January 26, 2024 @ 11:13 am By Omar Faridi  |  

XSquare, a B2B payments fintech has inked a partnership with Reltime, a Web 3.0 and Layer 1 Blockchain platform with wide ranging applications. This partnership will aim to “ensure security, transparency, automation and accuracy in B2B payment solutions from XSquare, including transaction processing, accounts bookkeeping… Read More

January 26, 2024 @ 11:09 am By Omar Faridi  |  

Axyon AI, an Italian AI fintech company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by The Techshop SGR, alongside other angel investors. The investment round marks a new chapter in Axyon AI’s journey “towards revolutionising… Read More

January 26, 2024 @ 11:00 am By JD Alois  |  

Following the news that they are cutting employee headcount in Europe, Seedrs has promoted several executives while revealing the departure of its CEO. According to a blog post authored by Seedrs founder and Executive Chairman Jeff Lynn – John Lake and Joel Ippoliti have leveled up within… Read More

January 26, 2024 @ 10:33 am By Omar Faridi  |  

Taurus, a regulated securities firm, is pleased to announce that TDX, its digital asset organized trading facility, and its financial services at large are now open to retail clients following FINMA approval. In addition to professional clients, retail clients can now “create an account and… Read More

January 26, 2024 @ 10:30 am By Omar Faridi  |  

Global digital asset banking group Sygnum announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this… Read More

January 26, 2024 @ 10:16 am By JD Alois  |  

UK-based AltFi, a digital news publication covering financial technology, has announced it will be shutting down. Launched ten years ago just as Fintech was emerging as a hot sector of financial services, AltFi was known for its coverage of the UK market and annual events…. Read More

January 26, 2024 @ 9:11 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading Web3 technology company OKX, today published its 2024 Bitcoin Outlook’ report. The research report forecasts a pivotal role for Bitcoin‘s Ordinals in 2024, “based on the growth of OKX Wallet’s total Ordinals trading volume in 2023, which exceeded… Read More

January 26, 2024 @ 9:11 am By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) is pleased to announce Banno Business, a new solution that enables community and regional financial institutions “to offer modern banking experiences for small-to-medium businesses (SMBs).” Community banks and credit unions are “well-positioned to support SMBs because of their knowledge of the… Read More

January 26, 2024 @ 9:05 am By Omar Faridi  |  

BitGo announces its partnership and investment from Brink’s Global Services, a global leader in secure logistics and asset protection. This investment comes after BitGo’s most recent $100M Series C financing “from new, outside strategic investors with a valuation of $1.75B.” Baylor Myers, Vice President of… Read More

January 26, 2024 @ 8:54 am By JD Alois  |  

The Digital Lending Association (DLA) in Germany has added two new members: Euro ABS and GvW Graf von Westphalen. Euro ABS services the asset-backed security market globally. GvW Graf von Westphalen is a partnership of attorneys and tax consultants with offices across Germany but providing… Read More

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

UK neobank Science Card collaborates with UCL Mechanical Engineering to generate research funding for neurodegenerative diseases. Science Card, the home of Britain’s e-money current accounts dedicated to accelerating science and innovation, has announced the launch on its platform of a research project on neurodegenerative diseases,… Read More

January 26, 2024 @ 8:16 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), has appointed Andrew Brandman as Chief Customer Officer (CCO). Based in New York, Andrew will drive global growth by “continuing to deliver successful outcomes for Fenergo’s growing and… Read More

January 26, 2024 @ 3:56 am By Michael Wong  |  

Digital lending platform Vivifi India Finance has raise $75 million in a Series B funding round to further extend loans to the salaried class as well as small businesses in India. This latest infusion of capital comprises $15 million in equity and $60 million in… Read More

January 26, 2024 @ 3:22 am By Omar Faridi  |  

Tink, the firm focused on open banking, has launched ‘Risk Signals’ – a rules-based risk engine that unlocks instant payment experiences across Europe, while minimizing risk. In some European markets, bank transfers “can take up to three days to settle depending on the scheme, with… Read More

January 25, 2024 @ 11:18 pm By Omar Faridi  |  

BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, announced a $90 million growth equity investment from FTV Capital, a sector-focused growth equity investor with more than 25 years of experience in enterprise technology and services, financial services, and payments and transaction… Read More

January 25, 2024 @ 6:03 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app “for a monthly fee of $7.99.” Klarna Plus… Read More

January 25, 2024 @ 5:57 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced recently its activation of crypto capabilities in several new international markets in Asia, Europe, North America and South America with existing clients Hapi and SogoTrade. Bakkt and stock trading platform Hapi have reportedly “broadened their active crypto trading capabilities… Read More

January 25, 2024 @ 3:49 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) Office of Investor Education and Advocacy, the North American Securities Administrators Association (NASAA), and the Financial Industry Regulatory Authority (FINRA) have jointly issued a warning regarding the rise of investment frauds involving the use of artificial intelligence (AI) –… Read More

January 25, 2024 @ 3:35 pm By JD Alois  |  

While shares in digital bank LendingClub (NYSE: LC) have been a bit of a dog, some people see value in the future of the company. One big investor recently added shares to its holding. BlackRock recently filed an Amended Statement of Ownership showing an increase… Read More

January 25, 2024 @ 12:43 pm By Omar Faridi  |  

Zillow (NASDAQ: Z and ZG) is introducing a new feature that allows renters who pay their rent on Zillow to have their on-time payments “reported to a major national credit bureau at no cost to them.” According to Zillow, this is reportedly a “first” for… Read More