Waves Protocol Team Partners OKExChain Developers to Work on Cross-Chain DeFi Projects

The Waves Protocol team has teamed up with the developers of OKExChain in order to work on distributed ledger tech (DLT)-focused projects. The development of a cross-chain decentralized finance (DeFi) ecosystem and developer-friendly tools will be the primary focus of the collaboration between the Waves… Read More

DeFi Tokens Aave and YFI Continue to Rally as Institutional Investors back Decentralized Finance Intiatives: Report

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

UK Banking Challenger Starling Reports Breaking Even, Might Become First New Digital Bank to Reach Profitability

UK-based digital bank Starling recently revealed that it managed to break even and claims that it may be on track to become the first banking challenger to reach profitability. Starling Bank’s management noted that it’s the first of the new digital banks (which includes Monzo,… Read More

European Mobile Wallet Stocard Introduces New Pay Feature for Customers in France, Italy, Germany, the Netherlands

Stocard, a European mobile wallet, has introduced its payment feature Stocard Pay in four other countries including France, Italy, Germany, and the Netherlands. Stocard had initially launched its platform in the UK markets in June 2020. Stocard aims to become the leading “on-the-go” financial services… Read More

E-Commerce Fraud Prevention Solution Provider Forter Secures $125 Million via Series E Round at $1.3 Billion Valuation

Forter, an established e-commerce fraud prevention solution provider, has secured $125 million in capital through a Series E investment round. Forter’s latest round was led by Bessemer Venture Partners, Felix Capital and Itai Tsiddon. Sequoia Capital, NewView Capital, Scale Venture Partners, March Capital Partners and… Read More

Money Manager Betterment Partners Dosh to Provide Cashback Offers for Checking Account Customers

Online financial advisor Betterment has teamed up with Dosh, an app that finds cashback deals for consumers and helps businesses acquire and retain customers, in order to offer cashback rewards for checking account customers. Betterment notes that they’ve created their no-fee, “hassle-free” Checking account because… Read More

Travala.com’s Latest Equity Crowdfunding Campaign Nears £1.1 Million During the Final Week on Crowdcube

  Travala, a service that lets users pay for hotel reservations with digital currencies, is set to close its latest equity crowdfunding campaign on Crowdcube with nearly £1.1 million raised. The funding round, which originally sought to raise £500,000, has attracted more than 800 Crowdcube… Read More

Update: Twin Science & Robotics to Close Seedrs Campaign With Nearly £1.2 Million Raised

Twin Science & Robotics, a new educational experience that up skills children with physical and digital products, is set to close its equity crowdfunding campaign on Seedrs with nearly £1.2 million raised. The company’s funding round made its debut last month and has attracted more… Read More

U.S. Fintech Wemlo Introduces AI Tech For Mortgage Processing

Wemlo, a U.S.-based fintech that’s focused on mortgage loan processing, announced on Friday the launch of its new AI technology called Athena. According to Wemlo, Athena is a virtual assistant AI developed to empower and improve loan processing by identifying discrepancies within a mortgage loan… Read More

Arca Chief Legal Officer Phil Liu Comments on Crypto Regulation

  Phil Liu is Chief Legal Officer and co-founder of Arca – a regulatory compliant digital asset investment platform that is building financial products utilizing blockchain. Arca is the first firm to offer a registered fund with shares issued as a digital security. The Fund… Read More


Bitcoin (BTC) Price has Been Surging Due to Very Different Reasons Compared to 2017 Bull Run: Report

The Bitcoin (BTC) price has been hovering around $18,000 for the past few days. According to blockchain analysis firm Chainalysis, this means that we’re in the midst of a significant price surge that has not been seen since the bull run of late 2017 and… Read More

First Stablecoins in Brazil and Argentina Launched on Stellar

Settle Network has launched two new stablecoins on in Argentina (ARST) and the other in Brazil (BRLT). Both issued using Stellar, these are the first stablecoins in each country. Stellar is a decentralized network that has focused on financial products and services. According to a… Read More

Sweden-Based Fintech Juni Secures €2 Million Through Latest Seed Round Led By Venture Fund Cherry

Juni, a Sweden-based fintech startup, announced on Thursday it secured €2 million through its Seed funding round, which was led by Cherry, an early stage European venture fund. The company reported that it was created by a group of marketers and fintech entrepreneurs tired of “modern”… Read More

African Cross-Border Fintech Startup Chipper Cash Secures $30 Million Through Series B Investment Round Led By Ribbit Capital With Participation from Jeff Bezos’ VC Fund

  Chipper Cash, an Africa-based cross-border fintech startup, has reportedly secured $30 million through its Series B investment round, which was led by Ribbit Capital with participation from Jeff Bezos’ personal VC fund, Bezos Expeditions. This investment round comes less than six months after Chipper… Read More

OKEx says Withdrawals to Recommence Following Concerns of Security Breach

Crypto spot and derivative exchange OKEx reports that withdrawal services of all digital assets will be resumed on or before Nov. 27, 2020. Before reopening withdrawals, the OKEx team is conducting security checks in order to resume normal operations of the hot wallet system. OKEx… Read More

Binance Now has Over 13 Blockchain Initiatives being Supported by its $100 Million Accelerator Fund

Binance, the world’s largest digital asset exchange in terms of trading activity and scope of operations, has issued an update regarding its $100 million accelerator fund. The Binance team revealed that there are now more than 13 different projects being supported by the exchange’s $100… Read More

Scotiabank Unveils Global AI Platform

Scotiabank announced earlier this week the launch of its new artificial intellignce (AI) platform. According to the Canadian banking group, the platform provides customers with intelligent and personalized financial advice. It also enables the bank to provide what it believes to be fast, relevant advice… Read More

Noted Fintech VC QED Investors Expands into Southeast Asia

Prominent Fintech venture capital firm QED Investors has announced an expansion into Southeast Asia. It already invests in early-stage Fintechs in the U.S., U.K. and Latin America. Fintech in Asia has experienced a boom in early-stage ventures and while investments may ebb and rise it… Read More

Canadian Fintech XTM Announces Launch of Vert Visa Credit Card to Provide Newly-Banked/Underbanked Access to Unsecured Credit

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday the launch of its unsecured Visa credit card program and offering, the Vert Card. According to XTM, the program uses an intuitive mobile app to collect customer data and… Read More

LendInvest Funds BTL Property in Just Four Days

Property finance platform LendInvest has distributed a note sharing that its marketplace funded the purchase of an HMO (house of multiple occupancy) property in four days for an experienced landlord in West London. The property was a tenanted ten-bedroom house in West London. LendInvest say… Read More

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