Data released this week by TradingPlatforms.com shows the growing influence of digital commerce in Europe. The research authors defined digital commerce as all consumer transactions made via the Internet directly relating to online shopping for products and services, with payments made through providers like PayPal… Read More
Fantom, an Australia-based blockchain platform, announced over the week it has surpassed three million transactions. Founded in 2018, Fantom describes itself as a consensus-as-a-service (CaaS) platform for the next generation of distributed ledgers. “The team behind Fantom has created a consensus mechanism which is… Read More
Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Thursday its MoneyGram Online (MGO) service recorded an all-time high in cross-border transactions, as well as 131% growth in year-over-year cross-border transactions for March 2021. MoneyGram reported that this milestone marks the fifteenth consecutive… Read More
Drip Capital, a global fintech, announced on Friday it has financed more than US$1 billion of cross-border trade through its online platform. Founded in 2015, Drip Capital is on a mission to solve the “work capital problem” for SME exporter using technology. “Trade finance is… Read More
Worldline, (Euronext: WLN) a European payments and transactional services firm, announced on Thursday it has formed a new partnership with Finland-based fintech P3 Financial Group. According to Worldline, the duo will make P3’s Payment System as a Service (PSAAS) operational in a total of 13… Read More
U.S. fintech Galileo announced on Wednesday it has joined forces with Save, a fintech startup that enables higher yields on savings and checking accounts, to process transactions and funding of Save customers’ Debit Invest debit cards and Save Market Savings accounts. Galileo reported that through… Read More
Global payables platform Tipalti announced on Wednesday it has surpassed $11 billion in annual transactions. Tipalti reported that despite the economic headwinds caused by the COVID-19 pandemic, it has continued to achieve high growth, ending the second quarter of 2020 at an over 80% growth… Read More
Digital money transfer service MoneyGram (NASDAQ: MGI) reported on Thursday 100% year-over-year digital transaction growth in May, which is considered a significant acceleration from the first quarter of 2020 where the company reported 57% growth. Overall digital growth in May was driven by the following… Read More
Kadena, both a public and permissioned blockchain platform, announced last week the full launch of its public blockchain. Kadena claimed that its public blockchain is first to market as a sharded Proof of Work Layer 1 network. “Following the start of genesis mining in October… Read More
Earlier this week, online real estate transaction marketplace Ten-X Commercial announced it has formed a partnership with real estate crowdfunding platform Money360. The company revealed this new partnership will expand the investor pool for commercial properties listed on its platform by giving prospective buyers assurance they will… Read More
Real estate crowdfunding platform, RealtyMogul.com, announced on Thursday it has recently closed five transactions in markets across the country. The funding portal confirmed that four out of the five deals were equity investments into multifamily properties while the fifth was named its largest 1031-qualified transaction to… Read More
RealtyMogul.com announced on Tuesday the closing of six recent transactions, including equity investments in commercial properties, mezzanine financing for an industrial conversion project and equity raises for two real estate funds. Jilliene Helman, CEO of RealtyMogul.com, stated: “Our mission has always been to give regular… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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