Tagged: united states

July 27, 2021 @ 3:13 pm By Omar Faridi  |  

Bharat Mediratta has reportedly joined digital assets firm Coinbase (NASDAQ:COIN) as Fellow. The former Google Distinguished Engineer and Dropbox CTO and SVP aims to bring his deep technical expertise to Coinbase, according to the announcement. As noted by Coinbase: “Today, we’re excited to welcome Bharat… Read More

July 27, 2021 @ 7:34 am By Omar Faridi  |  

Giant Wall Street investment bank Goldman Sachs (NYSE:GS) has reportedly submitted an application with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that could provide exposure decentralized finance (DeFi) and blockchain initiatives to public firms. Although there are not too many… Read More

July 26, 2021 @ 6:26 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) has listed its shares on the NYSE after submitting its registration statement with the US Securities and Exchange Commission (SEC), earlier this year, in order to go public. The Fintech said will now focus on accelerating its ability to… Read More

July 25, 2021 @ 10:16 pm By Omar Faridi  |  

Safe Security, a Palo Alto-headquartered cyber risk management company established in 2012, recently acquired $33 million in capital via a round that was led by BT Group Plc, which is notably one of the United Kingdom’s largest telecommunications and network service providers. Safe Security, with… Read More

July 24, 2021 @ 3:30 pm By Omar Faridi  |  

MPOWER Financing, a global education loan provider, recently secured an equity investment of $100 million. The new funding is in addition to the $60 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS… Read More

July 23, 2021 @ 5:21 pm By Omar Faridi  |  

InvestCloud, a global Fintech company that designs and creates financial software for established banks, wealth managers and asset managers, has been chosen by BNP Paribas Wealth Management to offer Client Relationship Management (CRM) and Client Lifecycle Management (CLM) services for onboarding and “nurturing” high-net-worth (HNWI)… Read More

July 23, 2021 @ 12:01 pm By Omar Faridi  |  

SIMON Markets LLC, a Fintech firm that aims to transform the digital wealth management landscape vita its platform for financial professionals, and which makes risk-managed and alternative investment solutions “broadly available,” has finalized the “first leg” of a strategic round of “up to” $100 million… Read More

July 23, 2021 @ 8:45 am By Omar Faridi  |  

KPMG has been awarded a patent for Chain Fusion. KPMG LLP confirms that the patent was provided by the United States Patent and Trademark Office for Chain FusionTM, which is a suite of advanced analytics capabilities developed on crypto-asset data and infrastructure products. The solution… Read More

July 22, 2021 @ 10:26 am By Omar Faridi  |  

At the beginning of 2021, the team at Fundrise, a real estate investment platform using Reg A+ to provide access to “eREITs and eFunds,” had introduced an updated version of their proprietary fund infrastructure that “enabled the creation of a unified flagship product, which aims… Read More

July 21, 2021 @ 7:25 pm By Omar Faridi  |  

Jumio, an established provider of AI-enhanced end-to-end identity verification and eKYC services, reveals that its sales and revenue increased more than 150% during Q2 2021 when compared to Q2 2020. The growth has reportedly been fueled by “an ongoing need for modern enterprises to know… Read More

July 21, 2021 @ 7:39 am By Omar Faridi  |  

After the formation of SIX SIS USA Inc. and with the launch of its US-based office, SIX has decided to a take strategic step forward in its global expansion plan. As a trusted Financial Market Infrastructure currently operating the Central Securities Depository (CSD) in Switzerland… Read More

July 20, 2021 @ 2:28 pm By Omar Faridi  |  

Paro has announced a $25 million Series B funding round. The rapidly-growing startup offers businesses with flexible finance solutions through teams of remote finance professionals in order to help them address problems and support their ongoing growth. Paro, a Chicago-based startup “disrupting” the way firms… Read More

July 20, 2021 @ 12:31 am By Omar Faridi  |  

Credit Suisse (SWX: CSGN) has reportedly led a $20 million Series A round in Daloopa, a provider of artificial intelligence enhanced data extraction solutions to hedge fund managers, investment banks, and various other financial institutions. Based in New York, Daloopa’s tech has been designed to… Read More

July 19, 2021 @ 11:21 pm By Omar Faridi  |  

TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health,” noted that halfway through 2021, digital commerce and consumer spending continue to witness the impact of government stimulus payments “while consumers look for new ways to invest and leverage their… Read More

July 19, 2021 @ 9:36 pm By Omar Faridi  |  

Enhancing the overall productivity and efficiency of its trading and portfolio management services for its asset management clients, Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech firm, will be utilizing OpenFin’s operating system for financial desktops. As noted in an update from Broadridge, the… Read More

July 19, 2021 @ 6:14 pm By Omar Faridi  |  

The team at global Fintech Circle, which will go public in a $4.5 billion SPAC deal, notes that the promise of decentralized finance (DeFi) is to transform or fundamentally improve financial services by offering greater transparency, security, and community governance by leveraging blockchain or distributed… Read More

July 18, 2021 @ 1:17 pm By Omar Faridi  |  

Digital assets firm Gemini notes that it’s pleased to announce support for Cryptex Finance (CTX) and Total Crypto Market Cap (TCAP). CTX is currently available for trading and custody on Gemini, as of July 13, 2021. Trading for CTX is available on the crypto exchange’s… Read More

July 17, 2021 @ 11:28 am By Omar Faridi  |  

After digital asset firm Kraken’s listings of Enjin (ENJ) on May 14 and Polygon (MATIC) on May 17 for most jurisdictions, the company is pleased to confirm the availability of Polygon and Enjin trading for US, Canada and Australia residents. Trading for both assets are… Read More

July 17, 2021 @ 10:31 am By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared its Performance Update Report for the month of June 2021. As noted in the report from Prosper, dated July 15, 2021: “In June, we… Read More

July 16, 2021 @ 8:06 am By Omar Faridi  |  

Spendwisor, a US-headquartered mobile payment app with business offices and service locations in Qatar and the United Kingdom, has confirmed a QAR 190 million ($50 million) investment commitment from GEM Global Yield, a $3.4 billion Luxembourg-headquartered private alternative investment group. The company plans to use… Read More