March 12, 2022 @ 2:04 pm By Omar Faridi  |  

Capchase, a firm offering non-dilutive capital for recurring-revenue businesses operating in the US and Europe, announced an $80 M Series B round which has been led by 01 Advisors. QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco and Gaingels also contributed… Read More

March 12, 2022 @ 11:16 am By JD Alois  |  

Zhejiang University International Business School (ZIBS) has concluded the Fintech and Regulatory Innovation (FTRI) Program for its inaugural China cohort, according to a statement from the organizers. The school reports that this cohort was comprised of 34 executives and senior managers from Mastercard, Invesco Asia-Pacific,… Read More

March 12, 2022 @ 10:58 am By Omar Faridi  |  

Curve, the financial super app which supports clients with better understanding and mastering their finances by bringing together debit, credit and loyalty cards into a single interface, recently confirmed its entry into US markets. Curve is currently available to download for US clients, who are… Read More

March 12, 2022 @ 10:56 am By Omar Faridi  |  

The HBAR Foundation, an organization supporting development in the Hedera ecosystem by offering grants and resources to developers, announced the introduction of its Sustainable Impact Fund (SIF) to globally “grow the sustainability economy on Hedera.” The Foundation will work with initiatives that support key outcomes… Read More

March 12, 2022 @ 8:53 am By Omar Faridi  |  

Global identity verification firm, Trulioo, has introduced a set of resources in order to support modern security professionals as they “shape safety and security practices in the digital world.” Data found that compliance, risk and IT security professionals are “critical to supporting business growth.” These… Read More

March 11, 2022 @ 8:01 pm By JD Alois  |  

Cake DeFi, a Singapore-based compliant Fintech that aims to make DeFi accessible, is reporting a USD $100 million venture capital subsidiary to invest in startups in various sectors of blockchain tech like Web3, gaming, Fintech, Meta, etc. Cake DeFi Ventures (CDV) states that it will… Read More

March 11, 2022 @ 3:47 pm By Omar Faridi  |  

Envestnet, Inc. (NYSE: ENV) reveals that Farouk Ferchichi has been named Global Head of Envestnet Data and Analytics, bringing together the capabilities of Envestnet | Yodlee, Envestnet Analytics (Wheelhouse), and Abe AI. This strengthened data and analytics focus under Ferchichi’s leadership is “integral to Envestnet… Read More

March 11, 2022 @ 3:35 pm By JD Alois  |  

Visa (NYSE:V) has completed the acquisition of Tink, a Swedish open banking platform. The acquisition was announced in June 2021 at a valuation of €1.8 billion. At that time Tink stated that it became clear that they shared a common mission with Visa to “connect… Read More

March 11, 2022 @ 3:19 pm By Omar Faridi  |  

Computer Services, Inc., a provider of Fintech and Regtech solutions, announced that Oklahoma’s First National Bank & Trust Company of Okmulgee has selected its NuPoint core platform “to offer comprehensive solutions that enhance the banking experience for customers.” First National Bank & Trust, which has… Read More

March 11, 2022 @ 2:35 pm By JD Alois  |  

Traditional banks, the brick and mortar operations that pepper the landscape as they have for hundreds of years, have been slow to upgrade and migrate to a digital-first (or only) service. This has created an opportunity for agile Fintechs to move in and Hoover up… Read More

March 11, 2022 @ 2:04 pm By Omar Faridi  |  

Magway, a zero-emissions goods delivery system on “a mission to help the world meet net-zero targets by 2050,” has secured 120% (£904,034) of its £750,000 target via Crowdcube from 821 investors (at the time of writing)  with 11 days left in its crowdfunding campaign. Recognized… Read More

March 11, 2022 @ 12:43 pm By JD Alois  |  

Stellar Development Foundation, MoneyGram International, Inc. (NASDAQ: MGI), and Techstars, have announced a partnership to recruit founders globally who are focused on tech innovation in areas such as blockchain and digital payments to further streamline cross-border payments and support financial inclusion. The partnership builds on the… Read More

March 11, 2022 @ 12:28 pm By Omar Faridi  |  

Funding Options, a UK firm helping business owners get the right finance in place, so they can “trade, plan and grow with confidence,” has been focused on expanding its range of financial services. Calling all Accountants and Advisory Professionals – Funding Cloud: Connect has officially… Read More

March 11, 2022 @ 12:23 pm By Omar Faridi  |  

Payments company Stripe supports cryptocurrency businesses, including digital asset trading platforms, online wallets, and (non-fungible token) NFT marketplaces. The new service will be provided in partnership with FTX and FTX US (the US-facing crypto exchange). The update was shared by Stripe co-founder John Collison via… Read More

March 11, 2022 @ 10:42 am By JD Alois  |  

In the United States, securities or investment crowdfunding was legalized under the JOBS Act of 2012. This bi-partisan legislation was in recognition of changes in technology as well as an understanding of the need to better facilitate capital formation for early-stage firms. Effectively, there are… Read More

March 11, 2022 @ 8:59 am By JD Alois  |  

Insurtech MGA Loadsure has closed on an $11 million Series A funding round, led by MMC Ventures, according to a statement by the company. Additional investors in the round include Crowley and existing investor Insurtech Gateway. Loadsure claims title as the industry’s first transactional cargo… Read More

March 11, 2022 @ 8:17 am By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, has introduced a brand new positioning and design. Created in “celebration” of its 10-year anniversary in February, the latest branding “marks the expansion of the company’s global teams located in regions such as Asia, Europe, and the… Read More

March 11, 2022 @ 8:06 am By JD Alois  |  

Digital bank Revolut has raised €10 million to benefit the people of Ukraine. The donations have been coordinated with Red Cross Ukraine and include matching contributions from Revolut. Russia invaded Ukraine in an unprovoked act of war on Thursday, February 24. On March 1st, Revolut… Read More

March 11, 2022 @ 7:56 am By Omar Faridi  |  

Binance UK is pleased to renew its membership at Innovate Finance, which is an independent not-for-profit industry body “representing the UK’s Global FinTech community, as a Scaleup Innovator for another year until 2023.’ As an international player in the digital asset sector, Binance is “committed… Read More

March 11, 2022 @ 7:52 am By Omar Faridi  |  

Buildiro, a metasearch engine and aggregation site for “locating and purchasing building supplies,” has acquired 76% (£228,833 ) of its £300,001 target from 55 investors via Seedrs (at the time of writing) with 28 days left in the firm’s crowdfunding campaign. Based in London, UK, Buildiro… Read More