March 20, 2022 @ 8:55 pm By Omar Faridi  |  

Payrails, an operating system for payments and financial services, recently announced that it has secured $6.4 million in seed funding in order to launch its next-gen financial operations (FinOps) platform. The firm’s investment round was reportedly led by Andreessen Horowitz with HV Capital, Delivery Hero… Read More

March 20, 2022 @ 7:04 pm By JD Alois  |  

In the early days of the Russian invasion, the Ukrainian government, along with other charities and independent media, leveraged cryptocurrency to expedite transfers of money in the form of donations. By accepting crypto, Ukraine benefits from the speed of transfer – instantaneous – and the… Read More

March 20, 2022 @ 6:42 pm By Omar Faridi  |  

Capdesk, an equity management platform, recently announced an alliance with Fidelity, one of the world’s leading investment management services. It means that, in an “industry-first,” growing European companies will be “able to efficiently transition their employee share plans from private to public markets.” Analysis of… Read More

March 20, 2022 @ 6:39 pm By JD Alois  |  

This past week, StartEngine – one of the largest securities crowdfunding platforms in the US, returned to its own platform to raise more growth capital. According to the offering page, StartEngine is seeking up to $46 million at a valuation of $1.32 billion. The Reg… Read More

March 20, 2022 @ 3:52 pm By Omar Faridi  |  

The team at Gemini is pleased to announce support for ApeCoin (APE). ApeCoin or APE tokens are trading at $11.52 with a market cap of over $1.5 billion at the time of writing (according to CoinGecko data). ApeCoin (APE) is currently available for trading on… Read More

March 20, 2022 @ 3:39 pm By Omar Faridi  |  

Egypt’s largest national banking institutions – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, an MEA-focused VC firm – announced the launch of Nclude by Global Ventures, “following approval by the Central Bank of Egypt (CBE).” This “unprecedented” step… Read More

March 20, 2022 @ 3:38 pm By Omar Faridi  |  

London-headquartered Fintech firm Zilch reports steady growth, indicating that clients are responding to the company’s ongoing efforts to offer what CEO Philip Belamant describes as the “the democratization of free credit.” In November of last year, Zilch had been valued at around $2 billion only… Read More

March 20, 2022 @ 3:36 pm By Omar Faridi  |  

Novel Capital, a Fintech firm helping businesses accelerate growth, came out of stealth with $115M in initial equity and debt funding. Via its online platform, Novel Capital offers “an alternative funding method to entrepreneurs that is simpler and less risky than bank debt and does… Read More

March 20, 2022 @ 3:31 pm By Omar Faridi  |  

Regtech company Tintra PLC has confirmed the development of what is considered to be one of the first Web 3.0 banking platforms. The new Web 3.0-focused platform will aim to expand Tintra’s technological capabilities with the upcoming launch of a fully functional Metaverse bank. Although… Read More

March 19, 2022 @ 6:51 pm By Omar Faridi  |  

Aazzur has reportedly agreed to a sales partnership with European Banking-as-a-Service (BaaS) platform Treezor in order to allow both companies to expand their customer base and strengthen their BaaS offering. Treezor will offer its regulatory and technical expertise by providing its payment infrastructure for account… Read More

March 19, 2022 @ 12:37 pm By Omar Faridi  |  

Versana recently revealed its plans to introduce an industry-backed syndicated loan platform, joining together banking institutions, various lenders and their service providers “to bring transparency, efficiency and velocity to this $5 trillion market.” Versana’s founding members “are J.P. Morgan, Bank of America, Citi and Credit… Read More

March 19, 2022 @ 12:03 pm By Omar Faridi  |  

CoinRoutes, an algorithmic trading platform for digital assets, has finalized a $16 million Series B round, which was led by Ayon Capital. The CIO for Ayon Capital, Rahul Pagidipati, Co-CEO of Zebpay and Board Member for Brave Browser, will join the CoinRoutes Board. This latest… Read More

March 19, 2022 @ 11:55 am By JD Alois  |  

Boost has announced that its “maiden tranche” of Senior Class A Medium Term Notes (MTN) has been rated A1 by Malaysia-based, RAM Rating Services Berhad (RAM Ratings). Boost states that it is now the first fully digital regional financier to receive an investment-grade A1 rating… Read More

March 19, 2022 @ 11:44 am By Omar Faridi  |  

Allica Bank has reportedly secured more than £1 billion in total deposits from businesses as well as individual savers. The key milestone comes after Allica Bank had preformed considerable work to further diversify its deposit-acquring channels. Along with introducing its range of personal and business… Read More

March 19, 2022 @ 11:17 am By JD Alois  |  

The Securities and Exchange Commission‘s (SEC)  41st Annual Government-Business Forum on Small Business Capital Formation will take place as a virtual gathering once again. Pre-covid, the event was held in person either in Washington, DC or at another venue around the US. For this year’s… Read More

March 19, 2022 @ 11:02 am By Tony Zerucha  |  

Singapore Japan Mobile Labs, a new venture focused on Fintech innovation in the Japanese market, has raised a US$ 2.85 million seed round, the group announced this week. The round was led by Saison Capital with additional participation from Apis Insurtech Fund I and Anthemis… Read More

March 19, 2022 @ 10:58 am By Xu Gao  |  

Shanghai Data Exchange Launches Recruitment Campaign in the Metaverse From March 7th to 14th, Shanghai Data Exchange (SDE) launched a recruitment campaign in a metaverse style, which was the first recruitment event since its establishment in November 2021. SDE is expected to recruit globally for… Read More

March 19, 2022 @ 10:48 am By Omar Faridi  |  

Fellow Finance‘s general meeting has on 22 December 2021 approved the merger of Fellow Finance into Evli Bank Plc “in accordance with the merger plan signed on 30 September 2021.” The planned effective date of the merger “is on or about 2 April 2022.” The… Read More

March 19, 2022 @ 10:46 am By Omar Faridi  |  

Catch, the first and “only” personal payroll and benefits product, announced the launch of free automated income tax routing, “alongside a new brand identity.” With Catch, self-employed people are able to “automatically route their income — for free — setting aside for taxes, retirement, and… Read More

March 19, 2022 @ 10:44 am By Omar Faridi  |  

Ripple, which claims to be the leader in enterprise-grade blockchain and crypto solutions, is committing 1B XRP to “accelerate development and new use cases on the XRP Ledger (XRPL).” The fund is “an extension to the XRPL Grants program which launched in 2021 and, to… Read More