February 26, 2024 @ 9:53 pm By Omar Faridi  |  

Prove Identity, Inc., the global enabler of digital identity, announced a strategic business partnership in Brazil with TargetData, one of Brazil’s big data analysis companies. The agreement will enable more large companies in Brazil to access Prove’s digital identity verification and authentication solutions. The alliance… Read More

February 26, 2024 @ 9:51 pm By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), one of the largest digital financial services platforms, released its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed “in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).” David Vélez, founder and… Read More

February 26, 2024 @ 9:50 pm By Omar Faridi  |  

Bakkt Holdings, Inc.  (NYSE: BKKT), which has been struggling to maintain operations due to a shortage of cash reserves but has acquired financial resources to keep running operations for now, and Swan Bitcoin announced that the companies have enabled Bitcoin trading across 49 U.S. states… Read More

February 26, 2024 @ 9:41 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a new partnership and technology integration with Maxyfi, a provider of collections and accounts receivables management software for lenders, collection agencies, and law firms. The collaboration enables Maxyfi clients to “offer flexible payment… Read More

February 26, 2024 @ 9:39 pm By Omar Faridi  |  

The Asian Development Bank (ADB) has announced recently that it approved a $23 million loan to enhance access “to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT) in India.” As stated in a blog post, GIFT is a state-owned enterprise… Read More

February 26, 2024 @ 2:13 pm By Omar Faridi  |  

Intapp (NASDAQ: INTA), a global provider of AI-powered software for professionals in advisory, legal, and capital markets firms, announced that it has signed an agreement to acquire delphai, a Berlin-based AI software company specializing in applied AI for firmographic data automation, structuring, and intelligence. The… Read More

February 26, 2024 @ 2:09 pm By Omar Faridi  |  

Finzly, a payments systems for financial institutions, has announced that Quaint Oak Bank has selected it to modernize its payments infrastructure, providing a superior user experience and enabling them to grow their international and embedded banking businesses. Quaint Oak is an established financial institution “with… Read More

February 26, 2024 @ 12:40 pm By JD Alois  |  

Cross River says it has launched its “investment banking strategy,” describing the initiative as a significant milestone in the company’s history. The company said it will now assist its clients in achieving their goals by advising them on decisions like mergers and acquisitions, capital markets… Read More

February 26, 2024 @ 11:59 am By JD Alois  |  

Anchorage Digital, home to a federally chartered digital asset bank, says its institutional self-custody digital wallet Porto is now fully available for users. The company has described this as their biggest news since it received its bank charter in 2021. Anchorage states that their customers… Read More

February 26, 2024 @ 11:52 am By Omar Faridi  |  

Balance, Canada’s digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC). Balance’s CEO, George Bordianu said: “Our focus since day one has been to build a world-class custodian for companies working with digital assets…. Read More

February 26, 2024 @ 11:50 am By Omar Faridi  |  

OVERDARE, Inc., a joint venture backed by gaming/metaverse industry participants KRAFTON, Inc. and NAVER Z Corporation, announced a partnership with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s “largest regulated” US dollar-backed stablecoin. This collaboration is set to… Read More

February 26, 2024 @ 11:43 am By JD Alois  |  

The CfPA (Crowdfunding Professional Association ) Board of Directors has distributed a note on the adoption of its recommendations regarding best practices. According to the CfPA, the Board is now recommending that members use the term “Regulated Investment Crowdfunding.” President of CfPA Brian Christie issued… Read More

February 26, 2024 @ 11:30 am By JD Alois  |  

The US Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC), has scheduled its next meeting to take place on March 7th. One of four advisory committees, the IAC aims to provide the Commission with advice, and recommendations from the perspective of the investor. Created… Read More

February 26, 2024 @ 11:23 am By Tony Zerucha  |  

Buildstock, a B2B marketplace and Fintech platform for construction materials, this week secured $1.6M in pre-seed funding from Precursor, MGV, XFactor, RefashionD and angels, including Osuke Honda (DCM), Nihal Mehta (Eniac), Shruti Gandhi (Array Ventures), Tom Peterson (Rally Ventures), Yun-Fang Juan, and Mark G (m]x[v… Read More

February 26, 2024 @ 11:18 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF),  Cambridge SupTech Lab, has shared a survey on the adoption of Suptech or Supervisory Technology, showing an increase in initiatives.  CCAF and the Lab are both part of the Cambridge Judge Business School. CCAF is the leading global… Read More

February 26, 2024 @ 10:33 am By Tony Zerucha  |  

Zoniqx (formerly known as Tassets) a provider of digital asset management services, this week announced its partnership with Ripple, an enterprise blockchain and crypto solutions firm. This collaboration harnesses the scalable infrastructure of the XRP Ledger (XRPL) and integrates it with Zoniqx’s Tokenization Platform as a Service (TPaaS) and Tokenization Life… Read More

February 26, 2024 @ 8:29 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform of choice for leading companies, and Billie, the B2B payments innovator, join forces to let Adyen’s customers enable B2B Buy Now, Pay Later (BNPL) payments services. By partnering up with Billie, Adyen reportedly “helps merchants and their business customers… Read More

February 26, 2024 @ 8:03 am By Tony Zerucha  |  

Klarna, a global payments provider and shopping assistant, is reporting that 96% of BNPL purchases made during the 2023 Black Friday weekend in the United States were paid on time or early. Notably, 30% of American purchases were paid off early, ahead of their due… Read More

February 26, 2024 @ 8:00 am By Omar Faridi  |  

Property finance provider CrowdProperty has appointed a new Head of Intermediaries as it sets its sights on doubling its broker network. The online investment platform allows smaller investors to participate in the property finance marketplace. Steve Smith joined the company earlier this month (February), “bringing… Read More

February 26, 2024 @ 7:56 am By Omar Faridi  |  

The Texas Blockchain Council (TBC) alongside one of its members, Riot Platforms, initiated legal proceedings against the U.S. Department of Energy’s Energy Information Administration (EIA), challenging “an alleged unprecedented and illegal data collection demand against the bitcoin mining industry.” This legal action underscores the TBC’s… Read More