February 24, 2022 @ 3:49 pm By JD Alois  |  

Russia’s unprovoked attack on Ukraine has shocked the world. For weeks now, many have expected Russian forces to cross the border to occupy part or all of Ukraine while some thought threat of war was just posturing by Russian President Vladamir Putin. In recent hours… Read More

February 24, 2022 @ 3:03 pm By Tony Zerucha  |  

Chainalysis, a blockchain data platform, today announced BNY Mellon, the world’s largest asset servicer, will be the first global systemically important bank to utilize its compliance software as part of their risk management program. This integration will form a component of BNY Mellon’s strategy to develop… Read More

February 24, 2022 @ 3:00 pm By Omar Faridi  |  

SlowMist notes that not too long ago, they had released an update in regards to the Bitfinex incident. The report from SlowMist had covered how the stolen funds had allegedly been laundered using a technique known as “peel chain.” The company reveals that they received… Read More

February 24, 2022 @ 2:58 pm By Tony Zerucha  |  

Proptech startup Piñata, a rewards and credit building membership program for renters, announced today it has raised $13 million in Series A funding led by real estate- and proptech-focused venture firm Wilshire Lane Capital. “We’re thrilled to be partnering with Wilshire Lane Capital. This is a heavy-hitting team… Read More

February 24, 2022 @ 2:55 pm By Tony Zerucha  |  

Blockchain infrastructure provider InfStones today announced the close of $33 million in Series B financing from Susquehanna International Group (SIG), Dragonfly Capital, Qiming Venture Partners, DHVC, A&T, INCE Capital, and Value Internet Fund. InfStones previously raised $12 million in seed and Series A financing, bringing the company’s total funding… Read More

February 24, 2022 @ 2:53 pm By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) recently teamed up with Amplify Latinx via an investment that celebrates their fifth anniversary and supports their ongoing work to uplift the Latinx community. The Massachusetts-headquartered nonprofit Amplify Latinx aims to support Latinx communities by enhancing their economic power. This is done by… Read More

February 24, 2022 @ 12:10 pm By JD Alois  |  

Wise (LSE:WISE) the global payments, transfer platform, and stealth bank, has moved to appoint an interim Chief Financial Officer following a bike accident involving Matthew Briers, Wise CFO. Wise issued the following statement: To ensure Matthew’s recovery is complete, his return to work will be gradual…. Read More

February 24, 2022 @ 12:05 pm By Tony Zerucha  |  

Promise, a company that helps users pay off debts, has raised a $25 million Series B round, the company confirmed today. The deal values the company at north of $520 million. The company’s technology allows people to pay bills issued by governments and utilities in… Read More

February 24, 2022 @ 12:02 pm By Omar Faridi  |  

Nordstreet, a firm focused on democratizing the business loan financing “one successful project at a time,” has raised 103% (€309,926) of its €300,001 fundraising target via Seedrs from 119 investors with 27 days left in the company’s crowdfunding campaign. Here are the business overview/highlights shared… Read More

February 24, 2022 @ 11:15 am By Omar Faridi  |  

UK’s investment platform easyMoney has looked into whether a current account is the best home for our funds. Inflation is surging rapidly and interest rates have declined, so easyMoney looks into whether a current account – where interest rates of up to 5% are possible… Read More

February 24, 2022 @ 11:12 am By JD Alois  |  

  As Russian President Vladimir Putin shocked the world with his horrific invasion of Ukraine, many nations enacted economic sanctions to punish the rogue country as Europe entered a state of war. Following Putin’s effective annexation of Donetsk and Luhansk (Donetsk and Luhansk People’s Republics… Read More

February 24, 2022 @ 9:58 am By Omar Faridi  |  

UK’s investment service provider Kuflink has added new features to its platform. As noted by Kuflink‘s management, January was quite a busy month for them, with many new feature releases and updates to their previous releases. The company is hoping that their clients appreciate these… Read More

February 24, 2022 @ 9:05 am By JD Alois  |  

Squirro, an “Augmented Intelligence solutions provider,” has been awarded a contract with the European Central Bank (ECB) to provide insights into risk and the countries that have adopted the Euro. Squirro notes that it is already working with the German Bundesbank and the Bank of… Read More

February 24, 2022 @ 8:53 am By Tony Zerucha  |  

TreviPay, a global financial technology company, has acquired Baton Financial Services, a technology company that has built a B2B invoice payments network. To meet the trade credit needs of small businesses, Baton’s payments network has enabled the delivery of structured financial services in partnership with… Read More

February 24, 2022 @ 8:50 am By JD Alois  |  

Skipify, an “instant checkout” platform for merchant websites, has received a strategic investment round from PayPal Ventures, Synchrony, Amex Ventures, and Okta Ventures. The amount of the investment was not disclosed. Skipify said the funding was in addition to a recent Series A round co-led… Read More

February 24, 2022 @ 8:42 am By Omar Faridi  |  

Andy Rachleff, co-founder and Executive Chairman at Wealthfront, which recently agreed to be acquired by UBS, says that we should keep investing even while the market is volatile. Andy writes in a blog post that when markets are volatile (as they are currently), investors sometimes… Read More

February 24, 2022 @ 8:40 am By JD Alois  |  

Leading European association that advocates on behalf of securities crowdfunding, the European Crowdfunding Network (EUROCROWD), has announced a new partnership with the European Association for Local Democracy (ALDA) creating a “cross-membership agreement” to develop activities of common interest, according to a statement by EUROCROWD. ALDA… Read More

February 24, 2022 @ 8:28 am By Omar Faridi  |  

One positive development during the past year has been law enforcement’s “growing” ability to seize virtual currency from criminals, according to an extensive update from Chainalysis. The US Department of Justice (DOJ) seized $2.3 million in crypto from the DarkSide ransomware operators who were allegedly… Read More

February 24, 2022 @ 8:26 am By Omar Faridi  |  

Mecanicus, a company focused on driving a “revolution” in the classic car market to ensure its “transmission to future generations,” has secured 113% (€568,692) of its €500,000 fundraising target via Crowdcube (from 121 investors at the time of writing). Mecanicus notes that it aims to… Read More

February 24, 2022 @ 8:23 am By Omar Faridi  |  

European Fintech challenger bunq notes that managing your funds has become even easier when using their platform. The team at bunq writes in a blog post that consumers do not want to spend a lot of time on money admin, because there are so many… Read More