Search Results for: tile

Bitcoin Mercantile Exchange (BitMEX) Says COVID-19 Is Accelerating Digital Technology Adoption, Benefiting BigTech while SMEs Struggle

Bitcoin Mercantile Exchange (BitMEX), one of the largest cryptocurrency derivatives exchanges in the world, says that they “no longer think that dated volatility-related bets are an effective way to protect portfolios because they are now too expensive.” THe BitMEX team stated: “We believe that inflation… Read More

Indian Fintech Fintso Claims that Previously Stable Debt Securities are Now More Volatile than Equity

Mumbai-based Fintech firm Fintso, which aims to “democratize” wealth management in India, is arguing that debt securities can be more volatile than equity. Recently established in December 2019, Fintso secured $2.6 million in funding in March 2020. Fintso’s management says that debt securities have previously… Read More

Open Interest on Bitcoin (BTC) Options on Chicago Mercantile Exchange Surges 1000% in May 2020

  Open interest on the Chicago Mercantile Exchange (CME Group) for Bitcoin (BTC) options has surged dramatically during the past few days, following the third Bitcoin halving event, which effectively reduced the cryptocurrency’s supply by 50%. An options contract is an agreement between two consenting… Read More

Fintech Zopa Reveals that Most Experts Say Consumer Lending Performance will be Less Volatile than Property Development, Business Lending During Coronavirus Crisis

Fintech Zopa, which provides online lending services in a fund based fashion, notes that during these challenging times, the company has noticed how peer-to-peer (P2P) platforms have taken varied approaches to mitigate the disruption caused by the Coronavirus (COVID-19) outbreak. The Zopa team explains that… Read More

Demand Meet Supply: Smart Valor to List Tokens Tied to Physical Gold During Volatile Times

The Coronavirus pandemic has disrupted the entire world. Traditional financial markets, as well as digital asset markets, have experienced extreme volatility. One asset that has held out relatively well is physical gold – a commodity that continues to interest certain investors in times of extreme… Read More

Online Payments Platform Payoneer to Acquire Munich-based optile, a Firm that Enhances Payment Acceptance Processes

Payoneer, an established online payments platform that helps organizations and individuals across the globe to grow their business, revealed on December 10 that it has decided to acquire optile, a Germany-headquartered technology firm that enhances payment acceptance processes for consumers globally. Established in 2010, optile’s… Read More

Coinbits: Teenaged Bitcoin Millionaire Who Declared Bitcoin “Dead” Building Platform to Make Crypto Trading “Tangible and Tactile”

Legendary Bitcoin boy millionaire Erik Finman is building a cryptocurrency investment platform he hopes will make cryptocurrency trading “more tangible and tactile” for the average person. “A huge factor preventing bitcoin from going into a bull run is its difficulty to buy. It’s not uncommon… Read More

P2Binvestor Teams Up With Pacific Mercantile Bank to Offer Customer-Tailored Lines of Credit For California Businesses

Marketplace lender P2Binvestor (P2Bi) announced on Thursday it has collaborated with Pacific Mercantile Bank to offer custom-tailored lines of credit to California-based businesses. According to P2Bi, the first such business to benefit from this newly formed fintech and bank relationship was a company with more than… Read More

Australian Electronic Payments Company SimplePay Secures US$5 Million Private Capital Investment From Fluce Capital & Versatile Group

SimplePay, an electronic payments company that’s headquartered in Australia, announced on Monday it secured a $5 million private capital investment from Fluce Capital and Versatile Group. Founded in 2012, SimplePay claims it is a leading payment technology company, specializing in card payment processing around the… Read More

Citing Low and Volatile Crypto Prices, Argo “Temporarily” Drops Cloud Mining Program

Due to “challenging conditions” in crypto markets, Argo Blockchain (LSE:ARB), a cryptomining firm that went public in the UK last year, is no longer accepting new customers for its “mining-as-a-service” program (also known as “cloud mining”), and will terminate all contracts as of April 1,… Read More

Kraken Supporting “Volatile” Forked Coin of Bitcoin Cash Despite “Many Red Flags”

Fork

The San Francisco-based cryptocurrency exchange Kraken has begun supporting the “BSV” coin, a crypto token product of last Thursday’s contentious hard forking of Bitcoin Cash. Bitcoin Cash is itself a “fork” or code-splice/copy of Bitcoin created by early Bitcoin champion Roger Ver and allies, who… Read More

Crypto Trading Platform Caspian Announces Partnership With Bitcoin Mercantile Exchange

Caspian, the full-stack crypto trading, portfolio and risk management platform for institutional and sophisticated investors, announced on Thursday it has formed a partnership with BitMEX (Bitcoin Mercantile Exchange) a bitcoin peer-to-peer trading platform, in order to further support and facilitate institutional investment’s move into crypto… Read More

Former Microsoft CMO Elisa Steele Joins Tile’s Board of Directors

Tile, the tiny Bluetooth tracker and companion app that keeps users connected to the things that matter to them most, announced on Wednesday former Microsoft CMO and former CEO and president of Jive Software, Elisa Steele has joined its Board of Directors. Steele’s most recently the… Read More

Salud! Destilería Santamania Nears £1M on Crowdcube Spain

Spanish urban craft distillery Santamanía has secured over £941,609 to date during its exciting equity crowdfunding Crowdcube Spain campaign. Over 749 backers have invested in the 11.88% equity offered for the distillery with a pre money valuation of £6,987,000. The campaign was extended and is scheduled to close… Read More

Crowdfunding Dynamo Tile Going Strong, Introduces Slim & Smart Location Platform

Tile, the smart location company, today unveiled its newest consumer product – Tile Slim, a Bluetooth tracker designed specifically for wallets. The company also introduced today the Tile Smart Location Platform, a B2B offering that allows companies to embed Tile’s smart location technology into their own… Read More

Alton Sterling & Philando Castile Supporters Raise Nearly $800,000 Combined Through Two GoFundMe Campaigns

Just a few days after actress Issa Rae launched a GoFundMe initiative to raise $200,000 for Alton Sterling’s children, the campaign has successfully raised nearly $650,000 from over 22,000 supporters. As previously reported, the father of five was killed on Tuesday morning during an encounter with… Read More

Crowdfunding Success Tile Captures $18M During Series B Funding Round

Tile, the tiny Bluetooth tracker and companion app that keep people connected to the things that matter to them most, announced on Thursday that it has secured $18 million during a Series B funding round, which was led by Bessemer Venture Partners. Tile was one of… Read More

Brief: Tile Set to Hit Best Buy, Lowe’s, Target, & Kenneth Cole Stores Nationwide Mid-November

Tile, the tiny Bluetooth tracker and companion app that keep people connected to the things that matter to them most, today announced in-store availability at major retailers Best Buy, Target, and Kenneth Cole. Tile will also be available at Lowe’s starting in mid-November. Tile kicked… Read More

Tile 2nd Generation Item Finder Goes on Sale in 3300 T-Mobile Stores

Tile, one of the most successful self-crowdfunding hardware campaigns of all time, has announced its 2nd generation product alongside a sizeable roll-out in over 3300 T-Mobile stores. Tile, described as the “worlds largest lost and found”, quickly raised over $2.6 million in a pretail funding… Read More

Tile Gets $3 Million from Khosla Ventures. Tops 2 Million Finder Devices Sold

Crowdfunding success Tile has received a capital infusion from Khosla Ventures in the amount of $3 million. The “Series A extension” comes at a time when the young company reports it has shipped over 2 million devices as it closes in on its 2nd anniversary…. Read More

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