February 7, 2024 @ 11:25 pm By Omar Faridi  |  

Tuum has reportedly secured a € 25m Series B investment, spearheaded by CommerzVentures and “bolstered by Speedinvest, along with the continued support of our existing investors.” Tuum‘s said the funding round underpinned their “dedication to spearhead a banking revolution with agile, expansive solutions.” Tuum has… Read More

February 7, 2024 @ 9:29 pm By Omar Faridi  |  

Inbank has entered into a partnership with Montonio, a provider of checkout solutions in Estonia. The initial phase of the partnership will “be rolled out in Estonia, with future plans to expand to other markets.” Montonio is known for offering “a range of payment and… Read More

February 7, 2024 @ 7:02 pm By JD Alois  |  

Institutional digital asset infrastructure firm Paxos is integrating Chainlink’s PayPal USD price feed to accelerate the tokenization economy. Paxos also wants to boost the adoption of PYUSD – a dollar-based stablecoin powered by Paxos and issued by PayPal. At the same time, Chainlink and Paxos… Read More

February 7, 2024 @ 6:49 pm By Omar Faridi  |  

Liberis, an embedded finance provider, has partnered with Alloy, an identity risk management company working with 500 global banks and Fintechs. The partnership is expected to enable Liberis to simplify the merchant experience by integrating automated compliance verifications. Additionally, it will facilitate “the creation of… Read More

February 7, 2024 @ 6:38 pm By Omar Faridi  |  

NovoPayment, a mission-critical financial and payments infrastructure provider, announced today that it has received Mastercard certification, as part of the Mastercard Network Enablement Partner program, to switch and process Mastercard transactions in Mexico. The Network Enablement Partner (NEP) program is “a Mastercard initiative that enables… Read More

February 7, 2024 @ 6:36 pm By Omar Faridi  |  

B2B payments platform Sprinque announces a partnership with Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms. The collaboration enables merchants and marketplaces “to take advantage of holistic and customisable payments infrastructures and terms, allowing them to grow revenues by tapping into… Read More

February 7, 2024 @ 6:34 pm By Omar Faridi  |  

Ant International, a digital payment and financial services leader dedicated to building an inclusive and sustainable global commerce ecosystem, is expanding its existing partnership with Yapily, the European open banking platform to introduce Europe’s first-ever commercial variable recurring payments (VRPs) for e-commerce via Open Banking… Read More

February 7, 2024 @ 1:48 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed another enforcement action targeting a digital asset firm. The SEC has filed charges against TradeStation Crypto, alleging an unregistered offering of a “crypto asset lending product.” TradeStation Crypto has settled the charges without admitting or denying the… Read More

February 7, 2024 @ 12:08 pm By Omar Faridi  |  

Kin, the digital, direct-to-consumer home insurance company, announced the closing of $15 million in financing from new investor Activate Capital, a growth-stage VC firm focused on the sustainable, resilient transformation of the global economy. Raising at an increased valuation, greater than $1 billion, is an… Read More

February 7, 2024 @ 11:00 am By JD Alois  |  

Germany-based Moonfare says it will soon provide access to retail investors to “top tier” private equity managers following the introduction of new EU regulations last month. Additionally, limited secondary trading is available on the platform. The new rules came into effect on January 10, 2024…. Read More

February 7, 2024 @ 10:41 am By JD Alois  |  

Anchorage Digital, an institutional digital asset platform, and FusionIQ say they can now offer crypto investments for financial advisors and institutions. Going forward, financial advisors and institutions will be able to access regulated digital assets alongside more traditional asset classes. The two firms describe the… Read More

February 7, 2024 @ 10:28 am By Omar Faridi  |  

Bybit, which claims to be one of the largest crypto exchanges by volume, has polled its internal professionals and created a free toolkit that allows investors to find undervalued crypto projects. The Crypto Investment Analysis Toolkit stems from Bybit‘s mission “to be the world’s Crypto… Read More

February 7, 2024 @ 9:40 am By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Puerto-Rico headquartered Segura Bank International, Corp. (SBI) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high earners in Latin America. Temenos’ cloud-native platform will “enable SBI, which… Read More

February 7, 2024 @ 9:14 am By JD Alois  |  

The Hashgraph Association (THA) has announced a partnership with the Ministry Of Investment Of Saudi Arabia (MISA) to launch a DeepTech Venture Studio. The entity aims to help local Saudi firms, as well as other portfolio companies, establish operations in the country while leveraging technology… Read More

February 7, 2024 @ 8:13 am By JD Alois  |  

The Financial Technology Association (FTA) has issued a statement on the Protecting Innovation in Investment Act. The FTA supports the legislation, explaining that it will support consumers ability to benefit from wealth-building services by blocking the Securities and Exchange Commission (SEC) from undermining tech advancement… Read More

February 7, 2024 @ 7:57 am By Omar Faridi  |  

UK fintech Atlantic Money is set to offer its fixed-fee money transfers across additional major markets. Within 1.5 years of launching in the UK, Atlantic Money has “met relevant requirements to offer its services in the United States, Canada and Australia.” Users will be able… Read More

February 7, 2024 @ 7:53 am By Omar Faridi  |  

Obligate has formed a strategic partnership with Archax, a digital asset services provider based in London. Through this partnership, Obligate provides its platform “for on-chain capital markets, while Archax contributes its extensive service offering in digital asset management.” As a first service, Obligate clients will… Read More

February 7, 2024 @ 7:50 am By Omar Faridi  |  

Binance announced that it will delist several crypto tokens, including privacy coin Monero. The list includes ANT, MULTI, VAI, and XMR, which will be removed on February 20th, 2024. Binance claims it regularly reviews each digital asset it lists to ensure that it “continues to… Read More

February 6, 2024 @ 10:27 pm By Omar Faridi  |  

Ironically, according to Dima Kats, CEO of Clear Junction, banks and financial institutions are probably some of the most unbanked segments in the world. From high fees to long settlement times, regulatory pressures to difficulty in accessing multi-country payment options, the issues and barriers facing… Read More

February 6, 2024 @ 10:23 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, reaches the milestone of 1.5 million users of “Modo Rua,” a security feature that allows users to set a maximum total value for transactions via Pix, TED, or boleto… Read More