July 3, 2024 @ 9:14 pm By Nick Morgan  |  

Capital Ideas podcast hosts Nick Morgan and Dara Albright had an insightful discussion with Etan Butler, Chairman of Dalmore Group, a leading crowdfunding platform that has raised over $1.5 billion for businesses through JOBS Act exemptions. Dalmore Group has particularly excelled in Regulation A (Reg… Read More

July 3, 2024 @ 9:02 pm By Omar Faridi  |  

In support of a more efficient DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced an investment in RedStone. RedStone is reportedly one of the “fastest-growing” modular oracles in 2024 “that delivers diverse, high-frequency data feeds to EVM Layer1,… Read More

July 3, 2024 @ 9:00 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced a new client, Swiss4, providing real-time and personalised digital payment services for their customers. This is part of Swiss4’s recently launched application “that combines financial services… Read More

July 3, 2024 @ 8:59 pm By Omar Faridi  |  

AXA IM Alts, a global firm focused on alternative investments with $200 billion (€184 billion) of assets under management, has expanded its global network with the opening of its first office in the Middle East. AXA IM Alts has been granted its financial services permission… Read More

July 3, 2024 @ 3:50 pm By JD Alois  |  

IOTA, a blockchain ecosystem, has funded the I3-Lab at Imperial College London. IOTA has provided £1 million to support the research facility. According to the firm, the college is also providing additional funding. IOTA seeks to advance highly scalable distributed ledger technology (DLT) for Web3… Read More

July 3, 2024 @ 3:40 pm By JD Alois  |  

The Subcommittee on Financial Institutions and Monetary Policy, part of the House Financial Services Committee, has scheduled a hearing entitled Financial Institution-Fintech Partnerships: Leveraging Third-Party Relationships to Increase Access to Financial Services. This specific hearing is a “field hearing” and will take place outside of… Read More

July 3, 2024 @ 3:30 pm By Omar Faridi  |  

MultiSafepay (MSP), an Amsterdam-based payment service provider, and Antom global merchant payment services, a payment and digitization services provider under Ant International, announced that MultiSafepay has become a wholly-owned subsidiary of Ant International and will integrate with Antom to promote convenient, secure and accessible payment… Read More

July 3, 2024 @ 1:02 pm By Omar Faridi  |  

SIX is pleased to launch the Independent Valuation Service for financial instruments, which was co-created with Avaloq based on a strategic partnership. The initiative addresses international financial markets’ need “for end-of-day product valuations from an independent source.” This facilitates client reporting, risk management, and continuous… Read More

July 3, 2024 @ 12:39 pm By Omar Faridi  |  

Flexys, makers of debt management software, and Tuum, a core banking provider, are joining forces. By integrating their powerful platforms, the partnership allows banks “to modernize debt collection with a real-time, customer-friendly approach.” For banks, the economic landscape of rising consumer debt and stricter regulations… Read More

July 3, 2024 @ 10:04 am By Omar Faridi  |  

Elliptic’s crypto AML (anti- money laundering) service will reportedly aim to enhance compliance for global crypto exchange, Gate.io. Gate.io, a virtual currency exchange and Web3 innovator, recently announced it has enlisted Elliptic, the provider of blockchain analytics and investigative solutions, to strengthen its compliance program…. Read More

July 3, 2024 @ 9:30 am By JD Alois  |  

In commenting on a rule adopted this week pertaining to Registered Index-Linked Annuities and an amended registration form to accommodate these offerings, SEC Commissioner Mark Uyeda slipped in a note about his opinion as to how crypto or digital asset offerings may be managed going… Read More

July 3, 2024 @ 9:02 am By Omar Faridi  |  

Limited progress has been made by non-euro area Member States of the European Union (EU) on economic convergence with the euro area since 2022, according to the 2024 Convergence Report of the European Central Bank (ECB). This is mainly due to challenging economic conditions, the… Read More

July 3, 2024 @ 9:01 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, announced it’s partnered with Adobe Commerce in order “to enable merchants to easily implement Klarna’s Buy Now Pay Later (BNPL) services, along with other flexible payment options.” This allows Klarna to expand payment flexibility to consumers…. Read More

July 3, 2024 @ 9:00 am By Omar Faridi  |  

LSEG (London Stock Exchange Group) and Dow Jones recently announced a new, multi-year data, news, and analytics partnership. Beginning recently, trusted news from Dow Jones’s globally renowned newsrooms will be available within LSEG Workspace. Premium subscribers now have “access to thousands of news stories, including… Read More

July 3, 2024 @ 8:59 am By Omar Faridi  |  

Carta has released their First Cut—State of Private Markets: Q2 2024. Initial data from Q2 2024 reportedly “shows modest increases in median valuation and round size across much of the U.S. venture ecosystem.” Every quarter, Carta releases the latest information on the startup ecosystem in… Read More

July 3, 2024 @ 8:58 am By Omar Faridi  |  

Mambu, a cloud banking platform, announces the appointment of Mark Geneste as Chief Revenue Officer to lead its commercial team. Geneste’s appointment is expected “to drive growth and strengthen Mambu’s position in the market, further enhancing its reputation as a leader in the banking technology… Read More

July 3, 2024 @ 8:56 am By Omar Faridi  |  

Atom bank, which claims to be the UK’s first app-based bank, announced this past week that it has appointed Gareth Jones as its new Chief Risk Officer “subject to regulatory approval. He replaces Chris Sparks, who is retiring after nine years at the bank.” Gareth… Read More

July 2, 2024 @ 11:07 pm By Omar Faridi  |  

The European Crowdfunding Network (EUROCROWD) is pleased to announce the election of its new non-executive board, a strategic move to consolidate our position as the industry’s representative body. The newly elected board brings together leading figures “from the crowdfunding and professional services sectors, reflecting the… Read More

July 2, 2024 @ 10:53 pm By Omar Faridi  |  

According to an update shared by the Bank of England, risks to the UK financial system have remained broadly unchanged since Q1. However, some asset prices have continued to rise, and the risk of a sharp correction persists. The Bank of England pointed out that… Read More

July 2, 2024 @ 10:36 pm By Omar Faridi  |  

Rainforest, a payment provider purpose-built for software platforms, announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.” Additional participating investors “include Accel, Infinity Ventures, BoxGroup,  The Fintech Fund, Tech Square Ventures, Ardent Venture Partners – all of whom… Read More