April 19, 2022 @ 2:25 am By Omar Faridi  |  

With mobile wallet transactions expected to surge to $708 billion in Europe by 2025, we may  need to simplify the payments process, according to VitraCash. The Fintech firm has launched a smart debit card & app that “selects the best card for every transaction.” With… Read More

April 19, 2022 @ 2:07 am By Omar Faridi  |  

At the end of February, Debitum had introduced Asset-Backed Securities and by doing so, they reportedly became the first platform in all of Europe that has “managed to offer this kind of financial instrument to the retail market.” Therefore, the Debitum team will represent their… Read More

April 19, 2022 @ 1:24 am By Omar Faridi  |  

SpaceBands, which creates software and wearable technology that aims “to make workplaces safer,” has acquired 61% (£153,078) of its £250,000 target from 58 investors (at the time of writing) with 26 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Here are the business… Read More

April 19, 2022 @ 12:21 am By Omar Faridi  |  

beqom, which claims to be leader in Cloud-based compensation management software, recently announced a $300 million strategic investment from Sumeru Equity Partners. beqom’s platform is used “to streamline compensation management processes for Global 5000 customers, supporting mission-critical rewards processes that impact every employee in an… Read More

April 18, 2022 @ 11:22 pm By Omar Faridi  |  

Kpler, a provider of technology-led data, analytics, and market insight, recently announced it has agreed on a “strategic” growth investment led by Five Arrows and Insight Partners. The two firms will “invest over $200 million in Kpler, representing a minority stake in the company.” The… Read More

April 18, 2022 @ 11:02 pm By JD Alois  |  

The University of South Florida announced a $14 million donation today from Kate Tiedemann and Ellen Cotton. The gift is to be used to create a Fintech “hub of excellence” at USF Muma College of Business. Tiedemann and Cotton said about the gift: “It brings… Read More

April 18, 2022 @ 10:47 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE and mobile gaming studio Fumb Games recently announced the release of Bitcoin Miner, which is “an idle mobile game that pays players real Bitcoin for managing a simulated crypto mining business.” The game represents “an interesting fusion of gaming and Fintech, as… Read More

April 18, 2022 @ 10:42 pm By JD Alois  |  

Thunes has purchased a majority stake in Tookitaki Holding Pte Ltd. According to a statement from Thunes, the company invested over $20 million Thunes is a Singapore-based payments Fintech. Tookitaki is a compliance firm providing anti-money laundering (AML) and know your customer (KYC) services, as… Read More

April 18, 2022 @ 10:11 pm By Omar Faridi  |  

The Aventus Network – the “full service” enterprise blockchain solution that brings scalability, speed, lower costs and interoperability to blockchain transactions – has announced that its native utility token AVT has been listed on international cryptocurrency exchange, Gate.io. This is the third listing on an… Read More

April 18, 2022 @ 8:01 pm By Omar Faridi  |  

Tech sometimes moves at “a dizzying pace.” When it comes to innovation in financial activities, often referred to as Fintech, the world is “seeing major advances,” according to an update from the IMF. For banks, Fintech “disrupts” core financial services and “pushes them to innovate… Read More

April 18, 2022 @ 7:56 pm By JD Alois  |  

MetaMask, a popular crypto wallet that is reportedly used by more than 21 million individuals, has posted a series of Tweets cautioning customers about iCloud and phishing attempts that could put funds at risk. MetaMask emerged as a popular crypto wallet as it first launched… Read More

April 18, 2022 @ 7:34 pm By Omar Faridi  |  

Obsidian Security, which claims to be the leader in SaaS Security and Posture Management (SSPM), recently announced $90 million in Series C financing “led by Menlo Ventures, Norwest Venture Partners and IVP, with participation from existing investors Greylock, Wing and GV.” Obsidian, which has now… Read More

April 18, 2022 @ 5:53 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) recently announced that it has begun working with Capital Group on “servicing of the investment management firm’s first actively managed exchange traded funds (ETF) that launched in February 2022.” As part of the appointment, State Street is “providing ETF basket… Read More

April 18, 2022 @ 5:52 pm By JD Alois  |  

Crowdfund Insider last reported on the growth of FINRA-regulated Funding Portals at the beginning of 2022. A Funding Portal is a new entity created by the JOBS Act of 2021 designed to issue securities under the Reg CF (Regulation Crowdfunding) – a securities exemption created… Read More

April 18, 2022 @ 3:46 pm By JD Alois  |  

Stablecoin project Beanstalk has been the target of an attack that reportedly has seen over $180 million pilfered. In a tweet yesterday, Beanstalk said they had “suffered an exploit” without providing too many details. Beanstalk suffered an exploit today. The Beanstalk Farms team is investigating… Read More

April 18, 2022 @ 2:14 pm By Omar Faridi  |  

CatapultX, the creator of the AI-powered On-Stream advertising and monetization platform, recently announced a “multimillion” dollar raise by the company and 1083 YoY% increase in revenue has “led to the ability to bring in top tier talent across the organization, including the appointment of four… Read More

April 18, 2022 @ 12:00 pm By Omar Faridi  |  

Arweave, a “decentralized” solution for archiving data using a blockchain-like “blockweave” and a proof-of-access consensus mechanism, has expanded to Avalanche. Now, Avalanche users can “utilize Arweave to store records, files, metadata, and other data.” Arweave strives “to store data cheaply and immutably for at least… Read More

April 18, 2022 @ 10:32 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Blockchain Intelligence Group, an international cryptocurrency compliance and intelligence company, recently announced a partnership with AlphaPoint, a white-label software company “powering digital asset exchanges worldwide.” Blockchain Intelligence Group provides AlphaPoint clients “a tool for fast, easy and… Read More

April 18, 2022 @ 9:31 am By JD Alois  |  

WonderFi  (NEO:WNDR; OTC:WONDF) has entered into an agreement to purchase Coinberry, a Canadian digital asset exchange that is regulated and compliant. WonderFi recently acquired Bitbuy – another crypto platform operating in Canada. Coinberry is one of just a handful of compliant crypto marketplaces operating in… Read More

April 18, 2022 @ 8:12 am By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, and VTEX, a digital commerce platform for large firms and retailers, has announced a partnership aimed at “broadening cross-border payments for Brazilian e-commerce companies in Latin America.” Via this collaboration, Brazilian firms will be able to enjoy… Read More