Search Results for: UBS

February 8, 2024 @ 3:04 pm By Omar Faridi  |  

Pagaya Technologies LTD. (NASDAQ: PGY), a company offering AI-driven solutions for financial services, announced the closing of a credit facility with participation from Funds and Accounts managed by BlackRock U.S. Private Capital, UBS O’Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank. The facility, which… Read More

January 25, 2024 @ 6:03 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app “for a monthly fee of $7.99.” Klarna Plus… Read More

January 5, 2024 @ 12:14 pm By Omar Faridi  |  

Nu Colombia, a subsidiary of Nubank (NYSE:NU) in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only “marks a significant milestone for Nu Colombia but also paves the way… Read More

December 21, 2023 @ 11:27 am By Omar Faridi  |  

With Christmas around the corner, small and medium-sized businesses across the UK are hoping for a much-needed surge in customer spending. Research from iwoca, which claims to be one of Europe’s largest small business lenders, reveals “that more than two in five (44%) SME owners… Read More

December 12, 2023 @ 5:49 pm By JD Alois  |  

Wefunder, a top Funding Portal focusing on the Reg CF market, has announced a new service aimed at regular investors VIP membership. According to Wefunder, VIP members may benefit from better terms on securities offerings or perhaps a 10% bonus equity in certain investments. For… Read More

November 29, 2023 @ 2:14 am By Omar Faridi  |  

Laser Digital, the digital asset subsidiary of Nomura, has announced its strategic integration with Talos, the premier provider of digital asset trading technology “for institutions.” This partnership broadens Laser Digital’s reach “among institutional clients while adding a new source of institutional-grade liquidity to the Talos… Read More

November 14, 2023 @ 6:22 am By Omar Faridi  |  

Accenture (NYSE: ACN) will launch a network of generative AI studios in North America where companies can explore ways to optimize and reinvent their business through the responsible use of generative AI applications. Clients interested in pursuing commercial uses of generative AI “will be able… Read More

October 18, 2023 @ 9:54 pm By Omar Faridi  |  

UBS (NYSE:UBS) is partnering with the Geneva Science and Diplomacy Anticipator Foundation (GESDA), CERN, the Swiss Federal Department of Foreign Affairs, and Swiss higher-education institutions ETH Zurich and EPFL to create the Open Quantum Institute (OQI), which is being launched today in Geneva. Through science… Read More

October 10, 2023 @ 3:19 pm By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: Canada Tech – Q3 2023. The report, based on Tracxn’s extensive database, “provides insights into the Canada Tech space.” The Canada Tech startup ecosystem “received its highest-ever funding of $5.12 billion in… Read More

September 18, 2023 @ 11:19 pm By Omar Faridi  |  

In Q2 2023, UK private equity (PE) deal value “increased 13.2% quarter-over-quarter (QoQ) while the estimated deal count increased for the fourth straight quarter, signalling the start of a potential recovery in UK dealmaking,” according to an update from Pitchbook. Pitchbook noted that “in light… Read More

September 18, 2023 @ 11:14 am By Omar Faridi  |  

Darewise Entertainment, a subsidiary of Animoca Brands and the force behind the Life Beyond Gaming Metaverse, announced an engagement with Horizen Labs for technical token, development, and consulting services. Horizen Labs, which previously “provided smart contracting and token strategy advice relating to the launch of… Read More

September 17, 2023 @ 3:56 pm By Omar Faridi  |  

Netcapital Inc. (Nasdaq: NCPL), a digital private capital markets ecosystem, announced financial results for the first quarter of fiscal year 2024 ended July 31, 2023. Martin Kay, CEO of Netcapital Inc., said: “We are delighted to announce a very strong quarter for our funding portal,… Read More

September 9, 2023 @ 3:28 pm By Omar Faridi  |  

As momentum for crypto builds around the world, Coinbase (NASDAQ:COIN) is executing on Phase II of their “Go Broad, Go Deep” strategy for international expansion. Coinbase says that it sees the following: 1) enactment of clear rules; 2) innovation of more efficient, more accessible products… Read More

August 30, 2023 @ 8:04 pm By Omar Faridi  |  

TerraZero Technologies Inc., a vertically integrated Metaverse development group and web3 technology company specializing in helping brands create immersive experiences,  announces their plans to release the Intraverse PRO beta in January of 2024. This addition to the TerraZero portfolio sets the stage for omni-channel connectivity,… Read More

August 19, 2023 @ 6:47 pm By Omar Faridi  |  

MVGX Holdings, a Singapore-based green fintech group providing regulated financial services and end-to-end carbon Software-as-as Service solutions for a more inclusive and sustainable future, announced the establishment of a new subsidiary, MVGX Tech, “dedicated to Carbon SaaS products and services.” Frank Zhang, a fintech, ISO… Read More

July 22, 2023 @ 3:53 pm By Omar Faridi  |  

C2FO, which claims to be the world’s on-demand working capital platform, announced its further expansion into Mexico with the creation of a Mexican subsidiary. This move bolsters C2FO’s global presence and “reinforces its commitment to empowering all businesses with fast, flexible and equitable access to… Read More

July 10, 2023 @ 11:53 pm By Omar Faridi  |  

UBS (NYSE:UBS) announced that it and Numarics are planning to enter into a strategic partnership to specifically digitize and expand financial and administration solutions for small and medium-sized companies in Switzerland. Administrative tasks mean “a lot of time for SMEs today and are often a… Read More

July 10, 2023 @ 9:13 am By Omar Faridi  |  

Bundlee, which claims to be a sustainable and scalable kidswear rental subscription, creating a better future to grow into, has secured 101% (£335,986) of its £330,001 target (at the time of writing) from 106 investors with 4 days left in the firm’s crowdfunding campaign, carried… Read More

June 21, 2023 @ 9:44 am By JD Alois  |  

Estate planning is another financial service sector that receives a digital update. Trust & Will is making headway in this area of Fintech, today announcing an agreement with UBS Workplace Wealth Solutions to provide services. Trust & Will will provide the ability to create wills… Read More

June 15, 2023 @ 6:22 pm By JD Alois  |  

BlackRock subsidiary iShares has filed an S-1 registration statement for a Bitcoin-based exchange-traded fund (ETF). The iShares Bitcoin Trust aims to reflect the performance of the price of Bitcoin, similar to the other ETFs that have attempted to do the same. To quote the registration… Read More