Tagged: us

Web3: Fluree Closes $10M Series A for Enhancing Data Management, Data Infrastructure

Fluree, a company headquartered in Winston-Salem, North Carolina, which has developed a graph ledger database and data pipeline toolset for trusted-, interoperable-, secure-data management and sharing, announced it has closed a $10 million Series A funding round led by SineWave Ventures. Eve Atlas, Augment Ventures,… Read More

Digital Assets: Gemini Introduces Non-US Crypto Derivatives Platform

The team at Gemini is pleased to announce the upcoming launch of Gemini Foundation — a non-US crypto derivatives platform. Their first derivatives contract “will be a BTC perpetual contract denominated in Gemini dollars (GUSD).” An ETH/GUSD perpetual contract “will launch soon thereafter.” Gemini Foundation… Read More

Vesey Ventures Launches Fund to Help Startups Enter Financial Sector, Accelerate Growth

Vesey Ventures, an early stage venture firm that invests in companies transforming financial services, announced the close of its debut fund totaling $78 million. Vesey Ventures was “founded by three former Managing Directors at AMEX Ventures, Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, and will… Read More

Carta Shares Update on State of Private Markets for Q1 2023

Every quarter, Carta releases information on the startup ecosystem in their comprehensive State of Private Markets report. It can take a few weeks for rounds to be recorded on their platform, so they share a full analysis after they get the final numbers, Carta notes… Read More

Fintech Charm Solutions Secures $3.5M via Seed Round Led by BootstrapLabs

Charm Solutions, a Fintech startup with offices in San Francisco, Stockholm, and Wilmington, Delaware, has announced that it secured a $3.5M seed funding round led by BootstrapLabs. Charm is “developing a trusted AI-powered SMB Credit Advisor service that leverages self-learning AI to help institutional lenders… Read More

Tribe Capital Reportedly Intends to Use $250M to Relaunch FTX Exchange

Tribe Capital, an established VC company launched back in 2018, is reportedly leading an investment round worth $250 million in order to assist FTX with re-establishing its virtual currency exchange. The latest move comes after the firm had filed for bankruptcy and the new CEO,… Read More

Cybersecurity Incident Reported by NCR

On April 13, 2023, NCR (NYSE: NCR) determined that a single data center outage that is impacting some functionality “for a subset of its commerce customers was caused by a cyber ransomware incident.” Upon such determination, NCR immediately “started contacting customers, enacted its cybersecurity protocol… Read More

Coinbase Might Relocate to UK, Other Jurisdictions: Report

Coinbase (NASDAQ:COIN) is reportedly getting ready for an anticipated “years-long” court case with the US Securities and Exchange Commission (SEC). This, according to a report from CNBC, which is citing comments from Coinbase CEO Brian Armstrong. It appears that this update has come after the… Read More

BrewDog Co-founder Shares Key Details Regarding Ongoing Search for Next Billion-Dollar Initiative

BrewDog co-founder James Watt recently noted that the founder of Contrarian Thinking, Codie Sanchez, along with comedian Dom Joly will reportedly be joining his advisory panel for The Next Unicorn. BrewDog pursued multiple securities crowdfunding rounds in the UK and then crossed the Atlantic and… Read More

Blockchain Association Responds to Illinois Assembly Bill HB3479

Blockchain Association published a letter sent to Senator Laura Ellman and Representative Mark Walker of the Illinois Assembly stating industry opposition to HB 3479. The following statement is attributed to Kristin Smith, Blockchain Association CEO: “Illinois Assembly Bill HB 3479 would effectively outlaw crypto in… Read More

Insurance Marketplace Capitola Secures $15.6M via Series A Led by Munich Re Ventures, Lightspeed Venture Partners

Capitola, the digital marketplace for commercial insurance that connects brokers and carriers and uses AI-based risk appetite matching to streamline the placement process, today announced it has raised $15.6 million in its Series A funding round. Led by Munich Re Ventures, this investment round will… Read More

Digital Assets: Curve to Allow Transfer of Virtual Currency Rewards to External Crypto Wallets

Curve, the financial super app and digital wallet that empowers you to maximize rewards from your existing cards and gives you the ability to earn in cashback or in crypto, has announced the launch of a new function that “enables its customers to transfer their… Read More

Fintech Platform Bottomline Joins Datadog Marketplace

Bottomline, a provider of financial technology, announced today a new integration with Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications. Datadog explains that it “consolidates metrics, traces, logs and more to help organizations scale their Cloud environments, troubleshoot potential issues and… Read More

Insurtech: Cover Whale Insurance Solutions Announces Next Phase of Signature Claims Prevention Program

Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech, announces the next phase of its Driver Safety Program, the company’s signature loss prevention initiative, “proven to reduce the frequency and severity of claims and improve road safety for America’s truckers and… Read More

Real Estate Fintech Built Technologies Secures Investment From Citi

Built Technologies, which claims to be one of the fastest-growing construction and real estate software providers in the U.S., has announced a strategic investment from Citi through its SPRINT program. Citi SPRINT (Spread Products Investment Technologies), the strategic investing arm of Citi’s Global Spread Products… Read More

FTC, Florida Attorney General Sue Chargebacks911 for “Thwarting” Consumers Trying to Reverse Disputed Charges

The Federal Trade Commission and the State of Florida have filed suit against Chargebacks911 “for unfairly thwarting consumers who were trying to dispute credit card charges through the chargeback process.” In a complaint filed in federal court, the FTC and Florida charged “that, since at… Read More

Phoenix Suns, PayPal Extend Partnership Through 2026 NBA Season with a Focus On Community Investment

The Phoenix Suns and PayPal (NASDAQ: PYPL) announced that they have extended their partnership through the 2026 NBA season. PayPal will “continue as the Suns’ jersey sponsor and, as part of the enhanced multi-year deal, the organizations will now increase their focus on supporting small… Read More

Stablecoins, USDC: Fintech Circle Executives Comment on the “Convergence” of Money and the Internet

Jeremy Fox-Geen. Chief Financial Officer at Fintech firm Circle and Kash Razzaghi, the firm’s Chief Business Officer, have noted that digital currencies and the blockchains on which they travel can offer considerable utility “as a new, unified infrastructure for payments, commerce and capital markets built… Read More

Binance.US to Delist Justin Sun’s Tron (TRX), and Spell Crypto Tokens

The US=based division of crypto exchange Binance recently revealed that it will be removing support for digital tokens TRON (TRX) and Spell from its virtual currency trading platform. This update has now sent the market prices of both these assets down considerably today. Binance.US‘ management… Read More

Real Estate Fintech Built Technologies Launches Business Unit to Help Commercial Property Developers Enhance Operations

Built Technologies, which claims to be one of the fastest-growing construction and real estate fintech software providers in the U.S., announced the launch of a new business unit focused on commercial property developers. This expansion will “enable the development of new, purpose-built solutions designed to… Read More

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