September 15, 2023 @ 12:45 pm By Michael Wong  |  

Codeless AI infrastructure company Pixis has announced raising $85 million in its recent Series C1 funding round, anchored by Touring Capital and backed by new and returning investors such as Grupo Carso, General Atlantic, Celesta Capital, and Chiratae Ventures. The fresh funding increases Pixis’ total capital… Read More

September 15, 2023 @ 12:33 pm By Michael Wong  |  

Databricks, a data and artificial intelligence company has successfully raised over $500 million in its Series I funding round, bringing the company’s valuation to $43 billion. With this move, each share of the company is now valued at $73.50, according to an announcement. The financing… Read More

September 15, 2023 @ 12:17 pm By Omar Faridi  |  

US-headquartered crypto firm Ripple recently stated that it intends to keep fighting the current lawsuit with the US Securities and Exchange Commission (SEC). The dustup with the regulator is emblematic of the broader challenges digital asset firms face in the US as the SEC has… Read More

September 15, 2023 @ 12:11 pm By Omar Faridi  |  

The team at TWINO is pleased to announce the expansion of TWINO Group lending operations into the Philippines, in a continued partnership with VIA SMS Group under the VAMO brand. Thus, VAMO Philippines securities are now “available for investments on TWINO platform allowing you to… Read More

September 15, 2023 @ 11:15 am By Omar Faridi  |  

Philcoin, the blockchain platform dedicated to philanthropy, announces its collaboration with the Repton Family of Schools in the UAE. This partnership, part of Excella‘s esteemed network of high-performing K-12 institutions, promises to “turn student achievements into tools for fostering philanthropy through cryptocurrency tokens.” As the… Read More

September 15, 2023 @ 11:12 am By Tony Zerucha  |  

Nearly half of borrowers are experiencing considerable stress following the conclusion of the federal student loan forbearance. More than one in four are concerned that resuming payments will force them to take on more debt to make ends meet, according to a new survey by… Read More

September 15, 2023 @ 10:55 am By Omar Faridi  |  

MX Technologies, Inc., which claims to be an industry leader in Open Finance, announced it has named Michael Whitacre as Chief Commercial Officer, effective October 2, 2023. Michael brings more than 30 years of experience “leading world-class revenue and sales organizations focused on helping financial… Read More

September 15, 2023 @ 10:47 am By Omar Faridi  |  

ClearBank Ltd., an enabler of bank accounts, real-time clearing, and embedded banking for financial institutions, presents its unaudited H1 2023 results. The bank saw “a 144% YoY increase in revenues from £20.2m in H1 2022 to £49.3m in H1 2023.” Over the same period, customer… Read More

September 15, 2023 @ 10:30 am By JD Alois  |  

The Securities and Exchange Commission (SEC), Investor Advisory Committee will meet next week and will discuss two very important policy items that impact capital raising for private firms. The first panel discussion will review exempt securities offerings under Reg D. This exemption, only available to… Read More

September 15, 2023 @ 9:57 am By JD Alois  |  

The Japanese government will allow startups to raise capital selling crypto as opposed to shares in a company. This is according to a report posted on Nikkei today. Explaining that Japan is falling behind the rest of the world in the utilization of digital assets,… Read More

September 15, 2023 @ 9:33 am By Omar Faridi  |  

Forge Global has shared the latest Private Market Update with CI. The report, prepared by global private securities marketplace, Forge Global (NYSE: FRGE), includes key insights based on the most current developments. The Forge Private Market Index, which tracks the most liquid private companies on… Read More

September 15, 2023 @ 9:12 am By Tony Zerucha  |  

iProov, a provider of facial biometrics solutions, this week announced a new partnership with Estonia-based Cybernetica, a company focused on delivering future-proof technologies for secure digital societies. The partnership will see the companies collaborate to create a multi-factor authentication (MFA) digital identity solution for government… Read More

September 15, 2023 @ 9:09 am By Omar Faridi  |  

Empeon, the enterprise-grade Human Capital Management (HCM) platform for health systems, announces its partnership with Keeper, an earned wage access (EWA) platform for healthcare workers. The two software providers are joining forces “to give healthcare organizations a powerful tool to combat chronic healthcare labor shortages… Read More

September 15, 2023 @ 9:01 am By Omar Faridi  |  

CertiK and Safeheron, an enterprise key self-custody service provider, are joining forces to raise the standard of transparency in private key management. The result of this collaboration is “a new verification mechanism to help users ensure projects have adopted enhanced private key management solutions.” Directly… Read More

September 15, 2023 @ 8:52 am By Omar Faridi  |  

Certain executives working at the US division of Binance are reportedly leaving at a time when the crypto firm is struggling with heightened regulatory scrutiny, the WSJ reported this past Thursday, citing sources familiar with the issue. Krishna Juvvadi, head of legal, and Sidney Majalya,… Read More

September 15, 2023 @ 8:28 am By Omar Faridi  |  

Lunar doubles net interest and fee income in the first half of 2023 “compared to the same period last year.” At the same time, Lunar continues its investments in “developing the business and the product range to become the best everyday bank in the Nordics.”… Read More

September 15, 2023 @ 8:23 am By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $33 million Series D extension. The funding was led by QED Investors “with participation from returning investors Geodesic Capital, Allegis Capital, Hudson Structured Capital Management Ltd. (doing its… Read More

September 15, 2023 @ 8:17 am By Tony Zerucha  |  

This week, Apiture, a provider of digital banking solutions, announced the introduction of family banking through a partnership with Greenlight, a fintech company on a mission to help parents raise financially smart kids. Through the Greenlight for Banks program, Greenlight’s family finance app is now… Read More

September 14, 2023 @ 9:06 pm By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, has expanded its presence to Singapore. This makes Zodia Custody the first entity “that is owned by, and partnered with, banks to provide digital asset custody services for… Read More

September 14, 2023 @ 9:02 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and Workday (NASDAQ: WDAY) are expanding their partnership to help organizations reinvent their finance functions to be more agile, data-driven and customer-centric. The companies are collaborating “to develop a suite of data-led, composable finance solutions that can be configured and reconfigured to… Read More