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

February 28, 2022 @ 11:00 am By JD Alois  |  

Crypto is shining when it comes to individuals expediting donations to Ukraine. Following Russia’s unprovoked invasion of the country, calls for donations, alongside government aid, have been posted on social media.  As has been tracked by Elliptic,  over $20 million in crypto has been donated… Read More

February 28, 2022 @ 10:36 am By JD Alois  |  

The US Department of Treasury has issued a statement today following a flurry of international actions over the weekend that sought to cut off Russia from global markets while freezing assets of certain individuals and other entities. Treasury said the actions were taken following the… Read More

February 28, 2022 @ 10:23 am By Omar Faridi  |  

Sweater, a Fintech firm building the “first” fully-managed venture capital fund that is open to “everyday investors,” recently finalized a $12 million seed round. Sweater’s investment round has been co-led by Motivate VC and Akuna Capital, with participation from Jeffrey Cruttenden (Co-founder of Acorns), Eli… Read More

February 28, 2022 @ 10:16 am By JD Alois  |  

The not-for-profit group, the Financial Technology Association (FTA) has hired Tom Davis as Vice President of Membership and Development. According to a statement distributed by the FTA, Davis brings more than a decade of experience in directing, marketing, and developing membership-based organizations to his role… Read More

February 28, 2022 @ 9:25 am By Omar Faridi  |  

Binance, a leading crypto and blockchain infrastructure provider, has committed $10 million minimum to “help the humanitarian crisis in Ukraine” via its Binance Charity Foundation. As mentioned in the update, the donation will be “split between major intergovernmental organizations and nonprofit organizations already on the… Read More

February 28, 2022 @ 9:22 am By JD Alois  |  

Nosso, a Fintech app created to help parents invest and plan for their children’s financial futures, has raised a $2.8 million seed round led by Octopus Ventures and Anthemis. Other investors include, Entrepreneur First, Ventures Together, Errol Damelin, Tracy Doree, and Peter Hetherington. Nosso explains… Read More

February 28, 2022 @ 9:06 am By JD Alois  |  

Arca, a compliance-first digital asset platform, has distributed a white paper on Blockchain Transferred Funds or “BTFs” as an alternative to Exchange Traded Funds (ETFs). Arca states that the “finance industry is at a critical inflection point” as traditional finance (Tradfi) has not kept pace… Read More

February 28, 2022 @ 4:07 am By Omar Faridi  |  

DIAL Global,  a Diversity & Inclusion Accelerator that powers growth for blue-chip firms, has acquired 125% (£500,081) of its £400,000 target from 146 investors (at the time of writing) via its crowdfunding campaign carried out through Seedrs. Located in Leamington Spa, United Kingdom, DIAL Global operates… Read More

February 28, 2022 @ 3:27 am By Omar Faridi  |  

European marketplace lender October recently commented on the French state-guaranteed loans. On March 2020, the French State announced an “exceptional package of €300Bn state-guaranteed loans (PGE) to support SMEs during the Covid-19 crisis.” Since the launch of this first state-guaranteed loan via the October platform… Read More

February 28, 2022 @ 2:43 am By JD Alois  |  

Bnext, a Spain-based Fintech, reports that it will issue a B3X token on Tuesday 1st March 2022. B3X is a utility ERC20 token hosted on the standard Ethereum Blockchain network. The funds from the token sale are expected to help Bnext scale its operations to… Read More

February 28, 2022 @ 1:42 am By Omar Faridi  |  

EVERUP,  a prize-linked app boosting savings & spending rewards via games, has secured 107% (£429,668) of its £400,000 target from 310 investors (at the time of writing) via its crowdfunding campaign carried out through Crowdcube (with 18 days left in the sale). EVERUP is described… Read More

February 28, 2022 @ 12:41 am By Omar Faridi  |  

Debitum is pleased to confirm that their clients, as of now, will be investing in financial instruments – Asset-Backed Securities (ABS). According to Debitum, this is one of the final steps after acquiring a license for the Debitum investment platform from the Financial and Capital… Read More

February 27, 2022 @ 11:37 pm By Omar Faridi  |  

Since the start of the Coronavirus crisis, both digital-service use and the digital market have grown significantly in Southeast Asia. According to the e-Conomy SEA 2021 Report by Google, Temasek, and Bain & Company, there are now around 350 million digital consumers in the region… Read More

February 27, 2022 @ 10:00 pm By Will Steiner  |  

Financial Literacy is Key A parent wants a life for their child that is better than their own (a less controversial thing has never been said). This is the innate desire of parenthood — to provide your children with greater access to opportunity, witness their… Read More

February 27, 2022 @ 9:39 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) notes that they have made enhancements to the SME Financing Guarantee Scheme. The Financial Secretary confirmed in the 2022-23 Budget today (23 February) that the application period for the 80% Guarantee Product, the 90% Guarantee Product and the Special… Read More

February 27, 2022 @ 7:34 pm By Omar Faridi  |  

C6 Bank clients who have a global account with a US dollar or Euro balance are now able to withdraw cash from Chase ATMs free of charge beginning on February 24, 2022. The ATM network is available in the US and has over 16,000 units… Read More

February 27, 2022 @ 7:20 pm By Omar Faridi  |  

Stephen Moss, Founder and MD at Sourced Capital, notes that it has been a while since they last discussed their business operations, the journey and what they have been working on “in the background.” Moss wrote in a blog post that in 2018, they became… Read More