Tagged: us

January 18, 2022 @ 9:17 am By Omar Faridi  |  

Brandon Bailey, a crypto mining analyst at Galaxy Digital, notes that a strong Bitcoin bull market, “authoritarian” crackdown on cryptocurrency mining in China and “flight to North America” seems to have flipped the international hashrate economy on its head during 2021. In a recent report,… Read More

January 18, 2022 @ 8:19 am By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) reveals that they helping to increase homeownership opportunities by leveraging data and automation. Blend explains how their integration with Fannie Mae supports borrower rent payment history, which helps “expand opportunities for first-time homeownership.” Traditionally, credit has served a key… Read More

January 17, 2022 @ 8:22 pm By Omar Faridi  |  

The team at Ramp has shared a detailed look into how the early adoption of stablecoins helped them with increasing their Corporate Treasury returns. Alex Song, Head of Finance at Ramp, notes that during the past two and a half years, the Fintech company has been… Read More

January 17, 2022 @ 7:24 pm By Omar Faridi  |  

Hippo (NYSE: HIPO), the home insurance group that formed a new standard of care and protection for homeowners, recently announced an expansion of the firm’s Commercial Lines homeowners association (HOA) insurance into new markets “following initial positive traction and engagement since its launch in August… Read More

January 17, 2022 @ 5:18 pm By Omar Faridi  |  

Freedom, work satisfaction and flexibility are a few of the key reasons that small business owners “take the leap” to pursue their vision, according to an update from Visa (NYSE: V). Rachelle Gonzalez, Founder of Taco Shelly’s in Bethlehem, PA, had reached a key point… Read More

January 16, 2022 @ 11:34 pm By Omar Faridi  |  

Digital assets firm Okcoin is now offering the two crypto tokens of the Abracadabra.money ecosystem, Spell (SPELL) and Magic Internet Money (MIM), with “some of the lowest fees around.” As noted in the update from Okcoin, here’s what each of these tokens are about, in… Read More

January 16, 2022 @ 7:00 pm By Omar Faridi  |  

Haiyan Huang from marketplace lender Prosper has shared the platform’s latest performance data from the Prosper Portfolio for December 2021. In an update from Prosper, dated January 15, 2021, the firm has shared key highlights from the report as follows: Performance Update In December 2021,… Read More

January 16, 2022 @ 4:05 pm By Omar Faridi  |  

The team at Capchase says they’re pleased to announce that their non-dilutive financing offerings for businesses with “predictable recurring revenue” will be featured in the AWS Activate Exclusive Offers program. As mentioned in the update, startups building on AWS that are members of AWS Activate… Read More

January 15, 2022 @ 8:08 pm By Omar Faridi  |  

TrueAccord Corporation, a debt collection firm providing machine learning or ML-powered digital recovery solutions, recently announced a partnership with Synapse as “an expansion of its Collections-as-a-Service offering.” The partnership will bring the “best-in-class” collection and recovery capabilities of TrueAccord to Synapse’s fintech partners and customer… Read More

January 15, 2022 @ 8:06 pm By Omar Faridi  |  

Anchorage Digital, the first federally chartered digital asset bank, has shared survey results that show OCC approval “gives Americans greater confidence in cryptocurrency.” The team at Anchorage Digital writes in a blog post that as the volume of conversation around cryptocurrency and digital assets continues… Read More

January 15, 2022 @ 12:07 pm By Omar Faridi  |  

Paysend, the card-to-card pioneer and international payments platform, has announced the appointment of Jairo Riveros, as MD of the United States and Latin America, “effective 01 January, 2022.” Paysend has maintained an active presence in the US since September 2020 and “helps American residents securely… Read More

January 14, 2022 @ 4:27 pm By Omar Faridi  |  

Fintech firm Current notes that the dramatic rise of inflation to its highest rate in almost 4 decades without a corresponding increase in wages has “caused Americans to pay more for basic essentials.” That’s  why Current claims that it’s pleased to announce the launch of… Read More

January 14, 2022 @ 7:55 am By Omar Faridi  |  

Trent Fuenmayor, Program Manager, Coinbase Giving, has announced the initiative’s second developer grant recipients. In August of last year, Coinbase (NASDAQ:COIN) via their Giving initiative, made a call for applications via their Crypto Community Fund that is “focused on blockchain developers who contribute directly to a… Read More

January 13, 2022 @ 11:40 pm By Omar Faridi  |  

FIA Tech, the futures industry’s technology provider, has announced that it has established a London subsidiary as the firm scales and expands its operations. The London office, based in Paddington, is reportedly FIA Tech’s fourth office and the first outside the US, “following Washington DC,… Read More

January 13, 2022 @ 5:50 pm By Omar Faridi  |  

One of the most challenging or pressing issues facing service-oriented companies right now is retaining hardworking, motivated professionals. According to a study shared by The Washington Post, the hospitality sector has the highest quitting rates of any industry by a considerable margin. TipHaus aims to… Read More

January 13, 2022 @ 2:56 pm By Omar Faridi  |  

UBS (SWX: UBSG) announced that UBS Next, the company’s $200 million strategic Fintech portfolio, has invested in US-headquartered firm Trust & Will, a digital estate planning platform. Launched in October 2020, UBS Next identifies various opportunities within the start-up ecosystem and “further enhances UBS’s technology-driven… Read More

January 13, 2022 @ 11:52 am By Omar Faridi  |  

etting out on a multi-stage acquisition of US-headquartered Athena Systems, United Fintech remains focused on its expansion efforts in order to become the banking sector’s ‘one-stop-shop’ for capital markets products, “broadening the scope to target an asset management industry in urgent need of technological innovation.”… Read More

January 10, 2022 @ 7:24 pm By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) says they are pleased to announce Steve Quirk is joining Robinhood Markets as its Chief Brokerage Officer. Robinhood writes in a blog post that Steve Quirk will be responsible for overseeing their broker-dealers, Robinhood Financial and Robinhood Securities, “effective January… Read More

January 10, 2022 @ 4:55 pm By Omar Faridi  |  

Callie Cox, the US-based Investment Analyst at eToro, notes that she’s always thinking about how market moves and headlines affect your finances. Starting January 7, 2022, Cox confirmed that she’ll be publishing a weekly blog, titled The Bottom Line, which will look into what’s happening… Read More

January 8, 2022 @ 12:51 pm By Omar Faridi  |  

Itai Damti, CEO at Unit, a financial services company that helps tech firms build financial features into their products (accounts, cards, payments, lending), notes that 2021 was a great year for Unit, thanks to their clients, team, partners, and investors. In the “demanding” day-to-day of… Read More