December 8, 2021 @ 10:10 am By Omar Faridi  |  

The team at Play-and-Earn game MonkeyBall is confirming that they have beefed up their list of backers. MonkeyBall, a Solana-based gaming platform, stated that it’s pleased their partners wanted to join the MonkeyBall journey and were able to hand-pick backers with a solid reputation and… Read More

December 8, 2021 @ 9:48 am By Omar Faridi  |  

TRM Labs, the blockchain intelligence firm, has announced that it secured $60 million via a Series B round. TRM Labs‘ investment round has been led by Tiger Global along with contributions from financial institutions including American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital,… Read More

December 8, 2021 @ 8:37 am By JD Alois  |  

Later today (December 8, 2021), the House Committee on Financial Services will hold a hearing entitled, “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.”  This hearing will be widely scrutinized by the Fintech sector… Read More

December 8, 2021 @ 8:22 am By Omar Faridi  |  

Dock, a provider of modern financial technology infrastructure in Latin America, announced the completion of its acquisition of Cacao, a card processing solutions provider operating in Mexico, from now on “branded also as Dock.” The deal expands Dock’s regional presence and “advances its goal of… Read More

December 8, 2021 @ 7:52 am By Tony Zerucha  |  

Capchase, a provider of non-dilutive capital for recurring-revenue companies, will expand to Denmark, Sweden, and Finland, the company announced this week. Commensurate hiring to staff the growth will soon begin. The move builds on Capchase’s customer growth in the Nordics since launching in Europe in… Read More

December 8, 2021 @ 7:50 am By Omar Faridi  |  

Westpac announced on December 7, 2021, that it has agreed to terms to acquire money management app, MoneyBrilliant from AMP Limited and management shareholders. As noted in the update from Westpac, MoneyBrilliant is a budgeting and cashflow tool that “helps users manage their money by… Read More

December 8, 2021 @ 7:47 am By Omar Faridi  |  

Metro Bank (LSE:MTRO), the United Kingdom’s community bank, has introduced its Magic Money Christmas Tree marketing campaign with the goal to raise funds via a gold coin mechanism for various children’s charities through its 78 stores. Created by Metro Bank’s in-house studio and domestic agencies… Read More

December 8, 2021 @ 5:00 am By JD Alois  |  

Telos has announced that Telos Kitchen DAO LLC has purchased 35.84 acres in Laramie River Ranch, Wyoming with block rewards received from the network. Telos is a decentralized blockchain. Telos Kitchen is a block producer on the Telos blockchain. The property was purchased with tokens… Read More

December 7, 2021 @ 8:16 pm By Tony Zerucha  |  

As 2022 looms for the e-commerce industry, it will be shaped by several key factors, Forter president Liron Damri believes. He said regulation will play an even more significant role than it has in the past, especially for companies dealing with the European Economic Area… Read More

December 7, 2021 @ 6:05 pm By Tony Zerucha  |  

Layer 2 scaling solution Nahmii recently announced its first verifiers are running full nodes on Nahmii’s network. Last month’s Nahmii 2.0 mainnet launch marked was a milestone for Ethereum’s future of scalable, user-friendly, and secure applications, the company said. Verifiers, including DARMA Capital, Delta Blockchain… Read More

December 7, 2021 @ 6:00 pm By Omar Faridi  |  

State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, has announced that the companies have completed the margin calculation process “for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology.” As mentioned in the… Read More

December 7, 2021 @ 5:57 pm By JD Alois  |  

President Joe Biden has withdrawn the nomination of Saule Omarova to become the Comptroller of the Currency, according to a statement by the Whitehouse. The Office of the Comptroller of the Currency is an independent bureau under the US Department of Treasury and the lead… Read More

December 7, 2021 @ 5:09 pm By Omar Faridi  |  

bolttech, the fast-growing global Insurtech, has announced that it has welcomed another strategic investor, BRV Capital Management (BRV), an Asia-headquartered investment platform. As mentioned in an update shared with CI, the addition follows bolttech’s announcement of Series A investors including Activant Capital, Tony Fadell –… Read More

December 7, 2021 @ 5:08 pm By Tony Zerucha  |  

Hummingbird Regtech, a provider of risk and compliance technology, this week announced the company has raised $30 million in Series B funding. The raise brings the total venture backed funding total to $41.8 million, and follows Hummingbird’s $8.2 million Series A in 2020. This new… Read More

December 7, 2021 @ 5:04 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has scheduled a Fintech and Cybersecurity Symposium to take place on December 14, 2021. NASAA represents state, Canadian provincial, and Mexican securities regulators and thus play a key role in fraud enforcement and regulation. NASAA has 67 members,… Read More

December 7, 2021 @ 3:41 pm By Omar Faridi  |  

Following a seed round, the Gaia EverWorld team has announced an NFT sale via a collaboration with the Binance NFT marketplace, as well as securing a grant from the Polygon Foundation, and “completed a successful IDO.” The land sale will “allow Gaia EverWorld to claim… Read More

December 7, 2021 @ 3:20 pm By Tony Zerucha  |  

New analysis from leading online pension provider PensionBee reveals men’s average quarterly contribution amounts increased by 32 per cent, from £801 in Q3 2020 to £1,058 in Q3 2021. Women’s average quarterly contribution amounts also increased by 15 per cent in the same period, from… Read More

December 7, 2021 @ 3:17 pm By Tony Zerucha  |  

Cryptocurrency options trading platform PowerTrade has released Power Protocol (aka Power Pro), a decentralized derivatives protocol with a set of features including span portfolio margin across all products, multi-collateral USD-contracts, derivatives trading tools, and an RFQ protocol, all available via mobile (IOS and Android) and… Read More

December 7, 2021 @ 11:17 am By Omar Faridi  |  

CME Group, which claims to be the most diverse derivatives marketplace, has launched Micro Ether futures, further “expanding its suite of cryptocurrency derivatives offerings, and marking its second micro cryptocurrency product this year.” Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment… Read More

December 7, 2021 @ 10:58 am By JD Alois  |  

Locket, an Insurtech raising capital on Seedrs, says it hit its funding goal in just 10 minutes last Friday. The initial offering sought £750,000 in a convertible security that holds a 15% discount to a future priced round. The investment is EIS eligible and holds… Read More