September 28, 2023 @ 11:21 am By Omar Faridi  |  

Perenna is pleased to announce they’ve raised over £42m in our latest fundraise, which was reportedly “led by Silverstripe Investment Management, alongside participation from existing investors.” This successful fundraise is a major milestone for Perenna’s rapidly growing company, and “testament” to the great team they… Read More

September 28, 2023 @ 10:59 am By Michael Wong  |  

OpenAI, the company behind ChatGPT, is considering selling existing shares at a much higher valuation to investors, according to a report by the Wall Street Journal. The report said the deal could value OpenAI, which is backed by Microsoft, at between $80 billion and $90… Read More

September 28, 2023 @ 9:22 am By JD Alois  |  

  European online investment platform EstateGuru has signed an agreement with Crowd Credit in Japan, where the platform will invest up to €10 million in projects listed on the EstateGuru platform. EstateGuru, based in Estonia, is an online lending platform that allows any investor to… Read More

September 28, 2023 @ 9:08 am By Omar Faridi  |  

One year after the launch of its Spanish office, iBanFirst, the European alternative for international payments with 13 offices in 10 countries, has “appointed Luis Miguel García de Águeda as the country manager for Spain, marking an important milestone in the company’s operations on the… Read More

September 28, 2023 @ 9:06 am By Omar Faridi  |  

ChargeAfter, the embedded lending platform for point-of-sale financing, announced that Removery, the world’s tattoo removal service providers, chose ChargeAfter in order to power its upgraded consumer financing offer. ChargeAfter was selected to enhance Removery’s client experience by “offering a fast, seamless, and transparent financing process… Read More

September 28, 2023 @ 8:53 am By JD Alois  |  

Coinbase International Exchange (NASDAQ:COIN) has been approved by the Bermuda Monetary Authority (BMA) to enable perpetual futures for eligible non-US retail customers in certain jurisdictions, according to a statement by the company. Coinbase said it will begin to offer perpetual futures trading in the next… Read More

September 28, 2023 @ 8:35 am By Omar Faridi  |  

Ramp, a financial technology company building payment rails connecting crypto to the global financial system, announced a strategic partnership with MetaMask, the self-custody web3 platform. The collaboration kicks off with the integration of Ramp’s on-ramp services directly into MetaMask’s mobile application and MetaMask Portfolio. This… Read More

September 28, 2023 @ 8:32 am By Michael Wong  |  

Startups in Southeast Asia continue to struggle with funding as ecosystem funding falls to a five-year low for the third quarter of this year, according to a report released by SaaS-based market intelligence platform Tracxn. The report said the tech startup ecosystem in Southeast Asia… Read More

September 28, 2023 @ 8:02 am By Omar Faridi  |  

TruStage, an insurance, investment and technology provider, built on years of experience providing payment protection solutions to credit unions, announced the availability of its newest lending solution–Payment Guard Insurance. The Payment Guard product is a key innovation in the digital lending / insurance space. It… Read More

September 28, 2023 @ 6:06 am By Omar Faridi  |  

Fastpath, a global firm focused on application governance, risk, and compliance, is expanding its partnership with the Chartered Institute of Internal Auditors (Chartered IIA), the internal audit firm focused on standards, certification, education, research, and technical guidance in the UK and Ireland. The alliance will… Read More

September 27, 2023 @ 11:07 pm By Omar Faridi  |  

Dreamus, the entertainment events and streaming pioneer supporting globally known K-pop stars and most South Korean concert ticket sales, is now using Avalanche. The 21M loyalty users of its popular ticketing app, OK Cashbag, “can now buy Avalanche-backed tickets in just a few clicks.” Dreamus,… Read More

September 27, 2023 @ 11:03 pm By Omar Faridi  |  

The MENA region reportedly has the sixth largest crypto economy of any region studied this year, “with an estimated $389.8 billion in on-chain value received between July 2022 and June 2023,” according to an update from Chainalysis. Chainalysis also mentioned that this “represents nearly 7.2%… Read More

September 27, 2023 @ 11:01 pm By Omar Faridi  |  

SME Finance, the Fintech reinventing growth financing for small- and medium-sized enterprises, and Okredo, the open data platform for risk assessment and business growth, have partnered to launch the risk-based credit pre-offer in the Baltic region. The solution streamlines and simplifies business financing processes “by… Read More

September 27, 2023 @ 10:58 pm By Michael Wong  |  

A survey jointly conducted by the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) showed money market funds were the top-selling collective investment schemes (CIS) as reported by the city’s licensed corporations (LCs) in 2022. It accounted for 61% of the… Read More

September 27, 2023 @ 4:49 pm By Omar Faridi  |  

We recently sat down with Vishal Kapoor, Head of Product at Affirm (NASDAQ: AFRM), a payment network that helps millions of consumers spend and save “responsibly” and empowers hundreds of thousands of businesses with the tools to fuel growth. In his role, Vishal leads the… Read More

September 27, 2023 @ 4:19 pm By JD Alois  |  

Boxabl, a serial issuer that has utilized online securities offerings multiple times, has raised $3.26 million in less than nine hours, according to an X. The funding round is leveraging Reg CF and managed with the services of DealMaker, a broker-dealer and tech platform that… Read More

September 27, 2023 @ 3:36 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published a long list of rule changes it intends to pursue. The complete agenda established by the Commission, under the leadership of SEC Chair Gary Gensler, is available here. One of the rule changes near the top is… Read More

September 27, 2023 @ 2:16 pm By Omar Faridi  |  

Federated Hermes, Inc. (NYSE:FHI), a global firm focused on active, responsible investing, announces the successful opening of its Federated Hermes GPE Innovation Fund II (HINF II) Commitments have been secured from British Business Investments and BT Pension Scheme (BTPS). HINF II is focused “on driving… Read More

September 27, 2023 @ 2:10 pm By Omar Faridi  |  

Kraken, one of the “longest-standing” crypto platforms, announced it has received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, Kraken has also “registered with the Bank of Spain as a Virtual Asset Service Provider (VASP).” These authorizations highlight Kraken’s… Read More

September 27, 2023 @ 2:05 pm By Omar Faridi  |  

Neo, the cross-border payments fintech, has announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double “in just under a year, reaching… Read More