March 1, 2022 @ 11:15 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) announced on Monday (February 28, 2022) that it would be making an investment in TRM Labs, a blockchain analysis company, becoming the latest in a growing number of Wall Street giants who are expanding their footprint in the crypto and DLT  industry…. Read More

March 1, 2022 @ 9:48 am By JD Alois  |  

The British Business Bank has published its Small Business Finance Markets Report 2021/22.  According to the report, over £14  billion was invested in equity offerings during the first three quarters of 2021 – surpassing all of 2020. The British Business Bank is a development bank… Read More

March 1, 2022 @ 9:04 am By JD Alois  |  

Findingaplace, a UK Proptech startup, has closed its funding round on Seedrs raising £311,000 in equity capital at a pre-money valuation of £1.5 million. The target of the securities offering was £250,000 and easily topped as 352 individual investors backed the firm. Findingaplace is a… Read More

March 1, 2022 @ 9:00 am By Tony Zerucha  |  

Evmos, the port-of-entry from Ethereum to Cosmos, today announced its mainnet launch. Built using the Cosmos SDK, it serves as the primary IBC-compatible, EVM-based chain that brings composability, interoperability, and fast finality to cross-chain contracts. With its mainnet launch, developers will be able to build… Read More

March 1, 2022 @ 8:43 am By Omar Faridi  |  

Zip Co Limited (ASX: Z1P) and Sezzle Inc. (ASX:SZL) are pleased to confirm that they have entered into a definitive agreement under which Zip has agreed “to acquire Sezzle in an all-scrip transaction by way of a statutory merger under the laws of the State… Read More

March 1, 2022 @ 8:39 am By Omar Faridi  |  

Researchers from DTU (Denmark’s Technical University) have for the first time taken quantum communication out of the lab and used it to “securely transfer” data at Danske Bank. This is considered a breakthrough in the development of digital communication and the “race against cyber criminals.”… Read More

March 1, 2022 @ 12:01 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge, has launched a new public-private collaboration involving banks, public agencies, and private organizations aiming to provide insight into the emerging digital asset ecosystem. The mission is to help guide public opinion, inform… Read More

February 28, 2022 @ 11:30 pm By Omar Faridi  |  

Globally, 84% of consumers agree that they should “have control of their financial data, and banks should not prevent the movement of money between other financial services.” These are the principles that are the “basic tenets of open banking,” according to an update shared with… Read More

February 28, 2022 @ 10:42 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the financial services sector is changing, and ensuring loyalty is “increasingly difficult.” Blend writes in a blog post that clients are now looking for all-digital experiences that are fast, easy, as well as more efficient. And they… Read More

February 28, 2022 @ 10:29 pm By JD Alois  |  

Invest Lithuania, the country’s Investment Promotion Agency supporting firms interested in tapping into the European market, has created a section of their website providing information for Ukrainians that are fleeing the war with Russia. Invest Lithuania states: “We would like to assure you that Lithuania… Read More

February 28, 2022 @ 10:09 pm By Omar Faridi  |  

On February 25, 2022, within the official visit of Vietnamese President Nguyen Xuan Phuc to Singapore, HDBank signed a cooperation agreement with Thought Machine group – a core banking solution provider. In Vietnam, HDBank will be working with Thought Machine to “develop the latest version… Read More

February 28, 2022 @ 8:30 pm By Omar Faridi  |  

We recently connected with Neeraj Khandelwal, Co-founder of CoinDCX, one of India’s largest digital asset exchanges. As covered in August 2021, CoinDCX turned into India’s first crypto unicorn following a $90 million investment round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group… Read More

February 28, 2022 @ 6:14 pm By Omar Faridi  |  

Japan Exchange Group, Inc. (JPX) recently announced that it has “made a minority investment of JPY 360 million in Digital Asset Markets, Inc. as of February 25, 2022.” Through this investment, JPX aims to “strengthen its relationship with Digital Asset Markets, Inc., which enables trading… Read More

February 28, 2022 @ 5:44 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the banking software firm, recently announced that Canada Life UK, a subsidiary of Canada Life Group, has officially gone live with Temenos Multifonds  in order to support its UK investment accounting operations. Administration of life and pensions funds is “highly governed” and… Read More

February 28, 2022 @ 3:11 pm By Omar Faridi  |  

Betterment at Work recently confirmed the introduction of its Student Loan Management solution, and that it has entered into an agreement to acquire the partner and customer relationships of Gradvisor, a platform that offers “personalized” college savings plans. These two product offerings are meant to… Read More

February 28, 2022 @ 3:07 pm By JD Alois  |  

Earlier today, the Swiss Federal Council adopted the European Union (EU) sanctions packages of February 23 and 25. The move is designed to remove Switzerland as an option for  Russia to evade economic sanctions as Russia continues its criminal act of war against Ukraine. Switzerland… Read More

February 28, 2022 @ 2:52 pm By Omar Faridi  |  

The UK government’s Help to Grow scheme has seen “painfully slow” uptake from small businesses – “despite the current economic landscape leaving many of them in desperate need of support,” according to an update shared with CI. Mikkel Velin, Co-CEO of B2B embedded lending provider… Read More

February 28, 2022 @ 2:49 pm By Omar Faridi  |  

peaq, the “decentralized” Web 3.0 network powering the Economy of Things (EoT), and AllianceBlock, an “end-to-end decentralized finance solutions provider,” have announced a partnership “centering on their acceleration into Web3.” As mentioned in an update shared with Crowdfund Insider, the partnership will “see peaq utilize… Read More

February 28, 2022 @ 12:06 pm By JD Alois  |  

Alan Konevsky, tZERO’s former interim CEO, has been made Executive VP, Chief Legal and Corporate Affairs Office of the digital asset marketplace, according to a note from the firm. Last week, it was announced that David Goone, the Chief Strategy Officer of Intercontinental Exchange (NYSE:… Read More

February 28, 2022 @ 11:06 am By Omar Faridi  |  

A&T Capital has finalized the fundraising for a $100 million pool of capital that will be dedicated to cryptocurrency and blockchain-focused venture investments, the company confirmed. The investors reportedly include major Fintech industry participants, partners of various other venture funds as well as technology entrepreneurs,… Read More