Tagged: us

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

June 3, 2021 @ 7:04 pm By Omar Faridi  |  

Abra, a “fully compliant” platform for purchasing, selling, and trading more than 100 digital currencies and earning interest of “up to 10.5%” on “select digital assets,” revealed on Wednesday (June 2, 2021) that Abra Borrow, its in-app feature for using crypto “as collateral to borrow… Read More

June 3, 2021 @ 3:29 pm By Omar Faridi  |  

Digital asset firm Kraken has launched a new, updated app. The company says that getting crypto just got “a whole lot easier.” The Kraken team notes in a blog post that they’ve “streamlined” the purchasing and selling process, added more “convenient” payment methods, and “wrapped… Read More

June 3, 2021 @ 10:20 am By Omar Faridi  |  

Financial technology leader FIS (NYSE:FIS) and The Venture Center have unveiled the 10 firms chosen to participate in the 2021 FIS Fintech Accelerator program. As mentioned in an update shared with CI: “In its sixth year, the FIS Fintech Accelerator program is focused on identifying… Read More

June 2, 2021 @ 12:36 am By Omar Faridi  |  

TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health,” recently revealed that Ohad Samet, CEO and Co-founder of TrueAccord Group, has been named to the inaugural debt collection advisory committee of the California Department of Financial Protection and Innovation… Read More

June 1, 2021 @ 5:31 pm By Omar Faridi  |  

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Tuesday (June 1, 2021) that it has hired Ian Strudwick  to serve as the company’s GM and Head of Asia Pacific (APAC). Ian’s appointment is effective immediately. His appointment has come after David Ingleson… Read More

June 1, 2021 @ 12:35 pm By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) announced on Monday (May 31, 2021) that it has unlocked stable (stablecoin) pair trading. Crypto exchange Coinbase says its mission is to “increase economic freedom in the world.” According to the company that recently went public, an open financial system… Read More

May 29, 2021 @ 3:26 pm By Omar Faridi  |  

CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm with $3.7B in AUM, as of May 27, 2021, recently revealed that it has made an investment in Viridi Funds (Viridi), an “emerging” fund manager. CoinShares‘ management noted that it will be… Read More

May 29, 2021 @ 2:36 pm By Omar Faridi  |  

UK’s JustUs, a peer to peer (P2P) lending platform, has announced that it will be launching operations in the US in 2022 (on a state-by-state basis). We're coming to America ! #GlobalP2P @JustUsCrowd #Moneybrain #BiPS https://t.co/Dk2U4YIvjq — Lee Birkett (@MrLeeBirkett) May 27, 2021 Lee Birkett,… Read More

May 27, 2021 @ 8:57 pm By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared performance data from the Prosper Portfolio for April 2021. Prosper Performance Update – April 2021: Highlights from the report include: In April, “approximately 78%… Read More

May 26, 2021 @ 11:47 pm By Omar Faridi  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, notes in a update published on Wednesday (May 26, 2021) that the CPI report released mid-May of this year had managed to attract a lot of attention. Most industry participants had been predicting that… Read More