February 21, 2024 @ 7:14 am By Omar Faridi  |  

Circle is discontinuing support for USDC on the TRON blockchain in a phased transition. Effective immediately Circle will no longer mint USDC on TRON. Circle will support Circle Mint customers’ transfer(s) of USDC “to other blockchains through February 2025.” As Circle only serves business and… Read More

February 21, 2024 @ 7:12 am By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced new features to “improve the customer experience and help entrepreneurs easily connect with the global economy.” Oren Ryngler, Payoneer Chief Product Officer,… Read More

February 20, 2024 @ 9:51 pm By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry, today announced that Goldman Sachs & Co. LLC has “achieved a greater than 99% same-day affirmation rate and a significant improvement in settlement rates for transactions leveraging CTM’s Match to Instruct (M2i) workflow in… Read More

February 20, 2024 @ 9:40 pm By Omar Faridi  |  

Detected is pleased to announce its collaboration with Visa (NYSE:V) to offer businesses a fast, efficient and intelligent business onboarding process. The news extends Detected’s relationship with Visa but is a first in the US & Canada. For payment providers around the world, the complexity… Read More

February 20, 2024 @ 9:39 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that it has been selected by Tokyu to power the multinational conglomerate’s new flat-rate subscription accommodation service. Tokyu oversees more than 200 businesses “across Japan spanning transportation, real estate, and hospitality.” By partnering with Stripe, it will… Read More

February 20, 2024 @ 9:38 pm By Omar Faridi  |  

Tonik Digital Bank, the Philippines’ first digital-only neobank, revamped the Big Loan, a multipurpose loan catering to a wider range of Filipinos’ financial needs. First launched in 2023, the Big Loan reportedly “offers borrowers up to P5 million with flexible, tailored repayment options, competitive interest… Read More

February 20, 2024 @ 9:36 pm By Omar Faridi  |  

Maybank introduced the myimpact SME Hub, a one-stop integrated and holistic ecosystem for Malaysian Small and Medium Enterprise (SMEs), “offering value-based solutions established on sustainable and ethical principles.” It also serves as a knowledge hub and support system “to facilitate and partner SMEs in their… Read More

February 20, 2024 @ 6:05 pm By JD Alois  |  

The Peak Ski Company is raising money from investors on Republic. According to the offering page, Peak Ski has already raised over $900,000 on a funding goal of $1.24 million backed by 436 investors. T The company is offering a “Crowd SAFE” with a valuation… Read More

February 20, 2024 @ 5:41 pm By JD Alois  |  

Round13 Digital Asset Fund (DAF), a fund created by Round13 Capital that invests in crypto-focused Canadian firms, has reported a 40% gain since its inception. According to the company, the Fund was launched in April 2022 and has invested in 20 different portfolio firms backing… Read More

February 20, 2024 @ 5:01 pm By JD Alois  |  

Rise Up Crowdfunding, a FINRA-regulated Funding Portal, has announced its official launch promoting three individual securities offerings. Rise Up Crowdfunding was founded by CEO Ruth Hedges, well known in the investment crowdfunding world. Longtime industry supporter Attorney Kendall Almerico is another founder of the company…. Read More

February 20, 2024 @ 4:30 pm By Omar Faridi  |  

In response to continued demand for better consumer engagement tools for the digital channel, Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced it has raised $7.75 million in Series A funding, led… Read More

February 20, 2024 @ 3:54 pm By Omar Faridi  |  

Gemini are pleased to announce the immediate availability of cross collateral on the Gemini derivatives platform — providing clients with more flexible funding options. With the introduction of cross collateral, clients are no longer “limited to only posting GUSD as collateral to trade derivatives on… Read More

February 20, 2024 @ 1:26 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) is warning that there are profound policy threats that would deeply harm US entrepreneurship. Perhaps most pressing is the new rules under the Biden Administration that would conflagrate Independent Contractor status. These new rules go into effect… Read More

February 20, 2024 @ 12:30 pm By Omar Faridi  |  

Crowdfund Insider recently caught up with Kadan Stadelmann, a blockchain developer, operations security professional, and Komodo Platform’s CTO. As a side note, Komodo, a blockchain interoperability and atomic swap technology leader, recently rebranded its flagship end-user application from “AtomicDEX” to “Komodo Wallet” and its “AtomicDEX… Read More

February 20, 2024 @ 11:07 am By JD Alois  |  

Linked Finance has partnered with the Strategic Banking Corporation of Ireland (SBCI) to lend up to €50 million to Irish SMEs. The loans are said to be issued at a discounted rate. Linked Finance is a peer-to-peer (P2P) lending platform serving smaller firms in Ireland…. Read More

February 20, 2024 @ 9:55 am By Omar Faridi  |  

Luzerner Kantonalbank AG (LUKB), Switzerland’s 3rd largest cantonal bank, has rolled out FM Converge, the markets and risk platform for banks and financial institutions. FM Converge comes from Finmechanics Pte. Ltd., the Singapore headquartered fast growing software company. FM Converge is described as “a high… Read More

February 20, 2024 @ 9:37 am By Omar Faridi  |  

Monite‘s seed funding has reached $16 million in order to support US expansion efforts. Monite confirmed that they’ve added additional ($6M) funding to their seed round, thanks to Valar Ventures and Third Prime, bringing their total to $16M. This top-up supports their European leadership “in… Read More

February 20, 2024 @ 9:09 am By JD Alois  |  

BlockchainK2 (OTC:BIDCF) says it has invested in RealBlocks – a company that aims to provide a platform to launch and operate private funds. The terms of the deal were not immediately available. BlockchainK2 is a microcap valued at around $7.85 million. TYhe company said it… Read More

February 20, 2024 @ 8:10 am By Omar Faridi  |  

Capital One Financial Corporation (NYSE: COF) and Discover Financial Services announced that they have entered into a definitive agreement under which Capital One will acquire Discover in an all-stock transaction valued at $35.3 billion. The transaction brings together two companies “with track records of delivering… Read More

February 20, 2024 @ 7:54 am By Omar Faridi  |  

BNP Paribas (EPA: BNP), Europe’s global bank, and its Prime Services business published its annual 2024 Alternative Investment Survey. BNP Paribas’ Capital Introduction Group “surveyed 238 allocators in December 2023 and January 2024, who invest or advise on $1.2 trillion in hedge fund assets.” This… Read More