June 25, 2024 @ 8:21 am By Omar Faridi  |  

Despite mounting concerns from pension savers, shareholders of three of the biggest US tech companies that form a significant portion of the ‘Magnificent Seven’ have dismissed calls to address the risks associated with Artificial Intelligence (AI) developments. This, according to an update from UK’s PensionBee…. Read More

June 25, 2024 @ 8:15 am By Omar Faridi  |  

According to new data released ahead of the upcoming UK general election, more than a third of young adults in the UK believe crypto is an important electoral issue. Research commissioned by Zumo, the B2B digital assets infrastructure, and conducted by Focaldata “reveals 34% of… Read More

June 24, 2024 @ 6:23 pm By Omar Faridi  |  

Federal Trade Commission (FTC) law enforcement actions have reportedly resulted in more than $324 million in refunds to consumers in 2023, the agency said in its annual report on refunds. The FTC Annual Report on Refunds to Consumers provides “a breakdown of the total amount… Read More

June 24, 2024 @ 6:18 pm By JD Alois  |  

Republic, an online investment platform, recently listed a securities offering for shares in Watford FC – a professional football club in the UK. The share offering is also being listed on its subsidiary Seedrs. In an X today, Republic said that investors may now purchase… Read More

June 24, 2024 @ 6:06 pm By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry,  announced that four new Board Members have joined its Board of Directors. The Board plays a critical role in setting “the strategic direction of DTCC, working closely with the firm’s leadership and advising on… Read More

June 24, 2024 @ 3:38 pm By Nick Morgan  |  

In a recent episode of Capital Ideas, hosts Nick Morgan and Dara Albright interviewed Jonathan Dunsmoor, a recovering securities attorney and the Chief Development Officer of The Blue Rock Organization, a company leveraging blockchain innovation to democratize economic opportunities. Dunsmoor highlighted, for example, how blockchain… Read More

June 24, 2024 @ 3:16 pm By Omar Faridi  |  

As technologies currently capturing the world’s attention, there are significant synergies to explore between blockchain and artificial intelligence (AI). In their efforts to develop and build the ecosystem for our EVM-compatible sidechain Neo X, the Neo team is announcing a new partnership with Phoenix, a… Read More

June 24, 2024 @ 3:14 pm By Omar Faridi  |  

Pyypl (pronounced “People”) – a fintech company in the MEA region, has announced its Principal License Membership and strategic framework agreement with Visa (NYSE: V). The partnership with Visa is said to be a testament to Pyypl’s mission “to democratize access to financial services, its… Read More

June 24, 2024 @ 12:18 pm By JD Alois  |  

Mode Mobile, a smartphone firm that aims to turn your digital device into an “earnphone,” is raising growth capital through a cross-listed securities offering on Seedrs and Republic. Seedrs is a top securities crowdfunding platform in the UK which also serves continental Europe. Parent company… Read More

June 24, 2024 @ 11:42 am By JD Alois  |  

Belgian Fintech Chift has raised €2.3 million in seed funding, according to a statement from the company. The funding round was led by Entourage, an early-stage fund specializing in B2B SaaS and founded by Pieterjan Bouten – founder and former CEO of Showpad. Other investors… Read More

June 24, 2024 @ 10:56 am By Omar Faridi  |  

Digital currency exchange Binance is reportedly assisting in investigating a recent attack carried out against Turkish crypto exchange BtcTurk, with more than $5 million in pilfered funds now having been frozen. This, according to social media update from Binance CEO Richard Teng. Teng noted that… Read More

June 24, 2024 @ 10:40 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced its participation in the Series A investment round for Avail, a unification layer designed to solve rollup fragmentation at scale. Avail aims to scale and unify rollups and “the modular… Read More

June 24, 2024 @ 9:58 am By JD Alois  |  

Curve has received the backing of Samsung Next – the VC arm of the global firm. Samsung Next backs Fintechs, including AI firms, blockchain, Healthtech, and more. Curve is a breakout UK Fintech that has previously sold securities in crowdfunding rounds. Curve’s App enables users… Read More

June 24, 2024 @ 9:34 am By JD Alois  |  

MoneyLion (NYSE:ML) has announced a new Chief Revenue Officer, Jon Kaplan. According to the company, Kaplan previously worked at two big tech firms, Google and Pinterest. Dee Choubey, co-founder and Chief Executive Officer of MoneyLion, said Kaplan’s experience at the two firms shows his ability… Read More

June 24, 2024 @ 9:02 am By JD Alois  |  

Euronet (NASDAQ: EEFT) and Fintech Galaxy have announced a partnership to offer Open Banking services in the MENA region and the African continent. The service includes digital banking or Banking as a Service, as well as offerings for Fintechs, merchants, and more. Services include payments,… Read More

June 24, 2024 @ 8:51 am By JD Alois  |  

Tauras, a digital asset firm currently serving big names like Santander, Credit Suisse, and Deutsche Bank, says it has added the Stellar Network to its custody offerings. Taurus custody service is named Taurus Protect. The company also provides tokenization services. Stellar is a popular public… Read More

June 24, 2024 @ 8:37 am By Omar Faridi  |  

Germans are increasingly turning to prepaid cards and adjusting their spending habits to manage the ongoing cost of living crisis and to avoid debt, according to a new survey conducted by research firm Opinium, commissioned by online prepaid payment firm Recharge. The survey of 2,000… Read More

June 24, 2024 @ 8:00 am By Tony Zerucha  |  

Finastra has announced that Bank Midwest, an employee-owned bank with locations throughout Iowa, Minnesota, and South Dakota, has launched OnePlace.bank, a digital bank powered by Finastra, focused exclusively on the financial needs of the healthcare community. The move expands Bank Midwest’s collaboration with the financial… Read More

June 24, 2024 @ 7:43 am By Omar Faridi  |  

Revolut, a global Fintech company with over nine million UK customers and 40 million around the world, has announced it will relocate its global headquarters to the newly refurbished YY London building in the centre of Canary Wharf, committing to a ten-year lease. The move,… Read More

June 24, 2024 @ 7:40 am By Omar Faridi  |  

ARK Invest says it aims to deliver long-term capital appreciation by investing in the leaders, enablers, and beneficiaries of disruptive innovation. ARK has shared a detailed report that explores the potential impact of disruptive innovations, including AI and decentralized virtual currencies like Bitcoin and Ethereum…. Read More