Animoca Brands Corporation Limited is pleased to report unaudited financial and business highlights for the 3 months ending on 30 June 2024 as well as the 3 months ending on 30 Sept 2024. Post this reporting period, Animoca Brand notes that as of the end… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged animoca brands, digital assets, digitalization, Web3
GAIB reports that it has raised a $5 million pre-seed round in order to build the economic layer for AI compute. GAIB has confirmed the completion of their pre-seed funding round. The investment round was co-led by Hack VC, Faction, and Hashed, alongside investments from… Read More
Read more in: Artificial Intelligence, Blockchain & Digital Assets, Fintech | Tagged ai compute, artificial intelligence, Crypto Adoption, European Artificial Intelligence Act, gaib, investment round
Brightflag, the AI-powered e-billing and matter management platform for corporate legal departments, announced that 2024 will be its “best-ever” year of growth. Ian Nolan, founder and CEO of Brightflag said: “This year Brightflag has added more customers than ever before. I am very proud that… Read More
Read more in: Artificial Intelligence, Fintech, Global, Regtech & Legaltech | Tagged ai, brightflag, e-billing, matter management, progress report
In November 2024, Estateguru, a platform specializing in property-backed financing, credited more than €11 million in repayments to its investors. According to Estateguru, a notable portion of this, more than €4.2 million, came from successfully recovered loans that had previously “been delayed. Investors earned €1.01… Read More
Read more in: Global, Investment Platforms and Marketplaces | Tagged estateguru, estonia, europe, financing, repayments
Leap Financial announced a $3.5 million seed raise led by Fuel Venture Capital, with investment in the Miami-based fintech reportedly coming from Ascendo Venture Capital. Leap provides a service that allows financial and non-financial institutions to participate in cross-border money flows, eliminating “inefficiencies and helping… Read More
Read more in: Artificial Intelligence, Fintech | Tagged ascendo venture capital, fuel venture capital, investments, leap financial, miami
Google has announced new advertising policies for cryptocurrency-related products in the United Kingdom, requiring advertisers to register with the country’s Financial Conduct Authority (FCA) starting January 15, 2025. The update aims to ensure compliance with local regulations amid increased scrutiny of crypto promotions globally. The… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged google, nfts, uk, united kingdom
Cybercriminal activity on the dark web surged in 2024, with significant growth in discussions around crypto-drainer malware and advertisements for corporate database breaches, according to Kaspersky’s latest Security Bulletin. The report highlights an evolving cyber threat landscape, with increased interest in malware targeting cryptocurrency wallets… Read More
Read more in: Blockchain & Digital Assets, General News, Global | Tagged Crypto-Drainer, cryptocurrency, dark web, malware
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held their second bilateral meeting, reinforcing cooperation and connectivity between the financial services sectors of the two jurisdictions. Building on the initial bilateral meeting held in Abu Dhabi in… Read More
Read more in: Asia, Global | Tagged Central Bank of the United Arab Emirates, hkma, hong kong monetary authority, mena, uae
The Indian government is set to introduce a comprehensive legislative framework aimed at curbing the rise of illegal lending applications, the New Indian Express reported. The Department of Financial Services under the Ministry of Finance has drafted a bill that imposes severe penalties on individuals… Read More
Read more in: Asia, Politics, Legal & Regulation | Tagged india, Lending App, online lending, regulations
Singapore-based insurtech firm bolttech has successfully raised over $100 million in its latest Series C funding round, according to a company statement released on Friday. The funding round was anchored by Dragon Fund, with significant participation from Liquidity and MUFG. Additional investors in the round… Read More
Read more in: Insurtech, Asia | Tagged bolttech, Dragon Fund, singapore
Alchemy Pay, the fiat-payment gateway, achieved a key milestone by having successfully registered under Visa’s Ramp Provider Program. This registration, made possible via its partnership with Worldpay, marks a new development in Alchemy Pay’s mission to bridge the gap “between traditional finance and the crypto… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged alchemy pay, crypto payments, digital transactions, fiat on ramp, visa
1inch, a DeFi project announced its integration with Talos, the provider of institutional portfolio and trading tech for digital assets. This collab enhances liquidity access for Talos clients by allowing them to leverage 1inch’s Swap API, which sources liquidity across decentralized exchanges to help “ensure… Read More
Read more in: Blockchain & Digital Assets | Tagged 1inch, defi, digital assets, integration, talos, trading
Justt, the AI-based chargeback management firm, announced the close of its $30 million Series C, led by Zeev Ventures along with contributions from existing investors such as Oak HC/FT and F2 Venture Capital. This funding highlights the confidence of its investors in Justt’s vision, growth,… Read More
Read more in: Fintech | Tagged ai, chargeback management, investment round, justt, zeev ventures
Trillium Surveyor, a provider of trade surveillance and best execution software, and Kaiko, the crypto market data provider, announced a partnership to deliver solutions for financial institutions and exchanges engaged in virtual currency trading. This partnership comes at a key moment as the crypto-assets market… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged crypto markets, data, kaiko, trade surveillance, trillium surveyor
Enfuce, the provider of payment solutions in the Nordics, has partnered with Alisa Bank, Finland’s digital bank, in order to introduce a business credit card tailored for SMEs in Finland. This collab is set to disrupt the SME banking landscape by offering a solution that… Read More
Read more in: Fintech, Global | Tagged alisa bank, Enfuce, finland, nordic region, payments, sme's
Singapore-based digital banking firm Tyme Group has successfully raised $250 million in a Series D funding round, elevating the company to unicorn status with a valuation exceeding $1.5 billion. The funding round was led by Brazilian digital banking powerhouse Nubank, which contributed $150 million, while… Read More
Read more in: Fintech, Asia | Tagged banking, digital bank, GoTyme, nubank, singapore, Tyme Group
Bitcoin Suisse has announced its support for Babylon, an innovative protocol that expands Bitcoin’s utility by enabling it to secure Proof-of-Stake networks. This initiative provides Bitcoin Suisse clients with the chance to engage in the initial stages of Babylon’s development. Babylon addresses a key challenge… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged Babylon, bitcoin suisse, btc, digital assets, staking
Securitize announced it has obtained approval by the Spanish National Securities Market Commission (CNMV) as an Investment Firm, registering Securitize Europe Brokerage and Markets, S.A. in order to operate as a Sociedad de Valores (broker dealer), providing services for blockchain-based financial assets, including acting as… Read More
Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces | Tagged blockchain adoption, digital assets, europe, securitize, spain
As part of a push to maintain relevance in the digital finance world, several years ago big banks partnered up to launch their own instant payments and transfer system Zelle. The payments platform has emerged as a significant success – except for claims of fraud… Read More
Read more in: Fintech, Politics, Legal & Regulation | Tagged bank of america, cfpb, fraud, jp morgan, wells fargo, zelle
Digital assets firm OKX announced the launch of their ‘Ordinals Launchpad,’ an all-in-one platform that empowers creators to “launch, inscribe and trade collections” directly on Bitcoin. The platform simplifies the technical complexities of Bitcoin inscriptions while providing creators with the “tools, visibility and support” needed… Read More
Read more in: Global, Blockchain & Digital Assets | Tagged bitcoin, btc, digital assets, digital collectibles, okx, ordinals
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