November 16, 2021 @ 9:05 pm By Omar Faridi  |  

A firm’s ESG ratings have become increasingly important to investors and shareholders and achieving an accurate understanding of those ratings has become quite complex and time-consuming. In order to assist firms with better understanding and monitoring their ESG ratings, Broadridge Financial Solutions (NYSE: BR), an… Read More

November 16, 2021 @ 5:19 pm By JD Alois  |  

Gone is the modern speedometer logo and in its place is a “more optimistic” look for the Wealthtech Betterment. Betterment is pushing back on the current state of political division and ubiquitous acrimony with a warmer brand, kind of like a rising sun. In a… Read More

November 16, 2021 @ 5:01 pm By JD Alois  |  

nCino  (NASDAQ: NCNO) has agreed to acquire SimpleNexus for cash and stock valued at $1.2 billion or $240 million in cash and approximately 13.2 million shares of nCino common shares. SimpleNexus is a digital consumer-facing platform that is said to touch 1 in every 7 mortgage… Read More

November 16, 2021 @ 4:28 pm By Omar Faridi  |  

Market participants are currently able to apply their environmental, social, and governance (ESG) principles to the assets they’re willing to “accept as collateral,” utilizing ESG Data Analytics provided by BNY Mellon (NYSE: BK). As mentioned in the announcement: “In a milestone development for the collateral… Read More

November 16, 2021 @ 4:14 pm By Tony Zerucha  |  

Southeast Asian “super-app” Grab is working to restore service today, the company said. Customers across Singapore, Thailand, Malaysia, and Indonesia have reported trouble using the super-app, with some voicing their frustrations on social media. “We experienced a service disruption this morning that impacted a number… Read More

November 16, 2021 @ 4:00 pm By Omar Faridi  |  

Synonym Software Ltd, a firm founded with the goal of bringing self-ownership and control to the crypto-asset ecosystem by “creating an open and free web of trust” has officially launched today (on November 16, 2021). As mentioned in an update shared with CI, the preface… Read More

November 16, 2021 @ 3:43 pm By Tony Zerucha  |  

Paradigm, a firm investing in cryptocurrency-based startups, said this week it has raised $2.5 billion from investors to create the largest-ever cryptocurrency investment fund. If true, it would kick Andreessen Horowitz out of the top spot. The sum also surpasses the initial $1.5 billion target…. Read More

November 16, 2021 @ 12:42 pm By Omar Faridi  |  

Newt Corporation is pleased to confirm the signing of an agreement with Blackhawk Network in order to operate the software-as-a-service or SaaS payment platform that “enables Blackhawk to provide digital products and services to BBVA, the largest financial institution in Mexico.” Sergio Maya Aleman, CEO… Read More

November 16, 2021 @ 12:36 pm By JD Alois  |  

NFTfi, a marketplace for non-fungible token (NFT) collateralized loans, says it has raised a $5 million Series A funding round. According to NFTfi, the round was led by 1kx, an early-stage crypto fund and will allow NFTfi to grow its operations, marketing, and product development… Read More

November 16, 2021 @ 10:29 am By JD Alois  |  

LedgerEdge, a digital corporate bond trading marketplace, has hired senior fixed-income executive Dom Holland to take the role of Business Development for the US. Holland will report to new CEO Michelle Neal. Holland brings over 15 years of senior leadership to his new role. He… Read More

November 16, 2021 @ 10:23 am By JD Alois  |  

Paysend, a payments Fintech, says that it has topped 5 million customers with 500,000 arriving in the past 6 months. Paysend, founded 5 years ago, claims to be one of the fastest growing Fintechs in the world. Paysend’s platform is designed to remove the need… Read More

November 16, 2021 @ 10:10 am By JD Alois  |  

Mintable, an NFT [non-fungible token] marketplace, says it is poised to become the world’s largest NFT platform as  it aggregates all NFTs on the Ethereum blockchain. According to a release, Mintable now displays every single NFT ever minted on Ethereum. Mintable claims that it is… Read More

November 16, 2021 @ 10:00 am By Omar Faridi  |  

Podium, a communication and payments platform for local businesses, announced on November 15, 2021 that it has acquired $201 million in capital via a Series D round that has been led by YC Continuity, along with contributions from Durable Capital Partners, Arpex Capital, Accel, Album… Read More

November 16, 2021 @ 9:09 am By JD Alois  |  

Upgrade has received an upgrade of its own. The neobank has just announced $240 million in funding at a pre-money valuation of $6 billion. It was just last August when Upgrade raised Upgrade has raised $105 million in a Series E funding round at a… Read More

November 16, 2021 @ 8:52 am By JD Alois  |  

Real estate lending platform LendingHome has rebranded as Kiavi as part of a larger strategic initiative, according to the company.  The new brand is said to reflect the company’s mission of helping “real estate investors realize the full potential of their real estate investment strategies…. Read More

November 16, 2021 @ 8:26 am By Omar Faridi  |  

UK-based digital banking platform, Starling Bank has reportedly acquired a mortgage book valued at about £1 billion as the Fintech tries to challenge the United Kingdom’s established banks. Starling Bank has reportedly obtained the home loans portfolio from Kensington Mortgages, which offers financing for clients… Read More

November 16, 2021 @ 8:24 am By Omar Faridi  |  

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

November 16, 2021 @ 7:28 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (November 15) that for the week ending November 12,… Read More

November 16, 2021 @ 7:24 am By Omar Faridi  |  

On November 14th, 2021, block height 709,632, Bitcoin’s (BTC) Taproot upgrade was activated. This critical update brings with it several important enhancements to the overall flexibility, security, and efficiency of BTC transfers. And as Bitcoin’s first protocol upgrade in more than 4 years, it’s a… Read More

November 16, 2021 @ 6:58 am By Omar Faridi  |  

TP ICAP Group, a provider of market infrastructure, reveals that it has appointed Sebastien Rozes to serve as Regional CEO for the EMEA region, currently subject to approval from the UK Financial Conduct Authority (FCA). Sebastien, based out of London offices, is an experienced financial… Read More