May 18, 2022 @ 5:47 pm By Omar Faridi  |  

Global white-labeled BNPL facilitator, Jifiti recently announced that David Chubak, former CEO of Citi Retail Banking in the US, has joined the firm’s Board of Directors. Chubak is one of the nation’s “most senior” retail bankers, having overseen Citi’s retail division that “operated 78 million… Read More

May 18, 2022 @ 2:39 pm By JD Alois  |  

NowRX, the largest securities crowdfunding campaign ever on SeedInvest will close within a few days. As has been previously reported, NowRX is an emerging Medtech firm that may be described as the Uber for prescriptions as it provides same-day delivery for pharmaceuticals prescribed by doctors…. Read More

May 18, 2022 @ 2:30 pm By JD Alois  |  

Revealed last week,  Anchorage, the first digital asset bank with a national bank charter, has announced “Capital Strategy” designed to connect crypto firms and financial institutions. The new services are described as a unique path for networking between establishment finance and emerging digital asset firms…. Read More

May 18, 2022 @ 12:03 pm By JD Alois  |  

SEC Chairman Gary Gensler testified in front of the Subcommittee on Financial Services and General Government, part of the House Appropriations Committee, to justify the agency’s budget request. As part of the questioning from various members, Gensler answered several questions which were crypto-related. Chairman Gensler… Read More

May 18, 2022 @ 11:41 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE:BIGG), owner of Blockchain Intelligence Group, a global cryptocurrency intelligence and compliance company, is pleased to announce “the appointment of Kenneth A. Goodwin, Jr. as the Director of Regulatory and Institutional Affairs.” Goodwin brings extensive experience in global banking and capital… Read More

May 18, 2022 @ 10:17 am By Omar Faridi  |  

Elwood Technologies, a platform providing “institutional-grade” access to digital asset markets and liquidity venues, recently announced it has “closed a $70 million Series A funding round.” The round was co-led by Europe‘s largest B2B investor Dawn Capital and global investment bank, Goldman Sachs. There was… Read More

May 18, 2022 @ 10:13 am By JD Alois  |  

Institutional digital asset trading platform Talos is going on a hiring spree after raising a solid $105 million Series B funding round. Last week, Talos announced that it had raised capital at a unicorn valuation of $1.25 billion. Big-name investors participated in the round with… Read More

May 18, 2022 @ 9:42 am By Omar Faridi  |  

Encode Club, a Web3 education community with focuses on blockchain education, talent sourcing and venture investing, has completed a $5 million funding round that was led by Lemniscap and Galaxy Digital (TSX: GLXY). The investment round included participation from Dragonfly Ventures, Folius Ventures, not3Lau Capital, Ascensive… Read More

May 18, 2022 @ 8:52 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the largest digital asset marketplace in the US, has announced it will slow its hiring process due to the “current market downtown.” The news should come as no surprise for Coinbase watchers as the crypto focused firm experienced hyperbolic growth that inevitably had… Read More

May 18, 2022 @ 8:29 am By JD Alois  |  

After a painful drop where Bitcoin crashed below $30K and many other cryptocurrencies chased it down, GlobalBlock (TSXV:BLOK) sees light at the end of the tunnel – at least for now. Marcus Sotiriou, Analyst for GlobalBlock, operating in the UK has distributed a comment on… Read More

May 18, 2022 @ 7:51 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, recently appointed Jonathan Sepulchre to serve as Head of Growth, a newly-created function “to drive the next stage of the company’s development.” An experienced “growth leader” with a comprehensive background in digital marketing, Jonathan will work closely… Read More

May 18, 2022 @ 7:48 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC) and client lifecycle management (CLM), recently announced the launch of FinCrime Risk. This application programming interface (API)-first software as a service (SaaS) solution will “allow financial institutions to centralize and automate risk assessment processes… Read More

May 18, 2022 @ 7:45 am By Omar Faridi  |  

Venture capital funding into Irish tech companies increased by 52% to €379.7 million in the first quarter of 2022, when compared to €249.4 million in same period last year, according to the Irish Venture Capital Association VenturePulse survey published recently in association with William Fry…. Read More

May 18, 2022 @ 5:21 am By Omar Faridi  |  

Mercer, an international leader in “redefining” the world of work, “reshaping” retirement and investment outcomes, and “unlocking real health” and well-being, and a business of Marsh McLennan (NYSE: MMC), has “named Max Messervy Head of Sustainable Investment (SI), Americas.” Max will work across Mercer’s Investment… Read More

May 18, 2022 @ 3:18 am By Omar Faridi  |  

Nahmii AS are pleased to confirm that they have been chosen to work with Norges Bank (the central bank of Norway) on their upcoming experimental CBDC (central bank digital currency) sandbox project. This “prestigious” award confirms Nahmii AS’s position as “a global leader in the… Read More

May 18, 2022 @ 2:04 am By Omar Faridi  |  

Mindtree (NSE: MINDTREE), a global tech services and digital transformation company, and Finastra, a financial technology provider, has announced a partnership to bring Finastra’s Fusion Payments To Go payments technology “to banks in the Nordics, the UK and Ireland, as a managed service.” As part… Read More

May 18, 2022 @ 1:38 am By Omar Faridi  |  

Banking Circle, the Payments Bank for the “new economy,” is reporting a “significant” uplift in its performance in 2021 as it continues “to help Payments businesses, Banks and Marketplaces access global cross-border payments, accounts and liquidity management that enables their business customers to transact more… Read More

May 18, 2022 @ 1:07 am By Omar Faridi  |  

Cryptix, the Fintech Web 3.0 venture builder, recently announced that it has received regulatory approval to launch Equito – which is described as “a fully regulated, all-in-one investor platform designed to unlock new financing channels for European start-ups and SMEs (small to medium sized enterprises).”… Read More

May 17, 2022 @ 11:56 pm By Omar Faridi  |  

Temenos AG (SIX: TEMN) recently announced the appointment of Roman Bartik as President Americas in order to accelerate and scale expansion in the region. Roman will be “responsible for all day-to-day operations, strategy and profitability in North and South America, effective immediately.” Roman joins the… Read More

May 17, 2022 @ 11:37 pm By Omar Faridi  |  

Experian, the global information services company, is pleased to confirm that it has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A., a Fintech in Brazil that helps equip any company, including non-banks, “with the expertise and technology to perform data-driven credit assessments of… Read More