January 28, 2024 @ 6:47 pm By Michael Wong  |  

Digital banks are now seeking to engage with the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, to establish multilateral relationships and foster an open banking ecosystem. This initiative aims to attract more borrowers and support the operation of digital banks in… Read More

January 28, 2024 @ 11:55 am By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL), which claims to be a leader in expanding financial access for financial institutions, retailers and consumers, has recently announced that Grow Financial Federal Credit Union has chosen Atleos ATM as a Service (ATMaaS) to transform its self-service banking channel for… Read More

January 28, 2024 @ 11:29 am By Omar Faridi  |  

ServiceNow (NYSE: NOW), the digital workflow company making the world work better for everyone, announced today a five-year strategic alliance with Visa, a digital payments provider, to transform payment services. The initial phase includes “the launch of ServiceNow Disputes Management, Built with Visa—a single, connected… Read More

January 27, 2024 @ 4:47 pm By Omar Faridi  |  

Torpago, a commercial credit card and spend management provider, Marqeta (NASDAQ: MQ) strategic partner of Torpago and the global modern card issuing platform, and Sunwest Bank, a leading entrepreneurial business bank, announce the launch of Sunwest Visionary Card, Sunwest’s commercial credit card and expense management… Read More

January 27, 2024 @ 4:45 pm By Omar Faridi  |  

Better Home & Finance Holding Company (NASDAQ:BETR), the  digital homeownership company and the first fintech lender to achieve $100B in funded loans,  announced the launch of Better Insurance, the white labeled solution that allows customers to purchase homeowners insurance through “a fully online experience.” Better… Read More

January 27, 2024 @ 4:42 pm By Michael Wong  |  

Targeted Lending Co, a player in the equipment finance industry, has announced the successful closure of a $50 million credit facility with Wells Fargo Capital Finance. This strategic financial move underlines the company’s commitment to providing essential liquidity to small businesses, especially during times when… Read More

January 27, 2024 @ 4:38 pm By Omar Faridi  |  

Eco Inc, the crypto payments company with $95 million in funding from a16z, Coinbase Ventures, and other top technology investors, announced the acquisition of Join, a stablecoin-powered shopping app. This acquisition aligns with Eco’s vision to “create a more efficient, decentralized payment system, breaking away… Read More

January 27, 2024 @ 4:35 pm By Omar Faridi  |  

SEON, the end-to-end fraud prevention and AML platform helping companies mitigate fraud and safeguard against revenue threats, announced the expansion of its executive leadership with the appointment of Björn Heckel as Chief Technology Officer. With more than 20 years of experience as a software engineering… Read More

January 27, 2024 @ 11:48 am By Omar Faridi  |  

Global digital transformation firm GFT Technologies SE agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers “across Latin America and also increases its global delivery capability.”… Read More

January 27, 2024 @ 11:37 am By Omar Faridi  |  

Kraken, one of the world’s longest-standing and “most secure” crypto platforms, announced it is further strengthening its leadership team with two key appointments that will help position the company for continued growth amid evolving regulatory environments globally. With the appointment of Gilles BianRosa as Chief… Read More

January 27, 2024 @ 9:56 am By Omar Faridi  |  

Masa Network, builder of the decentralized data marketplace, announced $5.4M in its seed fundraising round led by Anagram, co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan. Additional investors reportedly “include Avalanche Blizzard Fund, Digital Currency Group, GoldenTree, OP Crypto, Unshackled… Read More

January 27, 2024 @ 4:55 am By Omar Faridi  |  

TaxBit, the provider of tax and compliance solutions for digital assets, announced today that it has been selected by Gemini, a cryptocurrency exchange, as its CESOP reporting solution. Gemini’s decision to integrate with TaxBit expands “the two companies’ long-standing relationship, underscoring its dedication to regulatory… Read More

January 26, 2024 @ 5:50 pm By Omar Faridi  |  

KlariVis, the data analytics partner for community banks nationwide, announced its partnership with b1BANK. b1BANK, a community bank headquartered in Baton Rouge, La., was “founded in 2006 to support local entrepreneurs and small businesses.” Thanks to a strong commitment to relationship-based banking and technology, the… Read More

January 26, 2024 @ 5:42 pm By JD Alois  |  

EquityMultiple, an established real estate crowdfunding platform, is looking to raise money on Wefunder. According to the filing with the SEC, EquityMultiple aims to raise up to $3.5 million. The company is selling a SAFE, which allows investors to purchase preferred shares at a future… Read More

January 26, 2024 @ 5:14 pm By JD Alois  |  

Approximately $132 million in Bitcoin will be auctioned off by the Feds as part of the seizure from dark web activity. ($129,251,164.54 + $3,304,833.65) According to a notice filed by the US Department of Justice, Bitcoin seized from Ryan Farace and Sean Bridges in 2021… Read More

January 26, 2024 @ 4:04 pm By Omar Faridi  |  

Nu. Colombia Financial Company, a subsidiary of Nu Holdings in the country, announced the opening of the “Launch List” for “Cuenta Nu,” its latest product, which aims to provide Colombians with a savings experience through the market’s “most competitive” offering. Cuenta Nu is a digital… Read More

January 26, 2024 @ 4:02 pm By Omar Faridi  |  

Marstone, Inc., a digital investment and wealth planning firm, today announced it has raised an $8M Series B financing round led by Mendon Venture Partners and South Rose Capital, alongside new investors including the Castle Creek Launchpad Fund. The round also reportedly “includes existing investor… Read More

January 26, 2024 @ 3:51 pm By Omar Faridi  |  

Specialist technology consultancy Lab49, an ION company, and interop.io, the interoperability provider for the finance industry, have announced a new joint implementation partnership in order “to modernize the trading desktop user experience for traders, portfolio managers, risk managers, and other financial professionals.” The new partnership… Read More

January 26, 2024 @ 11:29 am By Michael Wong  |  

Addlly AI, a Singapore-based Generative AI startup, announced the successful closure of its seed funding round, achieving a valuation cap of S$5 million. The fresh funding will be used for the strategic expansion of the company’s capabilities in AI-driven digital marketing, according to the announcement…. Read More

January 26, 2024 @ 11:26 am By JD Alois  |  

ieDigital is reporting that it has acquired ABAKA as part of a strategy to provide AI-powered Fintech to credit unions in the US. Typically, financial services firms like credit unions or smaller banks do not have the capacity to develop Fintech in house. Thus they… Read More