April 6, 2022 @ 10:07 pm By Omar Faridi  |  

  CoinSmart Financial Inc., which claims to be one of Canada’s leading crypto-asset trading platforms, has announced its investment in NFT cross-bridge marketplace, Curate. The partnership agreement reportedly “includes an undisclosed investment from CoinSmart in Curate’s NFT Marketplace, with an option to acquire a majority… Read More

April 6, 2022 @ 9:07 pm By Omar Faridi  |  

Plinqit, the “only” savings platform of its kind that pays users for learning about personal finances, has appointed Peter Petras as VP, Sales & Partnerships. Petras’ addition “follows the company’s significant growth as consumer demand accelerates.” Petras joins Plinqit with more than 20 years of… Read More

April 6, 2022 @ 8:47 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced the introduction of the new PayPal Cashback credit card, “issued by Synchrony, which gives customers even more cash back when they shop with PayPal.” With the new card, customers earn “unlimited 3% cash back when paying with PayPal at checkout… Read More

April 6, 2022 @ 8:31 pm By Omar Faridi  |  

  Global Intelligent Automation company Laiye, serving 70% of the top 10 global Fortune 500 companies, has announced an offer to ensure businesses “make the leap to Intelligent Automation by committing to refunding 100% of the license cost if its solutions do not achieve the… Read More

April 6, 2022 @ 7:11 pm By Tony Zerucha  |  

Fidel API, a global financial infrastructure platform, today announced it has raised $65 million in Series B funding. The round was led by Bain Capital Ventures, with participation from existing investors including NYCA Partners and QED Investors. It brings Fidel API’s total funding to $88… Read More

April 6, 2022 @ 6:45 pm By JD Alois  |  

BlockFi will pay each US state $943,396.22 as part of a settlement alleging the offer and sales of unregistered securities. This is according to a note from the Ohio Division of Securities, that posted a consent order this week regarding the matter. In February, it… Read More

April 6, 2022 @ 5:48 pm By JD Alois  |  

The Republicans on the Senate Banking Committee have submitted draft legislation on the 10th Anniversary of the JOBS Act, called JOBS Act 4.0. The JOBS Act of 2012 was the law that created online capital formation or investment crowdfunding. Three exemptions were legalized that enabled… Read More

April 6, 2022 @ 4:35 pm By Omar Faridi  |  

GoDo, a Fintech firm offering same-day, no-fee advances to wage earners, has teamed up with Highnote, a modern card issuance platform, in order to create the GoDo Card, a new card program that provides underbanked workers immediate access “to interim wages with no-fee advances.” Powered… Read More

April 6, 2022 @ 3:23 pm By Tony Zerucha  |  

CAIS, an alternative investment platform, today announced a $100 million investment from Reverence Capital Partners. The raise is a continuation of the company’s $225 million round in January which was led by Apollo, Motive Partners, and Franklin Templeton. Following that round, CAIS’ enterprise valuation exceeded… Read More

April 6, 2022 @ 3:19 pm By Omar Faridi  |  

Eventus Systems, Inc., an international provider of multi-asset class trade surveillance and market risk solutions, has announced that Nick Wallis has just joined as MD for the Europe, EMEA region – “leading the fast-growing company’s sales efforts in the region.” Wallis has extensive experience “in… Read More

April 6, 2022 @ 3:15 pm By Tony Zerucha  |  

Bumped, a Fintech company whose technology provides fractional stock rewards — is launching a browser extension that helps consumers turn their everyday online shopping automatically into stock rewards. Through a partnership with loyalty fintech platform Wildfire, the Bumped Shopping Extension unlocks stock rewards from more… Read More

April 6, 2022 @ 12:07 pm By JD Alois  |  

Alchemy, a Fintech providing Lending as a Service, has announced an SaaS small business lending feature that fully automates commercial loans. In a release, Alchemy explains that they have spent years perfecting their automated application process, decision engine, and workflows that allow lenders to negotiate… Read More

April 6, 2022 @ 11:57 am By JD Alois  |  

Yesterday, the U.S. Department of the Treasury sanctioned dark web marketplace Hydra Market, labeling it a pernicious site for malicious cybercrime services, dangerous drugs, ransomware, and other illicit activity. Hydra Market is said to be based in Russia. Also sanctioned, Garantex is a crypto exchange… Read More

April 6, 2022 @ 11:35 am By Omar Faridi  |  

Singapore-headquartered fractional share trading Fintech Gotrade has secured $15.5 million via a Series A round that was led by Velocity Capital Fintech Ventures. MUFG, BeeNext, Kibo Ventures, Picus Capital, LocalGlobe, Social Leverage, and Raptor also joined GoTrade’s latest investment round. Established back in 2019, the… Read More

April 6, 2022 @ 11:01 am By JD Alois  |  

Last week, there was a vote at the European Parliament on crypto-assets that may have a dramatic impact on the digital asset industry. Members of European Parliament (MEPs) voted that, effectively, all crypto transfers must be tracked with buyer and seller information and made available… Read More

April 6, 2022 @ 10:17 am By Omar Faridi  |  

  FintechOS, an international tech provider for banks, insurers, credit unions and other financial services firms, and Salt Edge, a key player in offering open banking and secure customer authentication solutions, have entered a partnership “to provide innovative and secure technology services to joint clients… Read More

April 6, 2022 @ 10:00 am By JD Alois  |  

The European Digital Assets Exchange (EDSX) says it will become the first digital securities, or security token exchange, to operate in Switzerland. EDSX will offer both primary issuance as well as a secondary market in digital securities. Founded in 2019, EDSX states that it has… Read More

April 6, 2022 @ 9:19 am By JD Alois  |  

Binance.US, the USA-facing crypto marketplace owned by Binance Global, has raised a $200 million “seed round” at a valuation of $4.5 billion, according to a company statement. Binance.US said that investors included RRE Ventures, Foundation Capital, Original Capital, VanEck, Gaingels, Gold House, and Circle Ventures,… Read More

April 6, 2022 @ 9:01 am By JD Alois  |  

In a filing with the Securities and Exchange Commission (SEC) Block (NYSE:SQ), formerly Square, has acknowledged a breach of information that involved users which took place in December of last year. The company states that it is contacting around 8.2 million current and former customers… Read More

April 6, 2022 @ 8:44 am By Omar Faridi  |  

Lemon.markets, a Berlin-headquartered Fintech firm that helps companies embed trading services through APIs, has secured €15 million via a seed funding round that was co-led by Lakestar and Lightspeed. Creandum and System.one took part in the investment round, along with contributions from angels (like N26… Read More