December 16, 2021 @ 9:01 am By JD Alois  |  

Former Securities and Exchange Commission Chairman Jay Clayton visited with CNBC yesterday to discuss meme stocks but he also had the opportunity to share his opinion on crypto. During the show, Clayton professed that he has, “long believed that the rules in that area are… Read More

December 16, 2021 @ 7:55 am By Omar Faridi  |  

Balancer Labs has announced the launch of Boosted Pools. Boosted Pools aim to “solve for decreased capital efficiency with yields on tokens deposited into Automated Market Maker Pools.” The first iteration of this product will be with Balancer’s “close collaborator, lending protocol Aave.” Fernando Martinelli,… Read More

December 16, 2021 @ 7:52 am By Omar Faridi  |  

Twig, the London-headquartered Fintech firm that’s bridging the gap between finance and re-sale, has shared its inaugural whitepaper which highlights “the new way in which Gen Z are consuming, based upon a total cost of ownership and a commitment to a sustainable lifestyle.” As mentioned… Read More

December 16, 2021 @ 7:49 am By Omar Faridi  |  

The team at Ramp is pleased to confirm that they have secured $10.1 million in funding to take the platform to the next level and “continue pushing the frontier of what’s possible in the crypto space.” Ramp’s management noted that their seed round was led… Read More

December 16, 2021 @ 1:17 am By JD Alois  |  

Last week, CI reported that Uniti, a Swedish electric vehicle (EV) company that has raised capital several times with securities crowdfunding offerings, was close to shuttering operations. In recent years, Uniti has raised funding on both Crowdcube and FundedByMe. Uniti said it needed to raise… Read More

December 15, 2021 @ 11:25 pm By Omar Faridi  |  

Trumid, a Fintech firm and fixed income electronic trading platform, is pleased to confirm that J.P. Morgan (NYSE: JPM) will be joining its trading platform and client network as a strategic partner. As mentioned in the announcement, J.P. Morgan will be utilizing Trumid’s Attributed Trading… Read More

December 15, 2021 @ 10:29 pm By Tony Zerucha  |  

FSS (Financial Software and Systems), a provider of integrated payment products and processing, along with CSB Bank, one of the oldest private sector banks in India, have joined forces to deliver hyperlocal banking services to financially underserved segments. Under this partnership, CSB Bank and FSS… Read More

December 15, 2021 @ 10:12 pm By Omar Faridi  |  

Mercado Libre, a tech company and one of the largest digital commerce firms in Latin America, confirms the acquisition of Redelcom, a Chilean firm that has been operating since 2010 as a payment services provider and in October 2019 started providing point-of-sale (POS) terminals with… Read More

December 15, 2021 @ 9:07 pm By Omar Faridi  |  

Alkymi, the provider of data workflow automation solutions, has announced the onboarding of Interactive Brokers Group, Inc., an automated electronic broker that operates “one of the largest electronic trading platforms by volume in the US.” The announcement also mentioned that the company chose Alkymi Data… Read More

December 15, 2021 @ 6:45 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has introduced a solution designed to help B2B transactions occur faster, “with a higher degree of certainty and at a lower cost.” The OnboardConnect solution brings together differentiated data sources and analytics that ‘Only Equifax’ can offer to “enable near real-time business… Read More

December 15, 2021 @ 6:26 pm By Tony Zerucha  |  

APEXX, a global payments platform, earlier this week announced a long-term strategic partnership on buy now pay later (BNPL) with Worldline, a provider of payments and transactional services industry. As part of the strategic partnership, Worldline will enable their global e-commerce merchants to access BNPL… Read More

December 15, 2021 @ 5:10 pm By Tony Zerucha  |  

Recent analysis from London-based Nickel Digital Asset Management reveals 20 listed companies with a market cap north of $1.0 trillion have around $9.6 billion invested in Bitcoin. They originally spent $5.9 billion buying the cryptocurrency. North American corporations dominate the listed company investment in Bitcoin… Read More

December 15, 2021 @ 5:08 pm By Omar Faridi  |  

Engagement Banking technology provider Backbase has announced that it is teaming up with Blue Federal Credit Union, a credit union with head offices in Wyoming and serving communities across the Western United States, to “reinvent the digital experience for all of Blue’s retail and business… Read More

December 15, 2021 @ 5:04 pm By Tony Zerucha  |  

Bitcoin panic-sellers are “practically giving away” their cryptocurrencies to wealthy buyers who will use the digital assets as an inflation shield, deVere Group CEO Nigel Green believes. The observation comes as Bitcoin and other leading cryptocurrencies steadied slightly ahead of the U.S. Federal Reserve’s meeting… Read More

December 15, 2021 @ 4:54 pm By Tony Zerucha  |  

AI-powered finance concierge Zeni today announced it has appointed Carl Hekkert as Chief Financial Officer of customer success and Collin Cadmus as chief revenue officer, both the first executives to hold the roles at the company. Hekkert and Cadmus join at a time of rapid… Read More

December 15, 2021 @ 2:44 pm By Tony Zerucha  |  

Ledn, a global digital asset savings and credit platform, today announced it successfully raised $70 million in a Series B funding round which brings its valuation to $540 million. 10T Holdings led the round while Golden Tree Asset Management, Raptor Group and FJ Labs were… Read More

December 15, 2021 @ 2:39 pm By Tony Zerucha  |  

The Giving Block, a crypto philanthropy platform, has launched Private Client Services, a premium cryptocurrency donation experience specifically tailored to the needs of high-net worth individuals, institutions and advisors. High-value donors now have access to a suite of services including white-glove donation execution as well… Read More

December 15, 2021 @ 12:38 pm By JD Alois  |  

Securitize has launched two tokenized index funds – the first of their kind. According to a statement from Securitize, the Fintech has leveraged blockchain technology to offer the following S&P indices: The Securitize S&P Cryptocurrency Large Cap Ex-MegaCap Index The Securitize S&P Kensho New Economies… Read More

December 15, 2021 @ 12:26 pm By JD Alois  |  

Masterworks.io, a digital investment platform that is enabling smaller investors to participate in the art sector, has selected Equity Stock Transfer, LLC as their transfer agent for securities issued by their platform. Masterworks leverages the Reg A+ securities exemption to offer fractionalized art investments and… Read More

December 15, 2021 @ 12:15 pm By JD Alois  |  

Assetz Capital, a peer-to-peer lending platform for secured loans, says it has provided a £1.3 million loan to Amor Homes Ltd to complete its luxury development in Cheshire. Assetz Capital states that having built four luxurious homes in South Cheshire the developers are now exiting… Read More