April 14, 2022 @ 2:35 pm By Omar Faridi  |  

Brex, the firm that’s focused on reimagining finance for growing businesses, announced Brex Empower, a new software platform designed “to increase the speed of businesses by enabling a culture of trust and financial discipline.” Empower will serve as the foundation for all Brex products “moving… Read More

April 14, 2022 @ 12:03 pm By JD Alois  |  

It was reported recently that Zelle, a payments platform put together by really big banks, was mulling over whether or not to incorporate payments services at the point of sale. If you are into Fintech, or just a normal consumer, it is a no-brainer. But… Read More

April 14, 2022 @ 11:42 am By JD Alois  |  

Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), a non-custodial wallet, has announced that it now accepts fiat transfers from bank accounts to purchase cryptocurrency via its mobile app. Exodus is the first-ever issuer to raise the maximum amount allowable under the Reg A+ exemption. In… Read More

April 14, 2022 @ 11:28 am By JD Alois  |  

Yesterday, tZERO – a digital securities marketplace providing both primary issuance and secondary trading in securities, rang the NYSE opening bell. The Fintech was celebrating both the strategic investment by ICE (NYSE:ICE), the parent company of the NYSE, as well as the start of its… Read More

April 14, 2022 @ 10:36 am By Omar Faridi  |  

Fasset, an international digital asset gateway, has announced its entrance into the European Union after it secured a cryptocurrency authorization. With the authorization, Fasset will strengthen its global operations “to serve the growing digital asset sector in the EU market and beyond.” Fasset previously “secured… Read More

April 14, 2022 @ 10:34 am By Omar Faridi  |  

Recently, we connected with Abhishek Singh, the Co-founder and CEO of Comdex, a decentralized synthetics protocol working towards making global financing more accessible to the multitude. Developed on the Cosmos blockchain, the Comdex protocol is building solutions to democratize finance. They use synthetic assets to… Read More

April 14, 2022 @ 10:27 am By Omar Faridi  |  

London-based Clara, a legal OS offering an integrated set of self-service tools to help founders digitally form, manage and scale their startups, has announced that it has secured investment from The LegalTech Fund as the platform “emerges from its beta phase, taking its total seed… Read More

April 14, 2022 @ 8:49 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital financial services platforms globally, recently announced that it strengthened its international operations by obtaining a credit line of $650 million, which will be “invested in the Mexican and Colombian markets, where the company operates under the name… Read More

April 14, 2022 @ 8:42 am By Tony Zerucha  |  

The HBAR Foundation and Dropp, a digital micropayment transaction platform enabling payments both in FIAT ($USD) and cryptocurrency, today announced a grant that will help Dropp develop its business. “Dropp is a revolutionary technology that solves the incredibly large business problem of hefty fees associated with low-cost… Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

April 14, 2022 @ 7:35 am By Tony Zerucha  |  

Today, Web3 developer Ignite (formerly Tendermint) launched the Ignite Accelerator. The initiative will support and expand the next wave of early-stage startups in Web 3. Ignite Accelerator will focus on the multi-chain ecosystem, involving 11 investment partners, with a total initial fund of $150M. The… Read More

April 14, 2022 @ 7:20 am By JD Alois  |  

Elon Musk, the richest individual in the world, has filed a statement with the Securities and Exchange Commission indicating his intent to acquire Twitter (NYSE:TWTR). Shares jumped higher in early trading on the news. The Schedule 13D filing states: “On April 13, 2022, the Reporting… Read More

April 13, 2022 @ 11:15 pm By Tony Zerucha  |  

Wagestream, a financial wellbeing app, has raised a $175 million Series C funding round. The company was founded in 2018 by Peter Briffett (CEO), Portman Wills (CTO) and a group of financial charities to give people access to a set of fairer financial services, delivered… Read More

April 13, 2022 @ 10:37 pm By Tony Zerucha  |  

FLUID, a liquidity aggregator that uses AI quant-based models to tackle liquidity in virtual asset markets, has raised $10 million in funding led by blockchain investors GSR, Ghaf Capital, and 21Shares. The grant will aid the team in realizing their vision for connected liquidity, providing… Read More

April 13, 2022 @ 10:11 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Poshmark, a social marketplace for new and secondhand style, announced a 2-year extension and expansion of their partnership “to deliver increased payment flexibility to shoppers.” Poshmark was one of the… Read More

April 13, 2022 @ 9:10 pm By Omar Faridi  |  

IG Group (LON: IGG), an international Fintech which claims to be “at the forefront of online trading,” has announced that Joe (JJ) Kinahan has “been appointed to the newly created roles of VP and Chief Market Strategist of tastytrade.” As noted in an update shared… Read More

April 13, 2022 @ 9:08 pm By Omar Faridi  |  

Payaut, an automated payment solution for online platforms and marketplaces, has announced it has closed an €8 million seed round “led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobal and Entrée Capital.” Payaut, which provides a range of financial solutions… Read More

April 13, 2022 @ 9:05 pm By Omar Faridi  |  

Elwood Technologies, an established Fintech offering market access and workflow solutions to digital assets for institutional clients, recently announced the appointment of capital markets veteran, Brian Pomraning, “as its Global Head of Business Development.” In his role, Pomraning will be “responsible for leading Elwood’s global… Read More

April 13, 2022 @ 4:18 pm By Tony Zerucha  |  

PolySign has agreed to acquire MG Stover for a mix of cash and PolySign stock. MG Stover provides digital fund administration for a client base that collectively holds more than $40 billion in digital assets under administration. The acquisition of MG Stover’s fund service capabilities will enable… Read More

April 13, 2022 @ 4:16 pm By Omar Faridi  |  

Elpha Secure, a cybersecurity startup that offers cyber insurance combined with security software to small businesses, has chosen Socotra “to complement its proprietary technology and launch a new cyber insurance product for a variety of industries.” In order to bring its new product to market,… Read More