April 24, 2024 @ 8:19 am By Omar Faridi  |  

The United States Department of Justice is reportedly seeking a 36-month prison sentence for Binance founder and former CEO Changpeng Zhao, or “CZ.” US prosecutors are said to be seeking a potential 3-year prison sentence for Changpeng Zhao, who is the founder Binance, the world’s… Read More

April 23, 2024 @ 11:38 pm By Omar Faridi  |  

GoCardless, the bank payment company, has expanded its partnership with Intuit QuickBooks, a financial management software, with two new launches. The fintech has now introduced a GoCardless app in the Intuit Quickbooks Marketplace in Australia and the United States, “enabling more than 225,000 QuickBooks users… Read More

April 23, 2024 @ 10:40 pm By Omar Faridi  |  

Trustly announces a pledge to boost growth for businesses across Europe. In a major move to enhance the checkout experience “for millions of people,” the payments tech firm unveils the new Trustly Growth Guarantee. They are offering clients – current and new – a fresh… Read More

April 23, 2024 @ 9:44 pm By Omar Faridi  |  

VC activity has remained consistent throughout the VC downturn since Q3 2022, “leaving aside the tech giant megadeals that commit upfront funds for future cloud purchases,” according to an update from PitchBook. PitchBook notes in a report that they have “tracked $22.3 billion invested in… Read More

April 23, 2024 @ 9:43 pm By Omar Faridi  |  

According to PensionBee’s latest Pension Confidence Index, Brits feel more positive than negative about their retirement prospects, for the first time in six months. Positive pension sentiment has “surged in the last three months, with the Pension Confidence Indicator soaring to +22 in March 2024.”… Read More

April 23, 2024 @ 9:37 pm By JD Alois  |  

While Fundrise continues to pound the table on its newish early-stage investment fund with non-stop commercials on CNBC, the company is quietly generating decent returns on the legacy side of the business of real estate investments. According to a recent report, the Fundrise Flagship Fund… Read More

April 23, 2024 @ 9:24 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Bird (formerly MessageBird), a global communication platform, to power Bird’s international payments operations. Powering Bird’s global payments infrastructure Bird’s platform, applications and APIs help 29,000+ businesses “to streamline conversations and… Read More

April 23, 2024 @ 9:23 pm By Omar Faridi  |  

The KILT team has completed all milestones of the Polkadot Treasury Grant for developing the Decentralized Identity Provider (DIP), and DIP is now ready for use. Using DIP, any chain can become “an identity provider, and any parachain (and, in the future, external chains) can… Read More

April 23, 2024 @ 9:21 pm By Omar Faridi  |  

The future is multichain, according to an update from Uniswap Labs. Over 3M addresses have swapped on multiple chains with Uniswap, the team at Uniswap Labs reveals. As covered, the Uniswap Protocol claims to be the largest decentralized trading and automated market-making protocol on Ethereum… Read More

April 23, 2024 @ 9:18 pm By Omar Faridi  |  

The Securities and Exchange Commission (SEC) in the Philippines has announced that it wants Google and Apple app stores to remove the Binance app. The Securities and Exchange Commission (SEC) in the Southeast Asian country is reportedly working with tech giants Google and Apple for… Read More

April 23, 2024 @ 6:39 pm By Omar Faridi  |  

Anchorage Digital says that it made a strong debut to 2024: they launched Porto, their new self-custody wallet for institutions, exceeded an all-time-high of $50 billion in assets under custody, announced partnerships with wealth management platforms, and expanded custody to support tokenized money market funds…. Read More

April 23, 2024 @ 2:05 pm By JD Alois  |  

DealMaker, a  broker-dealer that specializes in online capital formation, has posted an example of an issuer that has raised funding multiple times utilizing different platforms. In venture capital (VC), it is typical for a company to start with a Seed Round and then move on… Read More

April 23, 2024 @ 12:33 pm By JD Alois  |  

DWealth Education and dVIN are partnering on an initiative to “bring blockchain proficiency and economic opportunity to the global investment-grade wine ecosystem.” dVIN is a blockchain-based platform for the wine market. The company says it will introduce a digital asset dubbed $VIN (Vincoin) later in… Read More

April 23, 2024 @ 12:11 pm By JD Alois  |  

The American Fintech Council (AFC) has sent a letter to the FDIC [Federal Deposit Insurance Corporating] for its activity directed towards innovative financial services firms. The letter, signed by Phil Goldfeder, CEO of AFC, claims the FDIC has “systematically changed its posture towards innovation,” utilizing… Read More

April 23, 2024 @ 11:25 am By Omar Faridi  |  

In conjunction with Earth Day, PolicyStreet, a regional insurtech company, collaborates with ERTH, a social enterprise dedicated to the collection and recycling of e-waste, to insure the ERTH Heroes while on the job. The ERTH Heroes, who are gig workers, will “receive complimentary on-the-job personal… Read More

April 23, 2024 @ 10:20 am By JD Alois  |  

Goldman Sachs (NYSE:GS) , the most respected investment bank in the world, is continuing its retreat from retail Fintech services as it revealed this week that Marcus Invest, its Fintech wealth management platform, would be shuttered and services picked up by Betterment, a registered investment adviser…. Read More

April 23, 2024 @ 8:28 am By Tony Zerucha  |  

On April 21, Trulioo, an identity verification platform, announced a collaboration with Nium, a provider of real-time cross-border payments. Nium integrated Trulioo’s Person Match identity verification capability to deliver compliant payment experiences for its U.K. operations. The companies first partnered in 2015, initially for Nium’s… Read More

April 23, 2024 @ 8:26 am By Omar Faridi  |  

PeerBerry’s business partners – real estate developers Lithome and SIB Group– have now reportedly repaid investors two loans totaling €1.79 million with interest. As noted in a blog post by PeerBerry, Lithome has repaid a one-year term loan of €750,000 (the real estate project “Baltupio… Read More

April 23, 2024 @ 8:24 am By Omar Faridi  |  

CoinMENA B.S.C., a crypto asset platform licensed by the Central Bank of Bahrain and sister company CoinMENA FZE, licensed by the Dubai Virtual Asset Regulatory Authority (VARA), proudly announces a partnership with Zodia Markets, a UK headquartered digital asset trading business, backed by Standard Chartered…. Read More

April 23, 2024 @ 8:23 am By Omar Faridi  |  

After a challenging period for the cryptocurrency / digital assets market last year, investor optimism and confidence in digital assets has returned – albeit with some reservations. This is shown by the results of a joint survey conducted by KPMG in Germany and BTC-ECHO, the… Read More