April 1, 2022 @ 8:19 am By Omar Faridi  |  

Yonder, a London-headquartered credit card Fintech catering to ex-pats in the United Kingdom, has opened up a waitlist for potential clients after emerging from stealth with a £20 million equity raise. Established by three Cleasrscore alumni, Yonder plans to address the problems ex-pats tend to… Read More

April 1, 2022 @ 8:07 am By Omar Faridi  |  

Millions of UK bank account holders are “putting themselves at a much greater risk” of fraud by ignoring warnings provided by the Confirmation of Payee (CoP) service. This, according to research by Lloyds Bank. When sending funds online to someone that hasn’t been paid before,… Read More

April 1, 2022 @ 8:05 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the international financial tech platform of choice for major businesses, has announced its expansion beyond payments in order to build embedded financial products. As noted in the update from Adyen, these products will “enable platforms and marketplaces to create tailored financial experiences… Read More

March 31, 2022 @ 10:46 pm By Omar Faridi  |  

FE fundinfo has confirmed that it acquired Funds360, the French fund data and solutions provider based in Fontainebleau and Paris, from Euronext. The transaction brings together FE fundinfo’s fund data and tech expertise in the United Kingdom, Continental Europe and Asia with Funds360’s complementary data-set… Read More

March 31, 2022 @ 9:47 pm By Tony Zerucha  |  

Asian BNPL platform Pace announced today that it had signed an agreement to acquire competitor Rely for an undisclosed sum. They will absorb all Rely personnel, who will work to transition Rely customers to the Pace platform. Rely was an early entrant in Singapore’s BNPL… Read More

March 31, 2022 @ 8:16 pm By Tony Zerucha  |  

I Hate Receipts (IHR) this week announced the launch of its Merchant Alliance Network which gives retailers, brands and technology partners the ability to provide item-level purchase details in a completely contactless receipt. By accessing I Hate Receipt’s newly launched SDK, alliance partners can now… Read More

March 31, 2022 @ 6:49 pm By Tony Zerucha  |  

Centre, a consortium founded by Circle Internet Financial and Coinbase to serve as a network governing and standard-setting body for blockchain-based financial services, has added Polygon, a leading full-stack scaling solution for the Ethereum blockchain, and Credix, the institutional private credit marketplace on Solana, to its list… Read More

March 31, 2022 @ 6:25 pm By Tony Zerucha  |  

Visa is launching a new venture designed to help creators produce their own NFTs. The Visa Creator Program aims to help digital-first artists, musicians, fashion designers, and filmmakers generate revenue with NFTs. Each cycle of the program will support a selected group of entrepreneurs looking to… Read More

March 31, 2022 @ 5:45 pm By Tony Zerucha  |  

Today, merchant commerce platform Pine Labs announced a $50 million investment from Vitruvian Partners, a London-headquartered international investment firm. Incorporated in Singapore, Pine Labs’ key investors include Sequoia India, Actis Capital, Temasek, PayPal and Mastercard. Pine Labs serves large, mid-sized and small merchants across India… Read More

March 31, 2022 @ 4:59 pm By Omar Faridi  |  

Crypto Raiders, a dungeon crawler role-playing game built on the blockchain that rewards players with NFTs, has announced $6 million in funding from DeFiance Capital and Delphi Digital which co-lead the round. GuildFi, Merit Circle, Three Arrows Capital, Yield Guild Games and others participated in… Read More

March 31, 2022 @ 3:58 pm By Omar Faridi  |  

The Polygon Network, a decentralized app (dApp) layer for Ethereum, has announced that “Polygon ID”, one of the first identity platforms powered by zero-knowledge (ZK) cryptography — privacy, and blockchain scaling technology, will be “ready before the year ends.” The blockchain-enabled ID for decentralized and… Read More

March 31, 2022 @ 2:52 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has posted a Staff Accounting Bulletin (SAB) expressing the view of the staff regarding the “accounting for obligations to safeguard crypto-assets an entity holds for platform users.” The SAB adds “interpretive guidance” regarding “obligations to safeguard crypto-assets held for… Read More

March 31, 2022 @ 2:39 pm By Omar Faridi  |  

Modern Treasury, a software platform that helps companies of all sizes move money with confidence, has announced a $50 million second close of its Series C round from SVB Capital and Salesforce Ventures, “following the $85 million first close announced in October.” Together this amounts… Read More

March 31, 2022 @ 2:37 pm By Tony Zerucha  |  

Colombian-based consumer and fintech company Leal has raised a $10 million Series A round co-led by Rakuten Group (through its investment arm Rakuten Capital) and IDC Ventures. This will enable the company to launch its co-branded credit card and scale its operation in Mexico. Latin American consumers lack access to… Read More

March 31, 2022 @ 2:33 pm By Omar Faridi  |  

Tricount, a “pioneer” in group expense management, Aion Bank, a European licensed digital bank and Vodeno, a Cloud-native Banking-as-a-Service (BaaS) provider, have teamed up to launch Tricount’s new service, which allows its users “to reimburse expenses in its app through a one-click bank transfer.” The… Read More

March 31, 2022 @ 2:27 pm By Omar Faridi  |  

eMoney Advisor, a provider of tech solutions and services that help people “talk about money,” has announced the availability of white-labeling “for its financial planning and wellness mobile application, Incentive.” The incentive is built, operated, and supported by eMoney, however, companies may provide their own… Read More

March 31, 2022 @ 11:54 am By JD Alois  |  

“We believe that the consumer banking system isn’t focused on improving its customers’ financial health. Traditional banks profit from getting you indebted and don’t offer you the freedom or advice to help organize and manage your money in a way that helps you.” Envel, an… Read More

March 31, 2022 @ 11:19 am By JD Alois  |  

Anchorage Digital, a regulated digital asset firm and the first digital asset bank, has been chosen as the core custodian for the Nasdaq Crypto Index (NCI), according to a company post. Anchorage states that it was selected due to its ability to manage billions of… Read More

March 31, 2022 @ 11:10 am By Omar Faridi  |  

Dapio, a UK-based firm that assists businesses with accepting contactless payments via their Android devices, has acquires $3.4 million in capital via a round that was co-led by payments firm Flutterwave and Techstars. Dapio, previously known as Paymob, aims to transform Android phones into payment… Read More

March 31, 2022 @ 11:08 am By Omar Faridi  |  

Mosaic, the “first” strategic finance platform, recently announced that it has raised $25 million in Series B financing. This brings its total funding to $46 million “in under 14 months,” the team at Mosaic confirmed while revealing that the investment round was led by Founders… Read More