Tagged: digital finance

SEBA Bank Adds Aave, Chainlink Support

SEBA Bank, a FINMA-licensed Swiss Bank, this week added support for Aave (AAVE) and Chainlink (LINK) tokens. The two coins’ combined market cap is north of $12 billion.  With this integration, institutions can now actively manage these DeFi tokens across SEBA Bank’s full suite service offering,… Read More

Traditional Financial Services Competing With Digital Upstarts for Mass Affluent: GlobalData

Traditional financial managers for the mass affluent better keep up with the times or they’ll risk losing those commissions, research from GlobalData suggests. Digital finance has developed a range of solutions for people from all wealth categories, including those at the top. Those services offer… Read More

Microbusiness Financial Challenges Outlined in Wave Study

Microbusiness owners are hurt by the delay in receiving payments, results of a survey by small business money management solution Wave suggest. The company surveyed more than 1,000 owners of companies with fewer than 10 employees. One in four respondents have waited more than a… Read More

Digital Insurance Company Spot Raises $17.5M

Digital insurance startup Spot has raised $17.5 million in funding, including $15 million in equity and $2.5 million in debt. The round was led by GreatPoint Ventures, with participation from Montage Ventures, Mutual of Omaha, MS&AD, and Silverton Partners. Mike McCormick, principal at GreatPoint Ventures,… Read More

Blockchain or DLT based Tokenization Is Inevitable, as Global Rivalry in Digital Currencies Continues, Industry Exec Explains

Tal Elyashiv, Founder and Managing Partner at SPiCE VC, which claims to be the first fully compliant (regulation wise) tokenized venture capital fund, notes that today, we’re at the beginning of what might be the greatest transformational period in modern history. Elyashiv writes in an… Read More

Digital Finance Platform MoneyLion Introduces Thematic Investing Solutions

MoneyLion, a U.S.-based consumer digital finance platform, announced on Tuesday the launch of its new thematic investment solutions. MoneyLion reported that through thematic investing, its members may now invest in portfolios that reflect their personal preferences and interests, which includes clean energy, artificial intelligence, and… Read More

Digital Finance Platform Uphold Integrates With Coil For Interledger Connectivity

Uphold, a U.S.-based digital finance platform, announced on Wednesday it has formed a partnership with Web Monetization provider Coil for Interledger connectivity. Uphold reported that Coil creators around the world may now select Uphold as their wallet provider and have payments sent directly to their… Read More

Indonesia’s State-Owned Pawnshop, PT Pegadaian, to Work with Local Fintech Firms to Develop Digital Financing Solutions

Indonesia-based PT Pegadaian, a state-owned pawnshop, is reportedly planning to work with several Fintech firms in order to create digital financing solutions, which will help the pawnshop expand its business operations. PT Pegadaian’s management realizes the potential of the growing digital finance ecosystem and intends… Read More

Major Multi-Cryptocurrency ATM Network Bitcoin Depot Is Expanding Services to Over 500 ATMs Globally

Bitcoin Depot, one of the world’s fastest-growing multi-cryptocurrency ATM networks, announced on February 6, 2020, that it’s expanding its services to more than 500 ATMs, globally. This move will notably make Bitcoin Depot the largest blockchain ATM network in the world. The firm recently surpassed… Read More

Digital Finance Platform Uphold Introduces Commission-free Cryptocurrency Trading

Uphold, a U.S.-based digital finance platform, announced on Tuesday the launch of its commission-free cryptocurrency trading. Uphold also revealed that it is adding new funding and withdrawal options to its platform, which reportedly now attracts up to 7,000 new accounts daily. Speaking about the new… Read More

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