SEC Charges the Hydrogen Technology Company, Executives for Allegations Regarding Unregistered “Sales of Crypto Asset Securities”

The Securities and Exchange Commission (SECI  has filed charges against The Hydrogen Technology Corporation, former CEO, Michael Ross Kane, and Tyler Ostern, the CEO of Moonwalkers Trading Limited, for allegations regarding the sale of unregistered “crypto asset securities” of Hydro. The SEC also alleges that… Read More

Digital Assets: Gemini, Betterment to Bring Diversified Crypto Portfolios to Investors

The team at Gemini is pleased to announce a partnership with Betterment, which claims to be one of the largest independent digital investment advisors in the U.S., in order “to begin offering crypto investment portfolios to customers across its retail and Betterment for Advisors offerings.”… Read More

Binance Labs Leads $8.5M Seed Funding for Bitquery to Support Development of Blockchain Data Solutions

Binance Labs, the venture capital arm and accelerator of Binance, led a $8.5 million seed funding round for Bitquery as part of its ongoing drive “to support innovative blockchain data solution providers.” The investment round was “co-led by dao5, with Susquehanna, DHVC, INCE Capital, and… Read More

Regtech Trulioo Expands International Presence to Singapore

Trulioo, a global identity verification company, has expanded to Singapore in response to growing customer demand in the Asia-Pacific (APAC) region. The move allows Trulioo “to directly serve its extensive and expanding enterprise-level APAC customer base.” Steve Munford, CEO of Trulioo, said: “As businesses in… Read More

NAB Ventures Leads $6M Investment in Fintech Platform Thriday

Thriday, the “all-in-one” financial management platform, takes another leap on its mission to become the fastest way for SMEs “to manage their banking, accounting, and tax with a circa $6 million pre-Series A round led by NAB Ventures and significant participation from existing investor Lempriere… Read More

Recurly Enhances Revenue Recognition Solution, Helping Subscription Businesses Automate Accounting Processes

Recurly, Inc., a subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a revenue recognition and forecasting solution. This acquisition will “create a single source for subscription management, recurring billing, and revenue management that empowers Recurly customers to better… Read More

ACH Colombia Provides Enhanced Digital Payments Experience with Volante Technologies

Volante Technologies, which claims to be the global leader in cloud payments and financial messaging, announced that ACH Colombia, a financial technology company, “has gone live with a new banking portal featuring a superior digital payments experience aligned with the social media and ecommerce platforms… Read More

Anchorage Digital Introduces Aptos Mainnet Custody Support at Launch

Anchorage Digital is pleased to announce its role “as one of the preferred institutional custodians for Aptos at mainnet launch.” Aptos is described as “a next-generation Layer 1 blockchain, built with safety and user experience in mind, enabling developers to build scalable, consumer-ready projects.” The… Read More

Congressman McHenry Announces Capital Formation Agenda: Rodney Sampson States SEC is Heading in Wrong Direction

Congressman Patrick McHenry, the ranking Republican on the House Financial Services Committee, has announced a “capital formation agenda.” McHenry said that Republicans want to bring the issue “back to the forefront” helping small businesses and entrepreneurs. McHenry said that capital formation is a vital to… Read More

Cross-Border Payment Group Zepz Reaches Profitability in H1 ’22

Zepz, the group making remittance payments fair, fast and affordable by powering global cross-border remittance brands WorldRemit and Sendwave, recently announced the 2021 financial results that will be “published in its upcoming Companies House Listing Annual Report as well as an H1 ‘22 performance update,… Read More


Digital Remittances Market Enjoys Significant Boost Amid After-effects of Covid-19

When COVID-19 cases first appeared in late 2019, its contagion abilities were wildly unanticipated by world leaders, and it was ungracefully downplayed by mainstream media. This caused a subsequent uncontrollable outbreak that eventually dampened the quality of life for billions and dented economies across the… Read More

Samsung India, Axis Bank Introduce Co-branded Credit Card

Samsung, which claims to be India’s largest consumer electronics company, and Axis Bank, India’s third largest private sector bank, have partnered “to launch an exclusive co- branded credit card, powered by Visa.” With the Samsung Axis Bank Credit Card, consumers will “get 10% cashback across… Read More

Irish Life Chooses Stripe to Enable Smart Invest App Payments

Stripe, a financial infrastructure platform for businesses, announced that the life insurance and pensions company Irish Life has chosen Stripe as “a strategic payments provider for its Smart Invest app.” The partnership will “make it easier for Smart Invest users to initiate both one-off and… Read More

Grab Targets Group Adjusted EBITDA Breakeven by H2 2024 as it Focuses on Profitability

Grab Holdings Limited (NASDAQ: GRAB) announced at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA basis “by the second half of 2024, as it accelerates its path to profitability.” For the second half of 2022, Group Adjusted… Read More

Checkmate, a Smart Shopping Tool Provider, Announces $5M Seed Funding Round

Chess Strategy

Checkmate, a personalized smart shopping tool that makes it easy for users to discover brands, apply savings and manage their orders post-purchase, announced it has secured a $5 million seed funding round led by Fuel Capital. Checkmate will use the new investment “to accelerate its… Read More

Mastercard’s Ethoca Partners with ChargebackZero to Reduce Chargebacks

ChargebackZero is partnering with Ethoca, a Mastercard company, “to help merchants minimize chargebacks, lower consumer transaction confusion, and share details of confirmed fraud and dispute information.” As part of the integration, the firm would help “prevent chargebacks using an alert mechanism.” These Chargeback alerts are… Read More

Visa, Square Deliver Faster Transfers to Canadian Businesses

Visa (NYSE: V), one of the world’s leaders in digital payments, has announced its participation in the Canadian expansion of instant transfers, Square‘s solution for rapid merchant settlement. Square’s instant transfers are “enabled by Visa Direct, a VisaNet processing capability helping transform global money movement… Read More

Affirm, Amazon Introduce Pay-Over-Time Option to Customers in Canada

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced the expansion of its relationship with Amazon to Canada, bringing “increased payment flexibility and transparency to customers shopping on Amazon.ca.” This payment option will be “available during checkout to all… Read More

Digital Asset Firm Nexo Acquires Stake in Chartered Bank – Summit National Bank

Nexo, a digital asset firm that describes itself as the “world’s leading regulated institution for digital assets,” has acquired an ownership stake in Hulett Bancorp (DBA Mode Eleven), the parent company of Summit National Bank. Summit National Bank is a federally chartered financial institution. Terms… Read More

Fintech Galaxy Brings Open Finance Experience to MENA region

Fintech Galaxy, which claims to be one of the industry-leading financial innovation companies, has announced the addition of a team of global Open Banking/Finance experts “as it looks to ramp up its product offering and presence across the MENA region.” Appointments reportedly “include Salt Edge’s… Read More

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