Tagged: infrastructure

June 18, 2022 @ 1:53 pm By Omar Faridi  |  

PPRO, the provider of digital payments infrastructure, has appointed former Wayfair Europe finance executive Rahul Raswant as its new Chief Financial Officer (CFO). Rahul takes over the role from Götz Möller, who will be stepping down after over 3 years at the firm. Rahul brings… Read More

June 17, 2022 @ 8:20 am By Omar Faridi  |  

Berlin-based infrastructure Fintech Upvest announced the closing of a $42 million Series B round – “one of the largest German Fintech funding rounds in 2022.” Bessemer Venture Partners is leading the Series B “with Earlybird and ABN AMRO Ventures doubling down as previous investors and… Read More

June 17, 2022 @ 6:53 am By Omar Faridi  |  

Episode Six, a global payment and banking infrastructure provider, announced a new relationship with Galaxy FinX, Vietnam’s Fintech builder that is “re-shaping” the future of money and banking in the country. The deal “represents two firsts for Episode Six: a partnership in Vietnam as well… Read More

June 13, 2022 @ 12:17 pm By Omar Faridi  |  

Huobi Global, a cryptocurrency exchange and blockchain solutions provider, recently announced its investment in Cube, a public chain that “provides innovative infrastructure for Web 3.0 and the metaverse.” The launch underscores Huobi Global’s strategy “to expand its Web 3.0 ecosystem.” Cube (formerly Cube Chain) is… Read More

June 13, 2022 @ 2:17 am By Omar Faridi  |  

Scroll Finance, a “next-generation” Fintech offering “smart” financing solutions to homeowners, recently announced that Modulr, the embedded payments platform, will be powering its underlying payments infrastructure. The partnership will “enable Scroll to accelerate its mission to disrupt the homeowner financing sector in the UK.” Scroll… Read More

June 11, 2022 @ 2:03 pm By Omar Faridi  |  

Circle has announced that they have signed agreements to acquire CYBAVO, which is a “breakthrough” crypto tech firm. Established in 2018, CYBAVO claims that it is a pioneer in core crypto security, custody, operations, and blockchain infrastructure platform services, “providing services to leading firms across… Read More

June 9, 2022 @ 2:10 pm By Omar Faridi  |  

Compute North, a firm focused on sustainable, large-scale computing infrastructure, has announced the appointment of Satyen Yadav as Chief Technology Officer “to advance innovation in distributed computing services, including cloud computing for machine learning applications.” As covered, Compute North works with clients in the blockchain/DLT,… Read More

June 4, 2022 @ 1:49 pm By Omar Faridi  |  

Stripe, an international financial infrastructure platform, recently announced that Stripe Terminal is currently available in Singapore, making it convenient for companies to create custom checkout experiences for accepting in-person payments, along with unifying client experience and data across online and in-person transfers. Although selling items… Read More

June 2, 2022 @ 9:16 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth and Stripe, a financial infrastructure platform for businesses, announced a partnership that “makes Affirm’s Adaptive Checkout available to Stripe users in the U.S. today.” Adaptive Checkout uses Affirm’s smart decision engine “to… Read More

June 1, 2022 @ 7:40 am By Omar Faridi  |  

Fireblocks, which claims to be the industry “leader” focused on digital asset and crypto technology, announced that it has appointed the former Head of Fintech at the Bank of England, Varun Paul, “as its new Central Banking Digital Currency (CBDC) and Market Infrastructure Director.” In… Read More

May 26, 2022 @ 6:30 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE and MoonPay, the international crypto payments infrastructure provider, has announced the integration of MoonPay’s services into the ZEBEDEE app for Bitcoin gaming, “allowing gamers to top up their Bitcoin balance with credit or debit cards without ever leaving ZEBEDEE.” The worlds of… Read More

May 6, 2022 @ 2:01 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, has launched Stripe Financial Connections, “enabling businesses to establish direct connections with their customers’ bank accounts that power a wide range of financial processes.” The new service aligns with the Open Banking or Open Finance movement that enables… Read More

May 5, 2022 @ 7:53 am By Omar Faridi  |  

Scalapay, a European Buy Now – Pay Later provider, has announced a $27 million investment from Poste Italiane, which is Italy’s largest service infrastructure network and claims to be one of the largest payment card issuers in Europe, in a Series B extension. Scalapay is… Read More

May 2, 2022 @ 3:32 pm By Omar Faridi  |  

Symphony – which claims to be the “leading” markets’ infrastructure and technology platform – revealed financial firms will now be able “to embed its technology in other platforms in order to successfully complete their workflows without context switching or adding friction.” The firm introduced its… Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

February 17, 2022 @ 12:52 am By Omar Faridi  |  

Sharegain, a capital markets infrastructure Fintech, has raised $64 million in a Series B round that was led by WestCap and also joined by Citi, EJF Capital LLC and Optiver PSI. Participating existing investors reportedly include Maverick Ventures Israel, Blumberg Capital, SixThirty, Rhodium, and the… Read More

February 11, 2022 @ 5:43 pm By JD Alois  |  

In a bit of good news for the crypto mining sector and staking platforms, it is being reported that crypto miners and stakers will not have to report transactions to the US Internal Revenue Service (IRS). The news was posted by Bloomberg who stated it… Read More

January 24, 2022 @ 10:47 pm By Omar Faridi  |  

M2P Fintech, which claims to be one of Asia’s leading financial Infrastructure firms, has announced a $56 million Series C1 raise that was led by New York-headquartered global private equity and VC firm Insight Partners M2P Fintech further revealed that their investment round included contributions… Read More

January 20, 2022 @ 11:27 pm By Omar Faridi  |  

METACO, the provider of security-critical software and infrastructure to the digital asset ecosystem, has announced that Union Bank of the Philippines is implementing its digital asset management services. As noted in an update shared with CI, UnionBank is deploying services on IBM Cloud, in order to… Read More

November 11, 2021 @ 12:40 pm By JD Alois  |  

Last week, CI reported that a damaging clause included in pending legislation had been pulled from the language of the bill. The portion of the legislation was ostensibly designed to halt IRA investors (investment retirement accounts) from holding private securities in these tax-sheltered, retirement vehicles…. Read More