Tagged: us

November 24, 2021 @ 8:13 pm By Omar Faridi  |  

Drip Capital, Inc., a digital cross-border trade finance platform providing financing solutions to small and medium businesses, is pleased to confirm that Rahul Nath has joined the firm’s leadership team as the Product Head. With head offices in Palo Alto, California, Rahul brings more than… Read More

November 23, 2021 @ 10:01 am By Omar Faridi  |  

KeyBank National Association has announced that it has acquired XUP Payments, a B2B focused digital platform. XUP’s tech supports simple, intuitive, client onboarding and “servicing experiences.” Its team of engineers has developed integrations with processors, 3rd party risk tools, customer relationship management systems, and other… Read More

November 21, 2021 @ 6:44 pm By Omar Faridi  |  

Blockchain-based solutions provider ConsenSys announced earlier this week that it had finalized a $200 million round, bringing its valuation to around $3.2 billion. New investors Marshall Wace, Third Point, ParaFi Capital, and Think Investments took part in ConsenSys‘ latest investments round. New partners that contributed… Read More

November 21, 2021 @ 4:24 pm By Omar Faridi  |  

The team at Blockstream notes in a report that Bitcoin is on track for its worst weekly drop in over 6 months. Blocktream writes in a blog post that declines this past week looked to be driven by “continued deleveraging and perhaps also exacerbated by… Read More

November 20, 2021 @ 2:33 pm By Omar Faridi  |  

GB Group plc (AIM:GBG), which claims to be an expert in digital location, identity and identity fraud software, has announced that it reached an agreement to acquire Acuant, an identity verification and KYC/AML compliance provider, for a cash-free, “debt-free” enterprise value of $736 million. The… Read More

November 20, 2021 @ 1:31 pm By Omar Faridi  |  

Acadia, the provider of integrated risk management services for the derivatives ecosystem, has announced the launch of Payments Manager, which is a suite of workflow automation services focused around improving payments. The payment service will be leveraging Acadia’s position as a key player in the… Read More

November 19, 2021 @ 6:15 pm By Omar Faridi  |  

FIA (Futures Industry Association) announced on November 2, 2021 that it has released a report calling on participants in the futures and options sector to work cooperatively on an initiative to enhance the overall efficiency of the trading and clearing process for exchange-traded derivatives. The… Read More

November 19, 2021 @ 10:52 am By Omar Faridi  |  

Beginning today (November 18, 2021), the Voyager Token (VGX) is available via Coinbase.com and in the Coinbase Android and iOS apps. Coinbase (NASDAQ:COIN) clients are now able to trade, send, receive, or store VGX “in most Coinbase-supported regions, with certain exceptions indicated in each asset… Read More

November 18, 2021 @ 9:01 pm By Omar Faridi  |  

VAST Data, the storage software firm focused on breaking “decades-old” tradeoffs, has announced that the Jump Trading Group chose VAST’s performant, low-latency Universal Storage as the foundation to its high-performance computing (HPC) Cloud infrastructure. As an international research-based trading company, the team at Jump includes… Read More

November 18, 2021 @ 12:00 pm By Omar Faridi  |  

Global AI-enhanced credit decision platform provider, Scienaptic AI reveals that Tower Federal Credit Union has chosen its AI-enabled platform. The implementation should equip the credit union with improved underwriting capabilities in order to “make stronger, faster credit decisions and strengthen financial options for its members.”… Read More

November 18, 2021 @ 10:17 am By Omar Faridi  |  

PayZen, which claims to be a “mission-driven” Fintech addressing healthcare affordability, has announced it completed a $15 million Series A round. SignalFire has reportedly led the Fintech firm’s investment round, along with contributions from Link Ventures and 7wireVentures, as well as existing investors Viola Ventures… Read More

November 17, 2021 @ 9:07 am By Omar Faridi  |  

Confluence Technologies, Inc., an international tech solutions provider assisting the investment management sector with addressing complex investment data challenges, has  announced it has “secured a multi-year agreement” with FundHero S.A., a Luxembourg-headquartered fund service company, that will “combine Confluence’s Cloud-based Revolution platform with its own… Read More

November 16, 2021 @ 10:00 am By Omar Faridi  |  

Podium, a communication and payments platform for local businesses, announced on November 15, 2021 that it has acquired $201 million in capital via a Series D round that has been led by YC Continuity, along with contributions from Durable Capital Partners, Arpex Capital, Accel, Album… Read More

November 16, 2021 @ 5:00 am By Omar Faridi  |  

Capco, the international tech and management consultancy, has appointed Glenn Kurban as a new Partner in its US Data & Analytics practice, based out of the firm’s Atlanta offices. A senior business professional with more than 25 years of industry experience in data and analytics,… Read More

November 15, 2021 @ 3:49 pm By Omar Faridi  |  

Digital assets platform Gemini announced on November 12, 2021 that they are pleased to confirm support for Shiba Inu (SHIB), along with a wide range of decentralized finance (DeFi), Metaverse, infrastructure, and data management tokens. As mentioned in an update from Gemini, Shiba Inu (SHIB),… Read More

November 15, 2021 @ 10:14 am By Omar Faridi  |  

ExpressCredit Group (ExpressCredit), a lending firm, has acquired $9 million (appr. €7.74 million) in new funding for specialty finance operations in Botswana. As mentioned in an update, this allows the firm to diversify its financial resources and “partially refinance its existing credit facilities funded by… Read More

November 15, 2021 @ 7:46 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM) notes that Buy Now, Pay Later (BNPL) is more than just a “modern twist” on layaway. Affirm writes in a blog post that consumers love the flexible payment method as a way to “avoid credit cards and manage their cash flow.” The… Read More

November 14, 2021 @ 9:39 pm By Omar Faridi  |  

Xero Limited (ASX: XRO) has revealed that it’s acquiring LOCATE Inventory (the trading name of New Tack, Inc), a US Cloud-powered inventory management provider, in order to better support the inventory requirements of small businesses and improve its e-commerce capability. As mentioned in an update… Read More

November 13, 2021 @ 6:47 pm By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) has announced the launch of the Retail Trading Activity Tracker, which is a new dataset that aims to offer reliable information into the trading activity of self-directed retail investors in the U.S. equity market. The Retail Trading Activity Tracker has been designed… Read More

November 13, 2021 @ 6:42 pm By Omar Faridi  |  

Alto Solutions, Inc., a self-directed IRA platform that makes it easier for people to make investments into alternative assets via tax-advantaged retirement funds, announced on November 11, 2021 that Alto CryptoIRA has managed to surpass 100 crypto coins and virtual tokens. As mentioned in an… Read More