September 6, 2023 @ 4:56 pm By Omar Faridi  |  

Debitum is pleased to announce that Debitum-affiliated Loan originator Sandbox Funding has issued its 1st million euros in loans. Loans have been issued “to Latvian companies from forestry and agriculture, energy, and eco-house construction industries.” Henrijs Jansons, Debitum CEO, said: “We started to test Sandbox… Read More

September 6, 2023 @ 3:33 pm By JD Alois  |  

A report on WSJ.com claims that more executives at Binance are departing the firm. Binance remains the largest crypto exchange in the world by a significant amount of activity, with Coinbase a distant second. The report says that Regional head Gleb Kostarev and Russia chief… Read More

September 6, 2023 @ 3:17 pm By Omar Faridi  |  

Henley & Partners’ inaugural publication is intended for those following crypto-assets private wealth, and investment migration trends — whether global citizens, crypto investors, wealth managers, or private bankers. The update includes key statistics on crypto and Bitcoin millionaires, centi-millionaires, and billionaires provided by global wealth intelligence… Read More

September 6, 2023 @ 1:27 pm By Omar Faridi  |  

Metro Bank has created dedicated online hubs both to support brokers who may be “working with a vulnerable client, and customers going through a period of vulnerability themselves.” The Bank has launched “a dedicated Vulnerable Customer page on its intermediary website to help brokers understand… Read More

September 6, 2023 @ 1:01 pm By Omar Faridi  |  

Robocash notes that the month of July turned out to be “active,” which is reflected in the key monthly figures. For now, Robo.cash says they are still “keeping a low-key offer and waiting for updates from the business.” As covered, Robo.cash has announced upcoming changes… Read More

September 6, 2023 @ 12:47 pm By Omar Faridi  |  

The Founders Arena WealthTech Accelerator, in strategic partnership with First Rate, Inc., SEI and the City of Arlington announced its first cohort, selecting Charityvest, InvestSuite, Lumiant.io, Manifest, Sora Finance and Tax Status in order “to participate in its inaugural accelerator program in Arlington, Texas.” As… Read More

September 6, 2023 @ 12:37 pm By Omar Faridi  |  

Modulus is beginning its recruitment drive in order to support global expansion efforts amidst the rise of digital asset sector. Modulus, a US-based developer of technology powering Wall Street, international banks, digital asset exchanges, and global regulatory commissions, revealed its plans for worldwide expansion. The… Read More

September 6, 2023 @ 12:14 pm By Omar Faridi  |  

Network International, the enabler of digital commerce across the MEA region, has announced a partnership with J.P. Morgan Payments in order “to strengthen the bank’s acquiring offering.” J.P. Morgan Payments currently “operates in over 160 countries and over 120 currencies and is one of the… Read More

September 6, 2023 @ 11:31 am By Omar Faridi  |  

In a weekly update, SlowMist reveals that there were approximately $830,000 that were lost in Web3 security incidents. According to statistics from SlowMist’s Blockchain Hacking Archive, from August 28 to September 3, 2023, there were “a total of 7 security incidents, resulting in an estimated… Read More

September 6, 2023 @ 11:11 am By Omar Faridi  |  

Travis Kling, a former L/S Equities Portfolio Manager that fell down the “Crypto rabbit hole” who’s now running the Ikigai fund, notes that as summer officially draws to a close, you may have been “away from the screens over the last few months.” Travis has… Read More

September 6, 2023 @ 10:39 am By JD Alois  |  

Anti-money laundering (AML) and KYC service provider Strise has raised $10.8 million in Series A funding. Atomico led the funding round, which included existing investors. A valuation of the company was not immediately available. Atomico Partner Don Hoang, a former senior executive at Uber and… Read More

September 6, 2023 @ 9:59 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced that the Small Business Capital Formation Advisory Committee (SBCFAC) has scheduled a meeting to take place on September 19th. This is only the second meeting following the Commission’s change of members on SBCFAC. An agenda is not… Read More

September 6, 2023 @ 9:39 am By Omar Faridi  |  

James Butterfill from CoinShares notes that have been minor outflows, but inflows for Bitcoin. So, is negative sentiment “on the turn?” As noted in the update from CoinShares, digital asset investment product flows cooled off, with relatively minor outflows totaling US$11.2 million. This run of negative… Read More

September 6, 2023 @ 9:34 am By Michael Wong  |  

Artificial intelligence (AI) technology provider Elemental Cognition (EC.ai), has announced raising $60 million in its Series B funding round, with notable participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individual investors. The investment will be utilized to accelerate the commercial… Read More

September 6, 2023 @ 9:32 am By Omar Faridi  |  

In August, PeerBerry reportedly crossed two key milestones. PeerBerry investors funded “a record amount of EUR 75.36 million in loans, exceeding a pre-war level”. It is the largest amount funded “in one month on the platform in PeerBerry’s six-year history.” At the end of August,… Read More

September 6, 2023 @ 9:30 am By Omar Faridi  |  

Financial-sector assessments are gauging the effects of elevated borrowing costs, and the prospect that central banks “may keep policy rates higher for longer than investors expect,” according to an update shared by the International Monetary Fund (IMF). Tobias Adrian, Hiroko Oura from the IMF have… Read More

September 6, 2023 @ 9:27 am By Omar Faridi  |  

GenTwo, a Swiss-based B2B Fintech platform specialized in securitization of bankable and non-bankable assets, announced that it has raised a USD 15 million Series A led by US-based Point72 Ventures. In conjunction with the investment round, Pete Casella, Senior Partner and Co-Head of Fintech investments… Read More

September 6, 2023 @ 9:25 am By Omar Faridi  |  

D3 Global, a domain name company, is pleased to announce the successful close of its $5 million seed funding round, “led by Shima Capital with participation from Lightshift, Dispersion Capital, VentureSouq, Infinite Capital, MZ Web3 Fund, Kestrel0x1, Nonagon, C² Ventures, Arthur Hayes’ Maelstrom, and Identity… Read More

September 6, 2023 @ 7:56 am By Michael Wong  |  

Global crypto exchange and Web3 company OKX has announced its support for the upcoming migration of Dora Factory (DORA) tokens, scheduled to take place on September 6, 2023, at 11:00 (UTC). In line with Dora Factory’s official token migration plan, OKX will cancel all pending… Read More

September 6, 2023 @ 7:54 am By Omar Faridi  |  

Veridas, a Spanish technology company specializing in digital identity and biometrics,  announces its Voice Biometrics Solution is now “available on the Genesys AppFoundry, a marketplace of solutions offering a curated selection of applications and integrations that elevate customer and employee experiences.” With Veridas Voice Biometrics,… Read More