March 23, 2022 @ 2:47 pm By Omar Faridi  |  

Oppenheimer & Co. Inc., an investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – has announced the launch of the Investor Gateway, an interconnected and “intuitive” wealth management tech platform. As mentioned in the update, Oppenheimer completed the buildout of the… Read More

March 23, 2022 @ 2:45 pm By Tony Zerucha  |  

BridgeTower Capital is partnering with Securitize, a provider of digital assets securities, to launch the BridgeTower Global Platform offering for Permissioned Markets. BridgeTower is also launching a staked digital asset security (SDAS) that will run in an Avalanche subnet. Investors need to create a Securitize iD,… Read More

March 23, 2022 @ 2:43 pm By Omar Faridi  |  

When one of the most prominent firms, Andreessen Horowitz, proclaimed in January 2020 that “every company will be a fintech company”, it “spurred a big debate,” according to the team at UK’s MarketFinance. How much should software platforms “build their own solutions, versus embedding third… Read More

March 23, 2022 @ 2:40 pm By Tony Zerucha  |  

Rocket Dollar, an investment platform allowing individuals to invest in alternative assets, unveiled a rearchitected API-enabled platform as it tops $650 million of assets. Mike Panzarella, who was most recently Block’s (previously known as Square) deposit operations lead, will serve as Rocket Dollar’s chief technology… Read More

March 23, 2022 @ 11:52 am By Omar Faridi  |  

The foundation of the COTI ecosystem fund, COTI Ventures, has been officially announced. The fund aims to invest in and capitalize on the “upside opportunity” in the COTI ecosystem, by securing an initial budget of $10M, which will be used “to invest in equity, tokens… Read More

March 23, 2022 @ 11:44 am By JD Alois  |  

FarmTogether, an investment crowdfunding platform allowing smaller investors to invest in farms, has announced a new Sustainable Farmland Fund. FarmTogether, which reports approximately $175 million in assets under management (AUM) says the new Fund will further its mission to the asset class for all investors… Read More

March 23, 2022 @ 11:31 am By Omar Faridi  |  

Coinbase Cloud currently offers Web 3.0 APIs, services, and infrastructure ‘to power the next generation of software builders.” As part of Coinbase‘s vision to empower developers building the future of web3, they are launching “a suite of blockchain infrastructure solutions and services for the growing… Read More

March 23, 2022 @ 10:49 am By JD Alois  |  

Property investment platform CrowdProperty reports that it has just completed the financing of a development projection Somerset to the tune of £9.05 million. According to an email, the project includes the construction of 69 dwellings, of which 35% will be affordable housing, on a 5.04… Read More

March 23, 2022 @ 9:36 am By JD Alois  |  

Apple (NASDAQ:AAPL), the largest company in the world by market cap, has acquired UK open banking firm Credit Kudos, according to multiple reports. Credit Kudos was apparently purchased for $150 million after putting itself up for sale earlier this year. While neither Credit Kudos nor… Read More

March 23, 2022 @ 8:48 am By Omar Faridi  |  

For the first time in “a long time,” loan investments with mid-teen interest rates (in EUR) are being offered on Mintos – with over €10 million of loan investments “added at 13%+ in the past 2 weeks.” Higher interest rates are “being offered by multiple… Read More

March 23, 2022 @ 8:40 am By Omar Faridi  |  

The team at digital assets firm Kraken is pleased to welcome Carrie Dolan, who is a recognized financial services veteran ‘in high-growth consumer Fintechs and Fortune 500 companies, as Kraken’s newly appointed Chief Financial Officer (CFO).” Carrie will be expected to serve a key role… Read More

March 23, 2022 @ 8:04 am By Omar Faridi  |  

The Lemonade Foundation, the nonprofit founded by Lemonade to “effect exponential social and environmental impact” via technology, has announced the “formation of the Lemonade Crypto Climate Coalition.” The coalition is being “constituted as a Decentralized Autonomous Organization (DAO), dedicated to building and distributing at-cost, instantaneous,… Read More

March 23, 2022 @ 8:03 am By Omar Faridi  |  

Katie Haun, a former federal prosecutor, is currently focused on cryptocurrency investing. Her VC company has acquired $1.5 billion in capital. Haun Ventures confirmed the launch of a $500 million early-stage fund and another $1 billion in funding for more established firms that are focused… Read More

March 23, 2022 @ 2:39 am By Tony Zerucha  |  

Capitolis today announced it has raised a $110 million Series D at a $1.6 billion valuation. The fundraise is ed by Canapi Ventures, 9Yards Capital, and SVB Capital. Existing investors in Capitolis include a16z, Index Ventures, Sequoia Capital, S Capital, Spark Capital, Citi, State Street… Read More

March 23, 2022 @ 2:33 am By Tony Zerucha  |  

OnCorps, a provider of artificial intelligence to financial services operations, this week announced the close of a Series B investment round led by Guggenheim Investments. Guggenheim Investments is the global asset investment and advisory arm of Guggenheim Partners. The company today also announced that Jay Hooley,… Read More

March 23, 2022 @ 1:18 am By Omar Faridi  |  

The Nordic-based payment service provider Avarda has reportedly chosen European open banking provider Aiia, a Mastercard company, in order to support open banking payments via its white-label payment solutions for an extensive range of retailers and merchants. Supported by the Mastercard global Open Banking platform,… Read More

March 23, 2022 @ 1:17 am By Tony Zerucha  |  

  Sellsy, a French provider of all-in-one CRM and financial management system (FMS) software solutions for SMEs, today announced the acquisition of RocketChart, strengthening its existing offering with the addition of a cash management solution. The company said this investment is the first step in… Read More

March 23, 2022 @ 12:32 am By Tony Zerucha  |  

Upshot, a blockchain-based protocol providing NFT appraisals, today announced a $22 million Series A2 funding round led by Polychain Capital. Polychain joins previous investors Framework Ventures, CoinFund, Blockchain Capital, Slow Ventures, Mechanism Capital, and Delphi Digital, among others. The company plans to use the funds… Read More

March 23, 2022 @ 12:22 am By Omar Faridi  |  

Worldline [Euronext: WLN], an international provider of payments services, has entered a partnership with Mainsys Financial Software, a Belgian IT firm that provides comprehensive banking solutions. The joint solution has been recently introduced “to manage co-badged Visa Debit-Bancontact cards.” Worldline recently presented its new strategic… Read More

March 22, 2022 @ 11:47 pm By Tony Zerucha  |  

Saphyre, a Fintech company that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, this week confirmed its Series A round of $18.7 million, led by HCAP Partners, with J.P. Morgan and BNP Paribas participating in the round. Terms of the… Read More