February 1, 2022 @ 3:12 pm By JD Alois  |  

Roofstock, a real estate investment platform, has inked a partnership with Obie, an Insurtech that will enable Roofstock users to purchase insurance “in minutes.” As many people know, purchasing a home, or investing in property, can be a laborious task. Roofstock is working to make… Read More

February 1, 2022 @ 2:59 pm By Omar Faridi  |  

Brian Armstrong, CEO and Co-Founder of digital asset firm Coinbase (NASDAQ: COIN), confirms that commerce pioneer and open-source programmer, Tobias Lütke will bring his extensive experience and perspective to bear as Coinbase continues to expand its global presence and develop new products. Armstrong wrote in… Read More

February 1, 2022 @ 2:56 pm By Omar Faridi  |  

Many US consumers face complications, challenges or adversity when carrying out purchases because the name on their debit card doesn’t match “who they truly are.” T-Mobile (NASDAQ: TMUS) announced (on January 31, 2022) True Name® by Mastercard® for T-Mobile MONEY, allowing all clients, including transgender… Read More

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

Newgen Software, an international provider of the NewgenONE Digital Transformation Platform, recently announced an integration of Newgen’s Commercial Loan Origination Software (CLOS) with Factual Data “for seamless access to the bureau credit information.” By leveraging Newgen’s CLOS, financial institutions can effectively automate their commercial lending process,… Read More

February 1, 2022 @ 11:38 am By JD Alois  |  

Amber Group has acquired DeCurret Inc., a crypto exchange subsidiary of DeCurret Holdings Inc. The transaction was completed by Amber Group subsidiary WhaleFin Holdings Japan K.K (WhaleFin Japan). The transaction enables Amber Group’s entry into Japan, having acquired a Crypto-Asset Exchange Service Provider (CAESP)  registered… Read More

February 1, 2022 @ 11:27 am By JD Alois  |  

SeedBlink, a European securities crowdfunding platform based in Bucharest, says that since its launch in 2020 it has raised €37.8 million for 56 start-ups. A hybrid platform, the total raised is divided into retail investors providing approximately €15 million and lead investors €23 million. SeedBlink… Read More

February 1, 2022 @ 10:44 am By JD Alois  |  

creditshelf, a digital lender serving SMEs, reports that based on preliminary, unaudited financial figures, the lending platform grew significantly in the fiscal year 2021. creditshelf, based in Germany, says the operational report is indicative of the scalability of its business model. Preliminary revenues amounted to… Read More

February 1, 2022 @ 10:24 am By JD Alois  |  

  AI-powered buy now, pay later (BNPL) service Biller, has acquired and “joined” Banking Circle. Biller states that it will benefit from immediate access to the firm’s technology infrastructure, financial resources, payment rails, and licenses to accelerate its European expansion. Banking Circle is a provider… Read More

February 1, 2022 @ 10:08 am By Omar Faridi  |  

Sourced Capital, a UK property investment platform and wholly-owned subsidiary of the Sourced Group, has announced that it received direct authorization from the Financial Conduct Authority (FCA) and “acquired Peer Funding Limited, a peer-to-peer business platform.” Sourced Capital says that it proved its solid track… Read More

February 1, 2022 @ 9:06 am By Omar Faridi  |  

Alan Lane, CEO at Silvergate Capital (NYSE:SI), has noted that the bank holding company aims to introduce a stablecoin by the end of 2022.  The plan has been revealed after the firm’s recent acquisitions of assets and intellectual property (IP) from Meta’s (Facebook) (NASDAQ:FB) crypto project… Read More

February 1, 2022 @ 8:46 am By Omar Faridi  |  

An “unofficial” Minecraft NFT collection is now the most recent initiative that turned out to be a rug pull (but the founders claim otherwise). Recently, the project called “Blockverse”, which offered an on-chain Ethereum NFT that claimed to support a unique P2E on Minecraft “like… Read More

February 1, 2022 @ 8:30 am By Justin Daniels  |  

Non-fungible tokens (NFT) are currently the belle of the blockchain ball. The revenue related to sales of NFT’s are staggering: $69 Million for Beeple while NBA’s Top Shot swished over $700M in sales in less than a year. Open Sea, the largest NFT exchange, has a… Read More

February 1, 2022 @ 8:05 am By Omar Faridi  |  

Leaving the Coronavirus outbreak to one side, the BTL sector is in “good health,” according to an update from Landbay. The value of the private rented sector (PRS) in England, Wales and Scotland surged by 5.8% to £1.4 trillion during the past year, according to… Read More

February 1, 2022 @ 8:03 am By Omar Faridi  |  

The European Banking Authority (EBA) has introduced its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be key to coordinating ongoing efforts by relevant authorities and the EBA to prevent and combat money laundering… Read More

February 1, 2022 @ 2:00 am By JD Alois  |  

Cypress-based KoronaPay, a money transfer service operating across Europe and the CIS region, has banned all crypto-related transactions including cryptocurrency trading, according to a statement from the company. KoronaPay states that it halted crypto following reports that the Central Bank of Russia has started to… Read More

January 31, 2022 @ 11:36 pm By JD Alois  |  

Trust Stamp, a global provider of AI-powered identity services for use in banking finance, regulatory compliance, and more, has commenced trading on Nasdaq under the ticker symbol IDAI. This is an uplisting as Trust Stamp has been trading on OTC Markets. Gareth N. Genner, Trust… Read More

January 31, 2022 @ 11:25 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) has issued another Q&A about the pan-European securities crowdfunding rules. Updated rules addressing cross-border securities offerings or the European Crowdfunding Service Providers Regulation (ECSPR) went into effect across the entire European Union (EU) last November. But interested platforms must be approved… Read More

January 31, 2022 @ 11:10 pm By Omar Faridi  |  

Singapore-headquartered Insurtech firm 360F and AXA recently announced that they will be introducing a full-scale production of their advisory tool, called “My FinScore.” 360F had supported the launch of My FinScore with AXA Singapore earlier in January. The product was made available to AXA’s 700-strong… Read More

January 31, 2022 @ 10:49 pm By Omar Faridi  |  

Plentina, a Buy Now Pay Later (BNPL) Fintech focused on serving emerging markets, has teamed up with Southeast Asia’s digital retailer ZALORA in order to provide its short-term financing option. Residents of the Philippines may download the Plentina app to access loans valued at up… Read More

January 31, 2022 @ 10:37 pm By Omar Faridi  |  

Spendwisor Inc. has entered into an agreement with Gem Global Yield LLC SCS (GEM) in order to boost the existing facility size from QAR 190 million (appr. $50 million) to QAR 310 million (appr. $85 million). As mentioned in the update, this serves as a… Read More