February 14, 2022 @ 6:22 am By Omar Faridi  |  

Worldline (Euronext: WLN), a provider of payments and transactional services, is reportedly getting ready to sell its point-of-sale terminal business to Apollo Global Management for $2.3 billion. This, according to a report from the WSJ. A deal might be finalized within a few days as… Read More

February 14, 2022 @ 2:16 am By Omar Faridi  |  

Global Wealth Group, which aims to make global property investing available to anyone, anywhere, from any amount, safer & simple, has raised 101% (£759,030) of its £750,000 target at the time of writing from 229 investors with 24 days left in the firm’s crowdfunding campaign carried… Read More

February 14, 2022 @ 1:48 am By Omar Faridi  |  

PeerBerry business partner – real estate developer SIB Group – has successfully finalized the apartment building project “Skvero namai” in the center of Vilnius, the capital of Lithuania. The real estate loan of €1 million (the total amount with interest rate €1,068 803) was repaid… Read More

February 14, 2022 @ 1:24 am By Omar Faridi  |  

Investors are reportedly demanding high-quality, diversified exposure to digital investment strategies. And to address such requirements, institutions must steadily move along the adoption curve, equipped with advanced tools and trading capabilities. Coinbase Prime continues to cater to the goals of institutional investors in navigating this… Read More

February 14, 2022 @ 12:22 am By Omar Faridi  |  

Multi-asset digital trading Fintech ThinkMarkets has confirmed that it has finalized a $30 million round. The proceeds will be channeled towards supporting steady growth across existing and new business initiatives this year. Nauman Anees, Co-Founder and CEO of ThinkMarkets, stated: “Our exceptional growth in recent… Read More

February 14, 2022 @ 12:14 am By Omar Faridi  |  

Peer-to-peer lending provides investors and borrowers various advantages over more traditional forms of finance. However, there’s a potential downside as well. EstateGuru has taken a detailed look at the pros and cons of this form of funding, and the ways in which their platform aims… Read More

February 13, 2022 @ 11:44 pm By Omar Faridi  |  

The past few years have seen the crypto and blockchain space impact just about every industry in one way or another. However, one innovation in particular is leveraging blockchain or distributed ledger technology (DLT) in order to “fundamentally disrupt how organizations are structured, codified and… Read More

February 13, 2022 @ 11:18 pm By Omar Faridi  |  

Digital assets platform Okcoin is the first US regulated crypto-asset exchange to provide stablecoin USDC on top of Stellar. You may now deposit, withdraw, and trade Stellar USDC against US dollars via Okcoin. This offer is for all Okcoin clients “except for residents of the… Read More

February 13, 2022 @ 10:18 pm By Omar Faridi  |  

Binance Labs, the VC division and innovation incubator of Binance, is pleased to confirm its latest strategic investment in Automata Network, which is described as a decentralized service protocol that offers privacy middlewares for dApps (or decentralized applications). Automata Network addresses key pain points associated… Read More

February 13, 2022 @ 5:42 pm By JD Alois  |  

Last week, New Hampshire Governor Chris Sununu signed an executive order that establishes a Commission to review crypto and digital assets. the Goal is to support innovation in the state. The Governor stated: “New Hampshire is a hub of financial innovation, and this Executive Order… Read More

February 13, 2022 @ 5:24 pm By Omar Faridi  |  

Fintech Affirm‘s (NASDAQ:AFRM) stock had fallen over 20% to a $58.68 share price on Thursday (February 10, 2022) following the firm’s disclosure of its Q2 results (which came ahead of schedule). Affirm closed the week at $46.55 after starting the year at over $95 so… Read More

February 13, 2022 @ 3:37 pm By JD Alois  |  

ABC Fintech is an early-stage investment platform in the real estate sector. The company is leveraging blockchain technology to fractionalize commercial real estate to streamline the investment process for individuals. ABC Fintech, which stands for “asset backed crypto” is currently raising growth capital on Wefunder…. Read More

February 13, 2022 @ 3:21 pm By Omar Faridi  |  

Katapult (NASDAQ: KPLT), a lease-to-own platform that integrates with digital commerce platforms to power online shopping for non-prime clients, confirmed the appointment of Joyce Phillips and Jane J. Thompson to its Board of Directors, “effective immediately.” Ms. Phillips and Ms. Thompson were appointed to the… Read More

February 13, 2022 @ 3:02 pm By Omar Faridi  |  

At specialist development finance lender, Blend Network, the team prides itself on being by their client’s side, assisting them with borrowing funds for their initiatives. Even at the heights of the COVID-19 crisis, the team reports that they continued lending and deploying capital into projects… Read More

February 13, 2022 @ 2:26 pm By Omar Faridi  |  

Dignity Gold, LLC, the US-based digital security that is taking an innovative approach to using verified gold reserves to back its security token, has appointed Marina De Alba to its Advisory Board. Dignity Gold, a blockchain development firm using security tokens and a regulation-focused approach… Read More

February 13, 2022 @ 1:15 pm By Omar Faridi  |  

London’s SETL and New York’s Digital Asset recently entered into a partnership to develop a protocol that may be used by regulated institutions to introduce interoperable tokens. The protocol, modelled on the Regulated Liability Network (RLN) initiative first introduced by Citibank’s Tony McLaughlin, will be… Read More

February 13, 2022 @ 1:12 pm By JD Alois  |  

Republic’s venture into the Metaverse – Realm has rebranded as Everyrealm raising $60 million in Series A funding in the process. A securities filing from last week indicated that more than 30 investors participated in the funding round. Republic is a leading online capital formation… Read More

February 13, 2022 @ 12:40 pm By Omar Faridi  |  

Klarna, an international retail bank, payments and shopping platform, recently noted that six out of ten or 60% of credit card users don’t know how much interest they are actually being charged. This, according to the latest YouGov research that was commissioned by Fintech firm… Read More

February 13, 2022 @ 12:38 pm By Omar Faridi  |  

SoFi Technologies (NASDAQ:SOFI) is not simply just another neobanking platform, according to a Bank of America (BoA) analyst. SoFi provides services to several different neobanks via its Galileo platform, which the BoA analyst said is an important “differentiator.” BoA analyst Mihir Bhatia pointed out that… Read More

February 13, 2022 @ 12:34 pm By Omar Faridi  |  

Banking services Fintech Engage Fi is the latest local firm (in Tampa) to acquire out-of-state funding. Engage Fi co-founders Jenn Addabbo and James Guild introduced their banking services technology business back in 2014. The firm has reportedly acquired one of the first investments from an $850… Read More