February 25, 2022 @ 7:12 pm By Tony Zerucha  |  

Bitfarms (NASDAQ: BITF, TSXV: BITF), a global Bitcoin self-mining company, has entered into a $32 million equipment financing agreement, the company announced this week. “This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining operations so… Read More

February 25, 2022 @ 6:10 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash turned 5 years old, according to an update posted on February 22, 2022. As mentioned in a blog post by Robocash: “During this seemingly not so long period we have managed a lot. And there is more ahead of us.” CEO… Read More

February 25, 2022 @ 5:09 pm By Tony Zerucha  |  

FV Bank, a U.S. licensed global digital bank offering a vertically-integrated suite of traditional and digital asset banking and custody services to Fintech and blockchain firms, has introduced its first application programming interface (API) to advance bank automation and integration for its clients’ operations. FV… Read More

February 25, 2022 @ 4:55 pm By Omar Faridi  |  

James Butterfill and Christopher Bendiksen from CoinShares have noted in a blog post dated February 24, 2022 that Bitcoin had an “immediate” price response to the Ukraine invasion when the news broke early this morning. According to the CoinShares researchers, it has become evident that,… Read More

February 25, 2022 @ 4:52 pm By Tony Zerucha  |  

Finary, a French fintech that allows its users to track all of their assets on a single platform, this week announced an €8 million Series A round which was supported by Speedinvest and Y Combinator Founder and CEO Mounir Laggoune said Finary’s mission began last… Read More

February 25, 2022 @ 12:46 pm By Omar Faridi  |  

Digital asset firm CoinList has announced that the Nym Token Sale on their platform has added over 51,000 new token holders to the Nym community and network, with more than $30 million in NYM tokens purchased “throughout the course of the sale.” The event drew… Read More

February 25, 2022 @ 12:13 pm By Omar Faridi  |  

Fintech firm Ramp, which offers a finance automation platform and claims to have one of the fastest-growing corporate cards on the market,  has introduced Ramp for Travel, a new AI-assisted travel solution that enables workers to “book anywhere and gives finance teams an unprecedented level… Read More

February 25, 2022 @ 11:49 am By JD Alois  |  

It has been one year since the publication of the Kalifa Review of Fintech – a document that sought to provide a roadmap to ensure the UK’s prominence in the global Fintech ecosystem. On the anniversary of the publication, there have been multiple comments regarding… Read More

February 25, 2022 @ 11:02 am By Omar Faridi  |  

Checkout.com, which recently raised $1 billion at a $40 billion valuation, notes that Strong Customer Authentication (SCA) is now “mandated across all of Europe and businesses have had to make changes to make sure they are compliant.” The team at Checkout.com writes in a blog… Read More

February 25, 2022 @ 10:59 am By Omar Faridi  |  

Recently, network difficulty on the Bitcoin (BTC) network surged around 4.8% as total hashrate (or the amount of computing power securing the leading cryptocurrency network) exceeded 200 EH/s for the “first time ever.” The team at Compass Mining noted that “breaking through mining profitability’s gloomy… Read More

February 25, 2022 @ 9:46 am By JD Alois  |  

Arthur Hayes and Benjamin Delo, BitMEX crypto derivatives exchange founders, have pleaded guilty to charges of violating the Bank Secrecy Act. According to the US Department of Justice, the two founders willfully failed to establish, implement, and maintain anti-money laundering (AML) programs at BitMEX. Under… Read More

February 25, 2022 @ 8:41 am By JD Alois  |  

Wirex, a payments platform that enables both fiat and crypto, has added the Polygon blockchain to their non-custodial wallet, as well as the Wirex app. According to  Wirex, users will have access to the benefits of the Polygon blockchain alongside the Ethereum, Avalanche, Binance Smart… Read More

February 25, 2022 @ 8:26 am By Omar Faridi  |  

The blockchain sector saw some major changes during the past year, brought on by a “maturing” crypto ecosystem and the development of innovative technologies. American Fintech firm Ripple notes that it remained focused on better understanding and further analyzing this rapid “evolution” via primary and… Read More

February 25, 2022 @ 8:20 am By Omar Faridi  |  

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

February 25, 2022 @ 8:16 am By Omar Faridi  |  

European Fintech iwoca reveals that a new B2B payments solution is bringing together instant payments, free transactions and flexible financing “to address cash flow problems for both buyers and suppliers.” As mentioned in an update shared with Crowdfund Insider, online Fintech firm iwoca has noted… Read More

February 24, 2022 @ 10:49 pm By Tony Zerucha  |  

Indian consumer neobank Niyo has raised $100 million in its Series C round of funding, the company announced today. The funds are earmarked for product development, marketing, distribution, and staffing. This round was led by Accel and Lightrock India with participation from Beams Fintech Fund. Existing investors Prime… Read More

February 24, 2022 @ 10:17 pm By Omar Faridi  |  

Indian Fintech Unicorn Razorpay notes that it has been serving numerous digital commerce merchants with an intuitive, customer-friendly, and secure checkout experience for over six years. The company claims that its expertise makes them one of the best go-to checkout providers for merchants who want… Read More

February 24, 2022 @ 9:51 pm By Omar Faridi  |  

VeChain developers note that the blockchain sector in Shanghai has enjoyed  “robust” and “fast-paced” development because of the city’s ongoing efforts and their willingness to embrace blockchain tech. To expedite the development of blockchain or distributed ledger tech (DLT)-powered services in Shanghai, the Shanghai Municipal… Read More

February 24, 2022 @ 8:53 pm By Omar Faridi  |  

Michael Froman, Vice Chair and President, Strategic Growth at Mastercard (NYSE: MA), notes that shuttered storefronts might be a lingering symbol of the pandemic’s “economic fallout.” However, entrepreneurship is continuing to soar, “with a record 5.4 million new business applications filed in 2021, according to U.S…. Read More

February 24, 2022 @ 6:14 pm By Omar Faridi  |  

Digital asset firm Okcoin reveals that clients are now able to trade the WAX token (WAXP) against USD via the crypto trading platform. Okcoin has shared what the initiative is all about, “in simple terms.” The team at Okcoin confirmed that you can now deposit,… Read More