Banxa Integrates with ZenGo Wallet to Provide Self-Custodial Onramp Alternative to Exchanges

Matrixport has had its UK wholly-owned subsidiary, Matrixport Advisors Limited, appointed as an Appointed Representative (AR) of Varramore Partners Limited (Varramore), which is authorized and regulated by the UK Financial Conduct Authority (FCA). The relationship allows Matrixport to conduct a range of investment-related activities in the UK. Headquartered in Singapore,...

Binance, which claims to be the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has invested in GOPAX, a South Korean cryptocurrency exchange licensed “to provide fiat-to-crypto services to customers, as part of its Industry Recovery Initiative (IRI).”. In November 2022, GOPAX halted “the withdrawal of principal and...

Genesis Global Holdco, LLC says that it has reached an “agreement in principle” with Digital Currency Group (DCG) and the ad hoc groups of creditors of Genesis Global Capital, LLC, which holds or represents more than $2 billion in claims, according to a note from Genesis. The agreement...

Last week, it was reported that DealMaker had filed a lawsuit against Issuance, claiming that Issuance had utilized a relationship between the two firms to gain access to intellectual property to launch a similar service. DealMaker is a tech-enabled platform that helps firms raise money online. DealMaker reports over 689,000...

Cashfree Payments, India’s payments and API banking solutions company, launched ‘Co-lend’, a fully automated escrow management solution for co-lending. ‘Co-lend’ has been developed in line “with the digital lending guidelines announced by the Reserve Bank of India (RBI).” It facilitates instant disbursal “with auto reconciliation and a dashboard for managing multiple partnerships.” Additionally, it requires “no manual intervention, automatically notifies the loan management system, and eliminates reconciliation efforts.”

Larky, a Fintech provider helping financial institutions connect with their audience in the right place and at the right time, announced its launch with Marshfield, Wis.-based Forward Bank. The bank has introduced Larky’s nudge push notifications in order to provide its account holders with more personalized, timely communications. With...

Tax season is a “dreaded” time of the year for many — especially crypto users, according to an update from Binance. Scouring a spreadsheet and computing all your transactions, gains, and losses throughout the past year can be, well, “taxing.” For day traders, who normally deal with thousands of transactions yearly, this means “putting in extended hours and stress to ensure the accuracy of their filings come tax reporting time.”

Do you remember Republic Note? Back in 202o, Republic sought to raise capital for a security that provides purchasers with a portion of the income generated by the investment crowdfunding platform. At that time, Republic raised about $16 million in a sold-out Reg D 506c offering for accredited investors. Simultaneously, Republic filed a Form 1-A to enable non-accredited investors to participate in the securities offering, pitched as a digital asset. Unfortunately, the Securities and Exchange Commission (SEC) struggled to qualify the Reg A+ offering.

Sionic, a provider of omni-commerce, faster digital payments solutions, today announced it is launching a suite of new, trust-based services “to address the significant challenges facing faster payments in the U.S. whether on The RTP® Network or upcoming FedNow™ bank rails.”. The services are “designed to help...

Decentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in “the evolution of decentralized trading protocols.”. The Dexalot Subnet aims “to replicate the user experience of a CEX without compromising on decentralization and transparency.”. Its team has “spent months building and refining its...

SyndicateRoom, an online investment platform, reports that portfolio company 10to8 has been acquired by Sign In Solutions. Deal terms were not revealed, but SyndicateRoom said that the exit was at a “positive multiple.”. 10to8 is a time management, communication and meeting platform that aims to eliminate missed appointments. Sign...

Radiant Logic, the Identity Data Fabric company, announced that it has entered into a definitive agreement to acquire Brainwave GRC, a key player focused on Identity Governance and Analytics (IGA) headquartered in France. Together, Radiant Logic and Brainwave GRC address “a broad set of identity use cases, and the acquisition...

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced AvidAnalytics, a premium Business Intelligence (BI) solution. AvidAnalytics offers buyer customers custom reporting methods “to help improve spend management and drive stronger results and efficiency for the organization.”...

Iwoca is announcing the integration of its B2B payment solution iwocaPay with Quickbooks’ accounting software package – this makes it “the first invoice checkout integration with a BNPL option for businesses that integrate with QuickBooks.”. Quickbooks supports UK businesses “with their accounting needs via a cloud-first approach...

With transaction volumes, customer expectations, and competitive threats at an all-time high, banks must “adapt quickly to keep pace.”. To address these challenges, Oracle launched Oracle Banking Cloud Services, a new suite of componentized, composable cloud native services. The six new services available “provide banks with highly scalable corporate...

Brillio, a digital transformation services and solutions provider, announced the appointment of Navneet Narula as the Global Head of Banking, Financial Services & Insurance (BFSI). Narula brings over 20 years of leadership experience “building and scaling new growth engines and transforming business verticals throughout his career working in software services,...

In an analysis of its Health Saving Account (HSA) Database that was published recently, the Employee Benefit Research Institute (EBRI) found that, “despite health care expenditures increasing in the wake of the COVID-19 pandemic, average HSA balances increased during 2021.”. In fact, the majority of accountholders “contributed more than...

The world of collectibles is a “real business” with a passionate following. When it comes to trading cards, the Topps brand is in “a league of its own,” according to an update shared by Checkout.com. The company known for its legendary baseball cards “has made its...

Tide, a neobank serving business customers, has closed on the acquisition of Funding Options, a UK marketplace for business finance, following FCA approval. The purchase was previously announced in November 2022. Tide is authorized by the FCA under the Electronic Money Regulations and offers bank accounts provided by ClearBank which...

OurCrowd is returning next week (February 15, 2023) with its investor summit, held in Jerusalem. The OurCrowd Global Investor Summit focuses on online capital formation and is the largest gathering of its kind globally. OurCrowd hit the pause button on the event following the emergence of the COVID health challenge.