November 28, 2024 @ 12:17 pm By JD Alois  |  

  Last month, at the CfPA [Crowdfunding Professionals Association] Summit, a presentation was delivered that highlighted the demand and need for access to capital and the growing sector of online capital formation. Investment crowdfunding mainly covers three separate securities exemptions in the US. Reg D… Read More

November 28, 2024 @ 12:13 pm By Omar Faridi  |  

Solidgate — a payment processing platform that offers orchestration and acquiring capabilities —announced the launch of its Tax Compliance Platform, a solution designed to simplify VAT and sales tax management for digital businesses. Offering an alternative to outdated tax management tools, this new platform eliminates… Read More

November 28, 2024 @ 11:21 am By Omar Faridi  |  

Organizations must prepare for the growing risk of unplanned technology outage events, driven by a rise in cloud service provider outages and an increased frequency of industry-wide Single Point of Failure events, CyberCube has cautioned. CyberCube, a provider of advanced cyber risk analytics, stated in… Read More

November 28, 2024 @ 11:16 am By Omar Faridi  |  

BME, a SIX Company, announced its investment in OpenBrick, a digital platform for the issuance, management, trading, and settlement of tokenized securities linked to real estate projects. Six Group operates the Swiss Stock Exchange. Grupo Lar, Renta 4 Banco, and ioBuilders established the firm, which welcomes BME, Garrigues, and Teras Capital as partners. OpenBrick… Read More

November 28, 2024 @ 11:11 am By Omar Faridi  |  

Fenergo, a provider of AI-enhanced solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), announced Geneva-based investment group Pictet has reportedly deployed Fenergo’s CLM solution in order to enhance its asset servicing capabilities. FundPartner Solutions (Europe) SA, the Pictet Group’s European… Read More

November 28, 2024 @ 10:05 am By Omar Faridi  |  

Scottish Equity Partners (SEP), a UK based growth equity investor, announced a growth investment in Springtime Technologies, an accounts payable automation software company operating in Vienna, Austria. The investment from SEP will now aim to accelerate Springtime’s product development and expand its market presence. Springtime’s… Read More

November 28, 2024 @ 9:38 am By Omar Faridi  |  

Moving funds between nations has become an everyday task for businesses that want to expand operations and are always looking for solutions that allow them to connect with other markets and send funds in an efficient manner. This, according to an update from Bitso. Last… Read More

November 28, 2024 @ 8:55 am By Omar Faridi  |  

Neeraj Baid, Co-founder and CEO of Atlantic Money, noted that his firm has been acquired by Deel, the all-in-one payroll and HR platform for global teams. Baid also mentioned that when they launched Atlantic Money two years ago, their goal was to create the world’s… Read More

November 28, 2024 @ 8:38 am By Omar Faridi  |  

Spendesk, the spend management platform for mid-sized businesses, has launched Spendesk Financial Services, which is its own payment institution. Regulated by the ACPR (Autorité de contrôle prudentiel et de résolution), and including a collaboration with Visa, Spendesk Financial Services enables the company to deliver payment… Read More

November 28, 2024 @ 8:30 am By Omar Faridi  |  

OakNorth, which claims to serve as the digital bank for entrepreneurs, by entrepreneurs, has provided a £3.3m loan to debt recovery company, BPO Collections, a wholly owned subsidiary of Canadian-based, Everyday People Financial Corp. Established by Graham Rankin back in 2006, the firm remains focused… Read More

November 27, 2024 @ 5:35 pm By JD Alois  |  

Robinhood Crypto EU has added USDC, a dollar-based stablecoin issued by Circle, to its platform. The new feature was revealed in an X earlier today. Robinhood Crypto EU claims to provide the lowest cost average trading in Europe for 30+ different digital assets. As the… Read More

November 27, 2024 @ 4:58 pm By Omar Faridi  |  

With the holiday season approaching, HYPR, the Identity Assurance company, is cautioning retailers about the impact of identity-related breaches on holiday-sales, customer loyalty and financial stability. Based on a survey of nearly 400 IT security decision-makers and retail customers, HYPR’s latest spotlight report, ‘The Unexpected… Read More

November 27, 2024 @ 3:37 pm By Omar Faridi  |  

Robinhood Crypto, part of Robinhood Markets (Nasdaq: HOOD), is announcing the launch of Ethereum (ETH) staking, enabling European customers to seamlessly earn rewards on their ETH holdings. For a limited time period, Robinhood Crypto is reportedly offering a “100% match” on staking earnings, up to… Read More

November 27, 2024 @ 11:22 am By JD Alois  |  

Margarita Finance has raised $1 million in pre-seed funding to target the structured finance market, according to a statement by the firm. The Zurich-based Fintech received the backing of Tomahawk VC, Outrun Ventures, several family offices, including Swiss-based N & V Capital, and market maker… Read More

November 27, 2024 @ 11:11 am By JD Alois  |  

The British Business Bank says it has launched the ENABLE Funding (CEF) program that aims to increase funding to the social impact sector. The Bank states that the initiative is primarily seeks to assist Community Development Financial Institutions (CDFIs), and is expected to provide a… Read More

November 27, 2024 @ 10:56 am By JD Alois  |  

The UK initially expected to reveal new rules to manage the burgeoning stablecoin sector of digital assets this year. In recent days, the UK government revealed that stablecoin rules were being pushed back until 2025, but the change will incorporate broader regulations that will enable… Read More

November 27, 2024 @ 10:26 am By JD Alois  |  

OpenTrade has closed on a $4 million “Seed extension round” as it seeks to build out real-world asset-backed lending and stablecoin yield products. The funding was led by AlbionVC, with a16z Crypto and CMCC Global returning as investors. OpenTrade explains that its services aim to… Read More

November 27, 2024 @ 10:01 am By JD Alois  |  

In 2022, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) targeted DeFi crypto mixer Tornado Cash with sanctions, claiming the platform had laundered over $7 billion. At that time, The Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson, claimed: “Today,… Read More

November 27, 2024 @ 8:37 am By Omar Faridi  |  

Nearly a quarter (22%) of UK adults have experienced card and phone payment issues in the last six months, with over two-thirds saying it’s made them more likely to carry cash, according to research from KPMG UK. Although the majority (76%) of UK consumers are… Read More

November 27, 2024 @ 8:30 am By Omar Faridi  |  

Cardless, a fintech known for co-branded credit card solutions, announced a $30 million investment round led by Activant Capital, along with participation from investors such as Mischief (the fund co-founded by Plaid’s Zach Perret), Industry Ventures, Thayer Ventures, Assurant and Amex Ventures. This reportedly brings… Read More