March 29, 2022 @ 2:31 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) has announced a partnership with Bilt Rewards, the loyalty program for renters, and Mastercard (NYSE: MA), in order to become the “official” issuer for the Bilt Mastercard. The co-brand credit card allows members “to pay rent and earn points… Read More

March 29, 2022 @ 11:32 am By Omar Faridi  |  

Mettle, the NatWest-backed digital account for small businesses operating in the United Kingdom, has reported 500% customer growth since the beginning of last year, reaching 50,000 clients nationwide. Established back in 2018, the app-only banking service offers hard-pressed freelance workers, sole traders, and small business… Read More

March 29, 2022 @ 11:27 am By JD Alois  |  

Matugga Distillery, a Scottish Rum distillery, has surpassed its £300,000 funding target on Crowdcube in just two weeks, according to a note from the firm. Matugga Distillery is raising equity capital at a £1.252 million pre-money valuation. The offering which has captured 244 individual investors… Read More

March 29, 2022 @ 10:48 am By JD Alois  |  

Banked Ltd., a Fintech offering a payment method enabling users to pay directly from an existing mobile bank app, has been integrated into the leading investment crowdfunding platform Seedrs, according to a note from the company. Seedrs is now using Banked’s “Pay by Bank” technology…. Read More

March 29, 2022 @ 10:37 am By Omar Faridi  |  

Nordic Fintech challenger Lunar has reportedly made a cash offer valued at €132 million in order to acquire all outstanding shares of Norway’s virtual banking platform, Instabank. Established back in 2016, Instabank currently serves over 60,000 clients based in Norway, Finland and Germany with secured… Read More

March 29, 2022 @ 10:34 am By Omar Faridi  |  

CME Group, the leading derivatives marketplace, has introduced options on Micro Bitcoin and Micro Ether futures, further expanding its suite of virtual currency derivatives offerings. Tim McCourt, CME Group Global Head of Equity and FX Products, stated: “The launch of these micro-sized options builds on… Read More

March 29, 2022 @ 9:48 am By JD Alois  |  

As was recently reported, the European Parliament is poised to vote on regulation pertaining to the Transfer of Funds that will impact crypto-assets. The quote the European Commission: “The anonymity associated with crypto assets, as well as their speed and global reach bring obvious risks… Read More

March 29, 2022 @ 9:21 am By JD Alois  |  

Effectiv AI, a fraud and risk management Fintech, has announced a $4 million seed round led by Accel. REV (funded by RELX) and other angel investors participated in the funding round. Co-founded by ex-Simility executives which was acquired by PayPal in 2018, Effectiv seeks to… Read More

March 29, 2022 @ 8:30 am By Omar Faridi  |  

Jonah Schulman from Security Token Market, which is sharply focused on the blockchain-based security tokens sector, recently shared his views and insights exclusively with Crowdfund Insider. Jonah Schulman, the Head of Communications at Security Token Market, explained why blockchain or distributed ledger tech (DLT)-powered security… Read More

March 29, 2022 @ 8:15 am By JD Alois  |  

Berlin-based FUEL has announced that it has raised €1.5 million in pre-seed funding to create the “Shopify for NFTs,” according to a company statement. FUEL aims to empower creators to build an NFT shop that requires no coding knowledge. FUEL was co-founded by Csongor Barabasi,… Read More

March 29, 2022 @ 8:07 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on March 28, 2022 that sentiment “recovers” with record digital asset… Read More

March 29, 2022 @ 7:18 am By Omar Faridi  |  

Steven L. Schwarcz, a Stanley A. Star Distinguished Professor of Law & Business at Duke University School of Law, notes that in the paper, titled Next-Generation Securitization: NFTs, Tokenization, and the Monetization of ‘Things’ (forthcoming in the Boston University Law Review), he has looked at the surge… Read More

March 29, 2022 @ 1:18 am By Omar Faridi  |  

2021 was a “watershed” moment for the European technology startup ecosystem, according to an update from Capchase. More than $100 billion was invested in companies/businesses across the continent – “more than triple the amount in 2020.” This has put founders in a “rare” – and… Read More

March 29, 2022 @ 12:32 am By Omar Faridi  |  

Alloy, the identity decisioning platform for banks and Fintech firms, recently announced its partnership with Prove, a “phone-centric” digital identity provider, to enable financial institutions “to verify and authenticate their customers.” Alloy‘s identity decisioning platform “brings the many pieces of digital identity into a centralized… Read More

March 28, 2022 @ 11:45 pm By Omar Faridi  |  

Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a Fortune 500 company and one of Shanghai’s biggest state-backed enterprises focusing on real estate, infrastructure and finance, and the MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary… Read More

March 28, 2022 @ 11:29 pm By Omar Faridi  |  

Saudi Arabia is one of the most vibrant and dynamic nations. And as part of its Vision 2030 plan, the country’s government has “set ambitious goals to digitize and transform its economy.” At Checkout.com, they have the privilege of “being an active participant in accelerating… Read More

March 28, 2022 @ 10:34 pm By Omar Faridi  |  

Last year, Aventus Group companies operating in Kazakhstan “issued EUR 41.6 million in loans – 3.4 times more than in 2020.” At the end of 2021, Aventus Group’s total portfolio in Kazakhstan “amounted to EUR 14.2 million (the total portfolio grew 2.8 times compared with… Read More

March 28, 2022 @ 10:10 pm By Omar Faridi  |  

Codat has introduced Sync for Commerce. Sync for Commerce allows any commerce or payment platform “embed accounting automation seamlessly.” Codat‘s management notes that they are pleased to announce the launch of their latest product. As mentioned in the update, Sync for Commerce recently left its… Read More

March 28, 2022 @ 4:29 pm By JD Alois  |  

Senate Finance Committee Chairman Ron Wyden has issued a statement indicating he is investigating if crypto firms are using the Opportunity Zone program to “avoid taxes without significantly benefitting low-income communities.” Senator Wyden states that he has requested two crypto firms, Argo Blockchain (NASDAQ:ARBK) and… Read More

March 28, 2022 @ 4:05 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Robonomics (XRT). As noted in a blog post by Kraken, funding “is live, and trading will begin on March 24 at approximately 19:30 UTC.” You may “keep… Read More