October 26, 2020 @ 8:34 am By Samantha Hurst  |  

PrimaryBid, an online funding platform that enables investors to gain access to placings of AIM-listed companies, it secured $50 million through its Series B investment round. According to PrimaryBid,  the investment follows a period of growth in 2020, which includes the platform offering retail investors… Read More

October 26, 2020 @ 7:53 am By Omar Faridi  |  

Benjamin Quinlan, CEO and Managing Partner at Quinlan & Associates, notes that there’s now an “army” of advisors being engaged to support the initial public offering (IPO) of Ant Group, which was previously known as Ant Financial, the world’s most valuable Fintech firm and a… Read More

October 26, 2020 @ 7:49 am By Omar Faridi  |  

NGRAVE, a digital asset security company that claims it has developed the world’s most secure cryptocurrency hardware wallet, notes that it will be adding support for the UTU token. The NGRAVE team explains in a blog post that the UTU token offers new and unique… Read More

October 25, 2020 @ 11:11 pm By Samantha Hurst  |  

  Snoop, a UK-based smart money mobile app, is set to close its equity crowdfunding campaign on Seedrs with nearly £5.7 million raised. The funding round launched last month and originally sought to raise £5 million. It has so far attracted more than 1400 Seedrs… Read More

October 25, 2020 @ 11:06 pm By Samantha Hurst  |  

BitTorrent, Inc., a peer-to-peer protocols and products firm, recently announced it is set to acquire live streaming platform DLive.tv and migrate all BitTorrent related services to one unified ecosystem named BitTorrent X. According to BitTorrent, BitTorrent X “represents” the transformation of the BitTorrent platform. “BitTorrent… Read More

October 25, 2020 @ 10:54 pm By Samantha Hurst  |  

Crowdcube, one of the leading UK investment crowdfunding platforms, recently announced it has celebrated a  new milestone: now having one million members. The funding portal reported its community has made more than 800,000 investments, with £1 billion having been invested in campaigns. Founded in 2010,… Read More

October 25, 2020 @ 10:31 pm By Samantha Hurst  |  

Coterie, a U.S.-based commercial insurtech, recently announced it has formed a new partnership with Intuit QuickBooks to deliver business insurance to QuickBooks customers through the QuickBooks Online small business platform. This news comes right now after Intuit Quickbook announced its collaboration with Next Insurance. Coterie… Read More

October 25, 2020 @ 10:28 pm By Omar Faridi  |  

Joe Robinson, Co-Founder and CEO at Hummingbird, a modern platform for anti-money laundering (AML) that makes investigations “agile and intelligent,” says that it took some time before traditional banks began to view Fintech firms as legitimate business partners that could help them with their digital… Read More

October 25, 2020 @ 9:26 pm By Omar Faridi  |  

Hong Fang, CEO at Singapore-based OKCoin, a regulated cryptocurrency exchange, says she first heard about Bitcoin (BTC) in 2012. But it wasn’t until 2016 that she began to realize Bitcoin’s potential as a globally accessible medium of exchange or store of value. Hong noted during… Read More

October 25, 2020 @ 8:35 pm By Omar Faridi  |  

Digital commerce platforms with experience-centric models are attractive to investors because of their focus on “long-term value creation,” according to a report from KPMG. Other businesses are also taking advantage of the benefits of experience-centric models, including ridesharing apps, media channels, Edtech companies, healthcare service… Read More

October 25, 2020 @ 8:25 pm By Omar Faridi  |  

India is now home to more than 2,000 Fintech companies and has become one of the world’s largest financial technology markets (after the US, China and UK), according to a report from McKinsey & Company that was released earlier this month. The report notes that… Read More

October 25, 2020 @ 6:23 pm By Omar Faridi  |  

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has launched its first (transaction) validator in the Cosmos ecosystem. MANTRA DAO’s new validator node will allow users to earn… Read More

October 25, 2020 @ 5:02 pm By Omar Faridi  |  

The COVID-19 pandemic has accelerated the shift to digital with financial services, according to a recent report from TransUnion (NYSE:TRU), a financial services data platform and credit report provider. The report notes that the Coronavirus outbreak sent “shockwaves” through the financial services sector and has… Read More

October 25, 2020 @ 4:00 pm By Omar Faridi  |  

Henri Arslanian, the Crypto Leader at PwC Global, says that there’s never a dull moment in the crypto and blockchain space. Arslanian, who’s also a keynote speaker and best-selling author, notes that PayPal recently announced that it will be allowing its customers to buy, hold… Read More

October 25, 2020 @ 3:59 pm By Xu Gao  |  

PBC Digital Currency Research Institute and Rural Credit Bank Fund Clearing Center Sign a Strategic Cooperation Agreement On October 20th, the Digital Currency Research Institute of the People’s Bank of China (hereinafter referred to as the Institute of Digital Currency Research) and the Rural Credit… Read More

October 25, 2020 @ 2:57 pm By Omar Faridi  |  

Adena Friedman, President and CEO of Nasdaq, the world’s second-largest stock exchange with a market cap of over $17 trillion, says that emerging technologies (Emtech) continue to “drive the evolution” of capital markets.  As covered, Friedman believes that Cloud technologies will transform financial services and… Read More

October 25, 2020 @ 2:55 pm By Omar Faridi  |  

Michael Walkinshaw from TIMIA Capital notes that the acquisition demand for software-as-a-service (SaaS) companies has become even stronger in a post COVID world. He states that there has been a noticeable increase in SaaS growth equity funding and M&A activity during the past few months…. Read More

October 25, 2020 @ 2:51 pm By Omar Faridi  |  

The Qtum Foundation, an organization that supports the ongoing development of Qtum (QTUM), a platform for creating decentralized applications that aims to leverage certain technical aspects related to the security of the Bitcoin (BTC) network while providing smart contract functionality (somewhat similar to Ethereum), have… Read More

October 24, 2020 @ 5:43 pm By JD Alois  |  

Every two years, the Federal Deposit Insurance Corporation (FDIC) completes a report on the status of banking in the US. The recently released report, “How America Banks: Household Use of Banking and Financial Services,” says that a record low 5.4% of U.S. households were unbanked… Read More

October 24, 2020 @ 3:30 pm By Omar Faridi  |  

Indonesia is one of Southeast Asia’s largest markets for digital platforms and services. The country offers an attractive business environment and opportunities for investors who are interested in projects that aim to take advantage of fast-growing economies. BRI Ventures, the investment division of Indonesia’s oldest… Read More