March 8, 2024 @ 1:54 pm By Omar Faridi  |  

Airbase, the procure, pay, close software to stop uncontrolled spend, announced a strategic collaboration with Sardine, the firm focused on behavior-based fraud management. This partnership underscores a shared commitment to “enhancing customer financial security against a backdrop of soaring vendor and payment fraud.” Soups Ranjan,… Read More

March 8, 2024 @ 1:51 pm By Omar Faridi  |  

PPRO, the local payments platform, has announced the appointment of three new senior leaders across legal and compliance: Selene Brett as Chief Legal, Risk and Compliance Officer, Marc Kuzak as Legal Director, and Massimiliano Conte as Compliance Director. Through these new appointments, PPRO is bolstering… Read More

March 8, 2024 @ 12:04 pm By JD Alois  |  

After several days of debate and discussion, the US House of Representatives has approved the legislation, the Expanding Access to Capital Act (HR 2799). The bill was sponsored by Representative Patrick McHenry, the Chairman of the House Financial Services Committee, an individual who has long… Read More

March 8, 2024 @ 11:27 am By Omar Faridi  |  

In a macroenvironment when data is increasingly expensive, more Americans are in need of affordable, accessible ways to safely build their credit histories, according to an update from Fintech firm Current. It’s why Current have partnered with Cross River to offer “an innovative secured charge… Read More

March 8, 2024 @ 10:33 am By JD Alois  |  

Dalmore Group, a top investment crowdfunding platform supporting the full stack of securities exemptions, has announced a new service: DalmoreSpark. Dalmore shares in an email that DalmoreSpark is a portfolio of tools for firms raising money online to help “elevate your pitch” and to enhance… Read More

March 8, 2024 @ 9:56 am By JD Alois  |  

This week, the Chancellor of the Exchequer, Jeremy Hunt, revealed the UK government’s Spring Budget. While the list of policies and changes is rather long, the UK Crowdfunding Association (UKCFA) has highlighted several changes that will benefit the industry. First, there is an increase in the… Read More

March 8, 2024 @ 9:39 am By JD Alois  |  

MoneyLion (NYSE:ML) reported earnings this past week, which were received positively by investors. Following the earnings release, MoneyLion shares rocketed by almost 30%, and shares are expected to move higher following jobs data released this morning. MoneyLion is a Fintech that serves both retail and… Read More

March 8, 2024 @ 8:18 am By Omar Faridi  |  

Mox has partnered with Wise Platform in order to launch low-cost and transparent international payments. Wise (LSE:WISE) confirmed in a blog post that it is launching its new collaboration with Mox Bank Limited, a virtual bank in Hong Kong. With this integration, Mox customers can… Read More

March 8, 2024 @ 7:52 am By Omar Faridi  |  

Invoys, a fintech transforming the invoicing industry, and KUNA Pay, a key player in the crypto payment space, have announced a collaboration to enable businesses with crypto payment options directly from invoice links. The partnership between Invoys and KUNA Pay is said to “mark a… Read More

March 8, 2024 @ 7:49 am By Omar Faridi  |  

BitOoda, a digital investment bank, entered a partnership with Newmark, a commercial real estate adviser, that will allow the firms to combine their expertise and relationships across the AI, data center, and Bitcoin mining industries. The partnership will enable BitOoda and Newmark to “serve clients… Read More

March 8, 2024 @ 7:46 am By Omar Faridi  |  

Lloyds Banking Group has signed a corporate Power Purchase Agreement (PPA) with global renewable energy company, Low Carbon. Through the 10-year agreement, the Group will “purchase 50 GWh of clean electricity annually, the equivalent of powering more than 14,000 homes.” The energy will be generated… Read More

March 8, 2024 @ 7:21 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that the company is available now as a key agent for Unchained’s enterprise collaborative custody product. This collaborative model helps bitcoin holders “increase security when safeguarding their assets through the use of a vault secured by multiple institutional key… Read More

March 8, 2024 @ 5:55 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., enabling them to accept contactless card and digital wallet payments “directly on their iPhones with no additional cost… Read More

March 7, 2024 @ 6:46 pm By Omar Faridi  |  

Rabeh Financial, a Saudi Arabia-based company that claims to be specializing in crowdfunding services and equity exchange, has recently announced during the events of LEAP24 conference, its success in closing a seed funding round of 3 million Saudi Riyals, in collaboration “with Mjalis Investment Company… Read More

March 7, 2024 @ 2:11 pm By JD Alois  |  

As President Joe Biden prepares to deliver the State of the Union Address when he expected to tout the successes of Bidenomics,” the reality may be slightly different according to a recent survey the federal government is failing when it comes to supporting smaller firms…. Read More

March 7, 2024 @ 1:43 pm By Omar Faridi  |  

eBill has reportedly surpassed three million users for the first time. More and more people in Switzerland are said to be “opting for the eBill digital invoice.” At the end of February, SIX recorded “more than three million registered users for the first time.” This… Read More

March 7, 2024 @ 1:28 pm By Omar Faridi  |  

Nansen has recently announced a new partnership with Mantle in order to deliver key insights into their ecosystem. In a blog post, Nansen confirmed their latest collaboration with Mantle Network, to deliver informative insights into the Mantle Ecosystem. Nansen said they are pleased to unveil… Read More

March 7, 2024 @ 12:57 pm By JD Alois  |  

Representative Maxine Waters, the ranking minority member on the House Financial Services Committee, has issued a blistering statement on the Expanding Access to Capital Act (HR 2799), renaming it the Expanding Access to Fraud Act. Introduced into the House by Representative Patrick McHenry, Chairman of… Read More

March 7, 2024 @ 12:00 pm By Omar Faridi  |  

Crypto-focused firm Zama has reportedly secured $73 million in funding via a Series A round that included contributions from Multicoin Capital and other investors. Zama, which is described as an open-source cryptography platform that assists developers with creating privacy-preserving apps, confirmed its latest Series A… Read More

March 7, 2024 @ 11:21 am By Omar Faridi  |  

Lemonade (NYSE: LMND) is reporting a strong fourth quarter and an upbeat outlook for 2024. Digital insurance tech firm Lemonade reports the following: Top line: At $747 million, in-force premium (IFP) grew by 20% year on year, while revenue grew 31%. Loss Ratio: At 77%,… Read More