May 26, 2022 @ 11:36 am By JD Alois  |  

CRIF, a provider of credit information in Europe, has partnered with invoice financing provider Penny to allow UK SMEs to have their invoices paid instantly, according to a company statement. The new partnership combines Penny’s instant payment services with CRIF’s credit scoring solution. The companies… Read More

May 26, 2022 @ 11:24 am By Omar Faridi  |  

Doppel, a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, recently announced the close of a $5 million seed investment round led by FTX Ventures. Additional participants in the seed round reportedly “include Solana Ventures, Polygon Studios, OpenSea Ventures, Dapper Labs, SV Angel,… Read More

May 26, 2022 @ 11:20 am By JD Alois  |  

BitMEX, perhaps best known for its leverage crypto derivative trading, recently launched its spot trading platform to enter a new line of business. In a company statement today, BitMEX shares that ten days after spot trading went live it has topped $24 million in daily… Read More

May 26, 2022 @ 10:22 am By Omar Faridi  |  

Blockchain Intelligence Group, a global cryptocurrency compliance and intelligence company, owned by BIGG Digital Assets Inc. (CSE: BIGG), announces full support for both the Dash and Dogecoin cryptocurrencies “in its data tools ecosystem.” Exchanges, banks and law enforcement now can “track and trace, and risk… Read More

May 26, 2022 @ 8:22 am By Omar Faridi  |  

Weave (NYSE: WEAV), the “all-in-one” customer communication platform for small business, has signed a multi-year integration partnership with Sunbit, the Buy Now, Pay Later (BNPL) technology “for everyday needs and services.” Sunbit’s technology will “power Buy Now, Pay Later solutions for healthcare practices across the… Read More

May 26, 2022 @ 7:50 am By JD Alois  |  

Below is the prepared statement issued by Fed Vice Chair Lael Brainard published in advance of the House Committee on Financial Services hearing scheduled for later today. As was previously reported, Brainard will review the topic of Central Bank Digital Currencies (CBDCs) and the potential… Read More

May 26, 2022 @ 7:36 am By JD Alois  |  

Lael Brainard, the Vice-Chair of the Board of Governors at the US Federal Reserve, will testify today at the House Committee on Financial Services on the hot topic of Central Bank Digital Currencies (CBDCs). The Fed is currently researching the viability of a digital dollar… Read More

May 26, 2022 @ 7:12 am By Omar Faridi  |  

  London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has “outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the COVID period.” As noted in an update shared with CI, its Digital Asset Arbitrage Fund had… Read More

May 26, 2022 @ 7:10 am By JD Alois  |  

  In a dear team email, Maju Kuruvilla, CEO of Bolt, announced the company would be reducing the size of its workforce. Kuruvilla has only been CEO of Bolt for a few short months having taken over company leadership in February 2022. Prior to that,… Read More

May 26, 2022 @ 6:46 am By Omar Faridi  |  

Fintech firm Stripe has reportedly opened an App Marketplace that’s currently housing up to 50 third-party business apps from vendors such as DocuSign, Dropbox, Intercom, Mailchimp, Ramp, and Xero. As mentioned in the announcement, Stripe Apps aims to make it possible for businesses to customize… Read More

May 26, 2022 @ 6:38 am By Omar Faridi  |  

New Zealand’s Buy Now Pay Later (BNPL) service provider Laybuy recently revealed that it has appointed risk management professional Jamie Byles as its Chief Risk Officer (CRO). In this position, which is reportedly a part of Laybuy’s senior leadership team and based in London, Jamie… Read More

May 26, 2022 @ 6:36 am By Omar Faridi  |  

Fintech firm Revolut is now entering the fast-growing spend management sector with a new in-app product that allows companies to issue payment cards with a quick tap and set up time and category-based spending limits. After the roll-out of Payroll for UK clients this February… Read More

May 26, 2022 @ 3:07 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has announced the launch of Zumo Enterprise, its new B2B ‘Crypto-as-a-Service’ solution that “enables companies to offer crypto products and services to their customers.” The “first of its kind” in the UK, Zumo Enterprise is “the market’s… Read More

May 26, 2022 @ 2:26 am By Omar Faridi  |  

AssetTribe announces the launch of its digital platform, connecting investors “to a broad and diverse range of alternative assets, opening up this interesting and important asset class especially during these turbulent times of high inflation and uncertain stock markets.” AssetTribe is an investment community aiming… Read More

May 26, 2022 @ 1:24 am By Omar Faridi  |  

RELAI, the savings and investment app, has secured €2,159,470 in capital as part of its latest funding round. After a strong private phase, which saw €1.2m invested by the likes of Redalpine, “more than 850 investors have joined the table, contributing an additional €970,000, surpassing… Read More

May 26, 2022 @ 12:28 am By Omar Faridi  |  

International Insurtech, bolttech, has announced its partnership with one of Vietnam’s telecommunications network operators, Viettel Telecom. The partnership launches an insurance offering, “powered by bolttech’s insurance exchange platform, on Viettel’s customer app MyViettel with products including health, travel, home, car, and motorbike.” bolttech has cooperated… Read More

May 25, 2022 @ 11:23 pm By Omar Faridi  |  

Clear Street, a Fintech building better access to capital markets, announced the completion of a $165 million Series B round “to accelerate launching its platform.” The investment round was led by Prysm Capital, LLC, a growth equity firm that partners with disruptive companies in the… Read More

May 25, 2022 @ 10:22 pm By Omar Faridi  |  

Nova Credit, the Fintech unlocking opportunities for mainstream and credit-excluded consumers and the companies looking to serve them, announced a partnership with Alloy, the identity decisioning platform for banks and fintech companies. The partnership will “combine Alloy’s Identity Decisioning Platform and Nova Credit’s global credit… Read More

May 25, 2022 @ 10:19 pm By Omar Faridi  |  

Babel Finance, the wholesale crypto financial services provider, recently announced the completion of a $80 million Series B financing round “at a valuation of $2 billion.” The main investors in this investment round “include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly… Read More

May 25, 2022 @ 6:43 pm By Omar Faridi  |  

SaaSOptics and Chargify (becoming Maxio), the providers of billing and financial operations solutions for “high growth” subscription businesses, recently announced the release of their integrated billing and financial operations platform. The platform aims to combine “the strengths of Chargify and SaaSOptics and allows users to… Read More