September 21, 2023 @ 3:20 pm By Omar Faridi  |  

Bitpanda announced that Bitpanda Technology Solutions and Vacuumlabs are teaming up to provide a one-stop-shop solution to build trading platforms. Through Vacuumlabs’ fusion of full-scale product development and the power of Bitpanda’s APIs and licences, traditional banks and online platforms “will be empowered to offer… Read More

September 21, 2023 @ 3:18 pm By Omar Faridi  |  

Ebury, a global financial solutions provider, is pleased to announce its partnership with 360tf, one of the pioneers of trade finance facilities in the UAE region. This collaboration will aim to improve how 360tf’s clients “access international trade solutions, providing seamless and direct access to… Read More

September 21, 2023 @ 3:17 pm By Omar Faridi  |  

Percent, the private credit platform that has created the modern credit marketplace, announced a new partnership with a US-based, alternative credit investment manager focused on uncorrelated income-generating assets in niche markets. Through this partnership, an asset-backed warehouse facility “has been established, enabling Percent to bring… Read More

September 21, 2023 @ 2:11 pm By Michael Wong  |  

Singapore-based insurtech firm bolttech has announced raising $50 million in its Series B funding round anchored by impact investment firm LeapFrog Investments. The latest funding round brings bolttech’s Series B round to $246 million, marking the most substantial Series B round for any insurtech company… Read More

September 21, 2023 @ 12:42 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is considering raising the wealth threshold for the definition of an Accredited Investor. Currently, in brief, an Accredited Investor is an individual who earns over $200,000 a year or has a net worth of over $1 million. The net… Read More

September 21, 2023 @ 12:23 pm By Omar Faridi  |  

Fasanara Capital, the institutional asset manager, and Allianz Trade, the trade credit insurer, are joining forces to provide up to a $1bn financing boost to the fast-growing global B2B e-commerce sector. Fintech investors are seeking out investment opportunities “in and returns from businesses that are… Read More

September 21, 2023 @ 12:19 pm By JD Alois  |  

Crowdcube, one of the largest investment platforms in the world, has posted a brief update on its operations during the month of August. According to an “X” (previously a Tweet), during the month of August: Wombat raised the most amount of funds, booking £2,963,608. 3ti… Read More

September 21, 2023 @ 12:11 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has achieved 376% revenue growth from 2019 to 2022 and appointed seasoned technology professional Aaron Barfoot as the company’s new Chief Financial Officer to help drive Socure’s next phase of growth. Barfoot reportedly “brings over… Read More

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

Web3 software technology company, Consensys, announced the launch of its pre-accelerator program, Consensys Fellowship in order “to support early stage web3 startups.” Consensys has heard a consistent need from web3 builders “for more support for early stage startups who often suffer from an education, mentorship… Read More

September 21, 2023 @ 11:00 am By Omar Faridi  |  

Currencies Direct, an international payments provider, has partnered with Transact Payments, the firm focused on cards and payments. The partnership has enabled Currencies Direct “to launch a multi-currency debit card, giving customers the ability to spend seamlessly in over 200 countries (wherever Mastercard is accepted).”… Read More

September 21, 2023 @ 10:51 am By Omar Faridi  |  

We recently connected with Diego Lizarazo, Director of Developer Relations at Agoric. Recently, Amazon launched Cloud Tools (AMB Access and Query services), which make it easier for developers to create decentralized applications. While this is a step in the right direction, more needs to be… Read More

September 21, 2023 @ 10:36 am By Omar Faridi  |  

British Business Investments announces a £15m follow-on investment into North-West based Universal Leasing Limited. The investment, which follows an earlier £12m commitment made to Universal Leasing in 2018, allows the company “to further increase its support for smaller businesses.” The transaction will be structured “as… Read More

September 21, 2023 @ 10:22 am By Michael Wong  |  

A landmark cooperation agreement has been forged between the International Finance Corporation (IFC) and the Banking Association of Bosnia and Herzegovina (UBBiH). This collaboration is set to strengthen the environmental, social, and corporate governance (ESG) capabilities of Bosnia and Herzegovina’s banking industry. The alliance strives… Read More

September 21, 2023 @ 10:11 am By JD Alois  |  

Global bank Standard Chartered has announced the release of a Banking as a Service (BaaS) offering. The new service arrives via SC Ventures, the bank’s fintech and innovation subsidiary. SC Ventures was established in 2018 as a new business unit to lead digital innovation. Standard… Read More

September 21, 2023 @ 9:44 am By Omar Faridi  |  

Blockchain Founders Group and Concordium have entered into a partnership. Concordium is a permissionless Layer 1 that balances privacy with accountability, providing a fast, secure, and high-scale blockchain platform to build a safer tomorrow. As covered, Concordium is a Layer 1, “science-backed” blockchain, that balances… Read More

September 21, 2023 @ 8:53 am By Omar Faridi  |  

Cross-border payments company bridge21 announced its partnership with Bitso, the Financial Company powered by Crypto in Latin America, in order “to expand their support for local payments from the US, throughout Latin America.” According to a report, the overall cross-border payment market “stood at $176.5… Read More

September 21, 2023 @ 8:47 am By JD Alois  |  

The House Financial Services Committee has approved multiple bills, which may now move to a floor vote. Included in the roster of legislation is the “CBDC Anti-Surveillance State Act” (HR 5402). Majority Whip Tom Emmer, a longtime digital asset supporter, sponsored this bill. The bill… Read More

September 21, 2023 @ 8:31 am By Omar Faridi  |  

Digital bank Revolut, the provider of the global financial super app with 30 million clients  throughout the world, announced an expansion of its professional team as it prepares to develop various European mortgage products. With a goal to streamline mortgages and offer clients with frictionless… Read More

September 21, 2023 @ 8:26 am By JD Alois  |  

Block (NASDAQ:SQ) founder Jack Dorsey will step in as CEO of Square following the announcement that Alyssa Henry will exit the subsidiary of Block. The change in leadership was revealed in an 8-K filed with the Securities and Exchange Commission. The company stated: “Alyssa Henry,… Read More

September 21, 2023 @ 8:03 am By JD Alois  |  

The Bank of England held benchmark rates steady following the US Federal Reserve’s decision to continue its pause. The BOE said the Monetary Policy Committee voted 5 to 4 to hold the Bank Rate at 5.25%. The minority preferred to increase rates by 25 basis… Read More