December 9, 2021 @ 10:00 pm By Tony Zerucha  |  

New research from online pension provider PensionBee has found 88 per cent of Brits don’t feel confident about the key agreements that arose from COP26. In the weeks since the UK hosted world leaders for the 26th United Nations Climate Change Conference (COP26), PensionBee discovered… Read More

December 9, 2021 @ 9:57 pm By Tony Zerucha  |  

The six-month wait was worth it. The Monetary Authority of Singapore (MAS) has reportedly approved Nityo Infotech’s $100 million investment in MatchMove, a Singapore-based digital payments and banking fintech. The assent of the deal, which was originally agreed to in early summer, was reported by… Read More

December 9, 2021 @ 9:53 pm By Tony Zerucha  |  

Duality Technologies, a provider of privacy-enhanced data collaboration solutions, today released Inter-Bank Privacy-Enhanced Information Sharing: Fraud Detection and Prevention a report authored by financial services advisory firm Aite-Novarica. The report analyzes how Canadian financial institutions can engage in information sharing based on privacy-enhancing technologies (PET)… Read More

December 9, 2021 @ 5:48 pm By Tony Zerucha  |  

Polygon, Ethereum’s most used scaling platform, today announced a $400 million deal with zero-knowledge (ZK) startup Mir as part of the next step in scaling Ethereum and bringing millions of users to Web 3. With this acquisition, Polygon said it gains access to the world’s… Read More

December 9, 2021 @ 4:42 pm By JD Alois  |  

Rialto Markets, a broker-dealer active in the crowdfunding sector, is raising growth capital under Reg CF. Rialto has selected NetCapital, a funding portal, to complete this funding round. According to the offering page, Rialto is seeking up to $4,999,999  of Series A-2 Units. The company… Read More

December 9, 2021 @ 4:17 pm By Tony Zerucha  |  

Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, today announced they have taken a post-money stake of 18 per cent in Hg Exchange (HGX), subject to regulatory requirements. HGX is a Southeast Asian member-driven private securities exchange, founded by financial institutions PhillipCapital,… Read More

December 9, 2021 @ 4:14 pm By Tony Zerucha  |  

Mambu, a modern SaaS banking platform, has raised $265 million in Series E funding, a total it says is the largest financing round to date for a banking software platform. EQT Growth led the round,. The funding brings the company’s valuation to €4.9 billion. The… Read More

December 9, 2021 @ 3:56 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Office of the Advocate for Small Business Capital Formation, is a relatively new entity at the SEC. The Advocate was created in recognition of the fact that smaller firms in need of growth capital too frequently get ignored by… Read More

December 9, 2021 @ 2:35 pm By Tony Zerucha  |  

Resolve, a provider of net terms-as-a-service and buy now, pay later (BNPL) solutions, announced today it has raised an additional $25 million in strategic equity funding to meet rising demand from B2B companies seeking to simplify their net terms payments and embed B2B BNPL solutions into… Read More

December 9, 2021 @ 2:30 pm By Omar Faridi  |  

Zafin has reportedly joined the IBM Z and Cloud Modernization Center, which is a digital front door comprised of tools, training and ecosystem partners to “help IBM Z clients accelerate the modernization of their applications, data and processes in an open hybrid cloud architecture.” This… Read More

December 9, 2021 @ 11:46 am By Tony Zerucha  |  

Nobul Technologies, a consumer-centric real estate technology company, announced this week it has crossed $5 billion in completed sales. The technology marketplace empowers home buyers and sellers to evaluate customized offers from real estate agents who submit bids to compete for their business. The platform… Read More

December 9, 2021 @ 11:44 am By Omar Faridi  |  

Avast (LSE:AVST), an international provider of digital security and privacy, has announced the acquisition of Evernym. The US firm was “instrumental to the invention of self-sovereign identity, with leading contributions from their Chief Trust Officer, Drummond Reed, and others in the company working within the… Read More

December 9, 2021 @ 11:10 am By JD Alois  |  

Tokeny, a European tokenization platform, is enabling the Tokenchampion’s tokenization. Tokenchampion is said to be the first investment fund that tokenized debt for the “acquisition and management of international football players’ image rights.” Luc Falempin, Tokeny founder and CEO, commented on the news: “The Tokenchampions… Read More

December 9, 2021 @ 10:44 am By JD Alois  |  

Global VC firm Antler has closed on a new UK fund, according to a statement by the company. The UK fund  closed at £21.4 million and will be used to enable Antler’s UK team to build a portfolio of around 70 companies in the UK. … Read More

December 9, 2021 @ 10:31 am By JD Alois  |  

The Association of German Credit Platforms (VdK) has accepted nordIX AG as a full member. VdK advocates for the professional, honest and transparent design of  online debt financing as well as compliance with the high standards by all market participants. NordIX AG, founded in 2009,… Read More

December 9, 2021 @ 10:01 am By JD Alois  |  

Creditspring says its customers have grown by almost 430% in the last 12 months having surpassed 100,000 customers. Last July, the direct lender reported topping 50,000 customers. Creditspring is a “credit subscription service” that is regulated by the UK Financial Conduct Authority. Option Finance has… Read More

December 9, 2021 @ 9:51 am By Omar Faridi  |  

Pontoro, the financial tech firm focused on creating the first institutional-grade digital asset securitization and liquidity platform to address “the $15 trillion shortfall in infrastructure debt finance by enabling broader investor participation,” has announced a $6 million preferred seed round that was led by Ulu… Read More

December 9, 2021 @ 9:13 am By Omar Faridi  |  

Zeta Markets, a decentralized finance (DeFi) futures and options exchange built on Solana, has announced that it finalized an $8.5M funding round that was led by Jump Capital. The investment round, carried out via private token sale, had participation from Race Capital, Electric Capital, DACM,… Read More

December 9, 2021 @ 9:04 am By JD Alois  |  

Nu Holdings or Nubank, will trade on the New York Stock Exchange today under the ticker symbol “NU”. Nubank, based in Brazil, is one of the most successful digital banks in the world. The pricing gives Nubank a valuation of over $40 billion. The company… Read More

December 9, 2021 @ 7:48 am By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service, has announced the launch of the Klarna browser extension, which had been in “beta testing with over 100,000 consumers.” The extension enables consumers to “shop with Klarna’s flexible payment options on their desktop at every online… Read More