Tagged: investments

July 31, 2024 @ 9:14 am By Omar Faridi  |  

First AI Pulse Survey shared by EY reveals that the number of senior leaders investing $10 million or more is set to nearly double, but many are failing to also invest in necessary infrastructure, jeopardizing AI’s impact. After more than a year of hype around… Read More

July 31, 2024 @ 6:11 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)-powered liquid staking solutions on Monad, a high-performance Ethereum-compatible L1 smart contract platform. aPriori’s mission is to “decentralize Monad’s network and enhance the user… Read More

July 28, 2024 @ 10:42 pm By Omar Faridi  |  

Businesses in the UK can access Lightyear’s new business accounts and start putting their money to work through cash interest and investments on the platform. This comes as the neobroker releases analysis “on new Bank of England data highlighting the increase in the total amount… Read More

July 23, 2024 @ 11:32 pm By Omar Faridi  |  

At Superstate, they reportedly develop sophisticated investment solutions for institutional investors, aligning with their mission to modernize the investing landscape. By leveraging blockchain technology’s speed, programmability, and compliance advantages, Superstate reportedly create tokenized products “that meet the evolving demands of the financial sector.” Superstate has… Read More

July 19, 2024 @ 6:16 am By Omar Faridi  |  

Mid-market private equity investment activity in the UK declined by 11% in the first half of 2024, as challenging macroeconomic conditions persisted, according to KPMG UK’s latest mid-market Private Equity analysis. The firm’s most recent M&A research study revealed “that 321 mid-market transactions were completed… Read More

July 16, 2024 @ 8:20 am By Omar Faridi  |  

HeavyFinance recently shared its latest platform performance review. HeavyFinance reveals in its comprehensive update that June proved to be “a dynamic month for their investor community, with €1.16M allocated across 36 agricultural projects on the HeavyFinance platform.” By the close of June 2024, the total… Read More

July 15, 2024 @ 4:26 pm By Omar Faridi  |  

One of the key metrics for consumer investment apps is reducing the time to trade once an account is opened, according to an update from Alpaca. However, slow funding can be “a big friction for this engagement,” Alpaca noted in a blog post. To provide… Read More

July 15, 2024 @ 1:41 pm By Omar Faridi  |  

The latest Mintos Risk Score updates based on developments and data from the first quarter of 2024 are now live on Mintos. Mintos has shared the general summary of the most recent quarterly changes. This quarter, Mintos says that it “saw 5 increases in the… Read More

July 11, 2024 @ 8:31 am By Omar Faridi  |  

Data generated by Pitchbook and posted by Innovate Finance, a UK-based group that supports the Fintech community, highlights global Fintech funding trends in the first half of 2024. The data includes both equity and debt funding raises. Fintech has been a significant success story “for… Read More

July 7, 2024 @ 4:58 pm By Omar Faridi  |  

Nik Storonsky, the CEO of Revolut, has spent the last ten years focused on disrupting the traditional banking / financial services sector with various innovations. The Fintech billionaire and ex- Lehman Brothers trader is now looking to enhance the existing venture capital space. Storonsky has… Read More

July 4, 2024 @ 10:19 am By Omar Faridi  |  

Miguel Buffara, Lead Financial Engineer at RACE, recently commented on how RWA tokenization is enhancing investment processes for HNWIs. Miguel Buffara from RACE explained that it could be beneficial to tokenize real-world assets for various use-cases. Buffara also shared details about RACE and the impact… Read More

June 26, 2024 @ 9:06 am By Omar Faridi  |  

MiddleGame Ventures (MGV), a Luxembourg-based investment firm focused on Fintech startups, announced today that it has raised a new fund targeting early-stage investments in Europe. The fund is designed to support the next generation of digital financial service providers “at the Post-Seed, Series A, and… Read More

June 24, 2024 @ 1:33 am By Omar Faridi  |  

Danske Bank says it makes it easier to make sustainable investments directly via the Mobile Bank. A new feature from Danske Bank‘s mobile bank reportedly makes customers “more aware of how many sustainable investments they have in their portfolio – and what they can do… Read More

June 19, 2024 @ 12:41 pm By Omar Faridi  |  

BlackRock (Nasdaq: BLK) recently noted that there’s broad agreement among portfolio managers that a concentrated group of AI winners “will drive returns over a short-term tactical horizon.” BlackRock also mentioned in a recent market update that US stocks reached record highs and bond yields fell… Read More

June 19, 2024 @ 7:53 am By Omar Faridi  |  

Bondora Group has released their latest platform stats for the month of May 2024. In addition to the usual investment, origination, and new investor stats, Bondora has also shared other key details. As noted in a blog post by Bondora, 2,166 more people reportedly “created… Read More

June 18, 2024 @ 8:50 am By Omar Faridi  |  

Bondex, an independent crowdsourcing recruitment app based out of the United Kingdom (UK), has secured an investment from Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, to fuel its platform, which hosts over 1.5 million monthly active users. Bondex… Read More

May 26, 2024 @ 3:54 pm By Omar Faridi  |  

ClearBank recently explained how it is supporting WealthKernel to enhance the scalability of its service and underpin its clients’ ability to streamline the investment process. Founded in 2015, WealthKernel is a provider of investment infrastructure for companies looking to offer investment services, whether as stand-alone… Read More

May 23, 2024 @ 10:20 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Aevo, a high-performance Layer 2 (L2) built on top of the OP Stack that allows perpetual trading, pre-launch futures, and options, all on the same platform with a single margin account. Its… Read More

May 22, 2024 @ 10:54 am By Omar Faridi  |  

Aeropay, a provider of Pay-By-Bank solutions for businesses, today announced $20 million in Series B financing. Los Angeles-based fintech venture capital firm Group 11 led the round “with participation from Chicago Ventures and Continental Investment Partners.” The investment round comes at a time when Aeropay… Read More

May 14, 2024 @ 2:30 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Zest Protocol, an on-chain bitcoin lending infrastructure enabling users to lend or borrow native BTC with transparent yields in a permissionless way. Existing solutions have been largely “dependent on centralized entities with… Read More