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

April 8, 2022 @ 6:00 pm By JD Alois  |  

KingsCrowd, a Reg CF data platform, says retail investors support underserved segments – like women and minorities – around 10X more than venture capitialists. The information is part of the company’s 2021 Market Intelligence Report. KingsCrowd claims that startups with female founders received 19.3% of… Read More

April 8, 2022 @ 5:45 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, and CF Benchmarks, the provider of cryptocurrency benchmark indices, announced plans to introduce 11 new virtual currency reference rates and real-time indices, which will be “calculated and published daily by CF Benchmarks, beginning April 25.” These reference rates and indices… Read More

April 8, 2022 @ 5:39 pm By Omar Faridi  |  

PayRetailers, the LatAm Fintech payment specialist, has announced the acquisition of two online payments platforms, Chile’s Paygol and Colombia’s Pago Digital. The two acquisitions “strengthen PayRetailers’ breadth and depth as the company moves to realise the potential of e-commerce payments across Latin America.” Paygol and… Read More

April 8, 2022 @ 4:56 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) took a blow today during an overall challenging market session, as Goldman Sachs issued a downgrade from Neutral to Sell. Robinhood is a social trading platform allowing users to trade both traditional securities alongside crypto. Last week, Robinhood shared that its goal is… Read More

April 8, 2022 @ 1:43 pm By Omar Faridi  |  

  Adyen (AMS: ADYEN), the international Fintech platform of choice for major businesses, is working with Apple to provide Tap to Pay on iPhone for its US clients later in 2022. The solution “allows Adyen’s U.S. customers to use their iPhones to accept contactless payments,… Read More

April 8, 2022 @ 12:38 pm By Omar Faridi  |  

American Express (NYSE:AXP) and i2c Inc, a provider of virtual payment and banking tech, announced an expanded global, multi-product agreement that will enable Fintech firms and financial institutions around the world “to develop and scale innovative payments solutions for consumers and businesses on the American… Read More

April 8, 2022 @ 11:35 am By JD Alois  |  

Acting Comptroller of the Currency, Michael J. Hsu, has shared his thoughts on stablecoins and how they should be regulated. As the Biden Administration has messaged its intent to review digital assets as well as central bank digital currencies (CBDCs) and stablecoins, the most pressing… Read More

April 8, 2022 @ 9:33 am By JD Alois  |  

This week Jonny Price, Vice President of Fundraising at Wefunder – a top Reg CF funding portal operating in the US (and soon in Europe), pitched a rebranding of “equity crowdfunding” to “community round.” Price directed his opinion at Republic.     Yo @joinrepublic what… Read More

April 8, 2022 @ 9:18 am By JD Alois  |  

Nikulipe, a payments Fintech that aims to make it easier for fast-growing firms to streamline international payments, has enlisted iDenfy, a fraud prevention and digital identity verification business to help with proof of person, AML, and KYC.  iDenfy’s document verification service will support Nikulipe mission… Read More

April 8, 2022 @ 8:19 am By Omar Faridi  |  

Wealth managers may now introduce more of their end-investors to the world of private investments via a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices may also “take part in the space via a corporate service to diversify their portfolios… Read More

April 8, 2022 @ 8:13 am By Omar Faridi  |  

The Luna Foundation Guard (LFG), a recently formed non-profit to support decentralization, economic sovereignty, and foster the growth of the Terra ecosystem, “will add AVAX to its new UST Decentralized Forex Reserve.” By diversifying the base of non-correlated assets “to major assets like BTC and… Read More

April 8, 2022 @ 8:05 am By Omar Faridi  |  

Beginning on Wednesday (April 6, 2022), it will be possible for refugees who arrive in the Netherlands from Ukraine to “open a current account” with ABN AMRO (AMS: ABN) or another bank. Dutch organizations that offer current accounts are prepared “to handle large numbers of… Read More

April 7, 2022 @ 11:49 pm By Omar Faridi  |  

RockX, one of Asia’s largest crypto staking providers, announced the completion of its $6 million Series A funding round. The investment round was led by Amber Group, a global digital asset platform, and was joined by other prominent crypto industry leaders “including Matrixport, Primitive Ventures,… Read More

April 7, 2022 @ 10:47 pm By Omar Faridi  |  

At BITCOIN 2022, Nium, the global platform for modern money movement, introduced Crypto Accept, an API-based solution that “enables global businesses to accept crypto payments.” Nium Crypto Accept “supports Bitcoin (BTC) and Ethereum (ETH) payments at launch, with plans for more currencies in 2023.”: Online… Read More

April 7, 2022 @ 9:50 pm By Omar Faridi  |  

HYPR, The Passwordless Company, has announced another solid year with steady growth across annual recurring revenue (ARR), customer acquisition, workforce expansion and “overall company investment following its Series C $35 million financing.” During its fiscal year ending February 2022, HYPR “doubled its ARR and grew… Read More

April 7, 2022 @ 8:49 pm By Omar Faridi  |  

Uplinq Financial technologies has secured $3.5 million in a pre-seed funding round led by VC investors, N49P and Surface Ventures, alongside individual Fintech investors. The business will use the investment “to further its commitment to help banks and lenders deliver financial inclusion for their small… Read More

April 7, 2022 @ 8:48 pm By Omar Faridi  |  

WeLab, a pan-Asian fintech platform, announced the appointment of Bruno Lee as Advisor. Bruno held various management positions “in various large-scale multinational banks and financial institutions, in which he led the development of wealth management and asset management businesses across Asia.” With his extensive experience… Read More

April 7, 2022 @ 8:46 pm By Omar Faridi  |  

MX,  a key player in open finance, has announced that Kimberly Cassady has been named Chief People Officer, “reporting to Interim Chief Executive Officer and President Shane Evans.” With over 25 years of experience, Cassady will “serve on the company’s executive leadership team overseeing the… Read More

April 7, 2022 @ 7:00 pm By JD Alois  |  

The Republican Staff of the House Financial Services Committee has produced a report revisiting the JOBS Act of 2012 and the decade since the legislation became law.  Perhaps the best-known outcome of the legislation was to legalize online capital formation – or crowdfunding – but… Read More