Tagged: california

InvestCloud Assists Rabobank with Providing Financial Planning Services

InvestCloud, which claims to be the international leader in digital transformation for the financial industry, recently announced that it is supporting Rabobank, one of the Netherlands’ largest banks, in order “to provide digital financial planning for all its customers, from private banking to retail clients.”… Read More

Anchorage Digital, IEEE Portugal Section Partner on Blockchain/DLT Education Initiatives

Anchorage Digital and the Institute of Electrical and Electronics Engineers (IEEE) Portugal Section are pleased to announce a partnership “focused on educating the next generation of engineers and technologists about blockchain, distributed systems, and cryptography.” Together, Anchorage and IEEE Portugal (with more than 1,300 members… Read More

Subskribe Adds Revenue Recognition to Quote, Billing Platform for SaaS Firms

SaaS or software-as-a-service firms are able to sign a deal, send an invoice, even receive funds. But they can’t book the revenue — or “recognize” it, in accounting lingo — “until they’ve delivered the service.” With SaaS, the bookkeeping “gets tricky,” according to an update… Read More

Blockchain Intelligence Group Introduces NFT Explorer

Blockchain Intelligence Group, a global cryptocurrency compliance and intelligence company, owned by BIGG Digital Assets Inc. (CSE: BIGG), is pleased to announce the launch of NFT Explorer, “the first risk and investigation solution for NFTs, built on the QLUE™ data analytics platform.” Development of the… Read More

Humanitas Acquires Seed Funding, Focused on Counteracting “Biased” and “Inaccurate” Algorithms

Humanitas Technologies, the impact data infrastructure startup that is building a universal diversity, equity, and inclusion (DEI) API or “Grammarly for DEI”, recently announced they’ve acquired $1.5 million in seed funding. As noted in an update shared with CI, investors include Francoise Brougher, Jeff Walker,… Read More

CNote Expands Access to Capital for Community Financial Institutions With $25M from Apple

CNote, an Oakland-based fintech, announced that Apple (NASDAQ:AAPL) will use the CNote platform “to deploy $25 million into underserved communities across the country.” Apple‘s $25 million commitment is part of its broader Racial Equity and Justice Initiative, an effort “to address systemic racism in America… Read More

Truist Acquires Mobile Savings Gamification Platform Long Game

Truist Financial Corporation (NYSE: TFC) recently announced it has now acquired Long Game, the gamified finance mobile app that is “changing the way people save, learn and engage with their finances.” As mentioned in the update, Long Game transforms how users “engage with their bank… Read More

California: Governor Newsom Signs Executive Order on Blockchain Tech, Aims to Foster Innovation, Pursue Regulation

California Governor Gavin Newsom issued an Executive Order this week claiming to be the first state in the nation to begin creating a comprehensive and harmonized framework for responsible Web3 technology. According to a statement posted by the Governor’s office, the goal is to foster… Read More

Veem Announces New Payment Options to Help SMBs Address Inflation Concerns

Veem, which claims to be a “leading” provider of global B2B payment solutions, has announced the rollout of new functionalities “including enhanced card options and faster ACH, allowing small businesses more flexibility in how they pay and get paid to manage cash flow.” Credit cards… Read More

XYO Network, a Blockchain based Oracle Network, Releases Latest Financial Report

The XYO Network (Coinbase: $XYO), which claims to be the “first” blockchain geospatial oracle network backed with cryptography, has reported “record” financial results for the full fiscal year “ending December 31, 2021.” Among its 2021 achievements, the company “doubled in revenue for the full fiscal… Read More

Obsidian Security Raises $90M Series C to Cement its Key Role in SaaS Security

Obsidian Security, which claims to be the leader in SaaS Security and Posture Management (SSPM), recently announced $90 million in Series C financing “led by Menlo Ventures, Norwest Venture Partners and IVP, with participation from existing investors Greylock, Wing and GV.” Obsidian, which has now… Read More

Payaut, an Automated Payment Solution for Online Marketplaces, Finalizes €8M Seed Round

Payaut, an automated payment solution for online platforms and marketplaces, has announced it has closed an €8 million seed round “led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobal and Entrée Capital.” Payaut, which provides a range of financial solutions… Read More

Financial Services Firm Splitero, which Offers Options to Access Home Equity, Secures $5.8M

Splitero, the financial services firm that offers homeowners better options to access home equity, has announced that it has acquired $5.8 million in seed funding, “led by Gemini Ventures.” Additional investors reportedly include Permit Ventures, Fiat Ventures, and others.” As noted in an update shared… Read More

Crypto Taxes: Abhinav Soomaney, CEO at CryptoTax, Explains How to Manage Taxable Digital Currency Transactions

IRS Internal Revenue Service

We recently caught up with Abhinav R. Soomaney, Founder and CEO at CryptoTax Pvt. Ltd. He talked about different tax aspects of cryptocurrency and blockchain-related investments. CryptoTax Pvt. Ltd. (CryptoTax) was incorporated in the year 2021 and claims to be the first cryptocurrency tax consultancy… Read More

UAE Fintech Alaan Acquires $2.5M to Expand Multi-Currency Spend Management Platform

Dubai-headquartered Fintech firm Alaan has acquired $2.5 million in capital via an investment round. The firm is now coming out of stealth mode. The multi-currency spend management platform developers noted that they would use the proceeds to hire new talent and scale operations across the… Read More

California based Fintech Tipalti Remains Focused on Expanding Operations, After Doubling Payment Volume

Fintech firm Tipalti reveals that its clients are now reporting steady growth. Recently, the firm noted that its payment volume increased 2x last year to over $36 billion. The San Mateo based Fintech company assists Amazon Twitch (Nasdaq: AMZN), Roblox (NYSE: RBLX) and other businesses… Read More

BlueVine Increases Revolving Credit Facility With Atalaya to Effectively Serve SMBs

BlueVine recently announced that it increased the size of its BlueVine Line of Credit warehouse debt facility with Atalaya by two new lenders, “both advised by 20 Gates Management, and increasing the committed amount to $150M, with the ability to upsize the facility to $300M.”… Read More

Silvergate Capital CEO Alan Lane Shares Company’s Plans after $200M Diem Acquisition

Alan Lane, CEO at Silvergate Capital (NYSE:SI), has noted that the bank holding company aims to introduce a stablecoin by the end of 2022.  The plan has been revealed after the firm’s recent acquisitions of assets and intellectual property (IP) from Meta’s (Facebook) (NASDAQ:FB) crypto project… Read More

Carta Completed 129 Secondary Liquidity Transactions for Private Firms Last Year – Over 4x the Total in 2020: Report

US venture capitalists had a “tremendous” year in 2021, as they were able to shatter all previous annual fundraising records, according to an update from Carta, a San Francisco based firm helping private and public companies, investors, and employees manage equity and ownership. As noted… Read More

Jumio, Provider of AI enhanced Identity Orchestration, AML Solutions, Closes 2021 with Record 130% Revenue Growth

Jumio, the provider of AI-enhanced end-to-end identity orchestration, eKYC and AML solutions, recently announced a record-breaking close to a solid 2021, with revenue growing by over 130% in Q4 2021 from Q4 2020. Other Q4 highlights for Jumio include 4Stop acquisition and introduction of no-code… Read More

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