Tagged: us

June 14, 2021 @ 6:24 pm By Omar Faridi  |  

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Monday (June 14, 2021) that it has managed to acquire AdvisorStream, a leading provider of digital engagement and marketing solutions for the international wealth and insurance sectors. The terms of the transaction have… Read More

June 13, 2021 @ 9:10 am By Omar Faridi  |  

The topic of banks vs. Fintech firms has been “another hot one as of late,” the team at Fintech Current notes in an update while adding that with court rulings, the questioning of banking execs on Capitol Hill has been ongoing. And, if you have… Read More

June 12, 2021 @ 8:34 pm By Omar Faridi  |  

New York-based Clair, an earned wage firm for gig economy workers and technology contractors, has finalized a $15 million Series A round that was led by Thrive Capital. Clair’s latest investment round brings the Fintech firm’s total funding to $19.5 million. The company’s seed round… Read More

June 12, 2021 @ 11:59 am By Omar Faridi  |  

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

June 12, 2021 @ 10:06 am By Omar Faridi  |  

Global Fintech Circle is now providing what it claims to be a “market-leading” Yield product developed on major stablecoin USDC. The new product is currently available for certain clients through an Early Access Program, the Circle team confirmed in a recent blog post. As mentioned… Read More

June 11, 2021 @ 2:17 pm By Omar Faridi  |  

Singapore-based Zilliqa Research Pte. Ltd., the “high” security, high speed, and low fee Layer 1 blockchain protocol firm, and its sister company Zilliqa Capital Pte. Ltd, the tech firm whose goal is to become the “central business and investment hub” for Zilliqa, recently announced that… Read More

June 10, 2021 @ 8:26 pm By Omar Faridi  |  

IT services firm Nityo Infotech has reportedly invested $100 million in Singapore-based Fintech company MatchMove Pay in exchange for an equity stake. Nityo is now the largest shareholder in MatchMove. Nityo‘s management noted that they value the company at $500 million pre-money and $600 million… Read More

June 9, 2021 @ 10:07 pm By Omar Faridi  |  

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Wednesday (June 9, 2021) that it has teamed up with Amazon Web Services (AWS) in order to expand its Private Market Hub platform. The Private Market Hub will leverage distributed ledger technology (DLT)… Read More

June 8, 2021 @ 10:07 pm By Omar Faridi  |  

Foreside Financial Group, LLC, a provider of governance, risk management, and compliance service and tech solutions to clients in the wealth management sector, has reportedly acquired  compliance consulting firm Golden Bear Consulting Group, LLC, a boutique regulatory compliance consultancy headquartered in Newport Beach, California. Launched… Read More

June 8, 2021 @ 7:19 pm By Omar Faridi  |  

Paysafe (NYSE: PSFE), a specialized payments platform, recently revealed that it has extended its partnership with Utah-based IntelliPay, a provider of an “intelligent” Cloud-enabled payment service (including alternative payment models). IntelliPay, which utilizes Paysafe’s payment processing platform, will reportedly be adding the Paysafecash online cash… Read More

June 7, 2021 @ 12:56 pm By Omar Faridi  |  

Lightspeed (TSX: LSPD) (NYSE: LSPD), the “one-stop” commerce platform for merchants across the globe to “simplify, scale and create exceptional customer experiences,” revealed on Monday (June 7, 2021) that it has entered into definitive agreements to acquire two “global leaders” in digital commerce. After the… Read More

June 6, 2021 @ 11:52 pm By Omar Faridi  |  

The team at Branch and Marqeta have a released a Gig Payment Report which covers work and payments in the modern gig economy. The gig economy is transforming the “precedent for work and payments,” the report from Branch and Marqeta reveals. It also mentions that… Read More

June 6, 2021 @ 6:00 pm By Omar Faridi  |  

Building on over a year of “unprecedented” collaboration among Massachusetts’ financial professionals, Fintech entrepreneurs, investors, government executives, elected officials, and members of the academic community, the Massachusetts Fintech Working Group, a network of 27 leaders representing key industries, have introduced the Mass Fintech Hub, a… Read More

June 5, 2021 @ 7:42 pm By Omar Faridi  |  

Austin-based AppBrilliance, a payments tech firm, recently announced its strategic vision with its latest Money API-enabled, Push-To-Business (P2B) payments model, which aims to replace the traditional model and will try to shift power back to the merchant (when it comes to extra transaction fees). AppBrilliance… Read More

June 5, 2021 @ 5:40 pm By Omar Faridi  |  

Unchained Capital, Inc. recently revealed that it has completed the initial closing of a $25 million Series A round that was led by institutional Bitcoin tech and financial services provider, NYDIG and parent firm Stone Ridge Holdings Group. In addition to participating in the equity… Read More

June 4, 2021 @ 3:51 pm By Omar Faridi  |  

Deluxe (NYSE: DLX) revealed on Tuesday (June 1, 2021) that it has now finalized the previously announced acquisition of First American Payment Systems for $960 million in cash. Deluxe had first announced the transaction on April 22, 2021. With the inclusion of the First American… Read More

June 4, 2021 @ 2:52 pm By Omar Faridi  |  

Diogo Mónica, Co-Founder and President at Anchorage Digital, a leading crypto platform for institutional investors, has revealed that they are offering institutional Ethereum-backed loans via Anchorage Financing. Mónica confirmed in a blog post, dated June 3, 2021, that institutional clients at Anchorage now have access… Read More

June 4, 2021 @ 8:08 am By Omar Faridi  |  

Beginning today (June 3, 2021), Coinbase (NASDAQ:COIN) has announced that it will be supporting Dogecoin (DOGE) on Coinbase.com and in the Coinbase Android and iOS applications. Coinbase clients may now purchase, sell, convert, send, receive, or store DOGE in “all Coinbase-supported regions,” the digital asset… Read More

June 4, 2021 @ 8:04 am By Omar Faridi  |  

Peter Smith, Co-founder and CEO at Blockchain.com, a leading crypto wallet provider, block explorer service, and digital asset trading platform, revealed on Thursday (June 3, 2021) that he joined Miami Mayor Francis Suarez in order to announce that Blockchain.com is “the first global crypto company… Read More

June 4, 2021 @ 2:27 am By Omar Faridi  |  

Cryptocurrency ownership is on the rise across the globe and in a recent survey of nearly 3000 US adults, Bitcoin remains the “overwhelming” favorite among the scores of virtual currencies that are currently available. According to data from TradingPlatforms.com, shared with Ci, 80.7% of US… Read More