April 10, 2022 @ 11:17 pm By Omar Faridi  |  

Seed Group, a subsidiary of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, recently entered a “strategic” alliance with PayCargo, a Florida-headquartered global logistics payment platform, in order “to bring its tried and tested payment technology to the UAE.” As noted in an… Read More

April 10, 2022 @ 10:52 pm By Omar Faridi  |  

Evvio, an “emerging” Fintech focused on next-gen digital commerce tech, recently announced the launch of Fluid CommerceTM. For e-commerce transactions, Fluid Commerce’s patented tech “eliminates the need for credit cards, bank accounts and third-party processors.” Fluid Commerce can be “used within and across e-commerce networks,… Read More

April 10, 2022 @ 10:51 pm By JD Alois  |  

Nexum Foundation and The Climate Group Africa aim to disrupt the shipping industry, according to a public release. Nexum Foundation has reportedly agreed to provide its technology platform to power a new carbon credits exchange using blockchain technology. In partnership with HBKDOP Dubai, UAE, and… Read More

April 10, 2022 @ 10:42 pm By Omar Faridi  |  

imagin, the digital services and lifestyle platform backed by CaixaBank, will be entering the Metaverse in the coming days “by way of imaginLAND.” The project will “enable the platform to launch and run initiatives in the virtual reality universe and will be available to its… Read More

April 10, 2022 @ 10:41 pm By Omar Faridi  |  

Volt, which claims to be the leading Open payments gateway, has recruited payments veteran Matt Komorowski as its Chief Revenue Officer . Matt joins Volt after nearly a decade with PayPal, where for the past three years he has “been leading the payments giant’s channel… Read More

April 10, 2022 @ 8:33 pm By Omar Faridi  |  

It only feels like “yesterday” when CertiK was announcing their B2 round of funding, where the firm had been valued at $1 billion. The blockchain-focused firm also mentioned that just 3 months later, here they are again, and now they are “a $2 billion company.”… Read More

April 10, 2022 @ 8:00 pm By Omar Faridi  |  

Arf, which claims to be the first compliant cross-border payment network running on stablecoins, has announced the upcoming launch of its product, Arf Credit. Arf Credit will offer “an instant working capital credit line for MSBs worldwide.: Traditionally, when a money service business (MSB) wants… Read More

April 10, 2022 @ 7:30 pm By Alexandr Khomich  |  

AI solutions development In the 21st century, artificial intelligence for business is like the invention of electricity over a century ago. Nowadays, AI technologies are also revolutionizing the work of all sectors of the economy. The main thing is to properly implement AI in your… Read More

April 10, 2022 @ 6:34 pm By Omar Faridi  |  

Strike, which claims to be the leading virtual payments platform built on Bitcoin’s Lightning Network, recently announced its integration with Shopify, unlocking the ability for eligible U.S. Shopify merchants “to receive bitcoin payments from customers globally as U.S. dollars.” Jack Mallers, founder and CEO of… Read More

April 10, 2022 @ 6:02 pm By JD Alois  |  

Even while the Chairman of the SEC pounds the enforcement drums on digital assets and the firms that trade, them venture capital funding in these firms continue to be robust. According to recent data from Pitchbook, 2021 was a blowout year as capital flowed into… Read More

April 10, 2022 @ 5:29 pm By Omar Faridi  |  

Generali Hong Kong and Hong Kong’s “No.1” virtual bank – ZA Bank recently announced the commencement of their bancassurance partnership. This partnership is “the first of its kind in Hong Kong between a well-established global insurer and a leading virtual bank in the city, with… Read More

April 10, 2022 @ 1:09 pm By Omar Faridi  |  

The HBAR Foundation, an organization that supports the development of the Hedera ecosystem by offering grants and various other resources, recently announced the launch of a $250 million Metaverse Fund “to onboard both consumer brands and their users to Hedera Hashgraph’s Metaverse ecosystem.” The Metaverse… Read More

April 9, 2022 @ 9:39 pm By Omar Faridi  |  

Tribal, a B2B payments and financing platform for emerging markets, has introduced Tribal Ventures, which is a new fund that will provide equity financing for early-stage Fintechs. The fund is specifically designed “to support projects that share Tribal’s mission to help SMBs thrive in emerging… Read More

April 9, 2022 @ 8:38 pm By Omar Faridi  |  

An aggressive recruitment market may hinder startups operating in Scotland’s fast-growing Fintech industry, according to Fintech sector professionals (from Origo). Supported by a £300 million UK Government investment this past August, Edinburgh’s Fintech sector consists of various financial services innovators, however, newcomers seeking out new… Read More

April 9, 2022 @ 6:37 pm By Omar Faridi  |  

Dublin-headquartered VC firm Delta Partners has confirmed the introduction of its new venture capital fund which will reportedly invest into various seed and early-stage tech  companies across Ireland. The new fund has reached an initial close with Bank of Ireland and Enterprise Ireland as key… Read More

April 9, 2022 @ 5:36 pm By Omar Faridi  |  

Compute North, which claims to be the leader in sustainable, large-scale computing infrastructure, has announced that construction is underway “to build a 300MW TIER 0™ data center next to the Wolf Hollow Generating Station in Granbury, Texas.” As covered, Compute North works with clients in… Read More

April 9, 2022 @ 5:00 pm By Omar Faridi  |  

Fintech firm RITMO has finalized a $200 million debt funding round, which was led by i80 Group and Avellinia Capital, making it one of the largest rounds of any digital commerce finance business in Europe and Latin America. The debt financing was reportedly offered by… Read More

April 9, 2022 @ 11:28 am By Omar Faridi  |  

We recently connected with Len Covello, the CTO at Engage People, the loyalty network that enables program members to pay with points (PwP) directly at checkout. Covello talked about the ongoing growth of the loyalty rewards landscape and the opportunity for retailers and financial institutions…. Read More

April 9, 2022 @ 11:25 am By Omar Faridi  |  

  Web3 connectivity startup GIANT Protocol, and Tango, the consumer brand of Proximus Luxembourg, recently announced a partnership “to bring blockchain benefits to customers worldwide.” Suruchi Gupta, founder and CEO of GIANT Protocol, which aims to decentralize and democratize access to internet and financial services… Read More

April 9, 2022 @ 9:26 am By Omar Faridi  |  

PXP Financial Inc., the US division of PXP Financial Ltd., a key player in global acquiring, payment, fraud and data analysis services, recently announced its launch in Canada. Ontario is the next major territory for sports betting since New Jersey became one of the first… Read More