Tagged: app.net

Ethereum Adoption: Fintech Platform Ramp Partners with Linea, a zkEVM Rollup for Scaling ETH dApps

Ramp, a financial technology company building payment rails connecting the crypto economy to the global financial system, announced a partnership with Linea, a developer-ready zkEVM rollup for scaling Ethereum dapps. This collaboration combines Linea Network’s blockchain technology “with Ramp Network’s robust global payments infrastructure.” In… Read More

Gemini Remains Focused on Serving UK Market and Compliance with Financial Promotions Rules

On 8 October 2023, the FCA Financial Promotions Regime brought into effect new rules around qualifying cryptoassets. These rules set out new standards for financial promotions of cryptoassets and “apply to firms offering these products to UK consumers.” Since inception, Gemini claims it has “been… Read More

Saudi Central Bank SAMA Releases Performance Report of Finance Firms Sector and Real Estate Refinance for H1 2023

The Saudi Central Bank (SAMA) issued its semi-annual performance report of the finance companies sector and real estate refinance for H1 2023. According to the report, most of the indicators in the finance companies sector “grew at varying rates in H1 2023.” The paid-up share… Read More

Major Financial Hubs Now Providing More Regulatory Clarity on Crypto, Coinbase Report Claims

As momentum for crypto builds around the world, Coinbase (NASDAQ:COIN) is executing on Phase II of their “Go Broad, Go Deep” strategy for international expansion. Coinbase says that it sees the following: 1) enactment of clear rules; 2) innovation of more efficient, more accessible products… Read More

Switzerland: Inversis Acquires 100% of Openfinance from SIX

Inversis, a Banca March 100%-owned subsidiary specializing in providing global solutions for institutional clients in the financial asset distribution business, has reached an agreement with BME, a SIX company, for the complete acquisition of Openfinance. This firm reportedly “offers technological tools for the provision of… Read More

DreamFunded’s Co-Founder Manny Fernandez: Catching Up with SF’s Guardian Angel

DreamFunded: A Crowdfunding Platform “Built by Angels for Angels” Manny Fernandez, co-founder and CEO of equity crowdfunding platform DreamFunded and SF Angels Group founder, has enjoyed quite a summer:  Fernandez recently was awarded “SF Angel Investor of the Year” by Startups Showcase and his recently… Read More

Backer: A Crowdfunding Platform For Software Features From The Makers Of App.net

Earlier this week we reported on a crowdfunding campaign launched by Balanced. It’s interesting in that it seeks to fund a new feature for Balanced’s ever-evolving online payments platform. In this case – and despite the fact that this is still a rewards-based campaign –… Read More

Venture Capital: Pennies from heaven

A SUCCESSFUL internet entrepreneur sets up his own incubator, offering convertible debt to a handful of aspiring imitators. So far, the script resembles many that play out in Silicon Valley and the like. But at $37, the funds dished out by Pinboard Investment Co-Prosperity Cloud are not quite… Read More

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