Tagged: us

December 3, 2021 @ 7:55 am By Omar Faridi  |  

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More

December 2, 2021 @ 10:39 pm By Omar Faridi  |  

Goalsetter, a Fintech platform dedicated to offering families and K-12 youth with access to banking, savings, investing, and financial education tools, has announced the closing of a $15 million Series A round that was led by Seae Ventures. Seae Ventures has reportedly been joined by… Read More

December 2, 2021 @ 9:37 pm By Omar Faridi  |  

Digital banking provider Bankjoy has announced the launch of its business banking platform, empowering its customers with the best tools to “help attract and drive loyalty among small businesses within their communities.” Recently surpassing 1 million members with access to its platform, Bankjoy’s virtual banking… Read More

December 2, 2021 @ 9:33 pm By Omar Faridi  |  

Anchor, the autonomous billing platform, announces that it has finalized a $15 million seed-funding round. Led by Rapyd Ventures, the new venture capital unit of Rapyd, Entrée Capital, an established venture capital firm that has invested in unicorns such as Monday.com and Riskified and Tal… Read More

December 1, 2021 @ 2:55 pm By Omar Faridi  |  

STP Investment Services, an international, end-to-end investment operations service provider that supports over $340 billion in total assets, has reportedly acquired third-party fund administrator Tower Fund Services. The acquisition deal substantially increases STP’s alternative fund administration value proposition for its clients, “while simultaneously delivering Tower… Read More

December 1, 2021 @ 2:29 pm By Omar Faridi  |  

Crypto.com, which claims to be one of the fastest-growing cryptocurrency and financial services platforms, has announced that it has executed a sale and purchase agreement to acquire the North American Derivatives Exchange (Nadex) — a US-headquartered retail-focused, regulated online exchange and clearinghouse offering derivative products… Read More

November 30, 2021 @ 7:01 pm By Omar Faridi  |  

Elucidate, the financial crime risk scoring firm, has announced its business expansion into the US markets with an office in Miami, as part of the company’s goal to firmly establish itself as the international standard for benchmarking financial crime risk. Its US head offices confirm… Read More

November 30, 2021 @ 3:04 pm By Omar Faridi  |  

CuneXus, which claims to be the first digital storefront for financial institutions’ account holders, has announced a real-time, credit monitoring tool that’s available for financial institutions and end-users who may be embedded within the CuneXus storefront. The solution provides financial institutions the ability to show… Read More

November 28, 2021 @ 11:53 pm By Omar Faridi  |  

Sweden’s Fintech Unicorn Klarna has seen its losses increase significantly during the first 9 months of this year, as costs surged considerably amid growing demand for flexible payment options like Buy Now, Pay Later (BNPL) services. The Stockholm-headquartered company is reporting a pre-tax loss of… Read More

November 27, 2021 @ 12:01 pm By Omar Faridi  |  

US-Israeli supply chain Fintech platform, 8fig, recently finalized a $50 million Series A round. The company’s investment round has been joined by existing investors Battery Ventures and LocalGlobe, along with serial entrepreneur and co-founder of Nested and GoCardless’ Matt Robinson. As mentioned in the update,… Read More

November 26, 2021 @ 5:27 pm By Omar Faridi  |  

Tipalti, a global, scalable payables automation solution provider for high-velocity companies, is reportedly recruiting talent for its new location, looking mainly for Account Executives, Sales Development Reps, Solutions Consultants, Alliances and Sales Operations. Tipalti claims to be the only international payables automation solution for enhancing all… Read More

November 25, 2021 @ 8:19 am By Omar Faridi  |  

Afterpay (ASX:APT), a provider of Buy Now, Pay Later (BNPL) payments, has announced its subscription solution – giving US consumers the option to pay for their recurring purchases in installments. Merchants such as IPSY, BoxyCharm, Savage X Fenty, and Fabletics will be among the first… Read More

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