardens” – the large, closed ecosystems typified by the likes of Facebook and Amazon… Read More