December 2, 2021 @ 10:47 pm By Omar Faridi  |  

BNP Paribas Asset Management (BNPP AM) has reportedly announced several appointments within its Sustainability Centre in order to accelerate and strengthen its sustainable investment offering. As mentioned in an update shared with CI: “At the core of BNPP AM’s approach to sustainability, the Sustainability Centre… Read More

December 2, 2021 @ 10:39 pm By Omar Faridi  |  

Goalsetter, a Fintech platform dedicated to offering families and K-12 youth with access to banking, savings, investing, and financial education tools, has announced the closing of a $15 million Series A round that was led by Seae Ventures. Seae Ventures has reportedly been joined by… Read More

December 2, 2021 @ 9:37 pm By Omar Faridi  |  

Digital banking provider Bankjoy has announced the launch of its business banking platform, empowering its customers with the best tools to “help attract and drive loyalty among small businesses within their communities.” Recently surpassing 1 million members with access to its platform, Bankjoy’s virtual banking… Read More

December 2, 2021 @ 9:33 pm By Omar Faridi  |  

Anchor, the autonomous billing platform, announces that it has finalized a $15 million seed-funding round. Led by Rapyd Ventures, the new venture capital unit of Rapyd, Entrée Capital, an established venture capital firm that has invested in unicorns such as Monday.com and Riskified and Tal… Read More

December 2, 2021 @ 9:22 pm By JD Alois  |  

Last week, it was widely reported that Yaron Shalem, CFO of Celsius Network,  was allegedly arrested in Israel along with other individuals. Via Twitter, Celsius confirmed that an unnamed employee had been “suspended” while stating they have verified that no assets were misplaced or mishandled. … Read More

December 2, 2021 @ 4:43 pm By Omar Faridi  |  

Video games, the Metaverse and NFTs are all becoming increasingly popular in the digital age. Binance NFT claims it has become the largest centralized NFT gaming platform. Since June of this year, Binance NFT has become one of the largest centralized NFT gaming marketplace, onboarding… Read More

December 2, 2021 @ 4:40 pm By JD Alois  |  

Grab, an Asian delivery firm and Fintech, traded on the Nasdaq today as part of a SPAC deal that raised gross proceeds of USD $4.5 billion in the largest-ever U.S. public market debut by a Southeast Asian company. The value of the deal was pegged… Read More

December 2, 2021 @ 3:46 pm By Omar Faridi  |  

Decentralized application platform Moralis welcomes Craig Hammel to its team as a senior technical advisor. Appointing Craig Hammel, the first engineering hire of Coinbase, should bring his expertise to the Moralis project and improve the initiative’s capacity to “scale and encompass more blockchains.” Hammel will… Read More

December 2, 2021 @ 12:52 pm By JD Alois  |  

UK-based Fintech Wise (LSE:WISE) has provided an update on its expansion plans across North America. Yesterday, it was revealed that the Wise Card is now available in  Canada but the fast-growing firm has other items on its roadmap. Wise notes that its New York City… Read More

December 2, 2021 @ 12:18 pm By Omar Faridi  |  

Morgan Stanley (NYSE: MS) reveals that it has teamed up with Greenlight Financial Technology, Inc. in order to bring families an “easy, convenient way to teach kids about personal finance.” All Morgan Stanley CashPlus brokerage account holders are now able to sign up for a… Read More

December 2, 2021 @ 11:59 am By JD Alois  |  

During the opening comments at the Securities and Exchange Commission’s meeting of the Investor Advisory Committee, SEC Chair Gary Gensler once again rang the warning bell on the need for greater oversight of the fast-growing digital asset/crypto sector. Gensler stated in prepared remarks: “… with… Read More

December 2, 2021 @ 11:02 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Ivars Auzins, a citizen of Latvia with crypto asset fraud. The SEC states that the defendant also went under the names of Ron Ramsey and Daniel Gaines. According to a statement by the SEC, Auzins allegedly defrauded… Read More

December 2, 2021 @ 10:27 am By Omar Faridi  |  

Digital assets firm Kraken notes that the beauty of the Bitcoin (BTC) network is that “anyone can participate in it without permission.” However, primarily out of convenience, most Bitcoin users “don’t run nodes and instead trust third parties such as centralized exchanges and wallet providers… Read More

December 2, 2021 @ 10:19 am By JD Alois  |  

Structure, a DeFi trading platform, has raised $20 million in a round led by Polychain Capital. The funding was completed via a sale of its token $STXR. The investment set a valuation of Structure at $150 million. Other investors beyond Polychain, include Bixin Ventures and… Read More

December 2, 2021 @ 9:50 am By JD Alois  |  

Square (NYSE:SQ) is now Block. The name change and rebranding were announced yesterday in a statement that highlighted Square’s ongoing transition from payments to multi-faceted Fintech. Square/Block was founded by Jack Dorsey, the founder of Twitter who just recently exited his CEO role at the… Read More

December 2, 2021 @ 9:37 am By JD Alois  |  

Katipult (TSXV: FUND), a cloud-based private investment service for platforms, has announced that George Reznik has joined its board of directors, assuming the position of Chair, Audit Committee. Reznik is CFO of Tantalus Systems and is said to have more than twenty-five years of experience… Read More

December 2, 2021 @ 9:30 am By JD Alois  |  

Deel has announced the launch of “Deel Premium” a new service that facilitates remote hiring and compliance, worldwide. Deel has partnered with Insurtech Tint, a startup that provides an insurance-as-a-service platform. Tint’s best-in-class API allowed Deel to design, launch, and scale this new service. Deel… Read More

December 2, 2021 @ 9:15 am By JD Alois  |  

Ransomware attempts are said to rise by 30% monthly, on average, during the holidays, according to a note by Darktrace. The cybersecurity firm says that its researchers are comparing global data from 2018 to 2020 When comparing November and December to January and February, the… Read More

December 2, 2021 @ 8:56 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced a new partnership with First National Bank of Omaha (FNBO), on a next generation credit card programs. Marqeta is a modern card issuing platform that works with Fintechs as well as traditional financial services firms. The company notes that the COVID… Read More

December 2, 2021 @ 8:47 am By Omar Faridi  |  

Prospective users of the forthcoming large-value payment system T2 are able to begin testing the functionalities of the system as of December 1, 2021. The testing is scheduled to run over the coming year and will “allow participants to prepare for a smooth migration to… Read More