October 19, 2021 @ 11:47 am By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech solutions, announced that it has entered an agreement to acquire BentoBox, a digital marketing and commerce platform provider that offers a seamless diner experience “dedicated to accelerating growth and helping restaurants seamlessly… Read More

October 19, 2021 @ 10:25 am By Omar Faridi  |  

Silver Lake, an international firm focused on technology investing, and Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, announced an agreement in which Silver Lake will “make a long-term strategic investment in Euroclear Holding SA/NV by acquiring ICE’s 9.85% stake… Read More

October 19, 2021 @ 10:07 am By JD Alois  |  

Following the first Bitcoin ETF to trade on an exchange, Grayscale says it has filed to migrate its Bitcoin Trust to a spot Bitcoin ETF [exchange traded fund] in partnership with NYSE Arca. Grayscale has long messaged its goal of migrating its Trust to an… Read More

October 19, 2021 @ 9:54 am By JD Alois  |  

There has been a lot of discussion about the first Bitcoin ETF to trade on a US-based exchange. ProShares Bitcoin Strategy ETF (NYSE:BITO) commenced trading today and currently is trading slightly higher. But there has been a fair amount of criticism regarding this ETF because… Read More

October 19, 2021 @ 9:41 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Previse announced on October 18, 2021 the integration of Mastercard Cross-Border Services – an international push payments platform that allows funds to be sent seamlessly, securely and with “certainty” to any account – into Previse’s InstantPay platform. The collaboration will “enable… Read More

October 19, 2021 @ 9:00 am By JD Alois  |  

Marqeta (NASDAQ: MQ), says it is now powering crypto products for Coinbase, Fold, Shakepay, and Bakkt, according to a release from the company/ Marqeta is a Fintech that partners with firms to issue and manage “modern cards.” Marqeta says these new products allow customers to… Read More

October 19, 2021 @ 8:51 am By Omar Faridi  |  

FIBR, the connected virtual banking platform, has launched so that it can serve European SMEs, by combining the stability of a bank with the agility and technology of a Fintech service provider. Based in the Netherlands, FIBR is focused on lending to European SMEs. The… Read More

October 19, 2021 @ 8:47 am By JD Alois  |  

Insurtech firm BondAval has raised a $7 million seed round led by UK-based venture fund Octopus Ventures. Bondval also received the backing of Expa, along with support from existing investors Insurtech Gateway and TrueSight Ventures and several entrepreneurs, including Tom Blomfield (Monzo and GoCardless), Charlie… Read More

October 19, 2021 @ 8:30 am By Omar Faridi  |  

Polygon, an Ethereum-powered scaling platform on-boarding consumers to Web 3.0, has announced a blockchain collaboration with DraftKings Marketplace, a digital collectibles ecosystem built by DraftKings (Nasdaq: DKNG) for “mainstream accessibility to support custom NFT drops along with secondary-market transactions.” This deal offers DraftKings Marketplace with… Read More

October 19, 2021 @ 8:15 am By JD Alois  |  

Following a Series A funding round of $20 million last year, payments Fintech Primer has closed on a Series B funding round of $50 million. According to a note from the company, Primer received a valuation of $425 million. ICONIQ Growth led the funding with… Read More

October 19, 2021 @ 8:02 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (October 18) that for the week ending October 15,… Read More

October 19, 2021 @ 7:59 am By Omar Faridi  |  

BIT Mining Limited (NYSE: BTCM), a technology-driven cryptocurrency mining firm, announced that it has “strengthened” its collaboration with Viking Data Centers, LLC. BIT Mining Ltd said it will increase its investment in the Ohio crypto mining data center, which is being developed with Viking Data… Read More

October 19, 2021 @ 7:35 am By Omar Faridi  |  

GoHenry, a pioneer in kids’ debit cards, money management, and financial education, has introduced Money Missions, which aims to accelerate the firm’s ambitions to bridge the gap in early financial literacy for Gen Z and Gen Alpha “with a gamified educational experience integrated into the… Read More

October 19, 2021 @ 2:43 am By Omar Faridi  |  

Etcho, which wants to empower and motivate anyone to “tailor their investments in a way that matters uniquely to them,” has raised 113% (£198,719) of its £175,000 target from 174 investors via Crowdcube (at the time of writing). There are currently 25 days left in… Read More

October 18, 2021 @ 11:47 pm By Omar Faridi  |  

The team at CoinList notes that they’re pleased to confirm that beginning on October 16, 2021, FLOW trading and staking is available to US residents via CoinList, CoinList Pro, and the CoinList mobile app. FLOW is a proof-of-stake blockchain that rewards network participants for helping… Read More

October 18, 2021 @ 10:57 pm By Tony Zerucha  |  

Indian bank ICICI Bank this week announced the launch of Home Utsav, a virtual property exhibition that digitally showcases real estate projects by developers from cities across the country. The exhibition offers convenience to prospective home buyers as they can select a home by browsing… Read More

October 18, 2021 @ 10:33 pm By JD Alois  |  

Earlier today the Securities and Exchange Commission (SEC) published its “meme stock” report – otherwise known as the Staff Report on Equity and Options Market Structure Conditions in Early 2021. As was covered earlier, this report addresses the Gamestop/Robinhood/Reddit odyssey where retail investors created a short… Read More

October 18, 2021 @ 10:27 pm By Tony Zerucha  |  

NFT marketplace creator and B2B SaaS provider NFTically has confirmed seed funding of under $1 million from an investor group including Nazara Games exec Nitish Mittersain, Unacademy co-founder Gaurav Munjal, Udaan co-founder Sujeet Kumar, Bollywood actor Kunal Kapoor, and Coinbase CPO Surojit Chatterjee. The funds… Read More

October 18, 2021 @ 10:08 pm By Omar Faridi  |  

Temenos Transact Core Banking will be supporting product innovation and greater scalability and overall efficiency for Pakistan’s virtual payments platform Easypaisa. Telenor Microfinance Bank, which is the operator of Pakistan’s digital payments platform Easypaisa, has officially gone live on Temenos’ Core banking platform with NdcTech… Read More

October 18, 2021 @ 10:07 pm By Omar Faridi  |  

The Central Bank of the UAE (CBUAE) signed an agreement with Dubai International Financial Centre (DIFC), the international financial center in the MEASA region, in order to collaborate on the development and growth of the UAE’s Fintech sector “through joint initiatives and activities.” The agreement… Read More