February 15, 2022 @ 6:01 pm By JD Alois  |  

Bitcoin started 2022 at around $47,000 but it has been downhill from there. In January, BTC bounced around $33,000 representing a serious haircut for holders that entered the market at the end of 2021. Today, Bitcoin is struggling to regain its crypto-sea legs as it… Read More

February 15, 2022 @ 5:08 pm By Omar Faridi  |  

BBVA (NYSE: BBVA) has reportedly agreed to invest $300 million (around €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims “to improve access to financial services for individuals, self-employed and small businesses in its country.” Neon claims 15 million registered accounts…. Read More

February 15, 2022 @ 4:42 pm By Tony Zerucha  |  

Better Tomorrow Ventures, a venture firm focused on helping early-stage Fintech companies, has raised $225 million for a fund, triple the amount it raised a mere 18 months ago. The plan is to devote $150 million to invest in 30 pre-seed and seed-stage startups. The… Read More

February 15, 2022 @ 3:32 pm By JD Alois  |  

Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc. (Nasdaq: LOB), is focusing more energy on embedded finance services. According to a release, the digital platform has selected Jake Tupa to lead the organization’s embedded banking efforts. Tupa will report to Live Oak’s EVP of Corporate… Read More

February 15, 2022 @ 3:15 pm By Tony Zerucha  |  

Assetz Capital plans to lend £1 billion to homebuilders in 2022 before ramping it up 50 per cent in 2023 to £1.5 billion, the company said this week. The announcement was made by parent company Assetz. The move is designed to stimulate demand amongst SME… Read More

February 15, 2022 @ 3:05 pm By Omar Faridi  |  

The correlation of Bitcoin (BTC) to the Nasdaq stands at around 53% and declining. Recently, the S&P and the Nasdaq have stabilized after the late January 2022 selloff, according to an update from BitOoda. As they’ve noted, a large down day in the Nasdaq is… Read More

February 15, 2022 @ 12:36 pm By JD Alois  |  

Recharge.com, a European payments provider, says that interim Chief Financial Officer Freddy Dijkman is now the permanent executive holding that position. Recharge states that Dijkman previously worked at other tech firms like T-Mobile, Kinly, and Avaya. Recharge’s CEO Günther Vogelpoel commented: “We are thrilled to… Read More

February 15, 2022 @ 12:17 pm By Omar Faridi  |  

CoinDCX, India’s first crypto unicorn which claims to be the country’s “safest” crypto exchange, announced that it has chosen crypto-native risk monitoring company Solidus Labs as a strategic compliance partner. With the goal to protect its clients from known forms of market abuse and a… Read More

February 15, 2022 @ 12:16 pm By Omar Faridi  |  

Indian Fintech Unicorn Slice has finalized its first employee stock option plan (ESOP) buyback valued at $8.6M. In November of last year, Slice achieved Unicorn status (valued at $1 billion or more) after securing $220 million via its Series B that was co-led by Tiger… Read More

February 15, 2022 @ 10:10 am By JD Alois  |  

The Kalifa Review of Fintech was published almost one year ago. The document was constructed to help guide the UK in its mission of supporting and promoting its prominence as a global Fintech hub. The UK has long been a vital financial center – second only to… Read More

February 15, 2022 @ 9:35 am By Omar Faridi  |  

Stitch is building the financial infrastructure to support Africa’s Fintech industry. Stitch has raised $21 million via an investment round led by The Spruce House Partnership, along with contributions from PayPal Ventures, TrueLayer, firstminute capital, The Raba Partnership, CRE Venture Capital, Village Global, Zinal Growth… Read More

February 15, 2022 @ 9:09 am By JD Alois  |  

Zopa Limited has filed several new documents on Companies House with one indicating a new person with significant control. According to the document, Plata Holdings UK Limited now holds 75% or more of the shares in the company including voting rights. The document was filed… Read More

February 15, 2022 @ 8:35 am By Omar Faridi  |  

Intesa Sanpaolo, which is Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has chosen Thought Machine, the United Kingdom-based core banking tech firm, to support its digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has… Read More

February 15, 2022 @ 7:00 am By JD Alois  |  

Marqeta (NASDAQ: MQ) and Plaid have formed a partnership, according to a corporate statement. Marqueta will be leveraging Plaids’ bank account information to streamline the ACH process. Marqeta is the biggest name in modern card issuance and management and Plaid is a leader in the… Read More

February 15, 2022 @ 6:06 am By Omar Faridi  |  

Alto Solutions, Inc., the self-directed IRA platform making it easy and affordable for individuals to invest in alternative assets via tax-advantaged retirement funds, has announced the company’s partnership with Prosper Marketplace, Inc., an online marketplace for consumer loans. Users of the Alto IRA platform may… Read More

February 15, 2022 @ 3:08 am By Omar Faridi  |  

When the COVID-19 crisis struck, working practices changed for many individuals and businesses across the globe. Offices had been closed and corporate travel was at a standstill, as virtual networks began replacing physical networking. Fast forward two years and while lockdowns are easing and conferences… Read More

February 15, 2022 @ 2:17 am By Omar Faridi  |  

The early stage continues to resemble the “late stage of years past.” Last year, the median early-stage valuation surged 50% YoY to $45.0 million. This value represents a greater median than the late stage only a few years ago “and illustrates the tsunami of capital… Read More

February 15, 2022 @ 1:46 am By JD Alois  |  

Minterest has closed a $5.52 million USD token sale, according to a company release.  Minterest states that its fully diluted valuation now stands at $514 million. Minterest claims that it is set to introduce its DeFi 2.0 model. The sale was conducted via an LBP… Read More

February 15, 2022 @ 12:32 am By Omar Faridi  |  

New digital tools are offering powerful methods for businesses to enhance brand identities, service offerings and allow for considerable efficiency gains across many aspects of their operations. Canada’s IT consulting firm Micromation saw an opportunity and joined forces with the layer-one smart contract platform, VeChainThor,… Read More

February 14, 2022 @ 11:39 pm By Omar Faridi  |  

i2c Inc., a provider of digital payment and banking tech, announced its partnership with KARTY, a Qatar-based Fintech offering tailored digital financial solutions to the MEA region, in order to introduce a digital-first prepaid mobile wallet to the country. Leveraging i2c’s international payments platform, Karty’s… Read More