March 22, 2022 @ 11:28 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services technology solutions, and MX, a financial data platform provider and a key player in modern connectivity, are accelerating the future of open finance “through secure, reliable consumer financial data sharing.” MX is reportedly… Read More

March 22, 2022 @ 11:01 pm By Omar Faridi  |  

iZUMi Finance, a DeFi protocol bringing programmable liquidity mining to Uniswap V3, is teaming up with the HOURAI NFT project to “imbue its upcoming NFTs with value from iZUMi’s DeFi derivatives.” Each holder of HOURAI NFTs, if whitelisted (mint price at 0.1 ETH), will be… Read More

March 22, 2022 @ 10:42 pm By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), a “pioneer” in Cloud banking and digital transformation solutions for the financial services sector, has solidified its presence in EMEA by opening entities in Spain and France “to advance digital transformation of financial institutions in the region.” The new business entities… Read More

March 22, 2022 @ 10:27 pm By Omar Faridi  |  

To properly address the stricter compliance rules resulting from extended sanctions and resulting increase in money laundering activity, ComplyAdvantage, an international data firm providing embedded counter risk intelligence to find, mitigate and stop financial crimes and Resistant AI, an AI and machine learning company providing… Read More

March 22, 2022 @ 10:25 pm By Tony Zerucha  |  

Helcim, a payments company catering to small businesses, this week announced it has closed its Series A funding. The round was led by Toronto-based venture capital firm Information Venture Partners and Aquiline Technology Growth. The round also included participation from Generational Platform Partners, Alberta-based Accelerate… Read More

March 22, 2022 @ 10:22 pm By Omar Faridi  |  

Finally, the Fintech startup whose goal is to help small businesses automate their accounting and finance functions, has announced a $95 million Series A, including equity and debt. The investment round has been led by PeakSpan Capital along with contributions from Active Capital, 500 FinTech,… Read More

March 22, 2022 @ 5:39 pm By Omar Faridi  |  

FreedomPay, a commerce platform, has announced a partnership with Sephora USA, Inc., the prestige beauty omni-retailer, in order to integrate FreedomPay’s data-driven commerce tech platform in Sephora’s 500+ stores across the Americas. Chris Kronenthal, President at FreedomPay, stated: “FreedomPay is proud to announce the agreement… Read More

March 22, 2022 @ 5:23 pm By JD Alois  |  

The House Committee on Financial Services has updated its schedule of hearings for the month of March. Next week, for Fintech insiders there will be several hearings of interest as follows: March 30 at 10:00 AM ET: The Task Force on Artificial Intelligence will convene… Read More

March 22, 2022 @ 5:10 pm By JD Alois  |  

Forge Global, a private securities marketplace serving accredited investors, listed its shares on the NYSE today as part of a SPAC deal. As was previously reported, Forge Global traded under the ticker FRGE. The listing was due to a combination with sponsor Motive Capital Corp. During… Read More

March 22, 2022 @ 4:51 pm By Tony Zerucha  |  

Galileo, a subsidiary of SoFi (NASDAQ: SOFI), today announced its recent expansion into Colombia. The company currently provides services in Colombia where it can partner with issuers, banks, e-commerce, and Fintechs to enable its digital financial services offerings. Since Galileo’s arrival in Mexico in 2020, it has… Read More

March 22, 2022 @ 4:46 pm By Tony Zerucha  |  

Fishtail announced today it has raised $4.5 million in seed funding, led by Thursday Ventures, with participation from Rackhouse Ventures, Amara Ventures, and project44 CEO Jett McCandless and chief growth officer Jason Duboe. “Trade finance has been an under-invested asset class for far too long,” said Fishtail CEO Marc Held…. Read More

March 22, 2022 @ 4:38 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE recently announced a new integration with Bipa, a Bitcoin Lightning exchange service for the Brazilian markets. The integration makes converting Bitcoin earned in games into Brazilian reals and moving it into a Brazilian bank account “literally a matter of seconds.” It is… Read More

March 22, 2022 @ 1:22 pm By Jamie Finn  |  

One of the biggest challenges founders and CEOs of startups face is funding: courting angels and VCs, pitch decks, travel, and meetings, getting ghosted, negotiating and swallowing unreasonable terms, eroding control–all at the expense of actually running and growing the business. When you hear the… Read More

March 22, 2022 @ 1:10 pm By Tony Zerucha  |  

Reigo Investments, a global financial real estate technology company, today announced it has closed a $100 million securitization of residential bridge loans led by Cantor Fitzgerald. The transaction marks the company’s second securitization completed since June 2021- a figure it has now doubled to $200… Read More

March 22, 2022 @ 11:45 am By Omar Faridi  |  

Just when you thought their open-sourced ShapeShift V2 platform was sounding like a “one-stop-shop” solution for your cryptocurrency requirements, the team at ShapeShift claims that they have made further enhancements with the integration of the Gem on- and off-ramp embedded user interface. This will allow… Read More

March 22, 2022 @ 11:40 am By JD Alois  |  

Equiduct, a pan-European securities exchange serving both individuals as well as institutions, has appointed a new Chief Financial Officer. According to a statement by the company,  Stephen Jarvis has been appointed as CFO joining the company at a “crucial moment in their growth trajectory.” According… Read More

March 22, 2022 @ 10:24 am By Omar Faridi  |  

Fintech firm Play2Pay has entered a 5,200-square-foot lease at Wynwood Annex, which is home to various other prominent technology firms. Established in 2014, the firm provides clients with ways to lower their bills by playing games, watching engaging videos and responding to surveys. The Fintech… Read More

March 22, 2022 @ 10:14 am By JD Alois  |  

Forge Global begins trading on the New York Stock Exchange (NYSE) today under the ticker FRGE. The public listing is following the completion of a SPAC deal with Motive Capital Corp. Financial Technology Partners and FTP Securities (FT Partners) served as financial advisors to Forge… Read More

March 22, 2022 @ 9:48 am By JD Alois  |  

MindWise, a fraud prevention provider is raising capital on MicroVentures in a Reg CF offering available to all investors. As you know, fraud is everywhere these days. The digitization of just about all commerce and financial transactions has created a huge opportunity for crooks looking… Read More

March 22, 2022 @ 9:25 am By Omar Faridi  |  

The team at BitOoda notes that their current target Hashrate (the amount of computing power securing the Bitcoin network) analysis calls for “a back-end loaded growth in network Hashrate to 327EH/s by the end of 2022.” BitOoda writes in a blog post that the longer-term… Read More